News of New York

Elon Musk's Motivations: Insights from Biographer's 3-Year Journey
18 July 2023
3833
The Elon Musk Effect For the world's richest person, Elon Musk, money is not the sole driving force. Walter Isaacson, Musk's biographer, who spent three years trailing him for an upcoming book, reveals that there are numerous eccentricities and moti...
Jim Cramer Predicts Market Contraction as Federal Reserve Halts Rate Hike
15 June 2023
4230
Fed's Pause Sparks Panic Selling Jim Cramer, a renowned CNBC expert, provided valuable investor insights on Wednesday concerning the recent Federal Reserve meeting. The Fed's announcement of a temporary rate hike pause, along with indications of pot...
How Vivek Ramaswamy's Firm is Courting GOP Officials to Keep Businesses Away from Politics
12 May 2023
3970
The two-fаced campaign Introduce Vivek Ramaswamy and his campaign message urging companies to stay out of politics. However, private emails obtained by watchdog Documented and reviewed by CNBC reveal that Strive Asset Management, the asset manageme...
Binance exchange stops withdrawal of cryptocurrency because of FTX collapse
13 December 2022
4178
FTX collapse The world's largest cryptocurrency exchange, Binance, has suspended USDC digital currency withdrawals from customer accounts due to growing investor concerns amid the bankruptcy of the FTX exchange. Th...
General Motors suspended its Twitter ads after Elon Musk bought the service
29 October 2022
3594
Ads from carmaker General Motors (GM) will suspend advertising on microblogging service Twitter (TWTR) in connection with the acquisition of the site by billionaire SpaceX and Tesla founder Elon Musk. It was reported by CNBC. According to media rep...
Global investors start buying Chinese stocks as market falls
17 February 2022
3640
Buying stocks International investors are putting more money into Chinese equities, even as local investors are being cautious in mainland Chinese markets. This was reported by CNBC, citing rese...
Mark Zuckerberg lost from Forbes top 10 richest people
4 February 2022
3688
Mark Zuckerberg in 12th place Meta founder Mark Zuckerberg has slipped to 12th on the list of the world's richest people, amid a decline in his company's share price on Thursday. This is according to Forbes' real-time billionaire ranking. His fortu...
Luminar shares up 16%
21 January 2022
3950
Luminar on the stock exchange Shares in US lidar maker Luminar Technologies jumped 16% to $15.63 a share in early trading on the back of its partnership with Mercedes-Benz. NASDAQ trading data showed this. According to a press releas...
Amazon to open its first clothing retailer in 2022
20 January 2022
3818
Amazon as a fashion shop US corporation Amazon will open its first Amazon Style apparel retail shop this year and it will be located in Los Angeles, California. This is according to a press release posted on the company's website on T...
Pfizer's Omicron vaccine will be ready in March
10 January 2022
9390
Omicron vaccine U.S. company Pfizer said that a vaccine that is adapted to the omicron strain of coronavirus will be ready in March 2022. Pfizer CEO Albert Bourla announced this on Monday. "This vaccine ...
FTC sues Nvidia to block deal with Arm
3 December 2021
3729
Lawsuit against Nvidia The Federal Trade Commission (FTC) is suing the NVDA to block an agreement to merge ARM, the largest-ever corporate semiconductor merger. Analysts believe the authorities will block the ...
Comic-Con returns to New York
9 October 2021
4260
Comic-Con is back Fans of comic books and superhero movies returned to the Javits Center in New York on Thursday. Comic-Con, which was a virtual event due to the Covid virus last year, has returned to the Big Apple once again. Participants expresse...
U.S. debt default could trigger another recession
6 October 2021
3793
What a US debt default would mean for the market Congress is approaching the mid-October deadline to raise or suspend the debt ceiling, but Democrats and Republicans on Capitol Hill are in a sta...
Google lowers cloud platform fees in battle against AWS and Microsoft
28 September 2021
3698
Struggling with AWS and Microsoft Google's cloud platform will lower fees from software developers to expand its range of offerings to customers and better compete with Amazon AWS and Micro...
Trading stocks on PayPal can become source Income
2 September 2021
4138
Income from share trading PayPal is preparing to launch an equity trading platform, a continuation of its efforts to diversify and expand its business. PayPal already has a cryptocurrency trading option and is aiming to become a 'super app' for fina...
Japan's SoftBank has sold $14bn worth of shares in its portfolio and TSMC has become Asian's largest capitalisation
20 August 2021
4414
Asian news SoftBank has managed to raise more than $6 billion by liquidating its shares in companies such as Facebook, Microsoft, Alphabet, Salesforce.com and Netflix and another $4 billion in partial sales of stakes in Uber Technologies&n...
US begins work on law that would limit the power of Apple and Google app stores
12 August 2021
4130
Google and Apple app stores On Wednesday, the US unveiled the Open Application Marketplaces Act, which aims to increase competition in the app shop market, which is dominated by the Apple Store and Google Play. The Open Application Market...
DraftKings to buy Golden Nugget online casino for $1.56bn
10 August 2021
3746
DraftKings & Golden Nugget DraftKings (NASDAQ:DKNG) has decided to acquire Golden Nugget Online Gaming (NASDAQ:GNOG) for $1.56 billion, CNBC reports. Through this acquisition, DraftKings will be able to attract more than 5 million Golden&n...
Twitter has closed its US offices again after two weeks of reopening
29 July 2021
3778
Working remotely again Twitter, which owns the social networking site of the same name, has temporarily closed two offices in the US after two weeks of abandoning remote working. A company spokesperson said in a statement on Wednesday. "Twitter has...
Shares in luxury electric car maker Lucid Motors start trading on NASDAQ
28 July 2021
3816
Trading on NASDAQ Shares in Lucid Motors rose 10.6 per cent on Monday in its first day of trading on the NASDAQ exchange. The company has become the fourth most valuable electric car m...
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