Wall Street

Microsoft cofounder Bill Gates speaks at the University of Washington in Seattle, February 28, 2019. (AP/Elaine Thompson)

April 26, 2019, 5:45 am

Microsoft tops trillion-dollar mark for first time

Tech giant now world’s most valuable company, beating out Apple and Amazon; growth spurred by cloud computing and business services

By AFP

Annette Bongiorno leaves federal court in New York, February 24, 2014. (AP Photo/Seth Wenig)

December 25, 2018, 5:08 am

Madoff’s former secretary seeks early release from prison

Annette Bongiorno, 70, is one of 5 employees convicted for roles in one of the biggest frauds in history that cost investors $20 billion

By Larry Neumeister

This photo taken on July 26, 2018, shows the exterior of Twitter headquarters in San Francisco, California. Twitter shares took a pounding Friday as a warning of a shrinking user base overshadowed news of a third straight quarterly profit. ( AFP PHOTO / GETTY IMAGES NORTH AMERICA / JUSTIN SULLIVAN)

July 28, 2018, 12:48 am

Twitter shares plunge more than 20% in black week for social media

Monthly users fall by one million amid purge of fake accounts; woes come a day after Facebook lost an unprecedented $120 billion in market value

By Rob Lever

Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before a combined Senate Judiciary and Commerce committee hearing in the Hart Senate Office Building on Capitol Hill April 10, 2018 in Washington, DC (Chip Somodevilla/Getty Images/AFP

July 26, 2018, 11:56 pm

Facebook shares tumble 19% in worst-ever single-day loss for a company

Social network sheds some $100 billion of its value on Wall Street after posting disappointing quarterly earnings

By Rob Lever

July 17, 2018, 4:55 pm

Goldman Sachs names David Solomon as new CEO as it targets Main Street growth

Solomon, who is Jewish and who DJs in his spare time, will assume the job on October 1, replacing longtime chief Lloyd Blankfein

By AFP and TOI staff

The New York Stock Exchange, December 21, 2016. (AP Photo/Mark Lennihan, File)

March 7, 2018, 6:48 pm

US stocks slide on departure of top Trump economic adviser

President’s tariffs threat and Gary Cohn’s resignation cause jitters on Wall Street as EU finalizes lists of US products it could hit with duties in counter slap

By MARLEY JAY

Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Monday, February 5, 2018. (AP Photo/Richard Drew)

February 6, 2018, 12:08 am

Dow plunges 1,175 points in worst day for stocks since 2011

Index nosedives, erasing all gains since beginning of 2018, after two years of record calm

By MARLEY JAY

The American flag flies above the Wall Street entrance to the New York Stock Exchange, Friday, November 13, 2015. (AP Photo/Richard Drew)

From the WebMay 28, 2017, 12:36 pm

Start-Up Nation meets Wall Street

An education and networking conference in NY brought together more than 300 scientists, attorneys, venture capitalists, to discuss Israel’s latest high-tech advances

The "Fearless Girl" (front) statue stands facing the "Charging Bull" as tourists take pictures in New York on April 12, 2017. (AFP/ Jewel SAMAD)

April 13, 2017, 4:08 am

It’s girl vs. bull in stone-faced Wall Street battle

Italian artist wages fight to get ‘Fearless Girl’ statue moved away from his iconic ‘Charging Bull’ sculpture, saying his message has been distorted

By AFP

A screenshot from a 2013 promotional video for Banc de Binary (Youtube)

January 11, 2017, 6:35 pm

Major Israeli binary firm, Banc de Binary, lays off employees, said to be shutting down

Blacklisted and fined in several countries, company has voluntarily renounced its Cyprus regulation; some insiders speculate it will relocate to eastern Europe and operate under a different name

By Simona Weinglass

This file photo taken on November 17, 2016 shows
Steven Mnuchin arriving at the Trump Tower for meetings with US President-elect Donald Trump, in New York. (Eduardo Munoz Alvarez/AFP Photo)

November 30, 2016, 10:54 pm

Trump’s treasury pick has just the background he railed against

Steve Mnuchin, who raised over $100 million for Trump, worked for top Jewish bankers who president-elect said represent ‘global special interests’

By Agencies

Democratic presidential nominee former Secretary of State Hillary Clinton stands with Barack Obama at an election eve rally on November 7, 2016 in Philadelphia, Pennsylvania. (Spencer Platt/Getty Images/AFP)

November 8, 2016, 9:19 pm

Wall Street voting for Democratic president, Republican Congress

Analysts see Clinton as known quantity likely to uphold many Obama policies, while Trump is viewed as wildcard

By Luc Lacroix

Republican presidential candidate Donald Trump gestures while speaking healthcare, Tuesday, November 1, 2016, in King of Prussia, Pa. (AP Photo/ Evan Vucci)

November 2, 2016, 1:01 am

Wall Street stocks tumble as poll suggests Trump win

Anxiety over GOP nominee victory drives equity indices to lowest level since just after Britain’s surprise Brexit vote

By AFP

Democratic presidential candidate Hillary Clinton attends a roundtable discussion on pay equality in New York City on April 9, 2016. (Eric Thayer/Getty Images/AFP)

April 22, 2016, 7:41 am

Firms that paid for Clinton speeches have US gov’t interests

Groups that sponsored Democratic presidential hopeful have sought to sway government policy since start of Obama administration

By Stephen Braun

A Facebook ad for an Israel-based binary options firm posted April 19, 2016 (Screenshot)

April 20, 2016, 9:35 pm

Tel Aviv binary options firm advertises for ‘predators’

A Facebook ad seeking binary options employees features a blood-sucking woman next to the words ‘Predators work at night’ and the company’s logo

By TOI staff