New York Financial News
19.03 / 22:35
Reuters
CEO
Strategy
Nordstrom
Trade
performer
Department
Nordstrom, Macy's deals could put private ownership back in vogue for US retailers
By Katherine Masters and Abigail Summerville
19.03 / 21:09
UPS
Citi
FIVE
BAY
Research
reports
Destinations
With $67T in liquid assets, US stays on top of the world
The United States continues to lead the globe in terms of private wealth, with affluent Americans possessing a staggering $67 trillion in liquid investible wealth, which amounts to a third of the world’s liquid assets.
19.03 / 21:01
19.03 / 19:13
UPS
Reuters
Platform
NVIDIA
wellness
Meta Platforms
Meta Ceo
performer
NOT
Meta does not expect new Nvidia chips to arrive until at least next year
NEW YORK (Reuters) — Facebook owner Meta Platforms (NASDAQ:META) is not expecting to receive shipments of Nvidia (NASDAQ:NVDA)'s new flagship artificial intelligence chip this year, a Meta spokesperson told Reuters.
19.03 / 16:39
19.03 / 14:56
markets
UPS
Citi
wellness
War
social
New York to probe sputtering legal marijuana program as storefronts lag, black market booms
New York will evaluate its troubled recreational marijuana licensing program as lawsuits and bureaucratic stumbles have severely hampered the legal market and black-market sellers have flourished
19.03 / 14:55
19.03 / 14:55
19.03 / 14:55
UPS
Google
Tesla
Trade
reports
International
Alphabet, Tesla rise; Hertz, Logitech fall, Monday, 3/18/2024
Stocks that traded heavily or had substantial price changes on Monday: Alphabet, Tesla rise; Hertz, Logitech fall
19.03 / 14:55
markets
pandemic
Trade
Courts
Crafts retailer Joann files for Chapter 11 bankruptcy protection
Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending and pandemic-era hobbies
19.03 / 14:55
19.03 / 13:29
19.03 / 12:13
BLOCK
SUN
Continental
Southern
Corona
travelers
Total Solar Eclipse 2024: Big celestial event to fall on THIS date — What to expect and safety measures
big celestial event, several parts of the world are set to witness a Total Solar Eclipse on April 8, 2024, the National Aeronautics and Space Administration (NASA) said. The total solar eclipse--where the Moon passes between the Sun and Earth, completely blocks the face of the Sun, and casts a shadow on Earth— will cross North America, passing over Mexico, the US, and Canada in the second week of April. Though such celestial events are common, but the solar eclipse falling this April is very rare given its recurrence at a particular location.
19.03 / 12:11
UPS
Target
Digital
Trade
reports
Why SMCI stock just plunged 9%
Super Micro Computer (NASDAQ:SMCI) stock fell 9.5% in early New York trading Tuesday after the company said it is planning to offer 2 million shares of its common stock in a public sale. This way, the company is capitalizing on the fact that SMCI stock is up 252% year-to-date.
19.03 / 12:11
Enterprise
Food
wellness
IFF
reports
Pharmaceuticals
IFF to sell pharma unit for enterprise value of $2.85 billion
(Reuters) -International Flavors & Fragrances said on Tuesday it would sell its pharma solutions business to French plant-based ingredients maker Roquette for an enterprise value of $2.85 billion, as it looks to focus on higher-margin businesses.
19.03 / 12:03
UPS
Provident
Parke
wellness
Bill
Multifamily office Caprock strikes first deal for $2.2B boutique firm
Caprock, a prominent multifamily office RIA offering specialized services to ultra-high-net-worth individuals, marked a milestone in its growth story with its first-ever acquisition. The firm announced that it has snapped up Grey Street Capital, a boutique advisory firm based in Chicago with $2.2 billion in client assets.
19.03 / 11:35
19.03 / 11:31
UPS
Target
Digital
Trade
Why SMCI stock just plunged 7%
Super Micro Computer (NASDAQ:SMCI) stock fell more than 7% in early New York trading Tuesday after the company said it is planning to offer 2 million shares of its common stock in a public sale. This way, the company is capitalizing on the fact that SMCI stock is up 252% year-to-date.
19.03 / 11:31
19.03 / 11:23
19.03 / 06:45
markets
Target
security
Enterprise
Research
reports
Investigations
An activist short-seller is making a name for itself by taking on Carl Ichan, Gautam Adani and others
Hindenburg Research has established itself as one of the most powerful voices in public activist short-selling, hammering the share prices of multiple big name companies in recent years with its blockbuster reports.
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