New York Financial News

18.10 / 16:27

UPS JPMorgan Chase performer reports Q3 Morgan Stanley sees Q3 profit slide on investment bank slowdown

Morgan Stanley’s third-quarter earnings slid amid sluggish results from the firm’s investment bank and a miss in wealth management.

18.10 / 13:51

Digital Platform pandemic President Comcast audience ad Ad sales for Paris Olympics pace ahead of previous Games, NBCUniversal says

By Helen Coster

18.10 / 13:17

COST IPO CEO Citigroup reports Morgan Stanley beats estimates on trading, but shares dip as wealth management disappoints

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18.10 / 12:57

Citi Williams awards Pinnacle Celebrity social Barcelona's Sips Bar reigns supreme as the World's Best Top 50 Bars in 2023, while Singapore sparkles

Sips bar has secured the top spot in the 2023 edition of the World's 50 Best Bars, a prestigious ranking organized by William Reed Business Media. Double Chicken Please in New York followed in the second position, while Handshake Speakeasy from Mexico City clinched the third place. This year, the awards ceremony made history by taking place in Asia, specifically in Singapore.

18.10 / 11:35

UPS Target Extreme DOW COMPOSITE reports Headlines Top headlines: Freeland announces steps to make banking more affordable

Strength in base metals and battery metals stocks helped Canada’s main stock index eke out a small gain, while U.S. stock markets were mixed.

18.10 / 10:35

FTX Sam Bankman-Fried Had Dinner With NYC Mayor Prior to FTX Collapse – Here's What You Need to Know

Sam Bankman-Fried was in constant contact with prominent political and financial figures in New York City in the months leading up to the collapse of FTX and his subsequent arrest.

18.10 / 06:45

Facebook Citi Fox Google Action voice reports New York's mayor Eric Adams can now speak Mandarin, Yiddish using AI

Eric Adams has been using artificial intelligence to make robocalls that contort his own voice into several languages he doesn't actually speak, posing new ethical questions about the government's use of the rapidly evolving technology. The mayor told reporters about the robocalls on Monday and said they've gone out in languages such as Mandarin and Yiddish to promote city hiring events. They haven't included any disclosure that he only speaks English or that the calls were generated using AI.

18.10 / 05:59

UPS Provident economy Bill Albemarle Mining magnate Chris Ellison seals critical mineral merger

Shareholders in lithium hopeful Essential Metals, backed by Rich Lister Chris Ellison, have voted to merge with an established copper miner as Australia’s tycoons vie for control of the country’s battery metal assets.

18.10 / 05:51

Williams President SOLIDARITY US law firm reviews decision to rescind job offers over Israel protest

New York | Davis Polk, one of the most prestigious law firms in the US, is reconsidering its decision to rescind employment offers made to students who the firm believed led organisations at Harvard and Columbia that issued statements blaming Israel for the October 7 attack by Hamas that left more than 1400 Israelis dead.

18.10 / 04:11

Action Highways Death PAM cover reports recommendations Report: Young driver fatality rates have fallen sharply in the US, helped by education, technology

A new report says that crash and fatality rates among drivers under 21 have fallen dramatically in the U.S. during the past 20 years but young drivers are still the riskiest group behind the wheel

18.10 / 03:17

UPS Reuters economy stage country reports China's Country Garden Holdings on brink of defaulting on $11 billion overseas debt: Report

Chinese developers who have defaulted, would deepen the crisis roiling the property sector, which makes up about a quarter of the world's second-largest economy. Country Garden will be deemed in default on its overseas debt if it does not make a $15 million payment for a September 2025 bond by midnight in New York (0400 GMT). The repayments had not been made by early Wednesday, Reuters reported.

18.10 / 02:05

COST Reuters CEO Fighting Illumina testing Carl Icahn sues Illumina board for violating 'fiduciary duties'

(Reuters) -Activist-investor Carl Icahn sued the board of directors at genetic testing company Illumina (NASDAQ:ILMN) and accused them of breaching their fiduciary duties, according to a sealed copy of the complaint on Tuesday.

18.10 / 02:05

Action Investor Och and others sue Sculptor to halt planned deal with Rithm

By Svea Herbst-Bayliss

18.10 / 02:05

UPS Reuters economy stage country reports China's Country Garden offshore debt default looms

By Scott Murdoch

18.10 / 01:09

UPS Digital DOW Fox stake Starboard pushes News Corp to sell REA Group stake

New York | Activist investor Starboard Value, which has built a position in News Corp, wants the Murdoch-family controlled media giant to separate its Australian real estate business.

18.10 / 01:09

UPS Target Booking CEO Solomonic shootings Goldman profit slumps 33pc as Solomon pleads patience on pivot

New York | Goldman Sachs posted a second straight quarter of real estate write-downs and a continued dealmaking slump, leaving the investment bank’s profitability at about half the level it’s targeting.

17.10 / 23:53

UPS Lowe's economy Yellow show Q3 Gold steadies ahead of China Q3 GDP data, more Fed cues

Investing.com-- Gold prices steadied after early declines on Tuesday as markets hunkered down before several upcoming cues on the U.S. economy, as well as a series of addresses from Federal Reserve officials.

17.10 / 23:53

COST UPS JPMorgan Solomonic Moodys reports Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate

By Saeed Azhar and Niket Nishant

17.10 / 21:43

Law regulation Congress us house Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting

North Carolina Representative Patrick McHenry, chair of the United States House Financial Services Committee and crypto proponent in Congress, is still temporarily in the third most powerful role in government after one of his Republican colleagues failed to secure enough votes.

17.10 / 21:01

Blockchain FIVE Digital Death information compliance Crypto lender Genesis Bankrupt Crypto Lender Genesis Faces Deadline: New York Court Orders Compliance With Terra Subpoena Within 5 Days

After failing to respond to a prior order, embattled crypto lender Genesis has been subpoenaed by a New York court to produce documents related to the collapse of the algorithmic stablecoin TerraUSD (UST) last year.

17.10 / 19:34

UPS DOW CEO economy NVIDIA reports Stock market today: Wall Street drifts after a strong retail sales report

Wall Street is drifting following the latest signal that the U.S. economy remains solid, though perhaps too strong for the Federal Reserve’s liking

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