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American Airlines spikes 31% as Reddit traders direct their attention towards another heavily shorted stock
Joe Raedle/Getty Images American Airlines soared as much as 31% on Thursday as traders that frequent Reddit’s WallStreetBets forum sparked short squeezes in a growing list of stocks this week. “AAL the next GME?” one Reddit user asked in a post on Wednesday. After successfully squeezing hedge fund managers out of …
Las Vegas breaking news for Jan. 28, 2021
LAS VEGAS (KTNV) — The following is a roundup of breaking news from around the Las Vegas valley. 7 A.M.A crash on US-95 NB at Russell Road has the freeway closed, according to the Nevada Department of Transportation. Drivers were advised to use alternative routes. 06:58 am, Update: Crash on US-95 NB at Russell, Freeway …
COVID-19: Six Britons among 89 foreigners fined for breaking coronavirus rules at Thai party | World News
Dozens of foreigners who violated coronavirus regulations by attending a party at a bar on an island in Thailand have received fines and a suspended jail sentence. Police raided the Three Sixty Bar on Koh Phangan on Tuesday night where they arrested 89 foreigners, including six British people. Twenty-two Thais, including the bar’s owner and …
Release man accused in Daniel Pearl’s death
ISLAMABAD (AP) — Pakistan’s Supreme Court ordered the release Thursday of a Pakistani-British man convicted and later acquitted in the beheading of American journalist Daniel Pearl in 2002. The court also dismissed an appeal of Ahmad Saeed Omar Sheikh’s acquittal by Pearl’s family and the Pakistani government. It wasn’t immediately clear whether Sheikh would be …
Water main break floods homes, cars in Long Island City, Queens
NEW YORK CITY (WABC) — A water main break is flooding cars and homes in Queens. The main broke just after 4 a.m. Thursday on Vernon Boulevard in Long Island City. The break flooded a 2-block long section of the boulevard, from 41st Avenue to 43rd Avenue, with water and sewage. One vehicle driving on …
Ask Amy: Judgy, gossipy family member would like to break the cycle
Dear Amy: I come from a very judgmental family, and I’m wondering how to break the awful habits I learned. Growing up, we’d often be driving home from family events and my parents would badmouth the relatives we had just seen. This affected me, even if their criticism was sometimes justified. As adults, my boyfriend …
Reddit sent AMC and GameStop stock to the moon. Why, and what happens now
GameStop and AMC stock has spiked in recent days. Here’s what’s going on. Sarah Tew/CNET Over the past few months, a bunch of Reddit users have worked to push up the value of shares for video game retailer GameStop, despite Wall Street investors betting the company will fail. So far, they’ve won, pushing the stock up more than …
Local leaders look back on record-breaking 2020 for Rockford housing market
ROCKFORD (WREX) — The Rockford housing market had one of its best years on record in 2020. According to Rockford Area Realtors, 5,236 properties were sold during the year. It was the first time since 2007 more than 5,000 were sold. The average sales price was $151,714, the highest average ever. 684 homes were available …
In the Republican Party, the post-Trump era lasted a week
While pundits ponder the GOP’s future — and traditionalists hope to change course out of the wreckage left by Trump’s insurrection — Washington’s power players and state activists have already made their choice. But it will also pose a fundamental question for the Grand Old Party itself. Is yet another doubling down on grassroots fury …