New York Financial News

(Reuters) — AT&T (NYSE:T)'s CEO said on Wednesday tests conducted at several sites where the telecom operator abandoned lead-clad cables decades ago have shown no risks of a public health crisis.

From an early age, Salehe Bembury could see the sneakers of the future. In childhood sketchbooks he morphed the shapes of dinosaurs and praying mantises into intricate, tubular shoes, with strap closures and cupped soles. They were like nothing the market had seen before.

The Securities and Exchange Commission is poised to impose new fees on brokers to help pay for an expansive market-surveillance system. 

A federal judge has ordered that certain bank accounts and properties connected to former Celsius CEO Alex Mashinsky be frozen following a motion from the United States Justice Department.

(Reuters) — Mexican telecommunications giant America Movil (NYSE:AMX) is looking to increase the percentage of its debt held in pesos, Chief Financial Officer Carlos Garcia Moreno said on Wednesday.

NEW YORK (Reuters) — Donald Trump has asked a New York judge to delay a scheduled Oct. 2 trial in state Attorney General Letitia James' civil fraud lawsuit against the former U.S. president and his family business.

Jung Kook of BTS will join the Global Citizen Festival lineup, making one of his first live solo appearances at the Sept. 23 concert in New York's Central Park. The record-setting K-Pop singer, whose debut solo single 'Seven' hit No.

By Shristi Achar A and Amruta Khandekar

A former DRW Holdings LLC trader and research analyst was accused in a lawsuit of stealing proprietary computer code used in the firm’s quantitative strategies.

The United States Attorney’s Office has filed an affirmation of the denial of bail to former FTX CEO Sam “SBF” Bankman-Fried, claiming that he could attempt witness tampering and stating that no release conditions would assure the safety of the witnesses. Prosecutors responded to several claims made in his appeal against the bail revocation, calling it “meritless.”

A U.S. official said Monday that North Korean leader Kim Jong Un may travel to Russia soon to meet with President Vladimir Putin as the Kremlin tries to acquire military equipment for use in its war in Ukraine.

investors. But for a small group of corporate turnaround specialists, crypto's implosion has become a financial bonanza.Lawyers, accountants, consultants, cryptocurrency analysts and other professionals have racked up more than $700 million in fees since last year from the bankruptcies of five major crypto firms, including the digital currency exchange FTX, according to a New York Times analysis of court records. That sum is likely to grow significantly as the cases unfold over the coming months. Large fees are common in corporate bankruptcies, which require complex and time-intensive legal work to untangle. But in the crypto world, the mounting fees have sparked widespread outrage because many of the people owed money are amateur traders who lost their personal savings, rather than corporations with the ability to weather a financial crisis. Every dollar in fees is deducted from the pool of funds that will be returned to creditors at the end of the bankruptcies. The fees are «exorbitant and ridiculous,» said Daniel Frishberg, a 19-year-old investor who lost about $3,000 when the crypto company Celsius Network filed for bankruptcy last year. «At every hearing, they have an army of people there, and most of them don't need to be there. You don't need 20 people taking notes.»

Wordle is a web based game which is amusingly popular worldwide.The game was designed by Engineer Josh Wardle and owned by The New York Times. Wordle is a word puzzle which is available at The NYT website. It is free to play does not require any formalities to play the game. Wordle can be played on mobile browsers or desktops. It is one of the most played online games. Earlier a previously played Wordle answer dictionary was available at the website. Now, it has been taken down.

Bengaluru has triggered a meme frenzy on social media after he significantly raised the rental price for his 2BHK flat. It all started when the landlord, who goes by the username @Bharath_MG on social networking site X (formerly Twitter), shared the details of the 2BHK flat's availability on the internet. The advertisement said that for a monthly rent of Rs 45,000, potential tenants could secure a stylish property on Indiranagar's prestigious 80-feet road.

Genesis Global Trading (GGT), a New York-based subsidiary of Barry Silbert's Digital Currency Group, is set to halt its crypto spot trading services as of September 18. The decision comes directly from the company and is described as a voluntary measure due to unspecified business reasons.

Netflix has unveiled the first trailer for «May December,» directed by Todd Haynes and featuring Natalie Portman and Julianne Moore in leading roles. The film explores a scandalous relationship between a married woman and a 13-year-old, reminiscent of the May-December romance between teacher Mary Kay Letourneau and Vili Fualaau, which made headlines two decades ago. Julianne Moore's character, similar to Mary Kay Letourneau, faced legal consequences for her involvement with an underage teenager but later married him, relocating to lead a quiet family life.

For small businesses that rely on summer tourism to keep afloat, extreme weather is replacing the pandemic as the determining factor in how well a summer will go

Stocks that traded heavily or had substantial price changes on Tuesday: Manchester United, America’s Car-Mart fall; Insmed, Brady rise

Information theft is on the rise

It’s a transaction that would be commonplace for a corporation or a sports team, but it’s the kind of deal that is practically unheard of in the nonprofit sector

A federal judge in New York City has ruled that evidence shows a company whose after-market triggers can make semiautomatic AR-15-style rifles fire like automatic weapons fraudulently misled consumers that the devices were legal