News of New York

Oprah Interview, Vegas Sphere: Harris Campaign's $1B Spending
9 December 2024
716
The Billion-Dollar Defeat Kamala Harris’ presidential campaign spent an unprecedented $277 million during the final weeks of the 2024 election, aiming to energize voters through celebrity-packe...
Harris Paid $1M to Oprah's Production Company: Campaign Finance Records Reveal
8 December 2024
829
$1B Loss Under Fire Vice President Kamala Harris’ 2024 campaign, which spent over $1 billion in a failed election bid, is facing heightened scrutiny over its financial decisions. New Federal Election Commission records confirm her campaign pai...
Ex-FTX Exec Caroline Ellison Seeks Leniency Before Sentencing in Fraud Case
23 September 2024
2914
Ellison Seeks No Prison Former FTX executive Caroline Ellison, embroiled in one of the largest financial fraud cases in history, argues she deserves no prison time for her role. Federal prosecut...
OnlyFans Owner Earns $1 Billion in Dividends Over Three Years
6 September 2024
3483
OnlyFans Owner Cashes in Big Leonid Radvinsky, the mastermind behind OnlyFans Ltd., has seen remarkable financial success, amassing an impressive $472 million in dividends over the past year alone. T...
HSBC and Barclays Cut 5-Year Fixed Mortgage Rates to Under 4%
7 August 2024
2645
Mortgage Rates Plunge Below 4% A new mortgage price war has erupted among some of the UK’s largest lenders, driving headline fixed rates below the critical 4% threshold. Key Players and Offers HSBC: Premier banking customers can ...
Microsoft IT Outage: Global Impact & CEO’s Apology
20 July 2024
3035
The Digital Dark Age On an ordinary Friday, the world was thrown into chaos. A single software update from CrowdStrike, a leading cybersecurity provider, triggered a global tech outage. This incident laid bare the vulnerability of our digital infras...
Bob Iger and Bay Eyeing Majority Stake in Angel City for $250M
3 July 2024
3050
Investment in Women’s Soccer In a move that doubles the value of the leading women’s sports franchise, Disney CEO Bob Iger and his wife, Willow Bay, are on the brink of a $250 million investment in Angel City FC. This development, initia...
Ubisoft Stock Dips as Earnings Outlook Falls Short
16 May 2024
2705
Ubisoft's Bumpy Start Ubisoft Entertainment's shares plummeted following the release of disappointing guidance for the current quarter, signaling a sluggish start to the new fiscal year despite a strong finish in fiscal 2024. The stock price of Ubi...
Jay-Z's Venture Capital Firm in Talks for $1B Merger Deal
10 May 2024
4770
Marcy and Pendulum Established in 2018 by rap mogul Jay-Z, Marcy Venture Partners (MVP) has swiftly carved a niche in venture capital focusing on sustainability, inclusivity, and empowerment. The firm aims to suppo...
Macau Momentum Drives MGM Stock Higher with Wall Street's Earnings Praise
2 May 2024
2846
MGM Resorts Surges in Q1 MGM Resorts International reported a strong first-quarter performance, with adjusted earnings of 74 cents per share, surpassing analysts' expectations of 56 cents per share. Net revenue grew up 13% to $4.4 billion, outp...
HSBC CEO Noel Quinn's Surprising Resignation After Nearly Five Years
30 April 2024
3037
Leadership Shake-Up at HSBC HSBC, Europe’s largest bank, has made headlines with the unexpected retirement announcement of Group Chief Executive Noel Quinn. This news coincides with the release of the bank's first-quarter financial results, re...
Hertz Surpasses EV Sales Target by 10,000 Units Despite Significant Loss
25 April 2024
2949
Hertz's Shocking Slide Hertz Global Holdings Inc. saw its shares continue their descent on Thursday, following the disclosure of its Q1 financial results. The results unveiled a larger-than-anticipated loss and an augmented strategy to divest its el...
Klarna Secures Key Payment Partnership with Uber ahead of Highly Anticipated IPO
24 April 2024
2962
Klarna and Uber Forge Global Payment Revolution Klarna, the Swedish financial technology firm, has forged a groundbreaking global partnership with ride-hailing giant Uber, aiming to transform the payment ...
Boeing's Expenditure: $546K on Executive Luxury Flights Amidst Company Challenges
22 April 2024
2782
Boeing's Jet Set Boeing, reeling from safety problems and huge financial losses, faces backlash over revealing lavish executive perks. Recent disclosures show $1.9 million spent on personal air travel for top executives since 2021, exacerbating its ...
Massive Company Stock Sell-Off: Bezos, Black, Dimon, Walton Family Cash Out $11 Billion
28 February 2024
4678
Inside the Billionaire Exodus As the market scales dizzying heights, a wave of high-profile figures is seizing the opportunity to offload hefty chunks of their company shares. From tech titans to financial moguls, the sell-off frenzy is hitting head...
Five-Year Probe: Trump's Persistent Fraud Investigation
18 February 2024
4219
Trump's Financial Reckoning In a decisive blow to the once-mighty empire of Donald Trump, justice has finally caught up with the former magnate. Like a relentless storm, the verdict targets the very pillars of his influence: his wealth, his esteemed...
Boeing Faces Shareholder Lawsuit After MAX 9 Crisis
1 February 2024
4306
Разгром 737 MAX Boeing , известный производитель самолетов, в настоящее время находится под пристальным вниманием из-за обвинений со стороны акционеров. Они утверждают, что компания поставила прибыль выше безопасности и ввела инвесторов в заблуждени...
UPS Cuts 12,000 Jobs, CEO Tomé Aims for $1B Savings Amid Shipping Slump
31 January 2024
4324
UPS Plunges United Parcel Service (UPS) recently announced a substantial workforce reduction in response to declining package volumes worldwide. CEO Carol Tomé highlighted this move during an earnings call, aiming to tackle financial challeng...
Plug Power's Uphill Battle: Analyst Warns of Increasing Challenges
24 January 2024
4250
Navigating the Energy Maze Plug Power Inc. experienced a remarkable 31% surge in its shares on Tuesday following the announcement of a new funding arrangement in the alternative energy sector. Despite this, BMO Capital Markets analyst Ameet Thakkar ...
Atos Considers Asset Sales and Adjusts Terms for Tech Foundations Sale
28 November 2023
3515
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...
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