Itemoids

lcFFec

JPMorgan is suing people that used the TikTok 'infinite money glitch' to steal thousands of dollars

Quartz

qz.com › jpmorgan-chase-fraud-infinite-money-glitch-tiktok-1851683108

JPMorgan Chase (JPM) has begun to file lawsuits against people that withdrew hundreds of thousands of dollars using a so-called “infinite money glitch” that went viral on social media last summer.

Read more...

The Boeing strike is an existential threat, Boeing says

Quartz

qz.com › boeing-stock-sale-prospectus-strike-explainer-1851682751

As it treads water awaiting the end of its machinists’ strike, Boeing (BA) just formally announced Monday that it’s raising $19 billion in a stock offering. And in the prospectus for that share sale, it lays out exactly how immensely the work stoppage looms in its conception of the future.

Read more...

Halloween spending is surging even in the inflation economy. Here's why

Quartz

qz.com › halloween-spending-2024-candy-us-inflation-1851682961

Halloween was once a time of both tricks and treats. Lately, Halloween has become one big treat for businesses, with consumers spending an estimated $11.6 billion on this one-night holiday. That’s roughly the same amount of money as Americans spend on children’s books each year.

Read more...

AbbVie is buying an Alzheimer's drug for more than $1 billion

Quartz

qz.com › abbvie-aliada-alzheimers-drug-1851682658

AbbVie (ABBV) announced Monday that it is buying Aliada Therapeutics for $1.4 billion. The deal includes Aliada’s lead drug candidate ALIA-1758, an experimental antibody being tested for treating Alzheimer’s disease.

Read more...

Robinhood just got on the election betting bandwagon

Quartz

qz.com › trump-harris-contracts-robinhood-1851682691

You can now trade a Kamala Harris or Donald Trump contract on the trading platform Robinhood (HOOD). With just a week remaining before the election, this program, which launched on Monday, enables users to bet on which candidate they believe will win, adding a new way to engage with the political process through the…

Read more...