Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Robinhood to plan confidential IPO filing as soon…
By Matthew Monks and Katie RoofRobinhood Markets Inc., the trading platform behind the boom-and-bust swing in GameStop Corp.’s shares, plans to file confidentially for an initial public offering as soon as March, according to people…
Wall Street clearing firm proposes 1-day trade settlement…
Pavlo Gonchar | LightRocket | Getty ImagesThe firm that provides clearing and settlement services for brokers proposed shortening the time it takes to settle a trade, amid the GameStop controversy that caused brokerages like Robinhood…
Robinhood sued by family of 20-year-old trader who…
The Robinhood logo on a smartphone arranged in the Brooklyn borough of New York, U.S., on Saturday, Dec. 19, 2020.Gabby Jones | Bloomberg | Getty ImagesRobinhood was sued Monday for wrongful death by the family…
Consumer watchdog sees surge in Robinhood complaints, some…
The logo of trading app Robinhood is displayed on a smartphone.Olivier Douliery | AFP via Getty ImagesA U.S. consumer watchdog saw a surge in complaints regarding Robinhood last week, with some clients claiming they were…
Robinhood raises trading limit on GameStop further to…
Robinhood continued to ease trading restrictions on Monday, raising its trading limit on GameStop to 20 shares.Robinhood's changes are slight. Clients who already own more than 20 shares of GameStop cannot buy any new shares.…
Robinhood is still severely limiting trading, customers can…
Restrictions on Robinhood traders got tighter throughout the day on Friday, only allowing clients to buy a single share of GameStop.The stock trading app also expanded its list of restricted stocks from 13 earlier in…
Robinhood CEO says it limited buying in GameStop…
Robinhood CEO Vlad Tenev said Robinhood's move to stop trading in certain speculative names was in the best interest of the company and its millions of users."In order to protect the firm and protect our…
SEC charges Robinhood with misleading customers about how…
The Securities and Exchange Commission on Thursday charged Robinhood with deceiving customers about how the stock trading app makes money and failing to deliver the promised best execution of trades.Robinhood agreed to pay a $ 65…