News Highlights: Top Company News of the Day
February 26 2021 - 3:30PM
Dow Jones News
Robinhood in Talks to Settle Finra Probes Into Options-Trading Practices, Outages
The stock-trading app is in talks to pay a fine to settle
investigations into its options-trading practices and outages the
stock-trading app suffered in March 2020.
Cinemark Shines Without the Drama
Move-theater chain Cinemark has been overshadowed by the
attention investors have focused on competitor AMC Entertainment,
but Cinemark's comparatively boring show might be more worth tuning
in to.
Investors Await Warren Buffett's Annual Letter
Berkshire Hathaway's chairman is set Saturday to provide
insights into the state of the U.S. economy and markets amid the
pandemic.
Birkenstock, Once a Fashion Faux Pas, Snapped Up by LVMH's Arnault
The deal is a sign of how far the luxury world has come around
to the German sandal maker.
J&J Covid-19 Vaccine Is Effective Across Demographic Groups, FDA Scientists Say
The testimony comes before an all-day meeting of a panel of
medical experts. The meeting-and its outcome-is the last step
before the U.S. Food and Drug Administration decides whether to
authorize the single-dose vaccine.
Nikola Internal Review Confirms Some of Short Seller's Claims
Nikola said that a video of its electric truck in motion gave a
misleading impression it was drivable and that its founder had made
several inaccurate statements.
MoneyGram's Decision to Halt Ripple Partnership Leaves CFO With Earnings Hole
The Dallas-based money-transfer company this week said it
suspended its partnership with Ripple in December after securities
regulators sued Ripple for violating investor protection laws.
Netflix to Spend $100 Million to Help Underrepresented Communities in Entertainment
Netflix is creating a $100 million global fund aimed at
increasing outreach to underrepresented communities looking to work
in entertainment.
Airbnb Can Settle Into a Post-Pandemic Market
Against all odds, Airbnb might be a relatively safe place to
rest both your family and your money in 2021.
IAG Suffers EUR4.4 Billion Loss, Says Uncertainty to Continue
British Airways-owner IAG reported an adjusted operating loss of
EUR4.4 billion in 2020 and didn't provide any guidance, but said
capacity for the first quarter will be 20% of 2019 levels.
(END) Dow Jones Newswires
February 26, 2021 15:15 ET (20:15 GMT)
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