New York Financial News

By Paritosh Bansal

(Reuters) — Tech workers at the New York Times plan to strike for half a day on Monday, accusing the publisher of attempting to unilaterally force them back to the office, Bloomberg News reported on Monday.

Israel is pounding Gaza non-stop and from all fronts to get to Hamas. But, oil traders seem more concerned right now about what the Federal Reserve might do or say at the central bank’s rate decision on Wednesday and how the US job numbers for October will turn out on Friday, than the Middle East’s raging war that practically had markets on tenterhooks last week.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon plans to sell shares currently worth about $141 million, the first such transaction since he took the helm at the Wall Street giant almost 18 years ago.

Mumbai: Blackstone Group Inc. has acquired controlling interests in Care Hospitals and Kims Health in a multi-layered deal valued at $1 billion, marking the private equity giant's maiden foray into India's healthcare sector. The New York-based firm secured roughly a 75% stake in Care Hospitals from Evercare Health Fund, an arm of TPG, for around $700 million, said a persom familiar with the transaction, requesting anonymity.

Greenbushes, Australia’s largest hard rock lithium mine, may be forced to reduce productionas prices for the key battery metal collapse on lower Chinese electric vehicle sales.

New York-based asset management firm VanEck has taken a significant step towards launching a spot Bitcoin exchange-traded fund (ETF) by submitting an amended application to the United States Securities and Exchange Commission (SEC).

Equifax, which holds credit data on almost 20 million Australians, says early warning signs for a tougher period for banks are emerging, including a spike in demand for credit cards and personal loans in the last quarter.

The old marketing and advertising sectors face a reckoning, says high-profile Australian advertising boss David Droga. A lot of the work “is shit”, “formulaic”, and adheres to what he describes as a “disruption model”.

You wouldn’t necessarily think that multistrategy hedge fund “pod shops” had much in common with the characters from “Sex and the City”. But Millennium’s Izzy Englander is lamenting that successful portfolio managers are like New York men over the age of 30 — all the good ones have been taken.

New Delhi: Amplus founder Sanjeev Aggarwal and I Squared Capital have come together again to set up a climate solutions platform—Hexa Climate Solutions—which will focus on renewable energy, water and carbon oxides; wherein the New York-based private equity fund will invest around $500 million, said two people aware of the development. New York-based I Squared Capital is no stranger to India’s green economy and invested $150 million in Amplus Energy Solutions Pvt. Ltd in April 2015.

Investing.com — Fear across global markets is expected to hit fever pitch in the coming week, with stock markets likely tanking and favorite commodity plays oil and gold rising, as Israel enters the much-anticipated heightened phase of its war with Hamas, attacking Gaza from land, air and sea.  

Donald J Trump, Ivanka Trump was denied from testifying in the New York civil fraud case worth $250 million by Judge Arthur Engoro. Engoron firmly rejected her arguments, emphasizing that she had «clearly availed herself of the privilege of doing business in New York». The judge has given the judgement based on Ivanka Trump's documents that show Trump still has property and business ties in New York. On the decision of the Judge, her lawyers argued that Ivvana no longer lives in New York and stepped down from her role at the Trump Organization in 2017. Recently, the former President has been embroiled in a court case for inflating the value of his assets on financial statements to boost the appearance of his net worth.

Narendra Modi early this year calling him "no democrat", had funneled more than $15 million for the past seven years to groups behind pro-Palestine protests. According to a report by the New York Post, a search of Open Society Foundations records shows Soros' grant-making network gave $13.7 million of the money through Tides Center, a left group that sponsored several nonprofits who have justified Hamas' bloody attack.

The former managing director of The Market Herald has been accused of using company cards to fund luxury holidays and creating a flawed recruitment process to hire his ex-wife who charged thousands of dollars for work that was largely copy and pasted from the internet.

An Indian company purporting to be one of the largest buyers of electric vehicle batteries from Magnis Energy has recorded almost no revenue in the past financial year, according to new accounts filed with regulators.

Chandler Bing in the infamous American show 'Friends', which ran for 10 seasons from 1994 to 2004. He received a Primetime Emmy nomination in 2002 for his performance in the sitcom. Friends', a show about six pals living in New York in their 20s and 30s, became one of the most popular television shows of all time.

Friends, has died, reports say. He was 54.According to American media reports, including the Los Angeles Times and Rolling Stone, the Emmy-nominated actor was found dead of an apparent drowning at his Los Angeles home Saturday.

Matthew Perry, who starred as Chandler Bing in the hit series «Friends,» has died. He was 54. The Emmy-nominated actor was found dead of an apparent drowning at his Los Angeles home Saturday, according to the Los Angeles Times and celebrity website TMZ, which was the first to report the news.

Sam “SBF” Bankman-Fried took the stand this week to testify in his ongoing criminal trial in the Southern District of New York, denying any wrongdoing between FTX and Alameda Research, while acknowledging making "big mistakes" during the companies’ fast-paced growth. 

The discovery of numerous Bitcoin mining operations with ties to China on American soil has flagged serious national security concerns among US authorities. A comprehensive report published by The New York Times on October 13 unveils a substantial presence of Bitcoin data centres in the US, traceable back to the Chinese government. The proximity of some of these operations to critical military and infrastructure sites further exacerbates the apprehensions. A notable case is a mining operation in Wyoming, situated adjacent to a Microsoft data center, pivotal in supporting various Department of Defence initiatives.