City New York Financial News
29.09 / 10:57
Action
President
fraud case
Financial
Trump loses appeal of financial fraud case
In a case that is being closely watched by the financial sector, the civil fraud trial against former President Donald Trump regarding allegations of exaggerated property valuations could commence as early as Monday. An appeal by Trump to postpone the trial was dismissed by a New York appeals court earlier Thursday.
29.09 / 09:03
Citi
Citizens
Fox
Bill
social
strain
elon
Elon Musk turns citizen journalist from US-Mexico border's Eagle Pass, 'migrant situation is serious issue'
Also Read: US House passes Republican bill to stop illegal immigration from Mexico as Title 42 ends "This is real-time, unfiltered," he said. "What you see is what I see" Musk said.
29.09 / 05:23
Citi
Waves
Target
CEO
Bill
performer
reports
Target to close nine stores in major US cities. Check the list
Target on Thursday announced it is going to shut down nine stores across several major cities in the United States from October 21. The move comes as a response to escalating incidents of violence, theft, and organised retail crime that have put the safety of both employees and customers at risk. Target's decision to close one store in New York City's Harlem neighborhood, two in Seattle, three in the San Francisco-Oakland area, and three more in Portland, Oregon, underscores the severity of the situation.
29.09 / 01:29
Citi
Waters
Landmark
ICE
Revealing New York city's shifting landscape: NASA study unearths sinking skyscrapers and surprising uplift
New York City, the bustling metropolis, finds itself in the midst of a transformative shift in its urban landscape, as unveiled by a recent in-depth study conducted by scientists from NASA’s Jet Propulsion Laboratory and Rutgers University. Employing state-of-the-art remote sensing technology, known as interferometric synthetic aperture radar (InSAR), this research meticulously scrutinized the vertical land motion in the metropolitan area spanning the years from 2016 to 2023. The study intricately dissects the complex interplay of both human and natural factors, contributing to phenomena of subsidence and uplift within the city.
28.09 / 22:37
28.09 / 21:13
Citi
Fox
MetLife
singer
pop
paparazzi
reports
Taylor Swift to attend NFL game between Travis Kelce's Kansas City Chiefs and New York Jets, claim reports
New York Jets at MetLife Stadium, according to reports. The 33-year-old singer is reportedly dating Kansas City Chiefs player Travis Kelce. In Week 3, Swift graced Arrowhead Stadium for the Chiefs' game against the Chicago Bears. During the game, Swift joined Travis Kelce's family in a suite and was prominently featured on FOX's broadcast, sitting alongside and enthusiastically supporting Kelce's mother, Donna. Following the game, the pop superstar and the two-time Super Bowl champion, Travis Kelce, left Arrowhead Stadium together, marking their inaugural public appearance as a couple. Travis Kelce called an appearance by Taylor Swift at the Kansas City Chiefs' victory over the Chicago Bears' last weekend «pretty bold», but the All-Pro tight end insisted Wednesday that he wants to keep future details about their relationship private. While Swift is known for keeping her personal life private, Kelce apparently has decided to begin doing the same. Kelce discussed the pop superstar's well-publicized appearance in a suite at Arrowhead Stadium on his podcast, «New Heights with Jason and Travis Kelce». The younger of the Kelce brothers said it was 'awesome' how everyone treated Swift during her time in his suite, and he was in awe of the way the 12-time Grammy Award-winner connected with his mom, Donna. Kelce acknowledged on his podcast Wednesday the widespread interest in him with Swift, adding that he has seen paparazzi suddenly staking out his Kansas City-area home.
28.09 / 19:39
28.09 / 16:49
Blockchain
COST
UPS
Ripple
Citigroup
Australian
Fireblocks buys Australian blockchain startup BlockFold
Fireblocks, the crypto company backed by Sequoia Capital and Coatue Management, has acquired BlockFold, a Melbourne-based startup that helps financial institutions build blockchain-based systems, people with knowledge of the matter said.
28.09 / 14:41
28.09 / 14:41
pandemic
President
reports
Liverpool owner FSG announces minority investment by New York equity firm
New York-based investment firm Dynasty Equity has bought a minority stake in Premier League soccer team Liverpool
28.09 / 09:11
business
regulation
Court
Bankruptcy
Celsius
valuation
Celsius valuation advisor approves value of debtors’ assets and liabilities
Joel E. Cohen, a mathematician and biologist representing Celsius Network’s valuation advisor Stout Risius Ross, LLC, confirmed the accuracy of the fair value of certain of the debtors’ assets and liabilities as of May 31, 2023.
