 | | | | U.S. retail sales rebounded sharply in January after households received additional pandemic relief money from the government, suggesting a pick-up in economic activity after being restrained by a fresh wave of COVID-19 infections late last year. | | | | | | Online broker Robinhood said on Wednesday it intends to give customers the ability to deposit and withdraw cryptocurrencies, including the meme-based dogecoin. | | | | | | A Wall Street hedge fund manager, the chief executive of Robinhood and a YouTube streamer known as "Roaring Kitty" laid out their defense on Wednesday ahead of a grilling by lawmakers over the Reddit-fueled rally in retailer GameStop Corp. | | | | | | Albemarle Corp, the world's largest lithium producer, reported a lower fourth-quarter profit on Wednesday and forecast a decline in current year earnings as it struggles with lower demand due to the COVID-19 pandemic's hit to economic activity. | | | | | | Congressional Democrats have begun discussions with the White House on ways to crack down on Big Tech including making social media companies accountable for the spread of disinformation on matters such as the U.S. Capitol riot and addressing the abuse of market power to harm corporate rivals. | | | | | | China's Baidu Inc reported quarterly revenue above Wall Street expectations on Wednesday, bolstered by a rise in advertising on its core search and video-streaming platforms in an economy that is recovering from the pandemic-induced slump. | | | | | | The Nasdaq closed lower while the S&P 500 was little changed on Wednesday as investors rotated out of technology shares and concerns about inflation added some pressure on stocks. | | | | | | Facebook Inc will block news content from being read and shared in its news feed in Australia, drawing a line in the sand against a proposed Australian law that would require it and Alphabet Inc's Google to pay the country's news publishers for content. | | | | | | Veteran Boeing Co board members, Arthur Collins and Susan Schwab, are expected to retire from the U.S. planemaker's board, one person familiar with the matter said on Wednesday. | | | | | | A gauge of global equity markets pulled back on Wednesday from the record high hit in the previous session as investors sold technology-related companies and the prospect of rising inflation tempered optimism around a vaccine-led global economic recovery. | | | | | |
