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Investing Playbook

After subway killing, NYC business community calls for more political action

Partnership for New York City president and CEO Kathryn Wylde says Mayor Eric Adams, Gov. Kathy Hocul, NYPD and MTA leadership need public support for stronger measures ranging from "prosecution of fare evasion to ankle bracelets for felons awaiting trial to institutionalization of the seriously mentally ill."

FTX CEO Samuel Bankman-Fried takes 7.6% stake in Robinhood

The FTX CEO currently has no plans of changing or influencing the control of Robinhood, but could potentially enhance its stockholder value through "various strategic alternatives or operational or management initiatives" or acquiring additional shares.