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☆ Taylor Greene, Santos appear outside NYC courthouse in support of Trump
▼ + stars: | 2023-04-04 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsTaylor Greene, Santos appear outside NYC courthouse in support of TrumpPostedU.S. Representatives Marjorie Taylor Greene (R-GA) and George Santos (R-NY) were among the hundreds of Donald Trump supporters and anti-Trump protesters on Tuesday (April 4) swarming the streets around the courthouse in New York City where the former president was due to be arraigned on charges related to a hush-money payment to a porn star.

Donald Trump's calls for mass protests fell flat ahead of his NYC arraignment on Tuesday. By noon, more than 100 Trump backers had descended upon a park outside a Manhattan courthouse. By noon, more than 100 backers of the indicted ex-president had descended upon a park outside of the lower Manhattan courthouse where Trump will be arraigned. Overall, the pro-Trump crowd paled in comparison to the demonstrations and massive protests Trump called for before he was indicted by a Manhattan grand jury last week. Georgia Republican Rep. Marjorie Taylor Greene also delivered a roughly 10-minute-long speech to a swarm of press and Trump backers at a park rally.

☆ The UFC-WWE deal could be the boost the M&A market needs to get back into gear
▼ + stars: | 2023-04-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Citigroup, JPMorgan, Wells Fargo, and Bank of America were among the banks advising on the deal. Earlier this year, some pegged the merger market getting back into the swing of things by mid-year. When you think about it, the WWE-UFC deal might be the best way to get the market going again. Fight for media rights: Both UFC and WWE have streaming deals with ESPN and NBCUniversal's Peacock, respectively. The crypto community is now pitching itself as playing a key role in AI development thanks to its decentralized nature.

☆ Reps. Marjorie Taylor Greene, George Santos flee protests outside of NYC courthouse where Trump will be arraigned
▼ + stars: | 2023-04-04 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

Republican Reps. Marjorie Taylor Greene and George Santos both fled the scene of growing protests outside the Manhattan courthouse where former President Donald Trump is scheduled to be arraigned Tuesday. Greene and Santos joined pro-Trump protesters near the New York courthouse hours before the scheduled court appearance. Greene was listed as a headliner for a 10:30 a.m. rally organized by the New York Young Republican Club. Santos left before the protest's official start time. Unbelievably swarmed," Greene told Right Side Broadcasting in an interview after she left the protests.

☆ The NYC park where Marjorie Taylor Greene is hosting the rally for Trump used to be an open sewer the city tried to fill in with land but it sunk (and stunk)
▼ + stars: | 2023-04-03 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +7 min

The NYC park where Marjorie Taylor Greene is hosting a Trump rally used to be an open sewer. Collect Pond Park was then a blossoming new neighborhood, and later the center of a gang-filled slum. It took six years for the city to fill the hole that was once Collect Pond, according to the parks department. The area finally became a park in 1960Luciano Garbati's statue 'Medusa With The Head of Perseus' at Collect Pond Park on October 13, 2020. REUTERS/Brendan McDermidIt wasn't until 1960 that NYC's Board of Estimate gave the area Parks jurisdiction.

☆ Wall Street could stand to benefit from recruiting beyond just the Ivies
▼ + stars: | 2023-04-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Insider's Emmalyse Brownstein has one about an investor's unique path to Wall Street. I hope Alfieri's story isn't just valuable to students trying to break into Wall Street. Wall Street could also benefit from casting a wider net among universities to get some diversity of thought. Click here to read some tips for how to nab a job on Wall Street despite not coming from an elite school. This fintech helps Wall Street keep tabs on employees' messengers.

☆ Trump arrives at Trump Tower in NYC ahead of April 4 arraignment
▼ + stars: | 2023-04-03 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsTrump arrives at Trump Tower in NYC ahead of April 4 arraignmentPostedFormer U.S. President Donald Trump walked into Trump Tower in Manhattan on Monday (April 3) after arriving in New York City ahead of facing charges stemming from a probe into hush money paid to a porn star.

☆ NYC mayor warns Trump supporters ahead of arraignment: 'Be on your best behavior'
▼ + stars: | 2023-04-03 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Jeenah MoonApril 3 (Reuters) - New York City Mayor Eric Adams addressed Donald Trump supporters directly Monday, saying city authorities would not hesitate to arrest and charge anyone who breaks the law in protest over the former president's upcoming arraignment on state charges. Trump was heading to New York on Monday and was due to surrender to prosecutors in Manhattan on Tuesday. Adams warned Trump supporters against turning to violence on Tuesday, saying the city was "not a playground for ... misplaced anger." While you're in town, be on your best behavior," said the Democratic mayor. The actress has said she was paid to keep silent about a sexual encounter she had with Trump in 2006.

