50/FIFTY

Today's stories, rewritten neutrally

FinanceMay 6

FanDuel CEO Amy Howe Departs After Five Years Leading Sportsbook

Amy Howe has left her position as CEO of FanDuel after five years at the helm of the sports betting company.

3 sources
FinanceMar 13

Brazil Eliminates Diesel Taxes, Adds Oil Export Levy Following Price Increases

Brazil has removed taxes on diesel fuel while implementing new levies on oil exports in response to recent price spikes.

4 sources
FinanceMay 12

Three Companies Report Disappointing Quarterly Results, Share Prices Decline

Hims & Hers, Vodafone, and Under Armour all posted weak quarterly earnings, leading to stock price drops across different sectors.

4 sources
FinanceApr 23

French Authorities Investigate Weather Station Tampering Linked to Betting Platform

France launches probe into alleged weather data manipulation after unusual temperature spike at Paris airport coincided with profitable bets on Polymarket.

4 sources
FinanceMar 27

German Corporate Earnings Reports Show Mixed Results

Major German corporations reported varying financial outlooks with some facing challenges while others project growth.

12 sources
FinanceApr 23

Netflix Expands Stock Buyback Program by $25 Billion

Netflix's board approved a $25 billion expansion to its stock repurchase program as shares pulled back following recent earnings.

4 sources
FinanceMay 18

UK Housing Market Shows Mixed Signals as Prices Cut on Third of Properties

UK property sellers reduced asking prices on 32% of homes while homebuilder sentiment improved on increased demand, showing conflicting market trends.

2 sources
FinanceMay 6

BMW Shares Rise After Automaker Maintains 2026 Guidance Despite China, Tariff Challenges

BMW stock gained after the German automaker reaffirmed its 2026 targets and reported better-than-expected profits despite headwinds from China competition and tariffs.

3 sources
FinanceMar 16

Bank of America Settles Lawsuit by Jeffrey Epstein Accusers

Bank of America has reached a settlement agreement with accusers who alleged the bank facilitated Jeffrey Epstein's sex trafficking operations.

5 sources
FinanceJun 6

New CEO Takes Helm of Major US Power Market Amid Grid Reliability Concerns

David Mills, a former Navy helicopter crewman, has been appointed CEO of the nation's largest power market operator.

2 sources
FinanceApr 3

Musk Requires Banks to Buy Grok Subscriptions for SpaceX IPO Advisory Roles

Elon Musk is mandating that Wall Street firms purchase subscriptions to his AI chatbot Grok to participate in advising on SpaceX's potential IPO.

4 sources
FinanceMay 11

Hudson River Trading Reports Record $6.4 Billion Quarterly Revenue

Electronic trading firm Hudson River Trading achieved record quarterly revenue of $6.4 billion in latest financial period.

4 sources
FinanceMay 5

Senator Criticizes Fed Chair Powell as Focus Turns to Jobs Data

Senator Tim Scott criticized Federal Reserve Chair Jerome Powell's continued tenure while economic attention centers on employment trends.

3 sources
FinanceMay 30

Financial Advisors Debate Investment Strategies Amid Market Conditions

Investment professionals are discussing alternative strategies and market outlook as traditional index fund approaches face scrutiny.

2 sources
FinanceMay 17

Real Estate Tax Revenue Reaches Record $39.6 Billion in New York City

New York City's real estate industry generated a record $39.6 billion in tax revenue for fiscal 2025, representing nearly half of all locally generated taxes.

2 sources

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