Tag Archives: Economy of New York City

Citi will Pay $700 Million for Deceptive Marketing

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It's been a rough week for Citibank. The banking company and its subsidiaries were ordered to pay $600 million in consumer relief just this afternoon. The fines will cover illegal practices that were...

American Express President Dies During Flight

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This morning, the employees of the American Express received a devastating news. The President of the company, Ed Gilligan had passed away during his flight back home. Ken Chenault, CEO of American...

Tribeca Special Screenings Include Docs on Mary J. Blige and Misty Copeland

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At this year’s Tribeca Film Festival there are a number of different films that are set for special screening. Some of the movies include a new zombie flick that will be pairing Arnold Schwarzenegger...

Tribeca Short List Streaming TV Service announced

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New competition for Netflix is now arriving each day. CBS launched their online streaming TV service last week. HBO announced to offer a stand alone streaming service in 2015. Now Lionsgate and...

Surfer Kelly Slater Looks to Cash a $1.1 Million In GoPro IPO

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Action camera maker GoPro has set terms for its initial public offering later that could value the company at nearly $3 billion. An updated financial filing with the Securities and Exchange...

Dong Energy Drops Half of Offshore Wind Farm

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Dong Energy, Denmark’s largest integrated energy company, sold half of its 50% stake in the London Array offshore wind project. The sale reduces Dong Energy’s stake in the 630 megawatt wind farm to...

Top 50 Global Financial Firms – Trust (TR) Or The Guillotine (FT)?

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Trust in global financial institutions has improved but still remains negatives, according to a Thomson Reuters survey of news and social media. Its proprietary TRust Index showed “trust sentiment in...
    






Week Ahead: Fasten Seatbelts For Earnings, Indicators & Budget Fight

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Stock markets shrugged off Friday’s confusingly low U.S. job creation numbers – so let’s see how they cope with an onslaught of news this coming week in the shape of big company earnings, economic...