Disney's streaming woes continue
Disney's streaming service, Disney+, lost 4 million or 2% paid subscribers in Q2 FY23, ending the quarter with 157.8 million users.
The decline was mainly due t...
Adidas' path to recovery
Adidas AG is grappling with a mountain of unsold Yeezy sneakers and apparel worth €1.2 billion, stemming from a cancelled collaboration with rapper and designer Ye, formerly known as Kanye West.
The German sneaker make...
Revolutionizing trading
Entrepreneur Yat Siu's CoinDesk article highlights the significance of decentralization and open-source innovation, particularly in the context of blockchain protocols. These are seen as essential com...
Lyft unveils restructuring strategy
Lyft, the ride-hailing service, has been struggling with mounting losses and a sagging stock price, prompting its co-founder Logan Green to step down as CEO. In his place, David ...
ServiceNow makes history
ServiceNow, the enterprise software company founded in 2003, reported its first $2 billion quarter and raised its full-year guidance for subscription sales. The company's fis...
Investors take note
The oil and gas industry is facing challenges in 2023, with falling earnings for most companies despite the relatively high price of oil at around $80 per barrel. Natural gas prices have fallen drama...
ESPN announces cost-cutting measures
ESPN has begun employee layoffs, targeting lower-tier roles. The network plans to continue the process through Wednesday, with further cuts expected as part of a restructuring plan. ...
Bud Light faces backlash over transgender partnership
Transgender influencer Dylan Mulvaney, with 10.8 million TikTok followers, has been silent for 16 days due to backlash over her partnership with ...
Proxy battle erupts
Carl Icahn accused Illumina's board of ignoring shareholder questions and being evasive due to their reliance on big shareholders for protection.
Illumina is a biotechnology company that provides tools for genetic analysis. The ...
Ben and Jerry's first-ever union election
Workers at Ben and Jerry's flagship ice cream shop in Burlington, Vt., are filing for a union election on Monday. If successful, they will become the first of the company's U.S. locations to unionize. The mo...
Intel's new move
Intel has recently announced an agreement with Arm that will make Intel a viable manufacturing option for any Arm-based chip designer. This is a significant move, given that Arm-based chips cu...
Trump's Truth Social flop
Former President Donald J. Trump recently released a personal financial disclosure to the FEC, providing the public with insight into his post-presidential business dealings.
Wh...
Broadcom's VMware takeover
The $61 billion acquisition of VMware by Broadcom is currently under investigation by the European Commission and the Competition and Markets Authority in the UK. The deal has raised concerns ...
Call for antitrust investigation
Four Democratic lawmakers, including Sen. Elizabeth Warren (D-MA), have called for an inquiry into the alleged anticompetitive actions of the Warner Bros. Discovery (NASDAQ: WBD) deal. The merger between AT&T's W...
McDonald's layoff
McDonald's recent decision to lay off hundreds of corporate employees has come as a surprise to many, given the company's impressive financial performance in 2022.
According to documents obtained by NPR, the fast food giant saw an...
Board shake-up sends Cano Health shares soaring
Cano Health, a leading value-based primary care provider and population health company, has experienced a few days of volatile trading. Here's what you need to know.
Board members resign, sparking sha...
Disney to cut jobs and costs internationally
According to inside and outside sources, Disney is expected to make redundancies and budget cuts soon, with plans currently being finalized.
Disney+ employs around 5,000 people globally, with 40% based i...
Investigation into financial product
Massachusetts authorities are investigating Citizens Financial (NYSE:CFG) over the sale of financial products by its subsidiary, Citizens Securities, which includes Colorado Bankers Life Insurance (CBL).
The ong...
Social Network Update
Twitter is shaking things up with its latest push for paid subscriptions. Starting April 15th, only paid subscribers' tweets will be promoted, and non-subscribers will not be allowed to v...
First Citizens Bank cements position as major player in US banking with Silicon Valley Bank takeover
Deal betyween banks
First Citizens Bank, shortly FCB, has recently made headlines with its announcement of the acquisition of Silicon Valley Bank's US operations, following the bank's collapse.
This deal...
Companies rating
14 Mention
14 Mention
12 Mention
11 Mention
10 Mention
10 Mention
10 Mention
8 Mention
8 Mention
7 Mention
NEW YORK NEWS
News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova
Development Director
