Icahn Fined for Hidden Loans
The Securities and Exchange Commission (SEC) announced on Monday that billionaire activist investor Carl Icahn illegally failed to disclose billions of dollars in personal margin loans secured against his Icahn Enterpris...
RXO’s Billion-Dollar Move
United Parcel Service and third-party logistics provider RXO struck a deal on Sunday. It matters more for RXO — and its stock.
UPS said it is selling the third-party logistics provider&...
Wall Street’s Verdict
Wall Street's latest ratings on Solventum and GE HealthCare Technologies offer valuable insights into evaluating spinoff companies.
Analyst Ratings
Goldman Sachs analyst David Roman initiated coverage on Solventum, rece...
Global Stock Boom
Global stock markets are experiencing a significant surge, with many indexes nearing and surpassing record highs. This trend has prompted analysts to reconsider the traditional investment strategy of "...
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...
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...
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'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...
Wells Fargo's Battle
Wells Fargo is pushing for the dismissal of a lawsuit brought by its former CEO, Timothy Sloan, who claims the bank owes him $34 million in compensation. Sloan filed the lawsuit in December, alleging that the bank reneged on pro...
Goldman Sachs Shines
Goldman Sachs Group Inc.’s stock surged by an impressive 3.7% in premarket trade on Monday, following a stellar first-quarter earnings report. The bank reported a remarkable net income of $3.93 billion, marking a...
Logistics Disruption
The landscape of air cargo logistics is shifting as United Parcel Service (UPS) steps into the role of primary air cargo provider for the United States Postal Service (USPS), marking the end of a longstanding partnership between...
Tesla's Quest
The discourse surrounding Tesla's stock price has intensified in recent times, with mounting scrutiny directed towards its seemingly lofty valuation juxtaposed against concerns regarding its performance and growth trajectory.
Comparat...
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...
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...
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...
Resounding Justice
Maplewood-based manufacturing powerhouse 3M has recently announced a groundbreaking $6 billion settlement to resolve a lawsuit filed by over 200,000 veterans. These veterans claimed that the company's military-grade earplugs, mark...
Disney's Bumpy Ride
After a short retirement, Bob Iger's comeback to Disney nine months ago was a relief for the company and shareholders. His return felt like a dependable "Dad" restoring order. With a t...
Major Stock Moves
Witness Monday's rising stock futures following the S&P 500's impressive month of gains. Stay tuned as Wall Street focuses on earnings from tech giants Apple and Amazon.com, along with the highly anticipated monthly U.S. jobs r...
Tesla's Stock Skyrockets
Tesla, Inc. (NASDAQ:TSLA), a leading electric vehicle manufacturer known for its innovative technology and sustainable vision, has witnessed a remarkable surge in its stock performance this year. With nearly doubled value, T...
Stock Meltdown
Advance Auto Parts Inc., a top auto parts seller, saw its stock prices decline on Wednesday due to disappointing Q1 earnings, reduced dividend, and lowered full-year outlook amidst intense pricing competition.
Stock Performance and T...
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
