Whistleblower News: Trading Apps, Public Companies And Bitcoin, Illegal Covid Fee
Are share-trading apps a safe way to play the markets?
THE GUARDIAN
A year ago shares in struggling US video game store GameStop were worth just $3.25 a pop, yet at the end of last month they had reached $482. This stupendous surge was created by thousands of armchair traders, organising themselves on internet forums such as Reddit, who were attempting to outwit hedge funds who had placed massive bets on the chain’s decline in a process known as short-selling. read more »
7 public companies with exposure to bitcoin
YAHOO FINANCE
Tesla (TSLA) said it invested $1.5 billion in bitcoin (BTC) and will allow customers to buy cars using the digital asset. read more »
Companies are charging hidden ‘covid fees’ to make up for lost profits. They may be illegal
WASHINGTON POST
Nearly a year into the pandemic’s gutting of the economy, businesses across the country are increasingly charging coronavirus-related fees, ranging from a $5 disinfection charge in a hair salon to $1,200 for extra food and cleaning in a senior living center, which are often undisclosed until the customer gets a bill. read more »