05:34
Traffic jam:   0
$
93.4419
99.7264
Business

Business

IKEA's $1.1 Billion Strategy: Slashing Prices Amid Global Deflation for Crisis Resilience
29 November 2023
2957
The IKEA Effect For those accustomed to frequent shopping, the recent years may have involved skillful navigation through store aisles and bracing for potential price increases on beloved items like sandwiches, eggs, or home decor. Encouragingly, a ...
Atos Considers Asset Sales and Adjusts Terms for Tech Foundations Sale
28 November 2023
2939
Tech Foundations Shake-Up In a press release on Tuesday, Atos outlined its strategic measures aimed at reinforcing its financial stability. The company is actively considering asset sales and engaging in discussions with Czech billionaire Danie...
Netflix Sci-Fi Series Budget Misuse: Director Invests Millions in Stocks, Crypto, and Luxe Cars
23 November 2023
2908
Netflix's Millions In a startling revelation recently reported by The New York Times, filmmaker Carl Erik Rinsch, renowned for directing "47 Ronin," finds himself at the center of an investigation. Allegations suggest that R...
Abercrombie & Fitch's Outlook Soars with 20% Quarterly Sales Surge
21 November 2023
2897
Breaking Expectations Abercrombie and Fitch is on a triumphant rebound, defying industry slowdowns with a remarkable 20% surge in sales. This stellar performance, driven by a robust back-to-school shopping season and notable growth in both its flag...
Microsoft Employs Sam Altman as OpenAI's New CEO: In-Depth Inquiry into His Departure Promised
20 November 2023
2992
The Altman Affair Microsoft's new AI initiative includes OpenAI leaders Sam Altman and Greg Brockman. Emmett Shear, the new CEO of ChatGPT's creator, pledges to address tensions following Altman's de...
Palo Alto's Billings Explanation: Debates and Doubts Surface
16 November 2023
3148
Decrypting Palo Alto's Plunge Palo Alto Networks (ticker: PANW) witnessed a 6.3% decline in premarket trading, landing at $240.00, as the market grappled with its lower-than-expected billings. While the cybersecurity company attributed this to accom...
Wonder Group Secures Blue Apron in $103M Deal by Investor Mark Lore
13 November 2023
3190
Blue Apron's Renaissance Wonder Group, led by serial entrepreneur Marc Lore, has successfully acquired Blue Apron Holdings in a $103 million deal, securing the future of the renowned m...
WeWork's Bankruptcy under SoftBank's Ownership: A Former US Startup Leader
7 November 2023
3539
WeWork's Rise and Fall WeWork, once the poster child for the office-sharing revolution and a SoftBank-backed juggernaut, has sought refuge in U.S. bankruptcy protection, recognizing the adverse impact of costly leases and a workforce increasingly em...
Entertainment Giants' Earnings Reports and Investor Expectations
5 November 2023
3621
Showtime in the Stock Market Netflix and Paramount Global recently reported stock gains and Disney, Warner Bros. Discovery, Lions Gate Entertainment, and AMC Entertainment are set to reveal results, showing signs of industry growth, but potential vi...
Ex-Wikimedia Executive Appointed as Web Summit's CEO
30 October 2023
3637
Leadership Change at Web Summit Tech conference powerhouse, Web Summit, has announced Katherine Maher as its new Chief Executive Officer, succeeding Paddy Cosgrave. Maher, renowned for her previous r...
Tucker Carlson's Media Company Secures Inaugural Advertising Partnership
24 October 2023
3808
Tucker Carlson and PublicSq Tucker Carlson's Last Country media venture has secured a $1 million advertising deal with conservative shopping app Public Square, confirmed by PublicSq.'s CEO, Michael Seifert. This collab...
Disney Nearing Multibillion-Dollar India Deal with Reliance
23 October 2023
3715
Ambani's Ambition Reliance Industries Ltd., led by Asia's wealthiest tycoon, Mukesh Ambani, is reportedly in advanced talks for a significant transaction. According to insiders, they are close to finalizing a cash and stock deal to acquire Walt Disn...
Green Bay Metro: Keeping Fares Steady While Pursuing Expansion Funding
19 October 2023
3681
Revolutionizing Public Transit Green Bay Metro officials are currently engaged in discussions to outline the city's transit system goals for the next five years. This meeting was prompted by concerns raised by the community, including bus delays and...
Catherine  Wood's $2 Million Tesla Withdrawal Preceding Q3 Earnings
17 October 2023
3759
Price Wars and Profit Projections As we approach the eagerly anticipated date of October 18 for Tesla's (TSLA) third-quarter earnings report, the investor community is buzzing with a blend of optimism and concern. Let's delve into the key factors in...
J.M. Smucker Utilizes Corporate Bonds to Finance Hostess Brands Deal's Cash Component
12 October 2023
3809
J,M. Smucker's Bittersweet Deal J.M. Smucker Co., known for its popular food brands like Folgers, Smuckers, and Meow Mix, is making strategic moves in the corporate bond market. The company aims to secure funding for its $5....
Reduced Room for Detroit's Economic Flexibility Due to High UAW Wages
11 October 2023
3680
High Stakes Detroit's unionized auto workers, despite their pending wage increase, are among the world's highest-paid employees when considering benefits such as healthcare. Their employers currently have the financial capacity, but these elevated l...
Study Reveals Casino Industry's $329 Billion Economic Boost in the United States
10 October 2023
3819
Casino Powerhouse A recent American Gaming Association study unveils the U.S. casino industry's remarkable annual contribution of $329 billion to the national economy, signaling robust growth of 26% since 2017, prior to the pandemic. This industry ...
Tesla's Stock Shock: Q3 Performance in Turmoil
4 October 2023
3821
Tesla's Shocking Q3 Performance Tesla, a leading electric vehicle (EV) company, faces stock market turbulence as it nears the Q3 2023 earnings report. Despite early September growth, TSLA stock has been consistently volatile, with Q3 deliveries fall...
Ford and GM Temporarily Lay Off 500 Workers Amid UAW Strikes
3 October 2023
3676
UAW Strikes Shake the Auto Industry The automotive industry is facing significant workforce reductions as United Auto Workers (UAW) strikes persist. Ford's Layoffs On Monday, Ford announced layoffs affecting approximately 330 employees&n...
Top Stock Market Influencers: Nike, Tesla, Ford, GM, Carnival, Bumble, and More
29 September 2023
3580
Brewing Success On Friday, stock futures are indicating a positive start as Wall Street eagerly anticipates the latest U.S. inflation data, concluding what has been a challenging month for equities this year. Key highlights for Friday Nike's stock...
Companies rating
Tesla
14 Mention
Instagram
14 Mention
Walt Disney Company
12 Mention
Netflix
11 Mention
JP Morgan Chase
10 Mention
Amazon
10 Mention
Ford Motor Company
10 Mention

NEW YORK NEWS

News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director
Population
8116823188
Died this year
17123342
Born this year
42126452