×

Money & Markets

UAW leader sentenced for role in racketeering scandal

the associated press DETROIT — The man who formerly oversaw a major region of United Auto Workers was sentenced to prison Tuesday for his part in a union racketeering scandal. Vance Pearson, who was based in the St. Louis area as director of UAW’s Region 5, was sentenced to 12 months ...

Fallout continues from biggest global ransomware attack

BOSTON — The single biggest ransomware attack yet continued to bite Monday as more details emerged on how a Russia-linked gang breached the exploited software company. The criminals essentially used a tool that helps protect against malware to spread it globally. Thousands of organizations ...

Robinhood’s customer ranks grow, revenue soars ahead of IPO

NEW YORK — Robinhood saw its revenue more than quadruple early this year as the new generation of investors it’s helped empower shook up Wall Street with their newfound trading power. In a filing with the Securities and Exchange Commission Thursday, Robinhood also said that it wants to ...

$40B pledged for gender equality, with $2B from Gates group

The U.N.-sponsored global gathering to promote gender equality generated about $40 billion in pledges Wednesday to help women and girls achieve that goal, partly fueled by a significant $2.1 billion contribution from Bill and Melinda Gates’ namesake foundation. The Bill and Melinda Gates ...

Roads, bridges, jobs: Biden selling big infrastructure deal

LA CROSSE, Wis. — President Joe Biden declared America urgently needs a “generational investment” in its infrastructure, as he looked to sell voters Tuesday on the economic benefits of the $973 billion bipartisan package that still faces an uncertain future in Congress. Biden traveled ...

Judge dismisses gov’t antitrust lawsuits against Facebook

WASHINGTON — A federal judge on Monday dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission and a coalition of state attorneys general, dealing a significant blow to attempts by regulators to rein in tech giants. U.S. District Judge James Boasberg ruled ...