28.09 / 07:39
Provident
Gap
Compilation
Fighting
show
cover
Centre
place
Financial
New York remains top financial centre, London clings to second place - survey
LONDON (Reuters) — New York has easily remained the world's top financial centre with London still second and gaining some ground, but also facing a tougher fight with Singapore and Hong Kong, the Global Financial Centres index showed on Thursday.
28.09 / 05:21
Gemini
Winklevoss Twins
Digital Currency Group
genesis
Gemini Reportedly Withdrew $280 Million From Genesis Before Crypto Lender Filed for Bankruptcy
Tyler and Cameron Winklevoss owned Gemini exchange reportedly withdrew approximately $280 million from Genesis Global just months before the crypto lender initiated a freeze on customer deposits and ultimately filed for bankruptcy.
27.09 / 22:41
Mining
CFTC
regulation
Fraud
Ponzi scheme
Former CEO of sham crypto miner IcomTech pleads guilty of wire fraud for Ponzi scheme
Marco Ruiz Ochoa pleaded guilty to one count of conspiracy to commit wire fraud in the Southern District Court of New York on Sept. 27 in relation to Ponzi scheme perpetrated by the IcomTech company. Ochoa was CEO of IcomTech from its founding in 2018 to 2019.
27.09 / 18:03
business
Mining
Bitcoin
Texas is home to nearly 30% of all Bitcoin hash rate — Foundry
The U.S. state of Texas accounts for over 28% of all Bitcoin (BTC) hashing power in the United States, according to the latest Hashrate Map by crypto mining service provider Foundry USA.
27.09 / 18:03
regulation
crimes
FTX
Court
Fried
Sam
Sam Bankman-Fried will likely appear in a suit and tie at trial
A federal judge has granted a motion from the legal team for Sam Bankman-Fried (SBF) allowing the former FTX CEO to wear business attire during his first criminal trial.
27.09 / 11:29
Provident
Action
President
show
Financial
Trump guilty of financial, insurance fraud
In a significant ruling, Judge Arthur Engoron determined Tuesday that Donald Trump and his real estate company had deceived financial institutions, insurers and other entities by drastically inflating asset values and misrepresenting his net worth in official documents meant for deal-making and obtaining financing.
27.09 / 10:35
Blockchain
Web3
Decentralization
Uber
Pay with crypto: Web3 platform combines blockchain and AI for better rates
Powered by Camino Network, this Web3 booking platform addresses the high fees and the lack of personalization options in the travel industry while also enabling crypto payments.
27.09 / 06:21
Trading
Altcoin
Bitcoin
Bitcoiner who tried to trade his way to Alaska has failed, 900 miles from finish
A Bitcoin proponent’s recent attempt to crypto trade his way from New York to Alaska has come to a sudden and bitter end — some 900 miles from his final destination.
27.09 / 04:13
FIVE
Action
WhatsApp
country
reports
Nijjar killing row: ‘Not part of Five Eyes’, Jaishankar refuses to comment on reports of intelligence shared
Khalistani terrorist Hardeep Singh Nijjar’s killing. “I am not part of The Five Eyes", the minister said during the ‘Discussion at Council on Foreign Relations' in New York. He was asked about the reports citing the role of the Five Eyes group regarding the intelligence behind the killing of Hardeep Singh Nijjar, and reports of the FBI warning US Sikh leaders about “credible threats" to them, ANI reported.
27.09 / 02:13
WhatsApp
Death
shootings
country
reports
Department
SOLIDARITY
Nijjar killing row: ‘Canada has seen a lot of organized crime’, says Jaishankar
Hardeep Singh Nijjar's killing, the minister said that it was ‘politically inconvenient'. Speaking at a Council on Foreign Relations event in New York, Jaishankar said, “Canada actually has seen a lot of organized crime relating to the secessionist forces, organized crime, violent extremism." “Our concern is that it’s really been very permissive because of political reasons. So we have a situation where, actually, our diplomats are threatened," he added.
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