Here’s your quick roundup of business and tech news to know for the week ahead. (Feb. 14-20)A Costly Mix-upCitigroup made an embarrassing mistake last summer and accidentally wired $900 million to a group of lenders instead of a much smaller interest payment it intended to send. Citigroup has been trying to reclaim the money, which it sent on behalf of the beauty company Revlon, ever since. But last week, a judge ruled that the lenders could keep it all. Mr. Tenev explained — again — that the GameStop trades were stopped because of new requirements from the clearinghouses that perform them.
Source: New York Times February 21, 2021 12:00 UTC