NBA champion Michael Jordan to sell majority stake in HornetsHornets minority stakeholder Gabe Plotkin and Rick Schnall, who is a minority owner of the Atlanta Hawks, lead the buyers' group.
Can Covid vaccines work as boosters? Here's what researches have to sayIf boosters don’t work well against the variant, vaccine developers will need to make new shots.
Billions in secret derivatives at centre of Archegos blowupThe idea that one firm can quietly amass outsized positions through the use of derivatives could set off another wave of criticism directed...
After GameStop saga, Melvin Capital gained 21.7% net of fees in FebruaryThe fund, founded by Gabe Plotkin, lost 53% in January when retail investors joined forces to drive up the stock to trade at more than $400...
Robinhood CEO defends actions in GameStop saga at hearingUS lawmakers are examining whether the wild swings in the stock price of the video game retailer exposed conflicts in the market's structur...
Hedge fund manager Gabriel Plotkin's GameStop short, dissectedOn Thursday, he spent more than five hours answering U.S. lawmakers' questions about how his firm Melvin Capital Management, which shed 53%...
Short-selling under spotlight in GameStop hearingShorting a stock is a bet that the share price will fall.
US lawmakers face off with GameStop saga's key playersThe episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. Lawmakers from both p...
Hedge funds hunt frothy names to short, even after GameStopPandemic-driven volatility made last year one of the best in a decade for many equity hedge funds. Several posted gains that were more than...
Analysis: To the brink and back on GameStop - Wall Street vs RedditThe experience of this manager and a handful of others interviewed by Reuters over the last days, who all requested anonymity for fear of p...
View: Shouldn't we look before we take a leap on Covid vaccination?For a mass roll-out of vaccines, the world is looking at India, the largest supplier of vaccines. So, when India gave ‘restricted emergency...
Bobby Jindal's portrait sparks race rowA portrait of Bobby Jindal has sparked a racial controversy in the US with the Republican presidential aspirant appearing to be a white man...
Approval rating of Indian-American Governor Bobby Jindal drops to 38%: US pollAmid speculation over a 2016 presidential bid by Louisiana's Indian-American Governor Bobby Jindal, his approval rating has dropped to a lo...
- Goldman analyst gets prison in insider case
A former Goldman Sachs Group Inc analyst was sentenced to nearly five years in prison on Thursday for helping lead a far-flung insider trad...
- Novartis, Sanofi seek new vaccine to fight mutating flu
Novartis and Sanofi-Aventis are among drug-makers searching for new weapons against influenza viruses that evade protection from existing v...