Day traders wreak havoc on hedge fund bets, Wall Street crashes, BlackRock’s progress in sustainability

The Biden government says it is “monitoring the situation” as the shares of companies like GameStop, AMC and BlackBerry soared in Wednesday’s talks. Meanwhile, the big Wall Street indices fell after Federal Reserve Chairman Jay Powell described a weakening recovery in the U.S. economy, and China’s Covid-19 vaccine makers are having no trouble meeting demand. In addition, FT investment correspondent Attracta Mooney has been following BlackRock’s sustainability efforts and reporting on how the world’s largest asset manager is delivering on its promises.

Short squeeze spreads as day traders look for the next GameStop

https://www.ft.com/content/acc1dbfe-80a4-4b63-90dd-05f27f21ceb2

Wall Street records its worst day since October

https://www.ft.com/content/570f7453-fb9b-4c73-845e-a33178f4942e

Lex Letter from Seoul: vaccines from China and efficacy rates

https://www.ft.com/content/768f7e3a-0a10-47a5-9f0d-ea1927ebb4ec

BlackRock’s sustainability bulletin, a year after Fink’s annual letter

https://www.ft.com/content/d7e83ba0-c90b-46c0-9233-ad06187606c1

Walmart uses deposits with robot team to handle online orders

https://www.ft.com/content/1b1b11c8-200c-4f7c-a431-6460f90bb95d?


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