High-Speed Trader Virtu Fires Back at Critics

Scrutiny of the recent stock surges at GameStop, AMC and others has put pressure on the trading firm run by CEO Douglas Cifu.

 
Cruise Lines Wrestle With Florida Ban on Vaccine Passports

A standoff between Florida Gov. Ron DeSantis and the cruise industry over whether to require passengers to show proof of Covid-19 vaccines is coming to a head.

 
Miners Try to Get Covid-19 Vaccines Into Areas Where Shots Are Scarce

The pandemic is helping to soften the reputation of mining companies, often cast as villains.

 
Facebook and Its Advertisers Feel Pinch of Apple's Privacy Drive

Recent changes in Apple's IOS operating system have diminished Facebook's ad targeting abilities.

 
Boeing Offloads Unclaimed MAX Jets as Travel Recovers

The recovery in domestic air travel is helping the plane maker find new homes for jets whose original buyers walked away or collapsed during the pandemic.

 
Torrens Group Plans to Raise Over $900 Million in Australia IPO

Torrens Group plans to raise $905.3 million in gross proceeds through an initial public offering in Australia, as the company seeks to tap new investors.

 
Puerto Rico's Power Distributor Hit by Cyberattack Hours Before Fire

Luma Energy said a distributed denial-of-service attack targeted its customer portal, as well as its mobile app, shutting out customers trying to access their accounts or report outages.

 
Toshiba to Appoint New Directors to Reform Corporate Governance

Toshiba Corp. Board Chairman Osamu Nagayama said Monday that the company will look for new directors after a probe found it worked with the Japanese government against foreign shareholders.

 
House Bills Seek to Break Up Amazon and Other Big Tech Companies

Lawmakers proposed a raft of bipartisan legislation aimed at reining in Big Tech, including a bill that seeks to make the e-commerce giant and others split into two companies or shed some of their products and services.

 
AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders

Mudrick Capital's flagship fund lost 10% in just a few days, highlighting how risky retaining significant exposure to such stocks can be.

(END) Dow Jones Newswires

June 14, 2021 03:15 ET (07:15 GMT)

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