Author: News Room

Here is the letter from Nishad Singh’s father to Judge Kaplan. – The New York Times Business|Here is the letter from Nishad Singh’s father to Judge Kaplan.https://www.nytimes.com/interactive/2024/10/30/business/30ftx-parents-nishad-defense-sentencing.html Close ×

Three Mile Island, known for being the site of the worst U.S. nuclear energy accident, is now at the forefront of efforts to expand nuclear capacity to meet rising electricity demand. Rebecca F. Elliott, a reporter covering energy for The New York Times, explains.

Welcome to the TikTok election.Every week, people post tens of thousands of videos on the app that mention Vice President Kamala Harris or former President Donald J. Trump, including election updates, conspiracy theories and dance routines. Those posts attract hundreds of millions of views — on par with the interest in hit shows like “Love Island” or the pop star Chappell Roan, according to Zelf, a social video analytics company — even though the videos represent just a slice of the content about the election on the app.No two TikTok feeds are the same, because the app’s algorithm sends different…

A rendering of the new apartment building at 975 Nostrand Ave. in Brooklyn. Underground parking spaces not shown. Lemons Bucket By Emily Badger, Mihir Zaveri and Larry Buchanan The authors spent a lot of time looking at parking garages, parking lots, parking diagrams, parking maps, parking photos and parking tables in zoning codes. Oct. 18, 2024 The apartment building under construction at 975 Nostrand Avenue in Brooklyn is the kind of project that city officials and economists say New York needs to solve the city’s severe housing shortage. It will have 328 new homes at rents targeting young professionals, from studios…

ZK the Goat, a rising star in the world of social media, has recently made headlines with his decision to relocate to Dubai. Known for its luxury, innovation, and business-friendly environment, Dubai offers the perfect backdrop for ZK’s next chapter. With 1.3 million followers on TikTok, 858,000 subscribers on YouTube, and 485,000 followers on Instagram, ZK is not just an influencer but a global brand. His move to Dubai is a strategic one, aimed at expanding his reach and capitalizing on the city’s dynamic social media and business landscape. Dubai, often referred to as the “City of Gold,” is a…

Thanks to the continued advancements of communication and travel, the world is becoming smaller. Many are able to work from almost anywhere, and trips to distant places are no longer limited to the vacation seasons like winter and summer. Unfortunately, despite this supposedly highly convenient era of digital solutions, frequent travelers continue to face a myriad of financial challenges. Issues like high transaction fees, unfavorable currency exchange rates, and the inability to use debit or credit cards in foreign countries are common problems. Luckily, there are now the likes of Black Banx, a digital banking powerhouse that has emerged…

Last month, Black Banx announced a remarkable financial performance for the first quarter of year, achieving record-breaking profits and setting a new benchmark for the company. Under the leadership of German billionaire Michael Gastauer, Black Banx reported a profit before tax of $639 million. This impressive figure reflects a series of innovative strategies that have revitalized the company’s revenue streams including fixed fees. The first quarter results were significantly bolstered by higher revenues, which reached $1.6 billion. A key driver of this increase was the implementation of fixed monthly account maintenance fees for the company’s 45 million customers. This…

In the evolving landscape of global finance, the conversation around financial inclusion has become more prevalent. Innovative technologies and business models are increasingly being leveraged to extend financial services to the underbanked and unbanked populations of the world. One such innovation is Black Banx, a digital financial platform that aims to revolutionize access to banking services for individuals and businesses across the globe. Here’s what you need to know about Black Banx and its role in financial inclusion. Understanding Black Banx Black Banx, formerly known as WB21, was founded by Michael Gastauer in 2015. Gastauer’s vision was to create…

Is post-Brexit UK shaping mergers and acquisitions, or are new challenges arising? The regulatory world is getting complex for businesses. Scott Dylan a co-founder of Inc & Co is a go-to expert on company mergers. He talks about how political changes, especially after Brexit, affect M&A decisions. Now, the UK asks for up to 1,830 reports a year in key areas. This makes it tough for firms, as there’s more work and big fines if rules are not followed. The interest in buying companies from abroad remains strong in the UK, despite Brexit. In 2018, cross-border deals were 30% of…

If there is a phrase to best describe the financial sector as of late, it is rapid change. Just a little over a decade, one could only imagine being able to make bill payments, send money, receive compensation, and make investments, among others, in a singular application. These days, new apps emerge almost regularly, making it a true consumers’ market where there are various digital options to choose from. With the fintech market more competitive than ever, the ability to adapt has essentially become a requirement to be able to succeed in the industry, with the ability to keep up…