City Boston Financial News
14.11 / 00:09
UPS
Citi
CEO
Gillette
Bill
President
Traffic
Massachusetts lawmakers to consider a soccer stadium for the New England Revolution
Massachusetts lawmakers are planning to vote this week on a bill that would pave the way for the construction of a new soccer stadium for the New England Revolution in Everett
13.11 / 09:41
Platform
Action
Fighting
country
information
Investigations
Classified-documents leaker Jack Teixeira is sentenced to 15 years in prison
Subscribe to enjoy similar stories. Jack Teixeira, a former Massachusetts Air National Guardsman, was sentenced Tuesday to 15 years in prison over an extraordinary leak of highly classified intelligence documents that sent the U.S. government rushing to protect its secrets.
07.11 / 10:13
UPS
Cycling
stars
travelers
Sporting
Meet India's marathon men who completed a unique Grand Slam
Subscribe to enjoy similar stories. When Bharatkumar Jain first decided to do the marathon equivalent of a Grand Slam—the top six of the world’s marathons—he wasn’t chasing a record. He had already registered for three, so he figured he could just attempt the rest and check them off his list.
05.11 / 08:37
UPS
Continental
wellness
Trade
Universities
country
Relationships
China’s relationship with Africa is growing murkier
Subscribe to enjoy similar stories. It has been the highlight of most African leaders’ diplomatic calendar for nearly a quarter of a century. Ever since the inaugural Forum on China-Africa Co-operation (FOCAC) in Beijing in 2000, the triennial shindig has been treated as a barometer by analysts seeking clues about the evolving state of relations between Africa and its biggest trading partner.
02.11 / 12:03
UPS
Citi
pandemic
Trade
Justice
Department
Courts
Lyft pays $2.1 million to settle case alleging the ride-hailing service deceived drivers
Lyft is paying $2.1 million to settle a lawsuit accusing the ride-hailing service of exaggerating how much money drivers could make while the company was trying to recover from a steep downturn in demand during the pandemic
29.10 / 20:03
markets
Digital
security
Strategy
show
stars
Videos
The Sticky: Amazon Prime Video new show’s release date, production team, plot, trailer and cast
Amazon Prime Video has released the trailer for The Sticky, a dark comedy series starring Margo Martindale. The show centers around a fictional maple syrup heist, blending humor with crime in a series inspired by real-life events.
28.10 / 20:15
FIVE
country
reports
guidelines
Courts
rights
Investigations
A pizza shop owner is sentenced to 8.5 years in prison for threatening workers with deportation
The owner of two Boston-area pizza shops convicted of forced labor for using physical violence and threats of reprisal or deportation against employees living in the country illegally has been sentenced to more than eight years in prison
27.10 / 10:25
markets
UPS
Digital
Tesla
Boxing
poverty
testing
Musk’s humanoid robots are here but they won’t help around the house
Subscribe to enjoy similar stories. Optimus, the humanoid robot that Elon Musk claims will do household chores and cure poverty, was a hit at Tesla’s recent product launch. While many Musk fans came for the main event—the reveal of the company’s much-hyped robotaxi—some in the crowd appeared more impressed with faceless black-and-white robots that danced, served drinks and interacted with human attendees.
23.10 / 21:43
Food
wellness
hospital
outbreak
reports
prevention
Investigations
A look at food-related illnesses at restaurants over the years
Outbreaks of foodborne illnesses are pretty rare for well known restaurant chains, but they do happen
23.10 / 12:23
markets
UPS
Digital
Tesla
Boxing
poverty
testing
Elon Musk’s humanoid robots are coming — But they won’t mow your lawn
Optimus, the humanoid robot that Elon Musk claims will do household chores and cure poverty, was a hit at Tesla Inc.’s recent product launch. While many Musk fans came for the main event — the reveal of the company’s much-hyped robotaxi — some in the crowd appeared more impressed with the faceless, black-and-white robots that danced, served drinks and interacted with human attendees. The movements of these bipedal robots were incredibly dexterous. It seemed almost too good to be true. And as the world later found out, it was: Tesla’s people were helping control the robot remotely behind the scenes. Musk’s robot is likely many years away from becoming a marketable household product. But multiple companies are testing human-form robots in warehouses and on factory floors, structured settings where the technology has a much better chance of succeeding in the near term. Humanoid robots being developed by Agility Robotics, Neura Robotics, Boston Dynamics, Apptronik, Reflex Robotics and others are more capable with each new version.
23.10 / 10:27
markets
UPS
FIVE
trends
innovations
reports
Watch out; Wall Street is finding new ways to slice and dice loans
Subscribe to enjoy similar stories. Wall Street is cranking up its complex bond machine again. Goldman Sachs this month sold $475 million of public asset-backed securitization, or ABS, bonds backed by loans the bank makes to fund managers that tide them over until cash from investors comes in.
