New York Financial News
02.05 / 12:33
FBI
FBI Busts $43M Crypto and Las Vegas Hospitality Ponzi Scheme
The FBI arrested New York resident Idin Dalpour for defrauding investors of $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.
02.05 / 08:35
BLOCK
Bitcoin
reports
Investigations
International
compliance
Jack Dorsey’s Block’s Crypto Unit Under Investigation Over Compliance Practices: Report
Federal prosecutors have launched an investigation into Block, the financial technology company co-founded by Twitter’s Jack Dorsey. The investigation focuses on alleged compliance lapses at its central units, Square and Cash App.
02.05 / 03:33
UPS
President
students
Universities
War
rights
Police crackdown on US universities post Israel-Hamas clashes
India supports ‘Two-State solution’ for Israel and Palestine at UN The sight of helmeted police at two of America's most prestigious universities left some students dismayed. "I don't think we should have a heavy police force on campus," UCLA student Mark Torre, 22, told AFP as he surveyed the scene from behind metal barriers. "But more and more, day by day, I think it's a necessary evil, to at least keep safety on campus." After Columbia, police arrests over 280 demonstrators from UCLA At Columbia and at the City University of New York, where police cleared demonstrators out overnight, some students decried "rough and aggressive" tactics used by officers.
02.05 / 03:23
02.05 / 03:23
COST
UPS
Software
Tesla
social
travelers
Department
Elimination of Tesla's charging department raises worries
Elon Musk’s move to lay off the department responsible for Tesla’s electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will have trouble joining Tesla’s network
02.05 / 03:23
02.05 / 02:09
markets
UPS
Digital
Manufacturing
Boxing
information
stake
CCI approves Airtel's buyout of Warburg Pincus affiliate's stake in DTH arm
Competition Commission of India (CCI) has approved Bharti Airtel’s acquisition of an additional 20% stake in its direct-to-home (DTH) arm Bharti Telemedia from an affiliate of New York-headquartered private equity firm Warburg Pincus, people with knowledge of the matter told ET. The competition watchdog is expected to publish a detailed public order on the transaction soon, one of the sources said. While the transaction dates to 2021, the CCI in August 2023 slapped a fine of Rs 1 crore on Airtel for concluding the deal without informing it.
02.05 / 02:09
UPS
economy
Election
President
stage
country
Courts
Trump blasts Biden in rare day on campaign trail
Donald Trump used a break in his hush money trial to stage back-to-back appearances in two Midwestern battleground states Wednesday — but kept his legal woes front-and-center as he accused President Joe Biden of weaponizing the courts against him. The former Republican president, who is running for a return to the White House, rallied supporters in Wisconsin and Michigan, among the most hotly contested states in his expected rematch with Democrat Biden in November.
02.05 / 02:09
Citi
students
Universities
Schools
Videos
peace
Violence flares at UCLA as police end protests at New York's Columbia
UCLA, hours after police arrested activists who occupied a building at Columbia University and cleared a tent city from its campus. Eyewitness videos from the University of California at Los Angeles, verified by Reuters, showed people wielding sticks or poles to hammer on wooden boards being used as makeshift barricades to protect the pro-Palestinian protesters before police were called to the campus.
02.05 / 01:43
Provident
Target
Google
President
show
reports
International
Google cuts jobs globally, relocates roles, expands hiring in India and Mexico. Here is why
tech giant is expected to hire replacement workers for positions in India and Mexico, CNBC reported citing internal documents. The "core" team at Google, which develops the "technical foundation behind the company's flagship products" along with the user safety online and its global IT infrastructure, was the target of the internal job cuts, announced a day before Google's first-quarter earnings report.
01.05 / 18:33
markets
UPS
Waves
Tesla
Highways
shock
Tesla is pulling back from EV charging, and people are freaking out
Tesla’s move this week to lay off much of the team responsible for creating the largest and most successful electric-vehicle charging network in the U.S. threw the industry into a state of shock and confusion. The layoffs halted construction work at a dozen Supercharger sites in Texas.
