New York Financial News
29.02 / 13:55
29.02 / 13:55
markets
COST
Food
Trade
electronic
reports
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Best Buy reported lower fourth-quarter sales and net income as shoppers remain cautious about spending on gadgets
29.02 / 12:47
COST
UPS
CEO
Enterprise
Trade
International
International Game Technology to merge two units with Everi in $6.2-billion deal
International Game Technology said on Thursday it was separating its Global Gaming and PlayDigital businesses and combining them with gaming machine maker Everi Holdings in a deal valued at $6.2 billion, including debt. The deal follows a review of the two units and will leave IGT a pure-play global lottery business by separating its offerings such as land-based gaming, iGaming, sports-betting and fintech. The lottery business made up more than half of its overall revenue in the third quarter.
29.02 / 10:25
Provident
Aviat
Action
Airlines
WhatsApp
show
DGCA levies fine of Rs 30 lakh on Air India for failing to provide adequate wheelchair
Directorate General of Civil Aviation (DGCA) has imposed a financial penalty of Rs 30 lakhs on Air India following a February 16 incident of non-availability of a wheelchair to an 80-year-old passenger who collapsed and died after walking from the aircraft to the airport terminal at Mumbai. The incident happened at the airport on February 12 after the passenger landed in an Air India flight from New York. A financial penalty of Rs.30 lakh has been imposed on Air India as per Aircraft Rules, 1937 for violating the provisions of the aforementioned regulations, DGCA said in a statement Thursday.
29.02 / 08:59
Airlines
Death
hospital
reports
DGCA slaps Air India with ₹30 lakh penalty following 80-year-old passenger's death at Mumbai airport
₹30 lakhs on civil airline Air India following a 16 February incident of non-availability of a wheelchair to an 80-year-old passenger who collapsed and died after walking from the aircraft to the airport terminal at Mumbai. According to reports, an octogenarian Air India passenger had requested for a wheelchair at the Mumbai airport.
29.02 / 08:07
Gemini
genesis
NYDFS
Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis
Gemini has reached a settlement in principle with Genesis, detailing a plan to distribute $1.8 billion to Earn users, with the process starting within two months, pending court decision.
29.02 / 03:03
Provident
Target
economy
President
show
cover
inflation data
Gold Prices
Gold prices steady as traders brace for US inflation data
Gold prices held ground on Thursday as traders awaited the Federal Reserve's preferred inflation gauge due later in the day that could provide a fresh perspective into when the U.S. central bank could start cutting interest rates. FUNDAMENTALS
29.02 / 01:07
29.02 / 00:25
FTX
SBF
SBF’s Family Write Individual Letters To Judge Asking for Lenient Sentence
Family members of former FTX chief Sam Bankman-Fried have written individual letters to the federal judge who will determine his sentence, according to a February 27 filing in the United States District Court for the Southern District of New York. Barbara Fried, Joseph Bankman, and Gabriel Bankman-Fried — SBF’s mother, father, and brother — submitted pleas for leniency.
29.02 / 00:11
markets
DOW
Trade
President
US stock futures fall on pressure from inflation jitters, Fed comments
Investing.com-- U.S. stock index futures fell in evening deals on Wednesday, extending a decline in Wall Street as uncertainty over an upcoming inflation reading and warnings from Federal Reserve officials spurred increased risk aversion.
28.02 / 22:07
security
Election
Nov
President
Justice
prevention
Courts
Trump loses bid to pause $454.2 million judgment in NY civil fraud case
By Jonathan Stempel and Luc Cohen
28.02 / 20:34
28.02 / 20:33
Sustainability
Food
Trade
Pride
country
Courts
New York sues meatpacking giant JBS over climate claims
By Jonathan Stempel
28.02 / 16:48
FIVE
Gemini
Election
Research
information
reports
testing
Chatbots' inaccurate, misleading responses about U.S. elections threaten to keep voters from polls
Chatbots are spitting out fabricated and misleading information that risks disenfranchising voters leading up to the 2024 U.S. election
28.02 / 16:45
UPS
Man
Trade
reports
recommendations
guidelines
Courts
FTX founder Sam Bankman-Fried's lawyer asks judge to reject 100-year recommended sentence
Sam Bankman-Fried's lawyer says a recommended sentence of 100 years in prison for the FTX founder is “grotesque” and “barbaric” for cryptocurrency crimes
28.02 / 16:45
markets
economy
Bitcoin
reports
Stock market today: Wall Street drifts as bitcoin bounces again
Stocks are drifting on Wall Street, and the S&P 500 is edging down by 0.1%
28.02 / 16:11
28.02 / 16:11
Provident
Mobile
show
country
stars
Department
Schools
These are the best (and worst) states for business owners in 2024
New York Post columnist Rikki Schlott on young professionals fleeing Democrat-run states and legacy admissions at Ivy League schools.
28.02 / 14:41
UPS
Manufacturing
economy
Trade
show
reports
inflation data
Wall St opens lower on caution ahead of inflation data
By Amruta Khandekar and Bansari Mayur Kamdar
28.02 / 05:57
28.02 / 04:13
UPS
Target
Election
President
show
reports
US Presidential Election
2024 US Presidential Election: ‘He is as old as I am’, Joe Biden turns table on Trump over age criticism
President Biden, while campaigning in New York on Monday, had stopped by 30 Rockefeller to appear on National Broadcasting Company's (NBC) "Late Night with Seth Meyers". The President's sit-down with the comic included questions about his age and his 2024 agenda versus that of Trump, the Republican front-runner for the nomination, reported ABC News. Meyers questioned the US President over the leaked classified documents which state Biden is 81 years old currently.
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