Fair 26°
Tag:

Stock Market

News
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media A major tech outage is causing issues worldwide, including grounding flights. Banks, stock markets, and media outlets are also being affected on Friday morning, July 19. An update by cybersecurity technology company CrowdStrike appears to be the cause of device outages for millions of Microsoft Windows device users. Several major US air carriers, including Delta, United, and Spirit are under a full ground stop, according to the FAA. "Several airlines have requested FAA assistance with ground stops until the issue is resolved," the agency said. Microsoft has said it is taking "mitigation …

SHARE

by Joe Lombardi
News
$6.8M COVID-19 Scam: Ex-Hedge Fund Manager Gets 4+ Years, No Parole $6.8M COVID-19 Scam: Ex-Hedge Fund Manager Gets 4+ Years, No Parole
$6.8M Covid-19 Scam: Ex-Hedge Fund Manager Gets 4+ Years, No Parole A dual New York/Florida resident was sentenced in New Jersey to a plea-bargained 51 months in federal prison for fraudulently collecting more than $6.8 million in COVID-19 payroll protection loans -- $3 million of which he lost in the stock market. Gregory J. Blotnick, 35, will have to serve just about all of the sentence because there's no parole in the federal prison system. In addition to the prison term, U.S. District Judge Brian R. Martinotti sentenced Blotnick in Newark to two years of supervised release and ordered him to pay restitution of $4,577,631. Blotnick told the judge last f…

SHARE

by Jerry DeMarco
News
Freshly Laid Off Netflix Workers Share Their Stories On Twitter Freshly Laid Off Netflix Workers Share Their Stories On Twitter
Freshly Laid Off Netflix Workers Share Their Stories On Twitter A bevy of laid off Netflix workers are airing their grievances on Twitter, and the world is watching. The layoffs come from the company's newly-launched fan site Tudum, Deadline reports. Tudum was named after the sound that Netflix makes when it opens. A Netflix spokesperson responding to Daily Voice's request for comment said only that "our fan website Tudum is an important priority for the company," and did not disclose an exact number of layoffs. Meanwhile, former employees are on the hunt for work. Netflix last week reported a significant subscriber loss, its first since 2011. The 26 …

SHARE

by David Cifarelli & Cecilia Levine
News
His Kids Feared Ex-Russian Military Dad ‘Booby-Trapped’ His Bergen County Home, Police Say His Kids Feared Ex-Russian Military Dad ‘Booby-Trapped’ His Bergen County Home, Police Say
His Kids Feared Ex-Russian Military Dad ‘Booby-Trapped’ His Bergen County Home, Police Say Two children of a former Russian military member feared their suicidal father had booby-trapped their Bergen County home after losing $400,000 in the stock market, investigators said. Anatoly Zaytsev, 67, remained held in the county jail in Hackensack on Wednesday, March 23, more than two weeks after members of the county Bomb Squad and other responders converged on his Oakland home and seized rifles, high-capacity magazines and silencers. The incident reportedly began when Zaytsev’s son told borough police that his father surrendered five guns to him.  The son also told them the Ukra…

SHARE

by Jerry DeMarco
News
Barstool CEO's Leaked Sex Tape May Have Caused Drop In Penn Shares Barstool CEO's Leaked Sex Tape May Have Caused Drop In Penn Shares
Barstool CEO's Leaked Sex Tape May Have Caused Drop In Penn Shares Barstool CEO Dave Portnoy's sex tape that leaked over the weekend may have caused a dip on shares of Penn National Gaming, Fox reports. Barstool dished out $136 million for a 36 percent share of the casino and racetrack company in January 2020. Since the video was leaked, Penn's shares dropped approximately 2.6 percent. Portnoy tweeted his response to the situation in a video and even encouraged investors to "buy the dip." Seriously though thanks to our fans for their never ending support. It’s what allows us to be us. $penn pic.twitter.com/jMfBViHMUH — Dave Portnoy (@stoolpresident…

SHARE

by Cecilia Levine