New York
DOJ, SEC charge two men in $200 million water vending machine Ponzi scheme
The seal of the U.S. Justice Department is seen on the podium in the Department’s headquarters briefing room. Kevin Lamarque | Reuters Two men have been indicted in New York on federal criminal charges in connection with a water vending machine Ponzi scheme that allegedly swindled investors out of more than $200 million, the Department […]
Read More
Stocks making the biggest moves premarket: Deere, Tapestry, Coherent, Bullish and more
Check out the companies making headlines in premarket trading. Li Auto — Shares fell about 2% following JPMorgan’s downgrade of the Chinese electric vehicle company to neutral. Analyst Nick Lai cited stiff competition as a reason for caution. Tapestry — The Coach New York and Kate Spade parent sank more than 10% after its full-year […]
Read More
New York man charged with cyberstalking widow of slain UnitedHealthcare CEO Brian Thompson
Brian Thompson, CEO of UnitedHealthcare. Courtesy: UnitedHealth Group A New York state man was arrested Wednesday and charged with leaving threatening voicemails for the widow of UnitedHealthcare CEO Brian Thompson hours after Thompson was fatally shot on a Manhattan sidewalk in December. The suspect, Shane Daley, left Paulette Thompson profanity-laced voicemails calling her husband a […]
Read More
CNBC’s UK Exchange newsletter: Is London’s financial future evolving or eroding?
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch After several years in the Big Apple, I knew my return to London would be a culture shock. Instead of Times Square with its skyscrapers and blinding lights, I would roam around Piccadilly Circus and its Victorian […]
Read More
Judge rejects unsealing Ghislaine Maxwell grand jury transcripts
Ghislaine Maxwell on September 20, 2013 in New York City. Laura Cavanaugh | Getty Images A federal judge in New York on Monday rejected a request by the Justice Department to unseal grand jury transcripts related to the criminal investigation of Ghislaine Maxwell, the convicted procurer for notorious sex offender Jeffrey Epstein. Judge Paul Engelmayer, […]
Read More
Orsted plunges 27% as it plans $9.4 billion rights issue after ‘adverse’ turn in U.S. market
Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Orsted shares crashed more than 25% on Monday morning, after the wind farm developer said it plans a 60 billion Danish kroner ($9.4 billion) rights issue, following a “material […]
Read More
New Yorker quit her corporate role in the middle of a meeting—now she earns twice as much and is happier in her dream job
Pooja Tripathi might not have become a successful comedian if she hadn’t quit her corporate marketing job in the middle of a meeting in 2018. By then, Tripathi had spent five years working in the fashion industry, but felt defeated after dealing with a toxic boss, she says. One morning, in a last-minute meeting, her […]
Read More
Where $1,500 in rent gets you the most—and least—space in major U.S. cities
How much space you can get for a monthly rent payment of $1,500 depends entirely on where you live. In Manhattan, New York, it’s an average of 216 square feet — roughly the size of a bedroom. But in Wichita, Kansas, the same amount will get you an average of 1,329 square feet — enough […]
Read More
Woman pleads guilty in $30M scam that sold access to Trump fundraiser, fake U.S. residency
The complaint and affidavit in support of an arrest warrant against Sherry Xue Li and Lianbo “Mike” Wang is photographed on Monday, July 18, 2022. Department of Justice | AP A New York woman pleaded guilty Wednesday in connection with a years-long $30 million investment scam that, among other things, sold foreign nationals access to […]
Read More
NFL employee seriously injured in shooting at NYC headquarters
NFL Commissioner Roger Goodell told employees in an email early Tuesday morning that one of the league’s employees was seriously injured in a Monday shooting at a Midtown Manhattan office tower. “A gunman committed an unspeakable act of violence in our building at 345 Park Avenue,” Goodell said. “The employee is in stable condition and […]
Read More