City Manhattan Financial News
05.05 / 12:17
UPS
Provident
President
2020
Courts
Self-exiled Chinese businessman's chief of staff pleads guilty weeks before trial
The chief of staff of a Chinese businessman sought by the government of China has pleaded guilty to conspiracy charges weeks before her boss goes to trial in New York in a fraud case
04.05 / 06:15
UPS
MET
CEO
ByteDance
TikTok
Schools
Interviews
TikTok's boss goes from reserved tech executive to Met Gala chair
Met Gala serves as a branding event for Vogue, it has long accepted sponsorships from the tech giants that have threatened the very survival of legacy media publications. Amazon founder Jeff Bezos appeared as the ball's honorary chair in 2012. Four years later, when Apple was a Met Gala sponsor, its CEO, Tim Cook, showed up in tux and tails. And Instagram supplied cash in 2022.
01.05 / 05:59
Citi
Actor
Experts
2020
testing
shock
Courts
Harvey Weinstein to return to court Wednesday after his NY rape conviction was overturned
Harvey Weinstein is due back in a New York courtroom on Wednesday for his first appearance since an appeals court last week overturned his 2020 rape conviction and ordered a new trial. The preliminary hearing in Manhattan is expected to include discussion of evidence, scheduling and other matters, according to Weinstein's attorney, Arthur Aidala. Aidala said Weinstein will attend the hearing, despite the 72-year-old having been hospitalised since shortly after his return to the city jail system on Friday from an upstate prison. He has said Weinstein, who has cardiac issues and diabetes, was undergoing unspecified tests due to his health issues.
30.04 / 23:25
Digital
security
Trade
President
Inside
social
Courts
Financial
Trial begins for financial executive in insider trading case tied to taking Trump media firm public
An insider trading trial has begun for a financial executive charged with enabling his boss and others to make millions of dollars illegally on news that an acquisition firm was taking former President Donald Trump's media company public
29.04 / 01:57
Citi
hospital
2020
reports
testing
Department
Courts
Harvey Weinstein hospitalised after New York court overturns rape conviction
movie mogul has been admitted to a Manhattan hospital for various tests upon his return to New York City, as per an AP report. This came after an appeals court decision overturned his 2020 rape conviction. Attorney Arthur Aidala said that Weinstein was taken to Bellevue Hospital in Manhattan on April 26, adding, “They examined him and sent him to Bellevue.
23.04 / 11:25
Hollywood
Actor
Universities
shooting
Inside
Podcasts
Videos
Hollywood actor Alec Baldwin punches anti-Israel protester in coffee shop
Alec Baldwin found himself embroiled in a contentious encounter inside a local coffee shop when he reacted to an anti-Israel protester by knocking her phone away. The incident, captured on video and shared widely online, portrays Baldwin at the counter and engaged in a phone conversation when approached by the protester. The individual, identified as the host of the «anti-fascist» podcast «Crackhead Barney & Friends,» persistently urged Baldwin to publicly endorse «Free Palestine.» Despite her repeated demands, Baldwin remained steadfast and visibly agitated. The footage depicts him trying to guide the protester out of the establishment, firmly holding the door open while shaking his head in refusal to her ongoing chants.
20.04 / 08:52
19.04 / 09:19
Booking
Celebrity
show
stars
reports
Courts
politician
Bad leadership is a national-security threat
Most politics is day by day, and certainly we consume it that way. But the thought that presses on my mind has distant horizons. The criminal trial of Donald Trump, de facto Republican presidential nominee, commenced Monday in Manhattan Criminal Court.
17.04 / 03:15
UPS
President
performer
cover
Courts
Trump’s hush-money trial: The jury’s missing
Polarized times bring new judicial challenges. Consider the difficulty faced by the US judiciary in selecting a jury for one of former president Donald Trump’s many trials, this one for whether he falsified business records to cover up hush money paid in 2016 to a former adult-film performer.
15.04 / 12:53
UPS
Election
President
information
stars
Courts
In a historic first, Trump's criminal hush money trial kicks off in New York
Donald Trump becomes the first former U.S. president to face a criminal trial on Monday in a case involving hush money paid to a porn star that could keep him tied up in court for weeks and complicate his bid to win back the White House. Trump, 77, is required to attend the trial in Manhattan, which is expected to last through May. Jury selection is expected to take about a week, followed by witness testimony.