21.10 / 06:19
markets
Target
Platform
Strategy
trends
audience
social
Gen Z: Brands chase 37.7 crore Indians for the $1.4 trillion money they may spend
Gen Z population, currently estimated at 37.7 crore, is reshaping the country’s consumer landscape. As more of them join the workforce, brands are scrambling to cater to this new, influential demographic that is expected to drive a substantial portion of India’s consumer spending. According to a joint report by Boston Consulting Group (BCG) and Snap Inc., Gen Z already influences a staggering 43% of household consumption, contributing $860 billion to the economy, of which $200 billion comes directly from their own earnings. Also Read: India’s ‘swipe-up’ generation set to swipe right on festive deals The report further estimates that by 2030, around 36% of India’s Gen Z will be part of the workforce, driving an impressive $730 billion in direct spending and a total of $1.4 trillion when including influenced spends. These figures make it clear why brands are working to position themselves as Gen Z favorites, as this cohort is expected to shape the future of consumer behavior in India.
19.10 / 11:57
Manufacturing
Sustainability
President
Universities
PAM
innovations
Abhyuday Jindal to helm Indian Chamber of Commerce
Abhyuday Jindal has been named president of Indian Chamber of Commerce (ICC) an industry body founded in 1925, that has its headquarters in Kolkata, as per a press release. Jindal who graduated from Boston University with a degree in Economics and Business Management is the managing director of Jindal Stainless, a stainless steel manufacturer with annual turnover of Rs. 38,000 crore. “It is my vision to strengthen ICC’s role as a catalyst for economic growth and innovation. Drawing from my experience across sectors, I aim to promote sustainable business practices, foster inclusive growth, and advocate for policies that empower Indian industries globally”, said Abhyuday Jindal.
19.10 / 00:01
Target
Digital
Ripple
security
Align
Bill
Bitcoin
Senator Elizabeth Warren Targets John Deaton’s Crypto Ties in Final Debate Pre-Election
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
18.10 / 10:39
UPS
Citi
Metro
country
reports
Department
Where was inflation the highest in September? Boston and Chicago ranked near the top
Kudlow panelists Kevin Hassett and David Malpass discuss former President Trumps pro-growth economic package.
15.10 / 19:15
markets
Digital
security
Strategy
trends
Celebrity
reports
Gen Z spending power set to hit $2 tn by 2035: Snap-BCG report
Subscribe to enjoy similar stories. MUMBAI: India's Generation Z of 377 million people is rapidly redefining the consumer landscape with its growing economic power, a new report said. Snap Inc.’s latest report on people between born between 1997 and 2012, developed in partnership with Boston Consulting Group (BCG), said the category currently drives $860 billion in consumer spending—and this is projected to reach a staggering $2 trillion by 2035.
10.10 / 18:35
markets
FIVE
Trade
Courts
Interviews
U.S. charges 4 crypto companies, 14 individuals with fraud
Four cryptocurrency companies and 14 individuals have been charged in what U.S. prosecutors on Wednesday called the first criminal prosecution of financial services firms for market manipulation and sham trading in the crypto sector.
04.10 / 14:23
markets
Provident
BLOCK
Manufacturing
Justice
Courts
Supreme Court will weigh Mexico's $10 billion lawsuit against U.S. gun makers
The Supreme Court said Friday it will decide whether to block a $10 billion lawsuit Mexico filed against leading U.S. gun manufacturers over allegations their commercial practices have helped caused much bloodshed there
03.10 / 16:43
markets
Citi
ADP
show
reports
Department
Private sector job growth rose to 143,000 in September, beating expectations: ADP
HR and payroll company ADP ranked cities across the country. The rankings were based on three things that make a strong labor market: annual pay growth, new hire wages and the hiring rate.
01.10 / 17:31
markets
Election
Immunic
President
Experts
patient
Schools
Jimmy Carter, ex-U.S President who turned 100, survived brain cancer for 9 years; here's how he did it
Jimmy Carter discussed his cancer diagnosis and treatment during a press conference held nine years ago at the Carter Center in Atlanta. Jimmy Carter, who was 91 years old at the time, gave an explanation of how a severe cold in May of the previous year prompted a complete physical, which in early August of 2015 revealed the presence of melanoma, a very serious form of skin cancer. During his liver surgery earlier that month, medical professionals found four areas on his brain where the cancer had metastasized. He would have had roughly six months to live if his diagnosis had been made a few years earlier. Rather, the former president commemorates his 100th birthday on Tuesday.
01.10 / 09:13
BLOCK
Sustainability
Food
Research
Universities
Diversity
rights
Cutting food waste would lower emissions, but so far only one state has done it
A study out in Science this month finds that states' attempts to cut the amount of food waste going into landfills are rarely succeeding
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