Draftkings shares fall as short-seller Hindenburg bets against firm

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Draftkings shares fall as short-seller Hindenburg bets against firm

“This report is written by someone who is short on Draftkings stock with an incentive to drive down the share price,” said Draftkings, the official betting operator of golf tour organizer PGA Tour and Ultimate Fighting Championship (UFC).
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Tinhorn Flats gets evicted from Burbank property after repeatedly defying COVID-19 restrictions

According to a press release from the City of Burbank, the Los Angeles County Sheriff’s Department turned over possession of Tinhorn Flats’ building to the property owner, Isabelle Lepejian, as “the last step in the eviction process she initiated” against the …
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Platinum Equity To Buy McGraw Hill For $4.5 billion

Platinum Equity, a Beverly Hills-based private equity firm, has agreed to buy educational publisher McGraw Hill from affiliates of Apollo Global Management Inc. for $4.5 billion. Founded in 1888, McGraw Hill is among the largest educational publishers in the …
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MacKenzie Scott Gives Away Another $2.74 Billion Even as Her Wealth Grows

Ms. Scott made a new round of grants, to 286 organizations. Her net worth, which Forbes estimates at $60 billion, keeps rising, thanks to Amazon stock.
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Girl Scouts Stuck With Over 15 Million Boxes of Unsold Cookies

The Girl Scouts faced two major problems during the last year: diminished membership and a pandemic that made in-person cookie selling a risky proposition.
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