New York
Walmart fined for shipping realistic toy guns to New York, violating state law
New York Attorney General Letitia James holds a press conference following a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York State for three years, in the Manhattan borough of New York City, U.S., February 16, 2024. David Dee Delgado | Reuters […]
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Xpeng shares rise, adding to 66% rally after the Chinese EV maker’s losses narrowed
An Xpeng booth at the 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Xpeng shares jumped as much as 6% in premarket trading in New York, after the Chinese electric vehicle upstart reported first quarter earnings that were ahead of expectations. The […]
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Wynn Resorts drops bid for NYC casino license
Wynn Resorts is dropping its bid to land a casino license in New York. The company said Monday it has become clear through the rezoning process that there are better uses for its capital. Wynn had partnered with Related Companies to develop an integrated casino resort in the posh Hudson Yards neighborhood of Manhattan, where […]
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Steve Cohen says stocks could retest their April lows, sees a 45% chance of recession
Steve Cohen said Wednesday he sees the possibility that stocks could retest their lows from April following the market’s dramatic comeback. “I don’t expect, you know, a significant decline. I think this is possible we can go back toward the lows which is 10%, 15% [from here] so it’s not a calamity,” the founder of […]
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New York AG sues Capital One after Trump-led CFPB drops similar case
Key Points New York Attorney General Letitia James sued Capital One on Wednesday, accusing the bank of “cheating” customers out of millions of dollars in interest payments. The suit mimics litigation by the CFPB, which was dropped in February under the Trump administration. “Big banks are not allowed to cheat their customers with false advertising […]
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Art market offers investors ‘escape’ from volatile stocks, Christie’s CEO says
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The art market is about to face its biggest test since the November elections, with more than $1 billion of work […]
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Trump pulls surgeon general nominee Janette Nesheiwat after questions about medical education
US Vice President JD Vance, from left, Pam Bondi, US attorney general, Chris Wright, US energy secretary, Janette Nesheiwat, US surgeon general nominee for US President Donald Trump, and Lee Zeldin, administrator of the US Environmental Protection Agency (EPA), during a cabinet meeting at the White House in Washington, DC, US, on Wednesday, Feb. 26, […]
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Why U.S. air traffic control is stretched so thin — and the fight to fix it
An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers have been under strain for years, but a 90-second equipment failure last week exposed how decades of staffing shortages, underinvestment and patchwork solutions for those who guide planes […]
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Air traffic controllers couldn’t see or talk to planes in equipment failure that led to Newark meltdown
People wait in line for a delayed flight at Newark International Airport on May 5, 2025 in Newark, New Jersey. Spencer Platt | Getty Images Air traffic controllers lost contact with aircraft heading to and from Newark Liberty International Airport last week, their union said, detailing an equipment failure that led to massive flight delays […]
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Luigi Mangione pleads not guilty in federal court to murder of UnitedHealthcare CEO
Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, appears in Manhattan Supreme Court on New York state murder and terrorism charges in New York City, U.S., Feb. 21, 2025. Curtis Means | Via Reuters Luigi Mangione pleaded not guilty Friday in New York federal court to the murder of […]
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