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...With buyouts usually financed by debt, concerns over higher interest rates had prompted many investment groups to pause striking new deals....
...New York Community Bancorp and its chief risk officer parted ways shortly before the regional US lender reported larger than expected losses from real estate lending that hammered the bank’s stock....
...equipment on cranes bound for US ports....
...“ABB’s crane software technology is supplier-independent and installed on cranes manufactured by major crane builders including Chinese companies,” it said....
...The complaint filed with the US District Court in New York claims the metal oxide resists were originally invented by research foundation professor Robert Brainard and his team....
...The money to be ploughed into the port infrastructure would support Paceco Corp, a US subsidiary of the Japanese company Mitsui, to produce domestic cargo cranes, the White House said on Wednesday....
...Microsoft has accused The New York Times of “doomsday futurology” for predicting that ChatGPT could ruin the news business, as it seeks to dismiss a lawsuit that claims the artificial intelligence bot’s...
...The world’s largest agricultural equipment maker fuelled concerns that a multiyear farming boom has peaked, with a soft sales outlook and weaker than expected profit forecast from Deere sending its shares...
...Although demand for construction equipment remained strong in North America, sales declined in Latin America, Europe and Asia....
...Shares in NYCB were down about 2 per cent by Wednesday lunchtime in New York....
...Super Micro Computer, a server equipment group seen as a beneficiary of the AI boom, closed down 23 per cent....
...But recruiting dues-paying members from new sectors is costly and often takes years....
...BlackRock is not the only US company to step up security spending on its chief executive.Disney chief Bob Iger’s 2023 pay package included $1.2mn in costs for “security services and equipment”, the entertainment...
...Shares moves to note on the New York Stock Exchange on Thursday afternoon include Dick’s Sporting Goods, Under Armour and Lennar Corp: Retailer Dick’s Sporting Goods was up 15 per cent after the company...
...Results at BofA, like its large competitors, were also dragged down by costs tied to last year’s regional banking crisis after the Federal Deposit Insurance Corp imposed another round of fees on the nation...
...With remote working, New York City office vacancies have reached record levels. Older buildings have been particularly hard hit, including 40 Wall Street....
...The SEC remains committed to the new fees....
...Its shares rose on Thursday after its new management team told analysts it would diversify away from loans to apartment buildings, many of which are subject to New York’s strict laws on rent control and...
...China also makes much of the equipment used in the industry. A Chinese state-owned company, ZPMC, provides 70 per cent of the world’s cargo cranes....
...Industry groups argue tougher regulation could raise compliance costs and lower demand and liquidity for bank stocks if the new rules make it harder for investors to take large stakes....
...The latest marriage will not affect the ownership of the Murdoch family trust, which controls News Corp and Fox, the person familiar with the matter said....
...After an absence of 16 years, New York City Ballet has finally returned to London....
...But when Ergen shifted the collateral at the start of this year, they expected he would seek to raise cash by selling new secured debt against the shifted assets....
...New York Community Bank, which raised more than $1bn this month to shore up its finances and after shedding two-thirds of its market value since the end of January, had previously more than doubled its assets...
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