Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices. The settlement figure consisted of a $26 million civil fine and $3.75 million restitution to customers, FINRA said on March 7. Robinhood failed to “respond to…
Law enforcement agencies have obtained the prescription records of thousands of Americans from the country’s largest pharmacy chains without a warrant, a congressional inquiry found, raising concerns about how the companies handle patient privacy. Three of the largest pharmacy groups — CVS Health, Kroger and Rite Aid — do not require their staff members to…
Mar 8, 2025; Boston, Massachusetts, USA; Boston Celtics guard Jaylen Brown (7) reacts after a game against the Los Angeles Lakers at the TD Garden. Mandatory Credit: Brian Fluharty-Imagn Images Jayson Tatum had 40 points, 12 rebounds and eight assists to help the Boston Celtics extend their winning streak to four games by beating the…
Figma, a cloud-based design platform, has met with investment banks in recent weeks to discuss an initial public offering that could come as soon as this year, two people with knowledge of the matter said. In 2023, European and U.S. regulators stymied an effort by the software giant Adobe to buy Figma for $20 billion….
A California financial regulator says users reported seven new types of crypto and AI scams that it hadn’t seen before through thousands of complaints in 2024. The California Department of Financial Protection and Innovation (DFPI) said in a March 10 statement that it received 2,668 complaints in 2024 and found seven types of scams they…
Coinbase announced on March 10 that it plans to offer 24/7 trading for Bitcoin (BTC) and Ether (ETH) futures to US residents. The exchange is also launching perpetual futures trading with long-date expirations. According to Coinbase, much of the current crypto derivatives market takes place outside of US borders, with American traders having to navigate…
Dr. Marty Makary may face sharp questions from senators about whether he will defend the Food and Drug Administration against staff cutbacks and industry pressure on Thursday, although he is still expected to sail through his confirmation hearing to become the agency’s commissioner. Dr. Makary built his reputation as a contrarian in the medical field,…
As Congressional Republicans weigh major cuts to Medicaid, most voters do not want to see the public health plan’s funding dialed back, according to a poll released Friday by KFF, a nonpartisan health research firm. Just 17 percent of respondents said they supported cuts to Medicaid, the government health insurance program that covers more than…
Uniswap’s newly launched Ethereum layer-2 network, Unichain, was the fastest-growing blockchain in its debut month, according to blockchain data firm Nansen. Unichain, which launched its mainnet on Feb. 11, saw 236,452 active addresses in its first month, according to blockchain analytics firm Nansen. While impressive for a new network, Unichain’s user base remains small compared…
Good morning. “Dear Winter,” the sign in front of a local business read, “I’m breaking up with you.” Me, too. I love cold, snow, thick ice, quartered oak roaring in the fireplace. I love sea smoke on the bay and the crunch of frozen leaves beneath my feet in the forest. But I don’t love…