City Albany Financial News

US-Canada bridge in Niagara Falls on Wednesday, November 22, resulting in two people dying and necessitating the closing of four border crossings in the area, authorities said. No preliminary information was available on the cause of the explosion, but it provoked concern on both sides of the border. Canadian Prime Minister Justin Trudeau said officials were "taking this extraordinarily seriously", and the White House said President Joe Biden was "closely following the developments".

Tiger Woods has revealed the lineup for his highly-anticipated Hero World Challenge, set to take place at Albany Golf Club in the Bahamas during the first weekend of December. However, the legendary player Woods is not party of the line up that was revealed recently. Despite, speculations, Woods name was not present in the list.

Prior to his crypto empire’s collapse eleven months ago, disgraced FTX boss Sam Bankman-Fried (SBF) lived on a lavish Bahamas property alongside nine close friends, accomplices, and fellow executives.

Adam Yedidia, Sam Bankman-Fried’s college roommate and an early employee of FTX, continued his testimony on Oct. 5, the second day of former FTX CEO Bankman-Fried’s trial in New York. Yedidia was testifying for the prosecution with immunity.

increased from $7.85 to $8.60. The hike is expected to affect end-consumers, as city gas distribution companies are likely to accordingly raise the prices of compressed natural gas (CNG) as well the piped natural gas (PNG), commonly referred to as the cooking gas.

Bruce Springsteen and the E Street Band’s 2023 tour will be postponed until 2024, citing doctor’s advice.The Boss, who last week celebrated his 74th birthday, is “steadily recovering” from peptic ulcer disease, a press release read. “Out of an abundance of caution,” the remainder of this year’s tour has been pushed to next year.Earlier this month, Springsteen announced that he would be postponing all of his September 2023 dates while he was treated for symptoms related to the disease, which causes ulcers to form in the stomach or small intestine that can cause heartburn, nausea and stomach pain.Those postponed shows included stops in Baltimore, Philadelphia, Albany and Syracuse in New York, Pittsburgh, Washington, and shows in Connecticut and Ohio.The newly postponed shows include shows all across Canada, in Vancouver, Edmonton, Calgary, Winnipeg, Ottawa and Montreal — as well as two dates in Toronto.The Boss’ West Coast run of Phoenix, San Diego, Los Angeles, and San Francisco has also been postponed.Rescheduled concerts will be announced this week and will take place at the original venues.Peptic ulcer disease can be dangerous, leading to bleeding and emergency situations such as perforation of the ulcer through the stomach.

The chief executive officer of a firm hired by New York City to house and care for hundreds of migrants has resigned abruptly

A measure to block discharges of radioactive water into the Hudson River as part of the Indian Point nuclear plant’s decommissioning has been signed into law by New York Gov. Kathy Hochul

A measure to block discharges of radioactive water into the Hudson River as part of the Indian Point nuclear plant’s decommissioning has been signed into law by New York Gov. Kathy Hochul

Little League World Series, a significant event for young baseball players worldwide, is set to take place from August 16 to 27 in Williamsport, Pennsylvania. It will feature 10 U.S. regional champions and 10 international regional winners, totaling 20 teams. The series consists of 38 games scheduled over a 12-day period, concluding with the championship game on August 27. Viewers can watch the games live on ESPN, ESPN2, or ABC. The tournament will run every day from August 16 to 27, except August 25, which is a designated off-day for the teams. Streaming options include Sling TV via subscription and FuboTV with a free trial. Additionally, games can be accessed on ESPN+ but require a cable login.

Brain activity of people listening to Pink Floyd's 'Another Brick in the Wall' was used to reconstruct the classic rock number, scientists report in a new study. The reconstruction reveals that brain waves can be recorded and processed to bring out musical elements of the speech heard, such as rhythm, stress, accent and intonation, along with the syllables, the study from the University of California (UC), Berkeley, US, said. These musical elements are known to convey meaning in ways that spoken words alone do not. The phrase «All in all it was just a brick in the wall» could be recognised in the reproduced song, with its rhythms intact and the words muddy yet decipherable, the researchers report in the study published in the journal PLoS Biology. The listeners were 29 patients undergoing epilepsy surgery at Albany Medical Center, New York, US, over a decade ago. Neuroscientists at the centre recorded electrical activity through electrodes placed on the patients' brains as they heard an approximately 3-minute segment of the classic Pink Floyd song from the 1979 album The Wall. «As this whole field of brain machine interfaces progresses, this gives you a way to add musicality to future brain implants for people who need it, someone who's got some disabling neurological or developmental disorder compromising speech output.

Sam Bankman-Fried, the indicted founder of bankrupt cryptocurrency exchange FTX, needs access to medications to treat depression and attention deficit hyperactive disorder (ADHD) while jailed ahead of his fraud trial, his lawyers said on Monday. In a letter, Bankman-Fried's lawyers asked US District Judge Lewis Kaplan to order the Metropolitan Detention Center (MDC) in Brooklyn to ensure their client has a daily Emsam skin patch for depression and three or four doses a day of Adderall for ADHD.

A freight train has derailed in upstate New York, disrupting Amtrak service and prompting authorities to close roads in the area

A freight train has derailed in upstate New York, disrupting Amtrak service and prompting authorities to close roads in the area

In a recent opinion piece, Bloomberg columnist Matt Levine delves into the extravagant spending habits of cryptocurrency exchange FTX, shedding light on the allure of celebrity endorsements and influential connections within the crypto industry.

Disgraced crypto boss Sam Bankman-Fried had shot a tutorial video on cryptocurrency for MasterClass, a platform that offers courses taught by celebrity experts. 

Now-defunct cryptocurrency exchange FTX has sued a former aide for Hilary Clinton and the former aide's investment firm, K5 Global, to retrieve $700 million in funds. 

FTX has filed a lawsuit in the United States Bankruptcy Court for the District of Delaware against some of the investment firms it had ties to before its collapse. The suit, filed June 22, contained 16 counts and seeks over $700 million from the defendants.

FTX’s Bahamian company spent a staggering amount of money on luxury hotels and accommodation, flights, and food just nine months before the exchange’s collapse, court filings revealed. 

The collapse of FTX has left an estimated 1 million creditors facing losses.