Roblox stock logs worst day ever as kids put down their devices

Roblox Corp. shares plummeted Wednesday for their worst day since going public, as more “once-stuck inside kids” are going outside and making it harder for the social-gaming platform to make money. Roblox RBLX, -26.51% shares cratered Wednesday to close down 26.5% at $ 53.87, the stock’s worst one-day performance day since Roblox began trading as … Read more

Biden administration sues Missouri over controversial gun-rights bills

The Biden administration is suing Missouri over its controversial gun-rights bills passed last year, which would allow citizens to sue state or federal agencies for $ 50,000 if they prove their Second Amendment rights were violated. Attorney General Merrick B. Garland announced the lawsuit Wednesday, saying House Bill 85 violates the “Supremacy Clause, is preempted … Read more

New York’s Chief Judge Wants to Consolidate the Court Network

For decades, governors and lawmakers have unsuccessfully tried to overhaul New York’s antiquated and fragmented court system, considered among the most complex to navigate in the country. A family, for example, might have to appear in State Supreme Court for divorce proceedings, in Family Court for related custody issues and in Criminal Court if domestic … Read more

Prince Andrew attempted to ‘push’ Charles out of succession to be ‘regent’ | Royal | News

Prince Andrew, 61, tried to position himself as Prince William’s regent in order to push Prince Charles out of the line of succession, a royal author has claimed. The Duke of York’s actions were reportedly down to the public’s distrust in Charles following his affair with Camilla. The List reported: “In 1997, Andrew reportedly proposed … Read more

Hasbro activist wants toy company to spin-off Wizards of the Coast

An activist investor wants to add new members to Hasbro’s board and is urging the toy company to make changes to its current business strategy, including spinning off its lucrative Wizards of the Coast unit, according to a report by the Wall Street Journal. Alta Fox Capital Management, which owns a 2.5% stake worth around … Read more

The John Curtin Hotel is a home for Melbourne’s musicians, activists and unionists. Shutting it down is a loss for our cultural heritage

News the prominent live music venue The John Curtin Hotel is up for sale, with the current lease expiring at the end of this year, has been met with grief and outrage by the Melbourne music community. In their announcement on social media, the long-term leaseholders of this much-loved venue said the building had been … Read more

Eric Adams rolls out $ 98.5B NYC budget for fiscal 2023

Mayor Eric Adams on Wednesday unveiled his $ 98.5 billion preliminary budget for fiscal 2023 – which includes a slight shrinkage of already massive city spending by $ 200 million that he claimed will result in more than $ 2 billion in savings. During a speech from City Hall, Adams decried “decades of inefficiency and … Read more

Omicron Reveals Hong Kong’s Covid Dilemma

HONG KONG – The scenes were straight out of China’s coronavirus playbook. Armies of workers, deployed to lock down residents. Plans to erect a massive makeshift hospital. And on Wednesday, a command from Xi Jinping, the country’s top leader, plastered across local front pages: “Make controlling the epidemic as soon as possible an overwhelming priority.” … Read more