New York Financial News

Nita Ambani, the Reliance Foundation Chairman, turns 60 today. Married to business magnate Mukesh Ambani, the patriarch of Reliance Industries, over the years, she has managed to carve her own individual identity as a noted cultural patron and entrepreneur. One of the most influential figures in India’s business sector, Ambani has diversified her portfolio extensively throughout the years.

Donald Trump’s eldest sons, who took over day-to-day management of his real estate empire when he became president, are scheduled to testify in the New York civil fraud case that threatens their company’s future

Pfizer lost more than $2 billion in the third quarter as an expected COVID-19 product sales decline clipped revenue

The Biden administration and JetBlue Airways are facing off in court over the Biden administration's effort to stop JetBlue from buying Spirit Airlines

FTX founder Sam Bankman-Fried has undergone a final barrage of questions from a prosecutor aimed at showing that he's not being honest about how $8 billion of his customers' funds disappeared, setting the stage for final arguments

Another day, another Supreme Court case with a mention of former President Donald Trump

U.S. regulators have sued SolarWinds and its top security executive for fraud for allegedly concealing poor cybersecurity practices ahead of the Texas-based technology company's stunning hack by Russian spies

Flexible workspace provider WeWork plans to file for bankruptcy as early as next week, a source familiar with the matter said on Tuesday, in a stunning reversal of fortune for a company that was once privately valued at $47 billion. Shares of the company fell 30% in extended trading after the Wall Street Journal first reported the news. They have fallen roughly 96% this year.

Long-serving Greenhill managing director Simon McConnell has jumped to Luminis Partners, Street Talk can reveal. This is the first time the corporate advisory firm has employed someone in Melbourne.

Montreal were arrested in New York City Monday for allegedly conspiring to illegally ship $13.9 million worth of restricted technology to the Russian military.Some of the components that the Montrealers obtained through front companies later ended up in advanced Russian weapons systems and spying equipment found on battlefields in Ukraine, according to Breon Peace, the United States Attorney for the Eastern District of New York.Peace unsealed a criminal complaint that identified the two Montrealers who were charged in the case as Nikolay Goltsev, 37, and Kristina Puzyreva, 32.A third Russian man, Salimdzhon Nasriddinov from New York, was also charged.“These defendants are alleged to have illegally exported millions of dollars in electronics to support the Kremlin in its ongoing attacks of Ukraine,” said Ivan J. Arvelo, Special Agent in Charge of Homeland Security Investigations in New York.The charges follow a major probe by the Department of Homeland Security, the Federal Bureau of Investigation, U.S.

Not just numbers', Elon Musk goes emotional on Tesla earnings call; Analysts call him ‘little baby’ The downward trend began earlier this month when Tesla revised down its growth expectations in its third-quarter earnings call. This move was followed by pessimistic comments from various global automakers and Wall Street analysts. Recently, battery-maker Panasonic Holdings Corp.

FTX founder Sam Bankman-Fried underwent a final barrage of questions on Tuesday from a prosecutor aimed at showing that he’s not being honest about how much he knew about the disappearance of $8 billion from his customers’ accounts, setting the stage for final arguments in his fraud trial on Wednesday.

Taylor Swift Halloween costumes experienced a remarkable shift. It initially hovered at minimal levels around the time of the first U.S.

Investing.com — Crude prices fell hard for a second day in a row and looked poised to end October with double-digit losses as oil bulls who rushed to hedge against the Israel-Hamas war discovered to their disappointment that the rest of the market wasn’t prepared to assign a war risk premium to a trade simply unaffected by the conflict.

Investing.com — US crude stockpiles possibly rose as much as 1.3 million barrels last week, resulting in another build as well at the storage hub tied to the delivery of oil contracts traded on the New York Mercantile Exchange, petroleum trade group API said Tuesday. 

(Reuters) -WeWork plans to file for bankruptcy as early as next week, a source familiar with the matter said on Tuesday, as the SoftBank (TYO:9984) Group-backed company struggles with a massive debt pile and hefty losses.

Blackstone and Vista Equity Partners bested a crowd of offshore sponsors and strategics at the eleventh hour to secure Energy Exemplar, the tearaway energy analytics business owned by The Riverside Company.

By Marcelo Teixeira

Judy Nugent, who played one of the twins on The Ruggles and a girl who flies around the world in the arms of Superman in a wonderful Adventures of Superman episode, has died. She was 83 years old.

The committee heard about the US approach to central bank digital currency, cryptoasset regulation and how sexism is tackled in the US financial services industry.

Sam Bankman-Fried (SBF), the founder of cryptocurrency exchange FTX, claims that spending clients' fiat deposits was just part of "risk management" for his intertwined crypto hedge fund Alameda Research.