New York
Trump funding freeze challenged in lawsuit by nonprofits, small business group
U.S. President Donald Trump looks on as reporters ask questions aboard Air Force One during a flight from Las Vegas, Nevada, to Miami, Florida, U.S., January 25, 2025. Leah Millis | Reuters Non-profit groups and a small-business organization filed a lawsuit on Tuesday asking a judge to temporarily block a funding freeze ordered by the […]
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JetBlue shares tumble roughly 20% after disappointing outlook
A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways shares tumbled Tuesday after the carrier’s financial outlook disappointed investors. The New York-based airline forecast its unit costs, excluding fuel, will rise as much as 7% […]
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Boeing earnings are out – Here are the numbers
Kelly Ortberg speaks at the 14th annual U.S. Chamber Of Commerce Foundation Aviation Summit in downtown Washington, D.C. Kris Tripplaar | SIPPL Sipa USA | AP Boeing reported fourth-quarter results before the market opening on Tuesday. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Loss per share: […]
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The 15 most expensive U.S. states to retire—No. 1 requires over $2 million in savings
You need to be a millionaire just to cover basic retirement costs in 15 U.S. states, according to a new analysis by GOBankingRates. The states with the highest retirement expenses tend to also have the highest housing costs, whether it’s big-city hubs like New York and California, or Hawaii, where the natural beauty and mild […]
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American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
Silas Stein | Picture Alliance | Getty Images American Express will pay approximately $230 million to resolve a federal criminal wire fraud investigation and settle allegations of deceptive marketing, the company said Thursday. The total includes more than $138 million as part of a non-prosecution agreement with federal prosecutors in Brooklyn, New York, related to […]
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These Republicans are ready to derail Trump’s tax cuts over the SALT cap
WASHINGTON — An influential group of five House Republicans from high-tax states is threatening to hold up a major tax package that is a top priority for President-elect Donald Trump unless they get a significant boost to the amount that their constituents can deduct from federal income taxes to reflect state and local taxes already […]
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This 36-year-old sci-fi ‘nerd’ quit his banking job to start a deep space startup that has raised $24 million
Rohit Jha, 36, is the co-founder and CEO of Transcelestial. Courtesy of Rohit Jha Rohit Jha calls himself a “huge nerd.” He developed a deep love for computers, space and ultimately science fiction in his early years. Jha spent much of his childhood and adolescence coding games on a secondhand computer, star-gazing through a telescope […]
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Trump to be sentenced in New York for hush money case conviction
Former U.S. President Donald Trump attends his trial for allegedly covering up hush money payments at Manhattan Criminal Court on May 13, 2024 in New York City. Spencer Platt | Reuters President-elect Donald Trump is set to be sentenced Friday morning in his New York criminal hush money case, more than eight years after events […]
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Supreme Court rejects Trump hush money sentencing delay bid
Former U.S. President Donald Trump, alongside his attorney Todd Blanche, speaks to the media as he arrives for his criminal trial for allegedly covering up hush money payments at Manhattan Criminal Court on May 30, 2024 in New York City. Michael M. Santiago | Via Reuters The U.S. Supreme Court on Thursday denied a request […]
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Yakuza leader pleads guilty to nuclear materials trafficking, narcotics in New York
The DOJ alleges that a high-ranking member of the Yakuza, Takeshi Ebisawa, was the central figure in a plot to funnel American weapons to ethnic militias in Myanmar in exchange for heroin and meth. Ebisawa is charged with narcotics importation, money laundering and conspiracy to acquire surface to air missiles. NBC News A Japanese Yakuza […]
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