☆ How a Milliner Spends Her Sundays
▼ + stars: | 2023-04-02 | by ( Nancy A. Ruhling | ) www.nytimes.com time to read: 1 min

“The right hat is an expression of your personality,” said Linda Pagan, who owns The Hat Shop NYC. “You are never alone when you wear a hat — wearing one is like walking a dog but without all the work; people will always stop and talk to you.”Ms. Pagan should know. Ms. Pagan has a personal collection of 60 hats that she stores in the basement of her shop. “I always wear a hat as they make me feel great, and it’s great for business. “Thank goodness I didn’t go into lingerie.”The only thing Ms. Pagan, 64, who was born in England, likes more than hats is her short commute.

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☆ We pay under $700/month to live in 'micro apartments' in NYC — look inside
▼ + stars: | 2023-04-01 | by ( Mickey Todiwala | ) www.cnbc.com time to read: 1 min

Alaina Randazzo, 25, and J.R. Wills, 27, both live in micro apartments in the same building in midtown Manhattan. Each studio apartment has a lofted bed and is around the size of a parking spot or a walk-in closet. Alaina's windowless unit is 80 square feet and rents for $650/month. J.R.'s unit has a window, is 85 square feet and rents for $687/month. Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

☆ PHOTOS: Welcome to NYC's Museum of Failure – here are 13 inventions I was surprised to see
▼ + stars: | 2023-04-01 | by ( Jordan Hart | ) www.businessinsider.com time to read: 1 min

I was surprised to see the Segway (2001) on display as they're still sold, but some items were failures because they simply didn't live up to the hype. The Segway was meant to be the new way humans got around when it was unveiled over 20 years ago. Although it didn't replace cars or bikes, you can still purchase one. Jordan Hart/Insider

☆ Premarket stocks: The FDIC could ask big banks to clean up $23 billion mess
▼ + stars: | 2023-03-31 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

While regional and mid-sized banks are behind the recent turmoil, it appears that large banks may be footing the bill. Ultimately, that means higher fees for bank customers and lower rates on their savings accounts. The law also gives the FDIC the authority to decide which banks shoulder the brunt of that assessment fee. Passing it on: Regardless of who’s charged, the fees will eventually get passed on to bank customers in the end, said Isaac. In 2021, Wall Street was estimated to be responsible for 16% of all economic activity in the city.

☆ Is Jamie Dimon the most powerful person in finance?
▼ + stars: | 2023-03-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Insider's Carter Johnson has a story on one executive whose profile continues to rise: Jamie Dimon. Carter's story got me thinking: Who's the most powerful person in finance? Warren Buffett: Before you jump down my throat, realize this is a list of the most powerful people in finance not on Wall Street. Place your vote here — or name someone else — for who you think is the most powerful person in finance. The bank was hit with a nearly $100 million fine for letting a foreign bank make prohibited transactions, The Wall Street Journal reports.

☆ The average Wall Street bonus fell by 26% last year
▼ + stars: | 2023-03-30 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +2 min

New York CNN —The average annual Wall Street bonus fell to $176,700 last year, a 26% drop from the previous year’s average of $240,400, according to estimates released Thursday by New York State Comptroller Thomas DiNapoli. Rising interest rates, recession fears and Russia’s invasion of Ukraine hurt Wall Street firms’ bottom line. “A 26% decline brings the average bonus closer to what financial employees received prior to the pandemic,” DiNapoli said in a statement. In 2021, Wall Street was estimated to be responsible for 16% of all economic activity in the city. “While lower bonuses affect income tax revenues for the state and city, our economic recovery does not depend solely on Wall Street.

☆ Wall Street wants to lend to Hollywood, and that could be bad news for the rest of us
▼ + stars: | 2023-03-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Today, we've got stories on an upheaval within BlackRock's communications department, a debate over the merits of the man bun on Wall Street, and why I'm not intimidated by Gen Z anymore. Insider's Rebecca Ungarino and Reed Alexander have a story on private lenders looking to make investments in media and entertainment. Hollywood has long represented an interesting investment opportunity for Wall Street, but lending to the industry is an interesting twist. As Reed pointed out in a follow-up story, Wall Street is keen to apply artificial-intelligence tools to identify projects worth greenlighting. And here's more on why Wall Street is so high on the entertainment industry leveraging AI.

☆ Fintech has a fraud problem, and the onus is on you to figure it out
▼ + stars: | 2023-03-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Fintech's fraud misfortune. Which brings us to a story by Insider's Bianca Chan and Paige Hagy about concerns over the prevalence of fraud within consumer-facing fintechs in recent years. Click here to read more about fintech's fraud problem. We've also got the deck StellarFi, a fintech that helps users improve their credit score, used to raise $15 million. For more than 50 different decks used by fintechs to raise fresh funds, check out our library.

☆ Goldman Sachs isn't getting a new private jet, but are there better places to cut costs on Wall Street?
▼ + stars: | 2023-03-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

If there is a senior Goldman Sachs' executive in your life, please keep them in your thoughts and prayers. Insider's Dakin Campbell has the scoop on Goldman nixing plans to buy a third corporate aircraft under CEO David Solomon. So as the bank has looked to cut costs this year more broadly, the private jets, naturally, were a topic of discussion. I will say, I think corporate jets have been unfairly labeled as the poster child for excessive spending at the corporate level. Now, regional banks are looking to serve the firms looking for a new banking home, per The Wall Street Journal.

