The Battle for Energy
PepsiCo (PEP) and Coca Cola Company (KO) dominate the beverage industry, aiming to expand and remain competitive. Through smart acquisitions and deals, they've seized opportunities in the booming energy drink market.
Acquisiti...
Proxy battle erupts
Carl Icahn accused Illumina's board of ignoring shareholder questions and being evasive due to their reliance on big shareholders for protection.
Illumina is a biotechnology company that provides tools for genetic analysis. The ...
Broadcom's VMware takeover
The $61 billion acquisition of VMware by Broadcom is currently under investigation by the European Commission and the Competition and Markets Authority in the UK. The deal has raised concerns ...
A deal between two companies
L3Harris has announced a $4.7bn agreement to acquire rocket engine specialist Aerojet Rocketdyne.
The company notes that the acquisition of the rocket engine manufacturer will allow it to "...
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 ...
Chances of Jerome Powell staying on for a second term
Last week, Fed Chair Powell came under heavy criticism from Senator Elizabeth Warren. Market forecasts showed Powell's chances of reappointment declining. Here's wha...
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...
The rise of fraud
According to the Federal Trade Commission, losses to victims of fraud related to the Covid virus have risen above $500 million, as scammers defraud people using a variety of deception schemes ranging from online shopping, travel, e...
Deal delayed
The biggest deal in Nvidia's history and one of the biggest in the tech industry, Nvidia's merger with UK-based Arm, could be delayed indefinitely because of China's antitrust investigation. Since Arm has subsidiaries in other countries...
Cryptocurrency markets
Fraud is thriving in cryptocurrency markets as bitcoin's rapid growth, lack of regulation and the anonymity of digital assets have created a breeding ground for cybercriminals. According...
Takeover bid
Nvidia (NASDAQ:NVDA) has filed an application with Chinese antitrust authorities to review a $40 billion takeover of UK chip developer Arm, currently owned by Japanese tech giant SoftBan...
Case closed
Qualcomm has been in a legal dispute since 2017 with the US Federal Trade Commission (FTC), which accused the company of abusing its dominant position in smartphone chips.
Qualcomm's (QCOM) licensing practices have been t...
Sales lawsuit
The antitrust authorities of the USA and Europe have already checked the acquisition transactions of the social network Instagram and WhatsApp and found no violations. The new process is a review of history, Facebook noted.
...
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