NEW YORK, Dec 29 (Reuters) – The U.S. Securities and Exchange Commission charged Medallion Financial Corp and its president with fraud for trying to inflate the stock price of the lender to taxicab medallion buyers, amid competition from Uber (UBER.N) and Lyft . Medallion shares plummeted $3.83, or 45.3%, to […]
Business & Finance
Search Quotes, News, Mutual Fund NAVs Yes Bank INE528G01035, YESBANK, 532648 […]
Jan 7 (Reuters) – Citigroup Inc (C.N) staff in the United States who have not been vaccinated against COVID-19 by Jan. 14 will be placed on unpaid leave and fired at the end of the month unless they are granted an exemption, according to a company memo seen by Reuters […]
Meta is working on plans to allow users to create and sell non-fungible tokens as Facebook’s parent company seeks to join the rush of companies trying to capitalise on the digital collectible craze. Teams at Facebook and Instagram are readying a feature that will allow users to display their NFTs […]
Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 cents per share. Revenue was slightly below forecasts, but the bank’s overall performance was […]