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Roblox shares slide after Hindenburg says platform ‘lying to investors’

Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young children was inflating metrics such as user numbers and engagement. Roblox stock fell as much as 9% after short sellers claimed the company was confusing daily active users (DAUs) with the number of platform visitors. The stock […]

NYC’s Airbnb crackdown has sparked an underground market for home shares

A year-long crackdown on Airbnb in New York City has led to an explosion in the underground market for apartment rentals. And a handful of nifty startups are attracting big-name investors in hopes of snapping up properties that comply with the city's new rules. last fall, The New York City Council imposed Local Law No. […]

Curtis Sliwa shares details in attack on ex-NY Gov. David Paterson’s stepson

Guardian Angels founder Curtis Sliwa told the Post that former Gov. Paterson and his son-in-law “had no choice but to defend themselves” after being attacked by a group of thugs on the Upper East Side. told. Ms Patterson was out for a walk with her son-in-law Anthony Sliwa when she encountered a group of teenagers […]

Spirit Airlines shares sink on report of potential bankruptcy filing

Chris Dane, president and managing partner of Hickory Global Partners, joins “Making Money with Charles Payne” to discuss airline stocks as summer travel heats up. Spirit Airlines' stock price fell sharply on Friday after the Wall Street Journal reported that the ultra-low-cost airline was in talks with creditors and creditors about potentially filing for bankruptcy. […]