09.04 / 00:57
markets
Action
Strategy
Southern
crypto regulation
Trade
Courts
Mango Markets Alleged Manipulator To Stand Trial This Week For $110 Million Theft, Used MNGO For Fraud
The long-awaited trial of alleged Mango Markets crypto criminal Avraham Eisenberg got underway as jury selection began in Manhattan federal court Monday. Eisenberg is accused of stealing an estimated $110 million out of the crypto exchange Mango Markets by utilizing their cryptocurrency MNGO for fraud.
06.04 / 04:07
UPS
ETH
Action
coinbase
security
Trade
Courts
Customers
Coinbase to face revived lawsuit by customers
The 2nd U.S. Circuit Court of Appeals in Manhattan said a lower court judge should not have relied on a December 2021 user agreement to find that Coinbase did not hold title to, and was not the seller of, 79 tokens that the customers traded.
05.04 / 18:17
Citi
security
Solomonic
Inside
social
reports
Updates
'I am fine': Empire State Building says after 4.8 magnitude earthquake hits New York
earthquake was reported around 10:23 AM and was centered near Lebanon, New Jersey, or about 45 miles west of New York City. The authorities said that at least 42 million people were affected by the earthquake, but no damages to lives and properties were reported. “The quake's epicenter was in Tewksbury in central New Jersey, about 40 miles (64 kilometers) west of New York City.
04.04 / 20:30
03.04 / 17:49
Platform
security
Trade
President
Inside
social
Courts
Two Florida men plead guilty to insider trading charges related to taking Trump media firm public
Two Florida brothers have pleaded guilty to insider trading charges, admitting they made over $22 million illegally before the 2021 public announcement that an acquisition firm was taking former President Donald Trump's media company public
03.04 / 02:13
UPS
FIVE
Cooper
security
Software
Investigations
Sam Bankman-Fried prosecutor says Gary Wang's cooperation sped up case
FTX founder Sam Bankman-Fried shortly after the cryptocurrency exchange's collapse in part because they secured the cooperation of its chief software engineer, one of the prosecutors said on Tuesday. Speaking five days after Bankman-Fried was sentenced to 25 years in prison, Assistant U.S. Attorney Thane Rehn said former FTX Chief Technology Officer Gary Wang's assistance was key to helping investigators understand how Bankman-Fried stole $8 billion in customer funds.
01.04 / 04:55
markets
Software
Tesla
information
Department
Updates
How green energy makes us vulnerable to cyberattack
China launches an amphibious attack on Taiwan. The U.S. responds with a missile attack to sink Chinese ships.
29.03 / 08:33
FIVE
security
Basketball
country
information
recommendations
Courts
What Sam Bankman-Fried’s long stretch in prison might look like
Inmates can make ceramics or crochet at a federal prison in Lompoc, Calif. At a federal prison in Mendota, a few hours away, inmates can have a harmonica or play basketball on one of five facility courts. Those prisons represent possible landing places for FTX founder Sam Bankman-Fried, who will in coming months report to begin serving his 25-year sentence, imposed Thursday by U.S.
28.03 / 23:13
COST
security
FTX
SBF
Courts
politician
Breaking: Judge Sentences FTX Founder Sam Bankman-Fried to 25 Years in Prison, Fined $11 Billion
Disgraced FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison and an $11.02 billion fine, Judge Lewis A. Kaplan ruled in Manhattan federal courthouse Thursday morning.
28.03 / 19:55
markets
Man
Research
donates
Courts
Bankman-Fried gets 25 years in prison for FTX fraud
FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers, marking the final chapter in a case that has both captivated and overshadowed the crypto industry.
28.03 / 17:55
FIVE
Research
performer
Courts
Sam Bankman-Fried sentenced to 25 years in prison
Bankman-Fried was found guilty on seven counts last November following a highly publicised trial in Manhattan federal court in one of the biggest financial fraud cases in history.Prosecutors had sought a prison sentence of between 40 and 50 years, while Bankman-Fried's lawyer argued for less than five and a quarter years.Before sentencing, US District Judge Lewis Kaplan said: "He knew it was wrong. He knew it was criminal.
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