Tag Archives: New York

Tether, world’s biggest stablecoin, cuts commercial paper to zero

Tether, the world’s largest stablecoin, has slashed back its commercial paper holdings to zero, replacing them with U.S. Treasury bills instead, according to a blog post. The popular U.S.-dollar-pegged cryptocurrency said the move is part of tether’s “ongoing efforts to increase transparency” and back its tokens with “the most secure …

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Micron to spend up to $100 billion to build New York chip plant

Sanjay Mehrotra, CEO, Micron Scott Mlyn | CNBC Micron will spend up to $100 billion over at least the next two decades building a new computer chip factory in upstate New York, The New York Times reported on Tuesday. The announcement comes after the passage of the CHIPS and Science …

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Google Search adds ‘vibes,’ ‘immersive views’ for some locations

Google launches new “vibe” feature that allows users to show the business, weather and features of a particular location on any given day. Google Google now says it has enough local data to predict a neighborhood’s “vibes” in search results. The company is launching “immersive views” and “vibes” for some …

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Eight states file action against Nexo crypto lending platform

New York State Attorney General Letitia James speaks at a news conference after former U.S. President Donald Trump’s White House chief strategist Steve Bannon arrived to surrender, in New York, U.S., September 8, 2022. Caitlin Ochs | Reuters Eight states announced on Monday they’re bringing actions against the crypto lending …

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NYC Mayor Eric Adams asks tech execs to keep companies in the city

At a private dinner Wednesday at New York’s swanky Le Pavillon, New York City Mayor Eric Adams called on tech executives to keep their companies in the city, even as industry leaders raise concerns to city officials of soaring rents and an increase in violent crime. Over entrees of steak, …

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Amazon union election in Albany to begin in October

Amazon workers arrive with paperwork to unionize at the NLRB office in Brooklyn, New York, October 25, 2021. Brendan Mcdermid | Reuters Amazon will face a union election at one of its warehouses in upstate New York next month, the company confirmed to CNBC. Employees at the warehouse, which is …

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Amazon workers at warehouse near Albany file for union election

Workers and supporters hold signs after filing a petition requesting an election to form a union outside the National Labor Relations Board (NLRB) regional office in the Brooklyn Borough of New York, on Monday, Oct. 25, 2021. Gabby Jones | Bloomberg | Getty Images Amazon workers at a warehouse in …

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Salman Rushdie’s books top Amazon’s bestseller lists after stabbing

British author Salman Rushdie poses behind some copies of his book “Joseph Anton” on October 1, 2012 in Berlin. Author Salman Rushdie’s “The Satanic Verses” topped several Amazon’s bestsellers lists on Tuesday, days after he sustained serious injuries in a stabbing at a lecture in New York. Johannes Eisele | …

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Why Starbucks, Apple and Google are unionizing now for the first time

For decades, union membership has been on the decline. Yet in the last few months, workers have been organizing at a pace this country hasn’t seen since the Great Depression. Amazon has captured headlines for union drives at its warehouses, including a successful effort on New York’s Staten Island. But …

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Former Coinbase manager and two others charged in insider trading plot

The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Three people have been charged in the first-ever crypto insider trading tipping scheme, according to the …

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