News for American Airlines Group Inc. (A1G.F)

February’s employment report, to be released Friday, is expected to show jobs gains

The fund uses artificial intelligence to track the the top 75 large-cap stocks each month based on positive social media chatter.

There’s a saying about the weather in March: It comes in like a lion and goes out like a lamb. While we don’t know how the market will end the ...

(Bloomberg) -- Robinhood Markets Inc., the trading platform behind the boom-and-bust swing in GameStop Corp.’s shares, plans to file confidentially for an initial public offering as soon as March, according to people familiar with the matter.The company has held talks in the past week with underwriters about moving forward with a filing within weeks, said the people, who asked to not be identified because the matter isn’t public. No final decision has been made and the timing could change, the people said.Robinhood, which was valued at $11.7 billion in a funding round last year, raised financing this year that will convert to equity in an IPO. A first tranche will convert at a $30 billion valuation or a 30% discount to the IPO, whichever is lower, with the second at the lower of the 30% IPO discount or a $33 billion valuation, Bloomberg reported.A representative for Robinhood, based in Menlo Park, California, declined to comment.Robinhood exploded in popularity during the pandemic as homebound young people turned to its trading app to make money and pass the time. The company, which has been targeting a 2021 IPO since at least last year, encountered a cash crunch three weeks ago and since then has faced regulatory inquiries, including a hearing convened by the House Financial services Committee.Robinhood had to draw down its credit lines and raise $3.4 billion from its backers to post more collateral with the Depository Trust & Clearing Corp., the industry’s clearinghouse. The DTCC wanted members to post more cash to ensure they could clear trades, given wild swings in stocks including video game retailer GameStop and movie theater chain AMC Entertainment Holdings Inc.Robinhood is also facing political and customer backlash because it temporarily curbed trading in GameStop and other stocks.Robinhood Financial said in a filing Friday that it’s in talks with Financial Industry Regulatory Authority to settle an investigation regarding March 2020 app outages and options trading. The U.S. Securities and Exchange Commission and FINRA are reviewing how Robinhood displays cash and buying power to customers and its options trading approval processes, according to the filing.The company has been considering selling some of its shares in its IPO directly to its own users, Bloomberg News reported. Such a move would be striking because retail investors usually don’t get to buy into new listings at the offering price. Instead, they typically have to invest on the first day of trading in a rush that can drive up the stock price.(Updates with FINRA review of 2020 issues in eighth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Berkshire Hathaway’s chairman is set Saturday to provide insights into the state of the U.S. economy and markets amid the pandemic.

Nothing can go up forever without stopping. It just seems that way right now in the Treasury market. The benchmark 10-year yield hit another milestone this ...

Today’s a big day for Fed watchers. So is tomorrow. Meanwhile, the “Tech check” continues with selling overnight hitting mega-cap stocks ...

Monday's top analyst upgrades and downgrades included Airbnb, Charles Schwab, Energy Transfer, JetBlue Airways, Phillips 66, Snap, Southwest Airlines, SunPower and VMWare.

Pandemic-hit airlines have been among the few sectors that have been left out of the bull market. But their time may be coming, as pent-up demand ...

Pandemic-hit airlines have been among the few sectors that have been left out of the bull market. But their time may be coming, as pent-up demand m...

(Bloomberg) -- Macy’s Inc. is sounding out investors on a potential debt sale that would further aid the retailer through the pandemic, as a string of troubled companies look to capitalize on record-low borrowing costs.

Based on Portfolio123 data here is the current list of publicly traded companies over $5 billion in market capitalization that are highly likely to be potential earnings manipulators on February 15, 2021.

United follows American Airlines in bringing back the Boeing 737 Max to service after a worldwide grounding.

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By Dr. Oleg Konovalov, thought leader, educator, coach, and author of THE VISION CODE

LONDON (Reuters) - Total shopper numbers across British retail destinations rose by 6.7% in the week to Feb. 6 versus the previous week, adding to evidence of

By Tim Kelly and Douglas Busvine

By Jessica DiNapoli, Mike Spector and Koh Gui Qing

As coronavirus vaccines started rolling out late last year, there was a palpable sense of excitement. People began browsing travel websites and airlines grew…