Recent Posts

Ford adds 33,000 Rangers to do-not-drive list

George Waldman | Bloomberg | Getty Images Ford Ranger pickup trucks are seen at a dealership in Detroit, January 20, 2006. Ford and U.S. safety regulators are telling the owners of 33,428 Ranger pickup trucks in North America not to drive them because they have Takata air bag inflators “that …

Read More »

The mysterious trader nicknamed ’50 Cent’ made $200 million last week as the market blew up

Market participants called the trader “50 Cent” due to his or her penchant for paying a fixed 50 cents on 50,000 VIX contract call options trades. The “50 Cents” moniker is in reference to the American rapper Curtis James Jackson’s nickname. Call options are derivatives instruments, betting on a price …

Read More »

Amazon laying off hundreds – report

Lindsey Wasson | Reuters Amazon founder and CEO Jeff Bezos speaks at the new Amazon Spheres opening event at Amazon’s Seattle headquarters in Seattle, Washington, U.S., January 29, 2018. Amazon is laying off hundreds of employees and “managing out” others as the company consolidates its retail operations and expands tech …

Read More »