New York Financial News

24.08 / 11:21

Man Google Celebrity show country social song ‘Time for a new cartoon’: Indians slam old NYT caricature as Chandrayaan-3 reaches Moon

Chandrayaan-3 reached the South Pole of the Moon, a soft landing never attempted by any other country. Indians were jubilant in celebrating this achievement they did not forget a New York Times cartoon that came out six years ago. The cartoon that was published following the success of Mangalyaan mission in 2014, returned to social media after years wherein Indians took a dig at the US-based news paper.

24.08 / 11:07

UPS Manufacturing NVIDIA Intel show Nvidia smashes Wall St. forecast amid AI boom

Nvidia Corp. shares were set to hit a record high in early trading after the chipmaker at the forefront of an industrywide artificial intelligence race delivered a third-straight sales forecast that surpassed Wall Street estimate.

24.08 / 11:07

singer Royalties Judge orders $500K royalties must go to R. Kelly victims

R. Kelly’s royalties of more than $500,000 held by Universal Music Group NV must be turned over to his sexual-abuse victims, a US judge ruled.

24.08 / 07:09

COST UPS shootings blues Financial MA Financial logs record fund flows as revenue slides

MA Financial’s asset management business logged a record $1.26 billion of inflows in the first half, but firm-wide revenue still fell 12 per cent with its investment banking hamstrung by a lack of deal making.

24.08 / 05:15

UPS Deal Takeover Warning Costa profit warning casts doubt over takeover deal

A Costa Group profit warning has cast more doubt over whether a New York private equity firm will push ahead with a takeover offer pitched at $3.50 a share.

24.08 / 03:29

Gap Southern show Time India set to ban sugar exports for first time in 7 years: Report

MUMBAI/NEW DELHI (Reuters) -India is expected to ban mills from exporting sugar in the next season beginning in October, halting shipments for the first time in seven years, as a lack of rain has cut cane yields, three government sources said. India's absence from the world market would be likely to increase benchmark prices in New York and London that are already trading around multi-year highs, triggering fears of further inflation on global food markets. "Our primary focus is to fulfill local sugar requirements and produce ethanol from surplus sugarcane," said a government source who asked not to be named in line with official rules.

24.08 / 02:51

Fulton Lawyer 2020 Trump US: Rudolph Giuliani, Donald Trump's former personal lawyer, surrenders in Georgia’s 2020 election case

Atlanta on charges related to efforts to overturn then-President Trump's loss in the 2020 presidential election in Georgia. The former New York mayor, was indicted last week along with Trump and 17 others. Fulton County District Attorney Fani Willis said they participated in a wide-ranging conspiracy to subvert the will of the voters after the Republican president lost to Democrat Joe Biden in November 2020.

24.08 / 00:54

FIVE BLOCK Waters track Feds approve offshore wind farm south of Rhode Island and Martha's Vineyard

A planned offshore wind farm moved a step closer to construction Tuesday with the Department of the Interior announcing it has approved the project

24.08 / 00:53

Target CEO Pride country dividend fall Foot Locker lowers full-year outlook again, pauses dividend as 2Q sales fall on cautious consumers

Foot Locker is cutting its full-year outlook again and pausing its quarterly dividend as sales dropped in its fiscal second quarter with consumers continuing to be more cautious about their purchases

24.08 / 00:53

UPS CEO Fitch fall Urban Outfitters, Apellis rise; Foot Locker, Peloton Interactive fall, Wednesday, 8/23/2023

Stocks that traded heavily or had substantial price changes Wednesday: Urban Outfitters, Apellis rise; Foot Locker, Peloton Interactive fall

24.08 / 00:53

CEO Apple Nissan star rock fall Business tycoon Carlos Ghosn's rise, fall and dramatic escape is subject of new Apple TV+ series

Carlos Ghosn, the former rock star businessman who fell from grace and fled authorities smuggled in a music instrument box, is getting what his dramatic story deserves — a multi-part Apple TV+ documentary series

24.08 / 00:53

UPS UPS workers overwhelmingly approve a 5-year contract, ending a standoff between the company and the Teamsters union

UPS workers overwhelmingly approve a 5-year contract, ending a standoff between the company and the Teamsters union

24.08 / 00:53

Target Digital Google track Children's advocates ask FTC to investigate Google for targeting ads to kids

Children's advocacy groups including Fairplay and Common Sense Media are asking the Federal Trade Commission to investigate Google, saying the tech giant serves personalized ads to kids on YouTube despite federal law prohibiting the practice

24.08 / 00:53

UPS NASDAQ DOW CEO NVIDIA Stock market today: Wall Street rallies as pressure from the bond market eases

Wall Street rallied for its best day since June as pressure on stocks from the bond market relaxed a bit

24.08 / 00:53

COST CEO Recall Costs Peloton 4Q sales top Street, but posts bigger-than-expected loss partly on recall costs

Peloton managed to beat sales expectations during its fiscal fourth quarter, but the exercise equipment maker reported a bigger loss than anticipated partly due to recall costs and a shift in consumer spending

24.08 / 00:53

UPS BLOCK show country cover Dollar Tree and Family Dollar agree to take steps to improve worker safety at the bargain stores

U.S. regulators have announced a settlement with the company that runs Dollar Tree and Family Dollar aimed at improving worker safety at thousands of the bargain stores across the country

24.08 / 00:53

COST UPS Citi Fighting Matthews lawsuits Wisconsin Democrats want to ban sham lawsuits as GOP senator continues fight against local news site

Wisconsin Democrats are trying to prohibit the use of expensive, sham lawsuits to deter criticism by news outlets and members of the public

24.08 / 00:53

Digital CEO Nordstrom performer beautiful Kohl's posts declines in 2Q profits and sales, joining other stores facing cautious spending

Kohl’s reported on Wednesday that profits dropped nearly 60% on weak sales in the second quarter, joining a slew of retailers that are wrestling with shoppers’ cautious spending in a challenging economy

23.08 / 23:55

UPS Digital Platform Apple Software Dreams Blackbird backs New Zealand Airbnb hopeful with Big Apple dreams

Blackbird Ventures has backed a little-known New Zealand subletting platform Kiki, as the startup tries to take a bite of the Big Apple.

23.08 / 20:51

NFT Opensea insider trading Prison Former OpenSea Head of Product Receives 3-Month Prison Sentence for NFT Insider Trading

Nate Chastain, the ex-head of product at NFT platform OpenSea, has been sentenced to three months in prison for profiting tens of thousands of dollars through insider trading of assets showcased on the platform's homepage.

23.08 / 19:27

regulation Department Of Justice sanctions Money laundering Tornado Cash Tornado Cash co-founders charged with money laundering, sanctions violations

The United States Treasury’s Office of Foreign Assets Control (OFAC) added Roman Semenov, one of the co-founders of the Tornado Cash cryptocurrency “mixer,” to its list of Specially Designated Nationals and Blocked Persons (SDN) on Aug. 23. Another co-founder, Roman Storm, was arrested by the Federal Bureau of Investigation and the Internal Revenue Service Criminal Investigation division in Washington state the same day.

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