Abstract:Breaking news and analysis on business and the economy, including the latest news in technology, stock markets, media, and finance can all be found at this media site.
Breaking news and analysis on business and the economy, including the latest news in technology, stock markets, media, and finance can all be found at this media site. Therefore below are the top stories on the New York Times business pages. Although some reports have not been verified a just highlight.
- More than 7,000 nurses at two New York City hospitals ended a three-day strike and returned to work on Thursday after reaching tentative deals with hospitals over staffing levels and pay increases.
- The International Monetary Fund expects that global economic growth will begin to rebound later this year and that a worldwide recession can be averted if China continues to ease its pandemic restrictions and Russia's war in Ukraine does not worsen.
- Activist investor Nelson Peltz is pushing for a board seat at Walt Disney Co DIS.N, the company said adding that it recommended shareholders vote against his effort.
- The U.S. Securities and Exchange Commission on Thursday charged Genesis Global Capital LLC and Gemini Trust Company LLC with offering unregistered securities through a crypto lending program that promised investors high interest on deposits. (Compiled by Bengaluru newsroom.
Saxo Singapore will discontinue SaxoWealthCare and SaxoSelect by December 2024, advising clients to withdraw funds and offering alternative investment options.
TradingView adds Irish stocks from Euronext Dublin, broadening access to 30 companies, including Ryanair and Kerry Group.
The Cyprus Securities and Exchange Commission (CySEC) has announced an extension to the suspension of the Cyprus Investment Firm (CIF) license held by FTX (EU) Ltd. This decision follows a series of prior announcements from CySEC dating back to November 2022 and most recently updated on April 16, 2024
According to the report, U.S. markets celebrated Wednesday as stocks rocketed upward following the decisive victory of former President Donald Trump in Tuesday’s presidential election. Investors were quick to respond, with the Dow Jones Industrial Average skyrocketing by 1,507 points, or 3.57%, to reach a record high—marking the first time the index has gained more than 1,000 points in a single day since November 2022. Similarly, the S&P 500 surged by 2.5%, and the Nasdaq climbed 2.95%, bringing all three major indexes to fresh highs.