We start with an Epic Battle Raging On Wall Street that has seen small time Amateur Investors take on the titans of the hedge fund industry. Its all centred around this company the struggling us computer Game Retailer gamestop. It shares have soared at much as 1700 after a group of private investors used online forums to drive up their price. And that has raised serious questions about how Financial Markets operate in the era of social media, as paul hawkins reports. This is a story of david versus goliath, of the amateur online investor beating the Big Traditional Wall Street traders. At the centre of it, gamestop, a struggling American Retailer Selling dvds and video games. A number of the Wall Street Traders picked up on its problems and bet money that its share price would fall, known in the business as shorting a stock. Only for this particular stock, Amateur Investors swapping tips on the social media site reddit saw it as an opportunity. They bought shares, which actually drove
Heres stav da naos. Good afternoon. What a wet night it was for some others, Standing Water and localised flooding in places. The rain will be easing, snow in the north petering out, leaving a legacy of patchy, light rain and cloud. Some areas quite cloudy but sunny spells breaking out, like for the east, southeast quadrant, the southwest and northern scotland. Not as mild in the south as yesterday, a colder day for scotland, Northern Ireland and the far north of england. This cold air drifts overnight, showers for North East Scotland and north east england. This new area of rain pushing from the south west will bring persistent downpours, maybe localised flooding, increasingly turning to snow as it bumps into the cold air. Milder across the South West Verses across the north. This weekend, turning colder, we will see some rain, sleet and snow. Cold air across the north of the uk for the last few days will push southwards, we will have a low pressure pushing from the south west, like i
Lockdown in wales will last for three more weeks at least but children could return to schools there after the february half term. Around 300,000 people are expected to leave hong kong for britain using a new visa route which opens on sunday. Investors respond with outrage after Trading Platforms halt the buying of shares in the us games firm gamestop and other companies. It follows days of frenzied trading that led to a massive increase in its value. Hello and welcome if youre watching in the uk or around the world. A new Coronavirus Vaccine has been shown to be 89. 3 effective in large scale uk trials. The novavax jab is the first to show it is effective against both the uk and South African Variants of the virus. As you can see from this graph, the uk has secured 60 million doses of the jab, which will be made in stockton on tees. The doses are expected to be delivered in the second half of this year if approved for use by regulator. Meanwhile, the European Medicines Agency will mee
Burner as the Biden Administration and Senate Democrats push forward on a cody relief bill that some lawmakers and even leftleaning economists say could actually hurt the economy in the long run. President biden saying today its an easy choice, pointing to the latest jobs numbers as proof there is no time to waste. This as he met with 10 republican senators earlier this week who proposed a Counter Offer to his nearly 2 trillion plan. White house correspondent Kristin Fisher has been following it all. She joins us live from the north lawn from the white house with the latest. Good evening, kristin. Good evening, bret. The week started with President Biden meeting with republican senators and hoping to cut a deal. But it is ending with the president giving his strongest signal yet that he intends to move forward with his relief plan without republican support. Im going to act. Im going to act fast. In his most fiery defense of his 1. 9 trilliondollar relief plan, President Biden made it
Rules in canada for several weeks now. Traveling across the country before arriving in the Capitol Of Ottawa last week. Crowdfunding site gofundme is facing criticism after it shut down the Fundraising Page yesterday. The company said it made the decision based on Law Enforcement reports that the convoy had become violent and unlawful. And says it will refund the millions of Dollars Worth of donations. Brian is alive in our New York City newsroom with more on this and growing controversy, brian big. I need a good evening. Police in ottawa have had enough of the socalled freedom convoy of canadian truckers. Audible Police Declared the protests and unlawful occupation that was quote increasingly volatile and dangerous. Reportedly there have been numerous harassment complaints by residents including a Class Action Lawsuit filed against the truckers and the blaring of their horn. As a result go finally pulled the plug on the convoy Fundraising Page was raised over 10 million Canadian Dolla