Robinhood targets July 29 debut as a public company
CNN
Robinhood is planning to make its big debut as a public company next week.
The trading app is expected to start trading on the Nasdaq Stock Market on July 29, a person familiar with the matter told CNN Business. The timing of the debut could still change, the person cautioned. Robinhood is aiming to raise up to $2.3 billion in an initial public offering that could value the controversial company at $35 billion. That means the IPO could make Robinhood more valuable than about two-thirds of the companies in the S&P 500.
Tulsi Gabbard, Donald Trump’s pick to lead the intelligence community, was briefly placed on a Transportation Security Administration list that prompts additional security screening before flights after her overseas travel patterns and foreign connections triggered a government algorithm earlier this year, three sources familiar with the matter told CNN.
The Supreme Court agreed Friday to wade into a fight over Congress’ ability to delegate power to federal agencies — opening the next chapter in a decadeslong effort by conservatives and business interests to reduce the power of the federal government.
At least three professional sports leagues warned their teams this week that organized and skilled groups are targeting the homes of athletes for break-ins, including while the players are away at games. The warnings came after reports of burglaries at the homes of players in the NBA and the NFL.
The Nicaraguan parliament, dominated by the ruling Sandinista Front, on Friday approved a constitutional reform that hands more power to President Daniel Ortega as well as the Central American nation’s police and military.
A Norwegian man working as a security guard for the US Embassy in Oslo was arrested this week on allegations of spying for Russia and Iran.
Gorilla at Calgary Zoo died after worker mistakenly activated wrong door, zoo officials say
President-elect Donald Trump is expected to offer Kelly Loeffler the job as of secretary of the Department of Agriculture, two people familiar with the matter told CNN.
Former Florida Rep. Matt Gaetz, who withdrew from consideration as President-elect Donald Trump’s pick for attorney general on Thursday, said Friday he will not be returning to Congress next year.
Republican Dave McCormick will defeat Pennsylvania Sen. Bob Casey, CNN projects, boosting the GOP majority in the Senate next year.
The judge overseeing Donald Trump’s criminal hush money trial has adjourned his sentencing which was set for next week.
In the aftermath of the 2024 elections, Democrats are less optimistic about their party’s future than they’ve been at any point in the past eight years, according to new Pew Research Center polling released Friday.