State New York Financial News

Brisbane-based battery company Redflow has won a $4.38 million deal with the United States Department of Defense to repower a solar microgrid at an airbase in New York state, in what it hopes will be a string of lucrative deals at their bases around the world.

Help-wanted advertisements in New York will have to disclose how much jobs pay under a new salary transparency law

Six Democratic governors are warning the Biden administration that offshore wind projects need more federal funding and planning assistance

Hong Kong was crowned the best-prepared jurisdiction for widespread cryptocurrency adoption in 2023, retaining its crypto-readiness prowess for the second year in a row. 

Peter Marton, the deputy superintendent of virtual currency at the New York State Department of Financial Services (NYSDFS), will be stepping down from his position at the end of this month. 

The National 4-H Council is growing in a new direction – online – by launching its e-learning platform Clover with a collaboration with Netflix and its new movie “Spy Kids: Armageddon.”

Casino operator MGM Resorts International says resorts are open despite a cybersecurity issue that led to the shutdown of its computer systems across the U.S. The FBI on Tuesday characterized its investigation as ongoing but offered no additional infor...

As the U.S. races to build offshore wind power projects that will transform coastlines from Maine to South Carolina, much remains unknown about how the facilities could affect the environment

Casino and hotel giant MGM Resorts International says a cybersecurity issue led to the shutdown of computer systems at its properties across the U.S. A statement Monday from the Las Vegas-based company said the incident began Sunday and the extent of i...

As the U.S. races to build offshore wind power projects that will transform coastlines from Maine to South Carolina, much remains unknown about how the facilities could affect the environment

A mother has filed a lawsuit against Peloton over the death of her son, who was killed when his exercise bike fell on his neck during a workout in his New York City apartment

Offshore wind farms should be one of the best solutions to the climate crisis but are turning out to be a lousy business. Getting the struggling industry back on its feet will require a new approach from companies and politicians alike. The public face of the crisis is Ørsted, a former oil and gas producer that became the world’s largest offshore wind-farm developer.

Thick, white clouds obscured the skyline at 7 a.m. on a recent weekday morning, when a ferry bound for Fishers Island, N.Y., departed New London, Conn. Carrying mail, groceries and day workers, the boat churned through slate-colored water, past the island’s rocky shoreline and into a small harbor where it docked with little fanfare about 45 minutes later.

Jung Kook, a member of BTS, will co-headline the Global Citizen Festival 2023 in New York City's Central Park on September 23. This marks his debut at the festival and his first performance at a U.S. festival, though he appeared in the GMA Summer Concert Series 2023 and attended Coachella earlier this year as a fan. Expressing his excitement, Jung Kook stated, «I'm thrilled to be a headliner at this year's Global Citizen Festival. The festival focuses on important causes and encourages action, and I'm glad to be a part of it. I look forward to performing at the Great Lawn in Central Park in front of a large audience.» The Global Citizen Festival is a ticketed event, and tickets can be obtained by taking actions to combat extreme poverty through the Global Citizen app and website. The event aims to urge world leaders gathered for the UN General Assembly in New York to address the climate crisis, promote gender equity and tackle global hunger. Jung Kook joins previously announced headliners Ms. Lauryn Hill, Red Hot Chili Peppers and Anitta. The line-up also includes Conan Gray, D-Nice, Megan Thee Stallion, Sofia Carson and Stray Kids. The festival will be broadcast and livestreamed worldwide.

The US Department of Justice (DOJ) has claimed that Sam Bankman-Fried, the disgraced founder of now-defunct crypto exchange FTX, has sufficient access to a laptop computer for his defense.

Genesis Global Trading (GGT) will close down its cryptocurrency spot trading service on Sept. 18, according to press reports. GGT is affiliated with the Digital Currency Group (DCG), but it was not affected when the parent company’s crypto lender, Genesis Global Capital, declared bankruptcy in January. 

Major US retailers have been forced to put daily use items such as toothpaste, chocolate, washing powder and deodorant under lock and key amid a spate of organized shoplifting. As consumers grapple with escalating costs of living many major retailers – including Walmart and Target - have seen their latest earnings dip significantly due to nimble-fingered patrons. Stores have now resorted to a slew of anti-theft measures – from installing transparent walls with locks on shelves and adding padlocked chains on refrigerators to scattering call buttons across aisles for staff.

The cryptocurrency world is abuzz with the latest developments surrounding FTX's founder, Sam Bankman-Fried, commonly referred to as SBF. In a move that has captured the industry's attention, SBF has made a formal plea for weekday release from his current confinement at the Metropolitan Detention Center in Brooklyn, New York. This request follows closely on the heels of a federal judge's decision to revoke his substantial $250 million bail, a decision rooted in allegations of witness tampering.

Binance is accelerating a move away from its exchange-branded stablecoin by offering incentives for customers of the world’s biggest crypto-trading platform to convert their holdings into alternatives.   

Former US President Donald Trump Thursday pleaded not guilty in case accusing him and others of illegally trying to overturn the results of the 2020 election in Georgia. "As evidenced by my signature below, I do hereby waive formal arraignment and enter my plea of NOT GUILTY to the Indictment in this case," Reuters reported as Trump saying in a court filing in Fulton County Superior Court.

SoftBank-backed British semiconductor and chip manufacturer Arm will start investor meetings next week, ahead of what is slated to be the year’s biggest initial public offering.