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Business

Fed suspends share buybacks and limits dividends for big banks after stress test results

https://markets.businessinsider.com/news/stocks/fed-suspends-share-buybacks-and-limits-dividends-for-big-banks-after-stress-test-results-1029344110

Wirecard has filed for insolvency after a devastating scandal that saw $2 billion go missing and its ex-CEO get arrested

https://markets.businessinsider.com/news/stocks/wirecard-files-insolvency-missing-billions-ex-ceo-arrest-2020-6-1029340987

Oil plummets 8% on 2-pronged threat from COVID resurgence and inventory increase

https://markets.businessinsider.com/commodities/news/oil-price-wti-brent-crude-inventory-increase-coronavirus-cases-api-2020-6-1029339272

Heres how Wirecard went from analyst darling to a $2.2 billion accounting scandal — and cost SoftBank hundreds of millions in the process

https://markets.businessinsider.com/news/stocks/wirecard-timeline-what-you-need-to-know-2bn-fintech-scandal-2020-6-1029337346
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Their money couldnt buy a movement: Alexandria Ocasio-Cortez taunts Wall Street after triumphing over her billionaire-backed primary opponent

https://markets.businessinsider.com/news/stocks/money-couldnt-buy-movement-aoc-taunts-wall-street-primary-win-2020-6-1029336677

Its not healthy to have people buying stocks for fun: Billionaire investor Howard Marks warns the day-trading boom reminds him of the dot-com bubble

https://markets.businessinsider.com/news/stocks/billionaire-investor-howard-marks-warns-day-trading-fun-not-healthy-2020-6-1029336975

‘Elizabeth Warren is right’: Activist investor Jeff Ubben quits his $16 billion hedge fund to launch an ESG firm, citing companies that ‘aren’t working...

https://markets.businessinsider.com/news/stocks/jeff-ubben-leaves-valueact-new-esg-hedge-fund-impact-investing-2020-6-1029335427

Day trading for fun is a losing proposition, Princeton economist and author Burton Malkiel warns

https://markets.businessinsider.com/news/stocks/day-trading-fun-losing-proposition-princeton-economist-author-burton-malkiel-2020-6-1029332830
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Former Wirecard CEO Markus Braun has been arrested in Germany, days after the company reported that $2.2 billion was missing

https://markets.businessinsider.com/news/stocks/wirecard-ex-ceo-markus-braun-arrested-2020-6-1029332580

Wirecard stock plummets 37% after the payments firm says $2 billion in missing cash likely doesnt exist

https://markets.businessinsider.com/news/stocks/wirecard-stock-plunges-payments-firm-missing-cash-does-not-exist-2020-6-1029328759

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