New York
Twitter is down
The logo and trading symbol for Twitter is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, July 11, 2022. Brendan McDermid | Reuters Twitter is down Thursday morning. While the website loads for people, users are unable to see timelines. It’s not clear how widespread […]
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Average rent in Manhattan was a record $5,000 last month
A Chelsea Tower rental apartments billboard. Jeff Greenberg | Getty Images The average monthly rent for a Manhattan apartment surpassed $5,000 for the first time — and brokers say demand and prices are headed even higher into the fall. The average apartment rent in June was $5,058, the highest on record, according to a report […]
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Chinese companies are going global as growth slows at home
Miniso opened its first flagship store in New York City’s SoHo in February 2022. Miniso BEIJING — Some Chinese consumer brands are looking for growth overseas, in markets like the U.S. and Southeast Asia. Take Miniso, a Guangdong-based seller of toys and household products. Sometimes called China’s Muji, Miniso opened a flagship store in New […]
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Founders of bankrupt crypto hedge fund 3AC go missing, as investors try to recoup assets
The entire stablecoin market is now worth more than $160 billion. Justin Tallis | AFP via Getty Images The co-founders of failed crypto hedge fund Three Arrows Capital appear to be on the run from creditors, according to court documents recently filed in New York. Lawyers representing the creditors say the physical whereabouts of Zhu […]
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Teva lied about opioid role, New York says
New York Attorney General Letitia James speaks during a press conference at the Office of the Attorney General in New York on May 9, 2022, to make an announcement about protecting access to abortion. Timothy A. Clary | AFP | Getty Images New York’s attorney general on Monday said Teva Pharmaceutical Industries lied to evade […]
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Gun applicants in New York will have to hand over social media accounts
Shooting range owner John Deloca aims his pistol at his range in Queens, New York on June 23, 2022. Ed Jones | AFP | Getty Images As missed warning signs pile up in investigations of mass killings, New York state is rolling out a novel strategy to screen applicants for gun permits. People seeking to […]
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Judge holds real estate giant Cushman & Wakefield in contempt in NY probe of Trump Organization
New York State Attorney General, Letitia James, speaks during a news conference, to announce criminal justice reform in New York City, May 21, 2021. Brendan McDermid | Reuters A New York judge held real estate services giant Cushman & Wakefield in contempt of court for refusing to comply with subpoenas issued as part of the […]
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Supreme Court won’t hear challenge to New York vaccine mandate for health care workers
Health care workers protest against being forced to get the Covid-19 vaccine on August 27, 2021, outside the New York State Office Building in Hauppauge, New York. Alejandra Villa Loarca | Newsday | Getty Images The Supreme Court declined Thursday to take up a legal challenge brought by health care workers in New York who oppose the […]
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Judge lifts Trump’s contempt order in New York civil probe
Former U.S. President Donald Trump arrives at Trump Tower in Manhattan on August 15, 2021 in New York City. James Devaney | GC Images | Getty Images A New York judge on Wednesday lifted a contempt-of-court order against former President Donald Trump that was imposed after he failed to comply with a subpoena as part […]
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UiPath to cut 5% of its workforce as part of restructuring plan
UiPath IPO at the New York Stock Exchange. Source: NYSE UiPath will reduce roughly 5% of its total workforce as part of a restructuring plan, according to a new SEC filing. The company, a provider of software for automating office tasks, said that it had 4,200 employees as of April 30, 2022. Most of the […]
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