Mayor Eric Adams has tried hotels, shelters and a cruise terminal to house an influx of more than 50,000 migrants, an effort that’s stretched the budget to the breaking point and strained services.
Three college operators asked the US Supreme Court on Wednesday to block a legal settlement that would cancel an estimated $6 billion in debt for students who say they were misled by the schools about job prospects.
Johnson & Johnson’s first attempt at using bankruptcy to escape claims that its popular baby powder caused cancer was an expensive gamble that drew public scorn and ended in failure.
Amazon.com Inc. is partnering with India’s federal government to stream movies and TV shows from state-run studios as well as provide internships to students from government film institutes in a key market for the US e-commerce giant.
Vodafone Group Plc’s Spanish business is attracting takeover interest from potential buyers, including Apollo Global Management Inc., people with knowledge of the matter said.
“Operation Cookie Monster” part of law enforcement crackdown on digital crime.
Rising interest rates have brought down several lenders that made bad bets, but the worldwide banking system is in generally good shape, Royal Bank of Canada Chief Executive Officer Dave McKay said.
Tether Holdings Ltd. doesn’t have direct access to the US banking system, but for a while it found at least one pathway: through Signature Bank.
Hillhouse Capital’s public investment arm assets tumbled by a third last year, according to US regulatory filings, providing rare insights into one of Asia’s investment behemoths.
The UK government contracted its first accommodation vessel to house asylum-seekers as Prime Minister Rishi Sunak pursues plans to cut the number of people crossing the English Channel illegally.
