Robinhood Markets has consented to pay $65 million to settle Securities and Exchange Commission allegations that the agent didn’t correctly notify clients that it offered their inventory orders to midsize dealers and other financial companies. Robinhood, famous for its favorite smart-phone program that provides commission-free trading, also consented to get an external advisor monitor its […]
Amazon.com has earmarked $2 billion to support affordable housing projects in three U.S. regions, joining the ranks of other technology giants seeking to alleviate the economic strain fueled in part by their rapid growth. The world’s largest online retailer says it will back efforts to preserve and create affordable housing near its Seattle headquarters, as […]
Chinese technology stocks tumbled for another day following Beijing clamped down to the online business, wiping out over $200 billion of significance. The Hang Seng Tech Index slumped 5.3percent on Wednesday in Hong Kong, carrying its short-term reduction to almost 10 percent. {Shares of Alibaba Group Holding Ltd., Tencent Holdings Ltd., JD.com Inc., Meituan and […]