New York Financial News

12.07 / 13:03

Amazon Action Fighting Amazon union is sued by organizers and former leaders seeking a new election for union officers

The union that successfully organized an Amazon warehouse in New York is being sued by a splinter group that includes some former leaders

12.07 / 10:01

BLOCK Puzzle Yellow Wordle 753: Clues, answer to today's word puzzle for July 12

Wordle is an internet-based word puzzle available on The New York Times website. The game is accessible globally. Wordle was earlier designed by Engineer Josh Wardle for his partner who loved word games. Wordle is currently one of the most-played online games across the globe. It does not require any login or sign-up formalities.

12.07 / 09:31

SoftBank NVIDIA Commodities Merger reports Nvidia considering anchor investor role for Arm - reports

One or more anchor investors ahead of its New York listing would help support Arm's stock as its parent company, SoftBank, which bought Arm for £24bn ($32bn) in 2016, sells down its stake.

12.07 / 06:09

defi Hackers hacks crimes Cybercrime Exploit New York prosecutor charges hacker over $9M exploit of Solana-based exchange

A former security engineer for an international technology firm has been arrested and charged for allegedly using a smart contract bug to steal $9 million in cryptocurrency from a Solana-based decentralized crypto exchange.

12.07 / 05:35

Digital SoftBank SoftBank considering US listing for PayPay payments business

SoftBank is considering a U.S. listing for its PayPay payments business, three sources familiar with the matter said, in what could mark another American listing for Masayoshi Son's sprawling tech conglomerate along with chip designer Arm. New York is seen as a more attractive destination than Tokyo given the higher valuations tech companies generally achieve, one of the sources said.

12.07 / 03:21

UPS Lowe's Exodus Florida raking in billions as Americans abandon high-tax states

DeBianchi Real Estate’s Samantha DeBianchi gives her take on the new mansion tax in NYC and the great tax exodus.

12.07 / 03:17

Waters Continental Discover Fossilised remains of aquatic predators are to be auctioned off at Sotheby's in July

The fossilized skeletons of an aerial predator with a 20-foot (6-meter) wingspan and an aquatic reptile with a snake-like neck will be auctioned in New York this month, Sotheby's announced Tuesday. The two creatures, both tens of millions of years old, will be sold July 26 in the latest sale of prehistoric fossils from the auction house that launched a new era of fossil auctions by selling a Tyrannosaurus rex named Sue in 1997. «More than 25 years since the groundbreaking sale of Sue the T.

12.07 / 02:59

COST UPS Target Reuters Williams CME inflation data Gold rises on softer dollar, yields ahead of US inflation data

Gold prices edged higher on Wednesday after the greenback and bond yields retreated as investors cautiously awaited U.S. inflation data that could offer more cues on the Federal Reserve's rate-hike policy path. * Spot gold rose 0.2% to $1,935.39 per ounce by 0053 GMT.

11.07 / 22:19

Law regulation Grayscale Court Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust

Grayscale Investments has reached an agreement with New York-based investment firm Fir Tree Capital Management over its Bitcoin Trust.

11.07 / 20:25

UPS Citi Provident Lowe's Progressive Fighting Low Dollar dives to two-month low, pound scale 15-month peaks on wage growth data

By Gertrude Chavez-Dreyfuss

11.07 / 20:25

UPS Lowe's Oil up over 2% on dollar stumble, demand pre-U.S. inventory report

Investing.com — The push and pull in crude prices continues with Tuesday’s rally triggered by the dollar’s drop to two-month lows and optimism ahead of the U.S. government’s weekly oil consumption-supply report.

11.07 / 18:29

Reuters Amazon Manufacturing Nike Adidas lawmakers Bipartisan lawmakers question Milwaukee Tool on alleged forced labor in supply chain

By Katherine Masters

11.07 / 18:15

regulation crimes Donations FTX US authorities are investigating former FTX exec for potential campaign finance violations: Report

Prosecutors in New York are reportedly looking into former FTX Digital Markets co-CEO Ryan Salame for potential violations of campaign finance law in the United States.

11.07 / 16:53

UPS Microsoft Software Halliburton fall WD-40, Payoneer Global rise; Viridian, Equitrans fall, Tuesday, 7/11/2023

Stocks that are trading heavily or have substantial price changes Tuesday: WD-40, Payoneer Global rise; Viridian, Equitrans fall

11.07 / 15:49

Microsoft NASDAQ CEO Microsoft announces more job cuts after January layoffs

Simpler Trading VP of Options Danielle Shay tells ‘Making Money with Charles Payne’ that Microsoft has a strong impact on the S&P and the NASDAQ and argues that it can ‘carry stocks higher.’

11.07 / 15:35

UPS Lowe's NASDAQ DOW 500 inflation data S&P 500, Dow rise ahead of monthly inflation data

By Johann M Cherian and Bansari Mayur Kamdar

11.07 / 15:33

Twitter Aware CEO Pool Sam Nuclear startup Oklo to go public in US via Sam Altman's SPAC

OpenAI - the AI startup behind the viral chatbot ChatGPT - co-founded AltC Acquisition Corp, with Churchill Capital in July 2021, and has served as its CEO and chairman of Oklo. The deal comes as climate awareness and investor interest in sustainable business practices have surged with money managers looking to factor in environmental social governance (ESG) policies, according to the report.

11.07 / 15:29

UPS BLOCK Microsoft Mobile Tencent Sony US court Activision Microsoft wins US court nod to buy Activision in FTC loss

Microsoft Corp. won a court’s okay to move forward with its $69 billion deal to buy Activision Blizzard Inc., defeating an effort by the US Federal Trade Commission to block the largest ever gaming deal. The decision by Judge Jacqueline Scott Corley in San Francisco means Microsoft can seek to close its merger with Activision ahead of a July 18 deadline everywhere except for the UK, which vetoed the deal in May.

11.07 / 14:59

Crime wallet Legal Theft DOJ Charges 25-Year-Old with Stealing $450,000 in NFTs and Crypto from OpenSea

A Moroccan man, Soufiane Oulahyane, aged 25, has been charged by the Department of Justice (DOJ) for his alleged involvement in stealing approximately $450,000 worth of cryptocurrency and non-fungible tokens (NFTs).

11.07 / 14:07

regulation companies SVB Bankruptcy Silicon Valley Bank SVB's former owner sues US banking watchdog to recover $1.9bn

The cash balance, which is held in an account at its banking subsidiary, has been described as “the most significant asset” of the SVB Financial estate, the group said.

11.07 / 13:39

Provident Citizens Extreme CEO Action Racing Parke Red Hot Chili Peppers, Ms. Lauryn Hill and Megan Thee Stallion will headline Global Citizen Festival

Red Hot Chili Peppers, Ms. Lauryn Hill and Megan Thee Stallion will headline this year’s Global Citizen Festival, as the anti-poverty nonprofit looks to focus attention on increasing inequality for girls and young women around the world

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