New York Financial News

USA versus Pakistan had enough action on the field, an off-the field event took limelight.

Inspired by an 18th century Scottish philosopher and the modern scourge of misinformation, Suzanne Collins is returning to the ravaged, post-apocalyptic land of Panem for a new “The Hunger Games” novel

Fresh allegations are surfacing about Donald Trump's disrespectful behavior toward Black contestants on “The Apprentice,” the reality TV show he hosted from 2004 to 2015

U.S. antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom, according to people familiar with the pending actions

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, struggling to pay even the interest on their loans and often just a bad business hit away from dying off for good

More than 1.2 million rechargeable lights are under recall in the U.S. and Canada following a report of one consumer death

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good

Stocks that are traded heavily or had substantial price changes on Thursday: Lululemon Athletica, Smartsheet rise; Five Below, G-III Apparel fall

A group of Credit Suisse bondholders filed a lawsuit against the Swiss government, seeking full compensation over the contentious decision to write down the failed bank's Additional Tier 1 (AT1) debt.

T20 World Cup: Meet Saurabh Netravalkar, the Indian American Oracle techie coded US's Super Over win against PakistanThe New York stadium is also set to host two other India matches, including a clash with arch-rivals Pakistan on June 9 and USA on June 12. The curators in New York are using the drop-in method of pitch preparation, which means that the pitch is prepared away from the venue and then installed on site before the match.While acknowledging the problems with the New York pitch, the ICC said in a statement, "T20 Inc and the ICC recognise that the pitches used so far at the Nassau County International Cricket Stadium have not played as consistently as we would have all wanted," ICC said in a statement.“The world-class grounds team have been working hard since the conclusion of yesterday's game to remedy the situation and deliver the best possible surfaces for the remaining matches," the top cricketing body noted.Also Read | Despite injury, Rohit Sharma sets THESE 3 new records during India vs Ireland T20 World Cup MatchThe Men in Blue will take on long-time rivals Pakistan at the Nassau County International Cricket Stadium on June 9.

New York Post.

Mega Millions ticket from a local gas station did not turn up to claim the prize even though the deadline is very near.

Federal prosecutors this week arrested the chief financial officer of The Epoch Times and said he directed millions of dollars gained through criminal schemes to the company and himself

Fines against Toronto-Dominion Bank tied to U.S. money-laundering probes may total as much as US$4 billion following fresh allegations involving the lender, according to Jefferies Financial Group Inc. analysts — double previous estimates of the potential impact on Canada’s second-largest lender.

Bloomberg.ALSO READ: After $2 trillion gain, Nvidia is still irresistible to many“With a total market capitalisation of about $9.2 trillion, the three most valuable tech firms have overtaken all of the nearly $9 trillion worth of stocks actively traded on Chinese exchanges excluding Hong Kong," said Bloomberg, citing data.Investors are bullish on Microsoft, Apple and Nvidia due to their powerful competitive positions, fat profit margins and strong balance sheets.Chipmaker Nvidia, the world’s second most valued company, saw its market capitalisation touching $3 trillion this week.Nvidia stock rose 5.2 per cent to end at $1,224.40 on Wednesday, valuing the company at $3.012 trillion.It advanced almost 2 per cent in New York premarket trading on Thursday after it became the first computer chip company to surpass $3 trillion in value.ALSO READ: Federal regulators grant antitrust probe into Microsoft, OpenAI and NvidiaThe chipmaker is preparing to split its stock 10-for-one, from June 7, a move that could increase its appeal to individual investors.So far in 2024, Nvidia’s stock has surged 147 per cent.In a race to dominate the AI market, Microsoft recently said that it is infusing AI features into its products and services.Earlier this week, Microsoft-backed OpenAI had said it would release a new AI model called GPT-4o which will be capable of realistic voice conversation and able to interact across text and image.The Redmond-based IT major is the world's most valuable company, ahead of Nvidia and Apple, with $3.15 trillion in market capitalisation.

BCCI chief curator Daljit Singh is shocked by the "poor quality" of drop-in pitches being used for the T20 World Cup games in New York, including the ones featuring India. India play three World Cup games in New York including the blockbuster clash against Pakistan on June 9. In their tournament-opener against Ireland, uneven bounce and cracks attracted a lot of attention.

New York Times report.The Justice Department and the Federal Trade Commission (FTC) finalized the deal over the past week, with completion expected in the coming days. According to two sources familiar with the matter, who requested anonymity due to the confidential nature of the discussions, the Justice Department will lead the investigation into Nvidia, the top maker of AI chips.

Amazon rainforest, the remote Marubo tribe has preserved its unique culture and language for millennia. However, a technological marvel, Elon Musk's Starlink satellite internet service, has recently breached their isolation. This connection to the outside world brings both opportunities and challenges for the tribe.

US investors can now access funds that track double the daily movement of Ethereum. However, a spot Ether ETF still awaits full regulatory approval.

Juan Tacuri, 46, from Florida, a promoter in the global crypto Ponzi scheme known as Forcount pleaded guilty to conspiracy to commit wire fraud.

ICC T20 World Cup 2024 on 5 June witnessed a remarkbale feat by Indian Captain Rohit Sharma as he completed his 600 sixes in international cricket. His 600 sixes were scored in 427 matches.