New York Financial News
16.04 / 13:53
16.04 / 13:53
markets
UPS
pandemic
stars
NHL
Sporting
hockey
Hockey business is booming as the NHL bounces back from the pandemic in a big way
As the NHL playoffs begin this weekend, ushering in the most exciting hockey of the year, business is booming and the league has bounced back in a big way from the pandemic
16.04 / 13:53
pandemic
Trade
cover
Bank of America's Q1 profits fall 18% on higher expenses, charge-offs
Bank of America said its first-quarter profits fell 18%, as the bank dealt with higher expenses due to the impact of higher interest rates
16.04 / 13:53
markets
Avid
exclusive
Department
NHL
Sporting
NHL announces Bodyarmor as its new sports drink, replacing BioSteel
The NHL on Tuesday announced a multiyear agreement with Bodyarmor to be the league's official sports drink
16.04 / 13:53
markets
Citi
Provident
Strategy
reports
Hochul announces budget outline as lawmakers continue to hash out details
New York Gov. Kathy Hochul has announced the framework of a $237 billion budget that includes broad plans to drive new housing construction, address the influx of migrants and crack down on illegal marijuana shops
16.04 / 11:57
16.04 / 11:43
markets
IPO
Digital
Waters
economy
testing
Schools
Walmart-backed Ibotta looks to raise $551 million in upsized US IPO
Ibotta, the digital marketing company backed by Walmart, said on Tuesday it was looking to raise about $551 million in an upsized initial public offering in the United States. The company and some of its existing shareholders plan to sell a combined 6.56 million shares, nearly one million more than its previous offering after some selling investors decided to offer more stock.
16.04 / 10:33
16.04 / 10:33
COST
Extreme
CEO
Tesla
social
reports
Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report
After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday
16.04 / 10:33
markets
Boxing
film
War
Warner Bros
audience
stars
‘Civil War’ declares victory at the box office, toppling 'Godzilla x Kong'
Alex Garland’s provocative “Civil War” didn’t only ignite the discourse
16.04 / 10:33
Provident
Pregnancy
inclusion
Discrimination
Equality
Courts
rights
New rules for Pregnant Workers Fairness Act include divisive accommodations for abortion
Workers are entitled to time off and other job accommodations for abortions under the Pregnant Workers Fairness Act, according to finalized federal regulations published Monday
16.04 / 10:33
16.04 / 10:33
COST
UPS
electronic
reports
travelers
Department
Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
Americans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges
16.04 / 10:23
UPS
Progressive
Action
Election
President
show
While Biden worries about the left, the voters he needs are in the center
WASHINGTON—President Biden’s announcement last week that his administration would seek to forgive billions of dollars’ worth of federal student loans was cheered by progressives, the latest in a string of actions he has taken to shore up support from the left—annoying the center in the process. That has some Democrats worrying he is making a big mistake.
16.04 / 08:43
FIVE
Binance
Trade
DOJ
Justice
reports
Department
DOJ Pulls Back from Choosing NY Law Firm for Binance Oversight, Citing FTX Connections
The Department of Justice (DOJ) is reportedly reconsidering selecting a prominent New York law firm to handle a critical assignment related to Binance, due to the firm’s prior work for rival exchange FTX.
16.04 / 08:09
Aviat
Airlines
Boeing
show
track
Two Air India flights flew over Iran airspace a few hours before Israel attack
New York to Mumbai and from Mumbai to London, respectively, on April 13 and April 14 above the Persian Gulf and Gulf of Oman when the shadow of a conflict between Iran and Israel loomed large, showed data by Flightradar24, a website that tracks flights. Iran attacked Israel over the weekend, firing at least 300 drones and missiles. Iran’s military assault was expected for days after tensions between the two countries ratcheted up on April 1, when fighter jets struck a building that is part of the Iranian Embassy at Damascus in Syria.
16.04 / 07:27
Provident
Art
Booking
Death
reports
gatherings
‘Nearness of death makes you feel great loneliness’, says Salman Rushdie in memoir ‘Knife’ — top 10 things to know
Salman Rushdie has released his much-awaited memoir "Knife" today, recounting the harrowing experience of being stabbed at a public event in 2022 and how he overcame the near-fatal ordeal. Originally from India and now a naturalized American residing in New York, Rushdie gained global attention as a champion of free speech following death threats spurred by his controversial 1988 novel "The Satanic Verses.".
16.04 / 03:43
UPS
Election
Trade
President
reports
Will Joe Biden punish Iran for attacking Israel? Know about options
Joe Biden help the Iranian regime by ignoring its nefarious activities like bankrolling Hamas and expanding its nuclear capabilities? After Tehran backed Houthi rebels and now attacked US ally Israel, this question has surfaced. Biden has also been accused of refusing to enforce sanctions imposed years ago. Tehran increased its oil exports, its most significant revenue source after Biden came to office four years back. Now, as the 2024 US Presidential Election is coming close and the campaign is picking up, the president will have to answer these allegations.
16.04 / 02:03
Reuters
Progressive
Fox
economy
show
reports
American workers want record wages to change jobs, NY Fed finds
DISTILL CEO Neely Tamminga discusses whether the Fed has been restrictive enough to rein in inflation on Making Money.
15.04 / 18:07
Citi
Action
awards
wellness
Justice
Department
Courts
Corruption or politics? SC weighs new bribery case as more clashes are brewing
WASHINGTON—The Supreme Court for years has been making it more challenging for prosecutors to bring corruption cases against public officials, guided by the belief that some of the dealmaking and fundraising in the political realm is unseemly but not illegal. A new batch of cases making their way through the courts shows that where to draw the line remains in flux. In New York, a U.S.
15.04 / 16:23
UPS
reports
Schwab Q1 revenue tops estimates
Charles Schwab Corp.’s first-quarter net revenue topped estimates as the retail brokerage tries to put 2023’s turbulence behind it.
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