☆ The FAA is warning flyers of a 45% increase in flight delays this summer in NYC and DC as it deals with staff shortage
▼ + stars: | 2023-03-27 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +3 min

The FAA anticipates a 45% increase in flight delays at East Coast airports in the summer of 2023. The agency is blaming a post-pandemic shortage of air traffic controllers at key New York facilities. Airlines will be temporarily allowed to give up slots and times at airports in New York and DC. The agency expects overall delays in the New York region to increase 45% in the coming months compared to summer 2022, according to a recent press release. Last summer saw over 40,000 delays recorded at the New York area airports and the highest yearly percentage of delayed flights of the past seven years.

☆ Banks' internship and analyst programs could be in flux, and that might spell bad news for senior dealmakers
▼ + stars: | 2023-03-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

But before we get started, First Citizens BancShares has agreed to buy Silicon Valley Bank, according to a statement from the FDIC. Some of the ripples from the fall of Silicon Valley Bank have felt particularly significant (Credit Suisse bankers nod ominously). Some banks had to even break a cardinal rule of Wall Street: Turn away business. Click here to read more about how college students are feeling on edge about their upcoming Wall Street jobs and internships. You don't necessarily need seven-figures in assets to call it quits, per The Wall Street Journal.

☆ NYC appears poised to pass a bill banning size discrimination — making height and weight a protected class. Some states are also looking into the issue
▼ + stars: | 2023-03-26 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

The New York City Council appears prepared to pass a bill banning weight and height discrimination. The bill would apply to employment opportunities, housing, and public accommodations. Massachusetts, Vermont, New Jersey, and New York state might enact similar policies, per The Washington Post. "This was long overdue as a civil rights issue," Abreu told The Washington Post. If someone looks a certain way, if someone is of a different body size or has higher weight, who cares?"

☆ Empty for years, NYC's famous Flatiron Building — and its weird narrow passages — may get a fresh start with $190M sale
▼ + stars: | 2023-03-25 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

The historic Flatiron Building went to a court-mandated auction on Wednesday after being practically empty for years. Investor Jacob Garlick outbid previous owners to buy the landmark for $190 million, reports say. The Flatiron Building was completed in the summer of 1902 at 175 Fifth Avenue, and has become an iconic tourist attraction for visitors of New York City. One witness to the auction, real estate broker Tom Brady, told NY1 that the sale was an "iconic moment." One of the Flatiron Building's previous owners, Jeffrey Gural of GFP Real Estate, said he wished Garlick "hadn't shown up" to the auction.

☆ Commercial real estate is the next shoe to drop for regional banks and the stock market
▼ + stars: | 2023-03-25 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Commercial real estate is probably the next pain point for regional banks and the stock market, according to BofA. The bank noted that US regional banks account for 68% of all commercial real estate loans. The weakness in commercial real estate is evidenced in current market prices for stocks and debt tied to the sector. This is a perfect storm for regional banks because they have so much exposure to commercial real estate loans. According to Bank of America, US regional banks account for 68% of commercial real estate loans, much more than their mega-cap banking peers.

☆ ‘We Love NYC’ Ad Blitz Gets No Love From Residents—and That’s OK With Its Creators
▼ + stars: | 2023-03-24 | by ( Patrick Coffee | ) www.wsj.com time to read: 1 min

The Partnership for New York City, the nonprofit group behind the new “We Love NYC” ad campaign, doesn’t mind that its logo seems to be loathed by city residents ranging from newspaper columnists to pop star Joe Jonas, who offered his own version. After all, any publicity is good publicity. The project, which launched this week with the release of the new logo, offers a twist on the classic “I Love NY” mark created in 1977 by designer Milton Glaser . The purpose is to persuade New Yorkers to adopt a more optimistic outlook and improve quality of life in their city by frequenting local businesses and signing up for volunteer work, said marketing executive Maryam Banikarim, whose consulting firm, MaryamB, helped develop the campaign strategy.

☆ Death threat, powder sent to Manhattan DA Alvin Bragg after Trump warning of violence
▼ + stars: | 2023-03-24 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Manhattan District Attorney Alvin Bragg was threatened with assassination in a letter containing powder, hours after former President Donald Trump warned Friday of "potential death & destruction" if he is indicted by a grand jury in a criminal case led by Bragg. said the typewritten note in a letter contained in an envelope addressed to Bragg, WNBC reported, citing law-enforcement sources. The letter, containing an Orlando, Florida, postmark from Tuesday, was found in the DA's mail room in a lower Manhattan building after being received at 11:40 a.m. The white powder in the envelope was found to be non-hazardous, the New York Police Department told CNBC. NYPD investigators and the FBI, which has an office close by, were at the scene investigating the letter.

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