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Bed, Bath & Beyond stock expands slide after $60 million Cohen exit, Liquidity Crunch reports

Bed, Bath & Beyond stock expands slide after $60 million Cohen exit, Liquidity Crunch reports

Bed, Bath & More (BBBY) Shares extended declines Monday, pushing the meme stock favorite to its lowest level in three weeks, as investors continue to exit the troubled household goods retailer after last week’s $60 million sale by activist investor Ryan Cohen. Cohen’s RC Ventures sold all hits of 9.45 million shares in Bed, Bath …

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'There is no reason to treat the crypto market differently from the rest of the capital markets just because it uses a different technology': SEC chief Gary Gensler

‘There is no reason to treat the crypto market differently from the rest of the capital markets just because it uses a different technology’: SEC chief Gary Gensler

““We can get rid of the idea that crypto loans are not subject to regulation. Rather, the rules have been around for decades. The platforms don’t follow them.’” — Gary Gensler, Securities and Exchange Commission What do automakers have to do with crypto lending platforms? Consumers and investors deserve protection — that applies to both …

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'Squashed like a bug': distressed bond manager makes multi-billion dollar bet against Tesla

‘Squashed like a bug’: distressed bond manager makes multi-billion dollar bet against Tesla

Scott Burg, the chief investment officer of Deer Park Road Management Co, who predicted that Tesla would become “crushed like an insect” in a 2020 tweet, he bought put options on nearly 4.8 million Tesla shares in the second quarter, according to a regulatory filing this week, Bloomberg and Barron’s reported. The stock backed by …

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McDonald's Menu Adds a New Big Mac (It's Finally in the US)

McDonald’s Menu Adds a New Big Mac (It’s Finally in the US)

Few people remember Burger King beating McDonald’s (MCD) to the punch when it came to having a signature sandwich. Before the Whopper reached the now number three fast food burger chain in 1957, both Burger King and McDonald’s had very simple menus built around the execution. Back in the day, neither chain tried to come …

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Apple Users Need To Update Zoom --- And Beware Of Fake Coinbase Jobs

Apple Users Need To Update Zoom — And Beware Of Fake Coinbase Jobs

Bad apples have given iPhone, Mac and iPad users more reasons to worry. Apple AAPL, -1.51% shared two security reports this week warning of serious vulnerabilities in some of its devices, which could allow attackers to take full control of iPhones, iPads and Macs. Users were advised to update affected devices, including: iPhone 6S and …

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Has the Fed 'Misinterpreted' Stock Market Again?  What strategists say about the reaction to the July minutes

Has the Fed ‘Misinterpreted’ Stock Market Again? What strategists say about the reaction to the July minutes

Minutes from the Federal Reserve’s July meeting — at which policymakers raised benchmark interest rates by 75 basis points — indicate that stock market participants were pricing in a “less aggressive” policy outlook too quickly, some strategists argued Wednesday. Federal Reserve officials agreed in July that it was necessary to raise their benchmark interest rates …

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HALLANDALE BEACH, FLORIDA - MAY 18: People wearing protective masks walk from a Walmart store on May 18, 2021 in Hallandale Beach, Florida. Walmart announced that customers who are fully vaccinated against Covid-19 will not need to wear a mask in its stores, unless one is required by state or local laws. The announcement came after the Centers for Disease Control and Prevention said that fully vaccinated people do not need to wear a mask or stay 6 feet apart from others in most cases, whether indoors or outdoors. (Photo by Joe Raedle/Getty Images)

Target profit drops 90% as inflation-weary shoppers pull back

But Target reported that its price cuts did little good: It ended the quarter with 1.5% more inventory than three months earlier and 36% more than a year ago. The company said it has reduced the amount of discretionary items in warehouses, but Target noted that sales of those items are “putting significant pressure on …

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