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Armenian prime minister praises Biden for recognizing Armenian genocide

Armenian Prime Minister Nikol Pashinyan praised President Biden on Saturday for formally recognizing the mass killing of Armenians by Ottoman Turkish forces in 1915 as an act of genocide, saying the move "reaffirms the supremacy of human rights," according to AP.

Why it matters: The unprecedented designation — which has been largely avoided by previous administrations over fears of straining relations with Turkey — and Pashinyan's response come on Armenian Remembrance Day.

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Latest Reddit trader army win: AMC pulls plug on stock sale proposal

Reddit traders drove AMC's stock to meteoric heights. Now they're one reason why the theater chain tabled its latest plan to cash in on that hype.

What's new: AMC said Tuesday it's putting off a vote that could have let the company sell up to 25 million more shares next year.

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