The Securities and Exchange Commission on Monday said two related Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges that they violated more than 10 separate securities law provisions related to their brokerage operations. The violations by Robinhood Securities LLC and Robinhood Financial LLC are related to failures to report suspicious…
As the boutique fitness sector starts to buckle, Barry’s Bootcamp on Monday announced new investment from Princeton Equity Group. “The reason why this [boutique fitness] works for Barry’s is that our positioning in the marketplace is premium,” said Joey Gonzalez, Barry’s co-CEO, in an interview with CNBC. “We always want…
Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA’s 76ers and the NHL’s Flyers. The deal represents a reversal from previous plans to build an arena in the Center City district of Philadelphia. Harris Blitzer and…
Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company announced Monday. The new group will be led by Jay Parikh, the former CEO of cybersecurity startup Lacework and former global head of engineering at Meta. The group will be called Core…
Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said it expects the transaction to close in the second quarter of the year. The two companies will post their respective fourth-quarter results when IAC reports on Feb. 11. Angi was founded…
Israeli Prime Minister Benjamin Netanyahu has spoken with US President Joe Biden about the progress in negotiations for a Gaza ceasefire-hostage deal. “The prime minister discussed with the American president the progress in the negotiations to release our hostages and updated him on the mandate he gave to the negotiating…
Italy’s justice minister has asked an appeals court to revoke the arrest of an Iranian citizen wanted by the US over a drone attack in Jordan that killed three Americans a year ago. Mohammad Abedini was scheduled to appear at a Milan court on Wednesday in connection with his bid…
Islamabad, Pakistan (Reuters) — Nobel Peace Prize winner Malala Yousafzai urged Muslim leaders on Sunday to back efforts to make gender apartheid a crime under international law, and called on them to speak out against Afghanistan’s Taliban over its treatment of women and girls. At a summit on girls’ education…
(AP) — An emergency task force arrived in Russia’s southern Krasnodar region on Sunday as an oil spill in the Kerch Strait from two storm-stricken tankers continues to spread a month after it was first detected, officials said. The task force, which includes Emergency Situations Minister Alexander Kurenkov, was set…
An Austrian woman has been kidnapped by gunmen in Niger’s Agadez city, local residents and the Austrian foreign ministry said on Sunday, the first time a European citizen is known to have been kidnapped in the conflict-hit West African nation since a military junta took power in 2023. The ministry…