Finance
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Steve Cohen’s Point72 and other hedge funds are sending urgent requests to find a replacement after Robinhood’s data on hot stock trades suddenly went dark
Point72 has reached out to other trading platforms and investing apps in a hunt for new trading signals, according to people with...
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UPenn just rolled back return-to-campus plans and is dropping its planned bump in tuition, as more schools reconsider in-person classes
The University of Pennsylvania is the latest college to roll back its hybrid reopening plan. On Tuesday, it announced a remote fall...
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LEAKED MEMO: Merrill Lynch hit pause on financial adviser trainees contacting potential clients after ‘many’ outreach-related violations (BAC)
Merrill Lynch Wealth Management recently temporarily paused its financial adviser trainees’ abilities to contact potential new clients after there were outreach-related violations. ...
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POWER PLAYERS: Meet 11 American Express execs leading the card giant’s digital payments and small-business lending push
The adoption of digital payments has taken off amid the coronavirus pandemic, as consumers look to avoid cash. American Express, both a...
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Activists pump up Hong Kong media stock 1,000% after its pro-democracy founder was arrested
A Hong Kong media stock rose over 1,000%, as pro-democracy activists piled into the company’s shares in support of its arrested founder,...
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OpenSpace, a startup that applies AI to managing building sites, used this pitch deck to nab $15 million. Here’s a look at its vision to be the telemedicine of construction.
Construction tech startup OpenSpace announced last month that it has raised $15 million in a round led by Menlo Ventures. The round...
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Neighbor, the Andreesen Horowitz-backed ‘Airbnb of storage’, is looking to keep up with the demand for space by partnering with landlords looking to fill empty offices
The Airbnb of self-storage, Neighbor, has seen a surge in demand as a result of the pandemic, according to CEO and cofounder...
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Top NYC office landlord Vornado, which just inked a huge deal with Facebook, is deploying facial-recognition tech across its entire portfolio. Here’s how it works and what happens with the data.
Vornado Realty Trust began installing facial recognition systems in buildings it owns in New York City five years ago. The company, one...
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A visit to Amangani last summer — one of the top luxury resorts in Jackson Hole, Wyoming — quickly showed me why it’s such a hotspot for wealthy travelers
Amangani is a luxury mountain resort in Jackson Hole, Wyoming. It’s part of Aman Resorts, a wellness-oriented global hotel and resort chain...
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Trustate, a new startup launched by an ex-DLA Piper attorney, is looking to disrupt a key part of an ‘inefficient’ $194 billion industry by easing the pain points of estate administration
Leah Del Percio left her job as a trust and estates lawyer at DLA Piper to start her own tech-driven platform. Trustate...