New York Financial News

Something curious is happening at Metals Acquisition Corp.

Uber Technologies reported its first-ever operating profit, but the shares slid as Wall Street questioned whether the company can maintain the pace of growth in its ride-hailing and delivery business.

Taco Bell, claiming that the Mexican Pizza he purchased last September contained only half the advertised beef and bean filling. Frank Siragusa filed a class-action lawsuit in the Eastern District of New York seeking upwards of $5 million in damages for what he alleges to be «unfair and deceptive trade practices.» According to the lawsuit, Siragusa contends that had he been aware of the substantial difference in filling between the actual product and the images shown in Taco Bell's adverts, he would not have paid the $5.49 price for the Mexican Pizza. He further claims that other customers were also left disappointed with their orders, including the popular Crunchwraps. The court filing includes a side-by-side comparison of Taco Bell's website images and customers' photos of the received products. The contrast is stark, with the restaurant's images portraying vibrant and generously-filled tacos, while customers' photos depict lackluster and unappetizing items.

Betty Ann Bruno has passed away at the age of 91. Bruno was a renowned actress who played a Munchkin in the classic film «The Wizard of Oz». The Emmy-winning TV reporter's death came unexpectedly after she experienced a sudden and severe headache while dancing at the Sonoma Women's Club on a Sunday.

By Jonathan Stempel

Now you see it; now you don’t.

A man has been charged by the SEC for misappropriating millions of dollars invested by people who believed they would become ‘rich’ from cryptocurrencies.

The Supreme Court last summer sought to clarify its expansive reading of the Second Amendment. Instead, it set off chaos. The decision in New York State Rifle and Pistol Association v.

Nirmala Sitharaman said the government has decided to allow companies to list at the International Financial Services Center (IFSC) GIFT City to start with before expending this to other countries. Generally, companies incorporated and operating in a country are listed on local stock markets. However, some new-age companies require sophisticated investors who are willing to take big risks.

Digital Currency Group (DCG), the crypto conglomerate led by Barry Silbert, has appointed Mark Shifke as its new chief financial officer (CFO). 

Zhanna Samsonova has reportedly died of self-imposed starvation, after years of living on a ‘raw’ diet consisting mostly of an exotic Malaysian fruit. The 39-year-old Russian influencer, who is known as Zhanna D’Art to her legion of fans on Instagram, TikTok, and Facebook, used to often post on healthy living and sticking to ‘raw’/uncooked meals. However, this ultimately led to her untimely death.

New York-listed Albemarle has nabbed a stake in dual-listed lithium hopeful Patriot Battery Metals, making the US giant the biggest shareholder in the explorer just three weeks after Patriot weathered a short-seller attack.

Binance CEO Changpeng ‘CZ’ Zhao is looking to bring smaller algorithmic stablecoins to the market, in a bid to offer investors options other than the current global stablecoin giants.

A United States Securities and Exchange Commission (SEC) lawsuit against Terraform Labs is set to go ahead after a U.S. judge overseeing the case denied the firm's motion to dismiss on July 31. 

Canada’s main stock index closed up more than 100 points Monday led by gains in tech and metals, while U.S. markets also rose.

Major League Baseball has paid its $185 million settlement of a lawsuit by minor leaguers alleging violations of minimum wage laws

The SEC has filed charges against a registered representative for allegedly stealing more than $2 million from a client and using the proceeds to finance the financial advisor’s personal spending.

US Republican Congressman George Santos attempted to set up a crypto-related investment deal with a donor during an election campaign in 2020, according to a recent New York Times report.

El Mago Pop," is set to dazzle audiences with a physics-defying feat during the 8:00 AM ET hour of NBC's «Today» show. The highly anticipated performance will take place live on the iconic Rockefeller Center Plaza, marking his first appearance on national television. It can be live streamed on the channel's official accounts. Antonio Díaz expressed his gratitude and excitement for the opportunity, saying, «If 25 years ago, you told that child that practiced card tricks in a little room in Barcelona that he would have his own show on Broadway one day, he would have never believed it. But sometimes, the impossible happens. Being one of the few illusionists in history to have his own show on Broadway is a privilege. Being the first one from Europe is amazing. But now my dream is to share with you the hours of work, practice, and impossible dreams. Tomorrow I'll present one of my illusions on Rockefeller Plaza, surrounded by people from all over the world, live for America. Introducing myself to this country on the „Today Show“ is an honor, and I would love to share an impossible moment with you. I will be waiting for you at the Ethel Barrymore Theatre. Thank you for being with us on this journey!»

Stocks that are trading heavily or have substantial price changes on Monday: New Relic, Nikola rise; Tempur Sealy falls

By Dietrich Knauth