New York Financial News
25.04 / 22:43
OneCoin
Bitcoin
Accomplice William Morro Arrested And Charged In OneCoin Crypto Fraud Case
William Morro, an accomplice in the OneCoin crypto fraud scheme, was arrested and charged on April 23 by the United States Department of Justice for his role in the multi-billion dollar scam orchestrated by Ruja Ignatova and Karl Sebastian Greenwood, Tuesday court documents reveal.
25.04 / 21:25
Citi
Provident
Aviat
Airlines
information
reports
Videos
UFO spotted over New York City? Here's is the truth
UFO while her flight was above New York, as per a report in New York Post. The Federal Aviation Administration has informed the Post that they were looking into the issue of the flying object. The commercial airline flight passenger has been identified as Michelle Reyes. Reyes on her Facebook claimed that she witnessed «flying cylinder» from the window of the aircraft while flying above LaGuardia Airport on March 25. She also shared a video of the incident.
25.04 / 21:25
Waves
Opinion
film
Justice
2020
reports
Courts
Will Harvey Weinstein be released from jail after New York Court overturns #MeToo conviction?
Harvey Weinstein, the former film producer who had been convited for rape and sex crimes, has achieved a significant legal victory. According to a report by The Associated Press, his 2020 rape conviction has been overturned by the New York Court of Appeal. However, the decision has sparked a fresh wave of controversy and uncertainty regarding his future legal battles and the ongoing ordeal for survivors of sexual assault.
25.04 / 20:25
Manufacturing
economy
Micron
President
Celebrity
country
Biden celebrates computer chip factories, pitching voters on American 'comeback'
President Joe Biden on Thursday sought to sell voters on an American “comeback story" as he highlighted longterm investments in the economy in upstate New York to celebrate Micron Technology's plans to build a campus of computer chip factories made possible in part with government support. Staring down a rematch with Republican Donald Trump, Biden was asking voters to buy into his vision of the future, at a moment when voters are most worried about enduring pressures from high inflation. The initial phase of New York project would open the first plant in 2028 and the second plant in 2029, with more time expected for the next two factories to be completed.
25.04 / 19:35
UPS
Platform
Trade
reports
International
Meta Platforms, O'Reilly Automotive fall; Chipotle, TransUnion rise, Thursday, 4/25/2024
Stocks that are trading heavily or have substantial price changes on Thursday: Meta Platforms, O’Reilly Automotive fall; Chipotle, TransUnion rise
25.04 / 16:43
community
Instagram
Bitcoin
reports
Courts
Instagram Influencer ‘Jay Mazini’ Sentenced to 7 Years in Prison for Multi-Million Dollar Crypto Ponzi Scheme
Instagram influencer Jebara Igbara, known as “ Jay Mazini, ” has been sentenced to seven years in prison for orchestrating a multi-million dollar crypto Ponzi scheme.
25.04 / 16:39
25.04 / 16:39
COST
UPS
Citi
Analysis
Trade
surfing
Gusts of activity underway by friends and foes of offshore wind energy projects
Supporters of offshore wind energy projects in New Jersey and New York are trading blows with opponents in some shore towns who say vacationers and local residents don't want to see turbines filling the ocean horizon
25.04 / 15:33
Provident
security
Rust
Trade
Actor
information
Videos
Customers
FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access
25.04 / 13:41
community
pandemic
Instagram
Bitcoin
gatherings
Courts
Instagram fraudster 'Jay Mazini' has been sentenced for his crypto scheme that preyed on Muslims
The former Instagram influencer known as “Jay Mazini” has been sentenced to seven years in prison after admitting he stole millions of dollars in various investment scams
25.04 / 13:41
25.04 / 13:41
25.04 / 08:43
25.04 / 08:43
UPS
FIVE
Man
Strategy
Universities
reports
The hot new hedge fund of 2024 has been hiring from Morgan Stanley & Jane Street
Jain Global, the hedge fund founded by Bobby Jain, the former Millennium co-chief investment officer, is still hiring ahead of its launch in July. Its latestportfolio management recruits include macro traders in Singapore and Frankfurt and a formertrader from Jane Street in New York.
25.04 / 08:43
25.04 / 08:43
UPS
Extreme
security
Trade
cover
Relationships
Morning Coffee: Banks and hedge funds don’t care about non-competes. The enormous overhang of mediocre consultants earning $325k
If you’re an employment law wonk, the big news this week is that the Federal Trade Commission has decided to ban the use of non-compete agreements. In doing so, it says it will increase worker earnings by more than $488bn over the next decade. The ban won’t affect existing agreements signed by “senior executives”, but no new non-competes are to be allowed, and any currently outstanding non-competes with employees earning less than $150k are null and void. Unsurprisingly, employers are not pleased; lawsuits have already been filed challenging their power to do this.
25.04 / 08:13
markets
COST
Citi
Southern
pandemic
trends
Tech companies plug into India's smaller cities for talent
B. Ramachandran now prefers living in the smaller cities than the major tech hubs of Bengaluru and Chennai. After the pandemic, the 47-year-old moved to Madurai, a temple town in the southern state of Tamil Nadu. He has no plans to leave his hometown, saying the chance to live with his ageing mother while working for New York-based technology services firm Genpact is a «blessing».
25.04 / 07:19
25.04 / 05:21
markets
CEO
reports
Lenskart in talks for $200 million infusion from Temasek, Fidelity, eyeing $5 billion valuation, says report
Temasek and Fidelity for a $200 million funds infusion through a secondary share sale, The Economic Times reported citing sources. If the homegrown eyewear company's talks with the Singaporean investment company and the American financial services corporation turn concrete, it would push Lenskart's valuation to around $5 billion. A significant increase from its previous valuation, this move would also place Lenskart's worth at over three times that of competitor Warby Parker, the report added.
25.04 / 04:29
Target
Action
Remark
Election
country
International
Non-resident Gujaratis call for ECI action against PM Modi
controversial speech of Prime Minister Narendra Modi targeting Muslims in the country, an e-mail campaign has been started by a few non-resident Gujaratis who are writing to the Election Commission of India seeking action against him. At an election rally in Rajasthan, Modi had alleged that if voted to power, the Congress will redistribute the wealth of the country and give it to the Muslims, drawing criticism both from India’s opposition parties and global media. Speaking to ET from New York, Dakshesh Patel, who is settled in the US, said that a campaign has been launched in this regard and they expect to get at least one lakh emails sent to the EC from all over the globe.
25.04 / 02:05
markets
Stablecoin
Digital
Tether
Research
Bill
S&P Global Says US Stablecoin Adoption Could Soar Following New Rules
American credit ratings firm S&P Global said that a change in rules under the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the regulatory framework could bolster confidence.
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