01.05 / 16:49
Citi
Google
Platform
social
reports
Google Search disrupted by global outage, users report 502 error: Report
Google Search in the UK, while in the United States, over 1,400 people faced similar problems, with significant impacts in cities like New York, Denver, Colorado, and Seattle. Despite these disruptions with Google Search, other Google services such as Gmail, YouTube, Google Maps, and Google Talk appeared to be functioning normally.
01.05 / 16:49
Citi
students
Universities
show
Department
Videos
Colleges
US campus protests: After Columbia, police arrests over 280 demonstrators from UCLA, netizens ask 'Where is security'
Washington Post, over 1,600 people arrested at pro-Palestine campus protests in the past two weeks, out of which 282 arrests were made on Tuesday night at Columbia University and City College New York. On Wednesday, New York Police Department Commissioner Edward Caban said that over 280 protesters at Columbia University and the City College of New York.
01.05 / 14:23
01.05 / 13:25
Bitcoin
Crypto Crime
18 Years In Prison for NYC Woman Behind Bitcoin Terrorism Financing in Syria
Victoria Jacobs, aka Bakhrom Talipov, was sentenced to 18 years in prison by a New York State court jury after being found guilty of funding Syrian terrorism through Bitcoin.
01.05 / 12:09
01.05 / 11:33
Google
Software
trends
information
Schools
Courts
US news publishers sue Microsoft, OpenAI: All you need to know
news publishers on Tuesday filed a lawsuit against software firm Microsoft and ChatGPT maker OpenAI for copyright infringement in training their generative artificial intelligence (GenAI) models using proprietary material. It comes months after The New York Times took the companies to court for similar reasons. ET explains the case and the trend globally. Who are the plaintiffs this time?
01.05 / 10:55
UPS
Election
cover
social
information
reports
News organizations have trust issues as they gear up to cover another election, a poll finds
Americans have a message for news organizations as they prepare to cover the 2024 election: About half of Americans say they're concerned that outlets will report inaccuracies or misinformation
01.05 / 09:25
Citi
Provident
BLOCK
students
Universities
Videos
Clashes erupt on UCLA campus between pro-Palestinian supporters and counter-protesters
Violent clashes erupted on Wednesday on the campus of the University of California in Los Angeles (UCLA) between pro-Palestinian protesters and a group of counter-demonstrators, according to live video coverage provided by a U.S. broadcaster. The UCLA student newspaper Daily Bruin said supporters of Israel had tried to tear down a pro-Palestinian protest encampment on the campus Police were responding to UCLA Chancellor Gene Block's request for support, Zach Seidl, Los Angeles Deputy Mayor of Communications, said on X.
01.05 / 07:41
markets
WhatsApp
Golf
rights
stake
New York Life to acquire 49% stake in two commercial projects by Max Estates for Rs 388 crore
New York Life Insurance Co., a mutual life insurance firm based in the United States, will invest Rs 388 crore for a 49% equity stake in two commercial projects in Delhi and Noida by Max Estates' SPV. With this New York Life Insurance Co is now 49% partner in all the commercial project by Max Estates in Delhi-NCR. The two buildings where the New York life has purchased the stake is Max Tower in Noida and Max House in Okhla with a total leasable area of around 600,000 sq ft.
01.05 / 07:23
Fighting
Airlines
reports
travelers
Schools
Features
Courts
Singapore Airlines ordered to pay ₹2 lakh to Indian couple for ‘mental agony’; here's why
Singapore Airline to pay nearly two lakh rupees to an Indian couple. A police chief from Telangana, Ravi Gupta, along with his wife, sued the airline after he had to manually adjust seats with an automatic recline feature, despite paying 66,750 rupees (about $800) each for a business class seat, according to a New York Post report. Delhi School Bomb Threat live Disappointed with their poor flight experience despite paying a hefty amount for a ticket, Gupta sued the airline for the incident that took place in May last year.
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