New York Financial News

27.03 / 18:29

COST Extreme Chevron wellness Bill country Courts Pennsylvania county joins other local governments in suing oil industry over climate change

A large suburban Philadelphia county has joined dozens of other local governments around the country in suing the oil industry, asserting that major oil producers systematically deceived the public about their role in accelerating global warming

27.03 / 18:29

markets UPS IPO Trade Traffic Updates Krispy Kreme, McCormick rise; Consol Energy, Lear fall, Tuesday, 3/26/2024

Stocks that traded heavily or had substantial price changes on Tuesday: Krispy Kreme, McCormick rise; Consol Energy, Lear fall

27.03 / 18:27

markets UPS CEO ICE McDonald’s Food President Do you want fries with that? Krispy Kreme doughnuts are coming to McDonald's

Krispy Kreme and McDonald’s are getting together over breakfast

27.03 / 18:27

markets UPS NVIDIA Trade track reports Stock market today: Wall Street drifts following its 3-day losing streak

U.S. stocks are drifting a bit higher following a three-day lull

27.03 / 18:27

Platform Election President Universities show voice 2020 NBC has cut ties with former RNC head Ronna McDaniel after employee objections, some on the air

NBC News will cut ties with former Republican National Committee chief Ronna McDaniel, hired last week as an on-air political contributor

27.03 / 18:27

UPS Citi Parke wellness pandemic track A $15 toll to drive into part of Manhattan has been approved. That's a first for US cities

New York is on track to become the first U.S. city with congestion tolls on drivers entering its downtown

27.03 / 18:27

Provident Mobile economy trends show Features International Kia invests in new compact car even though the segment is shrinking as Americans buy SUVs and trucks

Kia is rolling out a revamped compact car in the U.S. even though sales of the small cars are dropping as the nation continues to favor SUVs and pickup trucks

27.03 / 18:27

UPS Merck GameStop Trade Cintas reports Merck, Cintas rise; GameStop falls, Wednesday, 3/27/2024

Stocks that are trading heavily or have substantial price changes on Wednesday: Merck, Cintas rise; GameStop falls

27.03 / 18:27

Platform security ByteDance TikTok Trade social Investigations TikTok is under investigation by the FTC over data practices and could face a lawsuit

A person familiar with the matter says the Federal Trade Commission is investigating TikTok over its data and security practices

27.03 / 18:27

Waters BAY Death President information reports Traffic What we know about the Baltimore bridge collapse

Authorities are piecing together what led to the bridge collapse in Baltimore

27.03 / 18:27

UPS Digital Williams Strategy information Headlines The British royal family learns that if you don't fill an information vacuum, someone else will

The British royal family learned the hard way: in the modern media world, if you don't fill an information vacuum, others will fill it for you, and it's not likely to be pretty

27.03 / 18:27

Provident Kucoin Platform security Trade country US prosecutors try to send warning to cryptocurrency world with KuCoin prosecution

A top U.S. prosecutor has announced criminal charges against a once ascending company in the cryptocurrency world and two of its founders in a bid to send a message to other players in the industry to follow U.S. laws

27.03 / 17:03

COST UPS Manufacturing show 2020 Department Schools He was crowned fashion’s next big thing. But that doesn’t pay the bills.

Edvin Thompson had everything a young designer could hope for: accolades from Vogue and the CFDA, dresses selling at Bergdorf Goodman and a spot on the official New York Fashion Week calendar. Then, with just two weeks’ notice, he canceled his February runway show. His sponsors had fallen through, he said, which meant he’d be paying around $125,000 out of pocket to stage the show—a move that could put his brand in dire financial straits.

27.03 / 16:23

Gemini Bankruptcy genesis Barry Silbert Could Pocket $1 Billion in Personal Gains by Exploiting Bankruptcy System: Report

Barry Silbert, founder and CEO of crypto conglomerate Digital Currency Group (DCG), stands to potentially gain up to $1 billion through a sophisticated maneuver involving the bankruptcy system.

27.03 / 16:11

Art Universities composer reports pneumonia rights Interviews Sculptor Richard Serra, a proponent of minimalism, passes away at 85

Richard Serra, known for his massive yet minimalist steel sculptures, died Tuesday at age 85, US media reported. His strikingly large pieces are installed all over the world, from Paris museums to the Qatari desert, and have sometimes sparked controversy over their imposing nature. Serra died of pneumonia Tuesday at his home on Long Island, New York, his lawyer John Silberman told The New York Times.

27.03 / 13:15

markets IPO Platform Reddit Trade country social Global IPO revival lags first quarter share sales as markets rally

equity capital markets had its strongest start in three years in 2024 as economic uncertainty waned and stocks rallied, but a revival in initial public offerings has lagged. Bankers carried out $143.9 billion of stock sales worldwide so far this year, the best first quarter since 2021, according to Dealogic data.

27.03 / 05:47

markets UPS Citi Highways Trade Universities Traffic Sizing Up the Economic Impact of the Baltimore Bridge Collapse

The containership crash that downed a Baltimore bridge Tuesday stands to snarl shipping along the East Coast for months. Officials say the bridge collapse could affect port operations for a long time, forcing other ports in the region to take on extra shipments. Companies that transport cars and coal, two of the important categories of cargo that run through Baltimore, already are looking for alternative destinations.

27.03 / 03:35

Bitcoin Price ‘Rich Dad, Poor Dad’ Author Suggests Bitcoin Could Be a Scam, But Doesn’t Dismiss Its Potential

Robert Kiyosaki, best known for his book “Rich Dad, Poor Dad” has voiced his support for Bitcoin once again. On March 26, he described Bitcoin as “the perfect asset at the right time” but noted that it could also be a scam or a Ponzi scheme.

26.03 / 18:57

Kucoin Platform security Southern Trade reports International KuCoin, Execs Charged With Bank Secrecy Act and Unlicensed Money Transmission Offenses

Global cryptocurrency exchange KuCoin and two of its founders have been indicted on criminal charges of operating without a license for transmitting money and failing to establish an anti-money laundering (AML) program in accordance with the Bank Secrecy Act (BSA).

26.03 / 16:15

Reuters Fox Trade country reports Department Traffic Baltimore bridge collapse to bring trade and traffic chaos

The Baltimore Fire Department called the collapse a developing mass casualty event.

26.03 / 15:53

Trade Courts Visa, Mastercard settle long-running antitrust suit over swipe fees with merchants

Visa and MasterCard announced a settlement with U.S. merchants related to swipe fees, a development that could potentially save consumers tens of billions of dollars

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