New York Financial News
25.07 / 21:15
UPS
PacWest
Banc of California to buy troubled PacWest Bancorp, which came close to failing earlier this year
The Banc of California has agreed to buy PacWest Bancorp in an all-stock transaction, bringing an end to months of speculation about whether PacWest could survive on its own after the failures of three other regional banks this spring
25.07 / 21:15
COST
ViacomCBS
UBS
UBS fined nearly $400 million related to Credit Suisse's relationship with failed fund Archegos
Swiss banking giant UBS will pay nearly $400 million in fines to U.S., Swiss and U.K. banking authorities for the management failures of Credit Suisse, which UBS bought in June
25.07 / 21:15
UPS
Fighting
Court says OxyContin maker's bankruptcy and protections for Sackler family members can move ahead
OxyContin maker Purdue Pharma can start its transformation under a bankruptcy agreement that allows the members of the wealthy Sackler family who own the company to avoid civil lawsuits over the opioid crisis, a court has ruled
25.07 / 21:15
25.07 / 21:15
COST
UPS
FIVE
CEO
UPS reaches tentative contract with 340,000 unionized workers potentially dodging calamitous strike
UPS has reached a contract with its 340,000-person union, averting a potential strike that would have disrupted deliveries for businesses and households nationwide
25.07 / 21:15
Aldi
rock
Recall
These Trader Joe's cookies may contain rocks. See the products under recall
Trader Joe’s is recalling two cookie products because they may contain rocks, the grocery chain announced Friday
25.07 / 21:15
25.07 / 21:15
25.07 / 20:39
25.07 / 19:19
Law
regulation
crimes
Celsius
Judge gives US prosecutors until Oct. 3 for discovery in case against Alex Mashinsky
Attorneys with the United States Department of Justice have extra time to make discovery and give former Celsius CEO Alex Mashinsky’s defense team time to review related documents.
25.07 / 18:47
25.07 / 15:09
Citi
T-Mobile
show
Dave
fall
Dave Chappelle Tour 2023: Tickets and Fall dates revealed; here’s the full list
Dave Chappelle has announced the dates for his stand-up comedy tour this fall. Chicago and New York are two of the major cities in his 12-city tour in the US. He will present his stand-up act in the ‘Dave Chappelle Live’ tour on October 4, 2023, at the United Center in Chicago.
25.07 / 14:39
25.07 / 13:55
business
Adoption
Artists
Auction
Sotheby’s blockchain Gen Art program shows tech taking a back seat to art
Sotheby’s is making moves. The same fine art auction house behind several recent major nonfungible token (NFT) sales has just made the Met Breuer’s old Madison Avenue building its home, and on July 26, it’s launching an on-chain Gen Art Program powered by generative art platform Art Blocks.
25.07 / 08:43
MET
CEO
JPMorgan reimbursed Jes Staley for trips to meet Jeffrey Epstein, court documents claim
Former JPMorgan executive Jes Staley had his trips reimbursed by the bank when he met with the convicted late sex offender Jeffrey Epstein.
25.07 / 07:05
UPS
PwC
Deloitte
performer
reports
US regulator reports rising number of flawed audits
New York | US regulators have seen a jump in the number of flawed audits carried out by global accounting firms, according to figures released on Monday night (Tuesday AEST) that point to the difficulties of high staff turnover and hybrid work.
25.07 / 04:45
Art
VISA
JPMorgan
Chase
SPY
JPMorgan ignored Epstein's 'nymphettes,' US Virgin Islands says
NEW YORK (Reuters) — The U.S. Virgin Islands unveiled new accusations against JPMorgan Chase (NYSE:JPM) over the bank's ties to former client Jeffrey Epstein, including executives discussing how the disgraced late financier surrounded himself with «nymphettes.»
25.07 / 00:17
24.07 / 23:49
NASDAQ
DOW
Manufacturing
BlackRock
Fed rate hike
Stock market today: Wall Street rises ahead of what's hoped to be the last Fed rate hike for a while
Wall Street ticked higher to start a week full of updates on where interest rates and profits for the stock market’s most influential companies are heading
24.07 / 23:15
24.07 / 23:15
performer
Rithm Capital to acquire hedge fund Sculptor for $639 million
NEW YORK (Reuters) — Asset manager Rithm Capital has agreed to acquire hedge fund firm Sculptor Capital Management (NYSE:SCU) for $639 million, the companies said in a statement on Monday.
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