Live news updates: GM profits fall less than expected as chip supplies improve

Financial

© AP Robinhood Markets announced it would sack 9 per cent of its full-time employees to reduce the number of “duplicate” jobs at the retail brokerage.Just two days ahead of the release of its first-quarter results, chief executive Vlad Tenev announced the lay-offs, saying the company’s “period of hyper growth” in 2020 and the first…

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