By Jonathan Stempel(Reuters) -Robinhood Markets, the online trading platform, agreed to pay $29.75 million to resolve several Financial Industry Regulatory Authority probes into its supervision and compliance practices, including failure to respond to "red flags" of potential misconduct.The brokerage regulator said on Friday that Robinhood (NASDAQ:HOOD) will pay a $26 million civil fine and $3.75 ...
By Jody Godoy(Reuters) -The U.S. Department of Justice on Friday dropped a proposal to force Alphabet (NASDAQ:GOOGL)’s Google to sell its investments in artificial intelligence companies, including OpenAI competitor Anthropic, to boost competition in online search.The DOJ and a coalition of 38 state attorneys general still seek a court order requiring Google to sell its Chrome browser and take o ...
By Charlie ConchieLONDON (Reuters) - A group of executives and financiers has in recent weeks met with companies and brokers to find backing for a plan to approach the London Stock Exchange (LON:LSEG) with a proposal to revitalise its struggling Alternative Investment Market.Under the plans, AIM - which was founded in the 1990s to help smaller companies gain access to capital - would be rebrande ...
(Reuters) - A federal judge on Friday certified a class action accusing Boeing (NYSE:BA) of prioritizing profit over safety and overstating its commitment to safe aircraft, prior to the January 2024 mid-air cabin panel blowout on an Alaskan Airlines 737 MAX 9.U.S. District Judge Leonie Brinkema in Alexandria, Virginia, said shareholders led by Rhode Island’s state treasurer who owned Boeing stoc ...