City New York Financial News
08.11 / 01:17
FIVE
CEO
show
country
rock
WeWork, a firm once valued at close to US$50B, seeks bankruptcy protection
WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world.
07.11 / 21:31
Citi
Provident
President
International
acquires
Hub International acquires retirement consulting firm
Hub International Limited, the Chicago-based insurance brokerage and financial services firm, has purchased the assets of Renaissance Benefit Advisors Group, a retirement plan consulting firm that focuses on helping plan sponsors meet their fiduciary responsibilities, the company announced Monday.
07.11 / 20:35
Citi
Provident
Netflix
Adventure
film
audience
stars
Rebel Moon to grace 70mm theaters in selected cities ahead of Netflix release — When and where to watch
Netflix's much-anticipated sci-fi epic, 'Rebel Moon — Part One: A Child of Fire,' is set for a streaming release, marking a significant moment for filmmaker Zack Snyder and fans. However, it has now been revealed that this space-faring adventure will also grace the big screen in a special format. The streaming giant has decided to treat fans to a short theatrical run of 70mm screenings in select locations. 'Rebel Moon' will captivate audiences in four cities during a one-week limited engagement, just before its Netflix debut.
07.11 / 13:39
Adoption
Bitcoin
Senator Ted Cruz Now Accepts Campaign Donations in Bitcoin
Senator Ted Cruz (R-TX) has revealed his decision to accept Bitcoin ( BTC) as part of his campaign fundraising efforts.
07.11 / 07:57
Citi
Provident
SEC
CEO
PepsiCo
2020
reports
valuation
ETtech Explained: WeWork's downfall from $47 billion valuation to bankruptcy
WeWork filed for Chapter 11 bankruptcy protection in the United States on Monday, as part of what it described as a «comprehensive reorganization» of its business. The startup, which was once worth about $47 billion, had started sending distress signals months in advance.
07.11 / 06:59
CEO
pandemic
Experts
country
rock
fall
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world
07.11 / 00:57
06.11 / 19:44
06.11 / 16:37
06.11 / 16:37
CEO
rock
reports
WeWork stock halted as rumors swirl about bankruptcy preparations for the office sharing company
Trading in shares of WeWork has been halted as rumors swirl that the office sharing company, once valued as high as $47 billion, will seek bankruptcy protection
06.11 / 16:37
06.11 / 16:11
06.11 / 16:11
06.11 / 16:11
06.11 / 16:11
06.11 / 15:41
06.11 / 12:01
06.11 / 05:17
FIVE
Progressive
Remark
Nov
President
2020
2024
Donald Trump heading for a sweep in 2024 U.S Presidential elections against Joe Biden? Here's what polls say
The New York Times andSiena College paints a challenging picture for President Joe Biden. The polls reveal that in five out of six crucial battleground states, the president is trailing his likely Republican opponent, former President Donald Trump. This downward trend in public opinion can be attributed to widespread dissatisfaction with Biden's economic policies, concerns about his age, and doubts about his ability to govern.
06.11 / 02:43
President
Experts
consequences
reports
stake
Donald Trump to testify in civil fraud trial today as business empire lies at stake
Donald Trump is expected to take the stand on Monday to testify in the civil fraud trial, a case that could well decide the fate of his business empire in New York, CNN reported. The trial brought by New York Attorney General Letitia James, is seeking USD 250 million in damages and barring the former president from doing business in the state. James alleges that Trump and his co-defendants committed repeated fraud in inflating assets on financial statements to get better terms on commercial real estate loans and insurance policies, as per CNN. While there are no criminal charges involved, the allegations have enraged the former president, who has attended the trial for multiple days and called it a «political witch hunt». Before the trial began last month, Judge Arthur Engoron already ruled that Trump and his co-defendants, including his adult sons, were liable for «persistent and repeated» fraud. Now the judge is considering how much the Trumps will have to pay in damages for the profits they've allegedly garnered through fraudulent business practices. The attorney general's office is also looking to prove six other claims: falsifying business records, conspiracy to falsify business records, issuing false financial statements, conspiracy to falsify false financial statements, insurance fraud, and conspiracy to commit insurance fraud., CNN reported. On the other hand, Trump has relentlessly attacked James for bringing the case against him.
06.11 / 02:43
Provident
Target
Williams
Fighting
country
reports
travelers
CIA Director arrives in Israel amid raging conflict
William J Burns, arrived in Israel on Sunday to hold discussions with leaders and intelligence officials, the first stop in a multi-country trip in the region, New York Times reported citing US officials. The visit comes as the US is trying to prod Israel to pursue a more targeted approach to attacking Hamas, allow pauses in the fighting for aid to enter Gaza and do more to avoid civilian casualties, according to NYT. Washington is also looking to expand its intelligence sharing with Tel Aviv, providing information that could be useful about hostage locations or any follow-on attacks by Hamas. A US official briefed on Burns' trip said that he planned to reinforce the American commitment to intelligence cooperation with partners in the region. Burns will travel to several Middle Eastern countries for discussions about the situation in Gaza, ongoing hostage negotiations and the importance of deterring the war with Hamas from widening to a broader context, NYT reported citing the US official. US officials have been visiting Israel at a regular cadence since war broke out after Hamas fighters attacked Israeli towns on October 7 and killed more than 1,400 people. Israel has retaliated with a massive counteroffensive including air campaign and ground invasion into Gaza, where Hamas is in control. More than 9,000 Palestinians have been killed in airstrikes since Israel began retaliating, according to Gaza's health ministry.
05.11 / 12:03
Target
Racing
President
track
reports
testing
Department
US plans to build new 'nuclear gravity bomb' 24 times powerful than Hiroshima nuke
B61-13 will replace the 1980s era B61-7, the US department said in a press release published on October 27, 2023. Gravity bombs work by being pulled to the ground by the force of gravity instead of flying to the target on a powered missile, New York City-based Vice News reported. In this case, a bomber or an aircraft flies over the target and drops the bomb.
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