New York
Another top aide to New York City mayor resigns amid federal probe
Embattled New York City Mayor Eric Adams said Monday that he’s accepted the resignation of his deputy mayor for public safety, Philip Banks, the latest senior official to leave as the mayor fends off an indictment and calls to step down. Adams said on TV station NY1 that Banks had told him Sunday that “he […]
Read More
Online retailer Shein to hold roadshows soon ahead of London IPO, Reuters reports
The logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering, three sources with knowledge of the matter said, pushing ahead with preparations […]
Read More
Facebook parent Meta rehired worker after he stalked a coworker for over a year, lawsuit says
A logo of US company’s Meta is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center in Paris, on May 22, 2024. Julien De Rosa | Afp | Getty Images A former Meta staffer who was placed on a “Do Not Hire” list after he stalked and harassed […]
Read More
East and Gulf Coast ports strike, with ILA longshoremen walking off job from New England to Texas, stranding billions in trade
Shipping containers sit stacked in the Port of Newark on September 30, 2024 seen from New York City. A massive strike shutting down ports across the East and Gulf coasts began at midnight as members of the International Longshoremen’s Association continue to make salary and other demands to the United States Maritime Alliance, which controls […]
Read More
East Coast port strike: Truckers, rails scramble to move billions in cargo before ILA union midnight shutdown
Shipping containers stacked at a storage yard outside of the APM Terminals yard at the Port of Mobile in Mobile, Alabama, US, on Saturday, Sept. 28, 2024. Micah Green | Bloomberg | Getty Images With a potential strike at ports up and down the East Coast and along the Gulf Coast set to begin after […]
Read More
Eric Adams arrives for arraignment on federal corruption charges
New York City Mayor Eric Adams arrived in federal court in Manhattan on Friday morning for his arraignment on criminal charges of receiving illegal campaign donations and undisclosed luxury travel gifts while doing favors for Turkey’s government and Turkish businessmen. Adams, 64, was charged in a five-count indictment unsealed Thursday alleging conspiracy, bribery, wire fraud, […]
Read More
Eric Adams federal probe hones in on little-known Turkish businessman
Federal prosecutors have honed in on ties between New York City Mayor Eric Adams and little-known Turkish businessman Enver Yucel, CNBC has learned from the indictment and other public records, including campaign finance documents. A federal indictment unsealed on Thursday describes a 2021 campaign fundraising scheme involving Adams, his team and a person only identified in the […]
Read More
Trump’s 10% credit card interest cap could hurt borrowers, experts say: ‘Access to credit would dry up’
Republican presidential nominee, former U.S. President Donald Trump arrives for a campaign event, his first since a man carrying a rifle was arrested Sunday near where Trump was playing golf at his club in Florida, in the Dort Financial Center on September 17, 2024 in Flint, Michigan. Scott Olson | Getty Images Former President Donald […]
Read More
Watch: Biden speaks at the United Nations General Assembly in New York
[The stream is slated to start at 10:00 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden addresses the United Nations General Assembly for the final time in his presidency, with a speech that will attempt to tout his administration’s foreign policy achievements against […]
Read More
Biden’s UN speech will highlight his diplomatic successes, amid wars in the Middle East, Ukraine, Sudan
U.S. President Joe Biden addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023. Brendan Mcdermid | Reuters President Joe Biden will attempt to square the diplomatic achievements and goals of his presidency with the grim reality of wars in the Middle East, Ukraine and Sudan during a […]
Read More