Don’t miss the latest developments in business and finance.

New York

The 26-year-old accused appeared at an extradition hearing today at the Blair County Courthouse in Pennsylvania

Updated On: 11 Dec 2024 | 9:05 AM IST

The suspect in the killing of UnitedHealthcare's CEO likely was motivated by his anger with what he called parasitic health insurance companies and a disdain for corporate greed, a law enforcement bulletin obtained by The Associated Press said. Luigi Nicholas Mangione wrote that the US has the most expensive health care system in the world and that profits of major corporations continue to rise while our life expectancy does not, according to the bulletin, based on a review of his hand-written notes and social media posts. Prosecutors on Tuesday were beginning to take steps to bring the 26-year-old Ivy League graduate from a prominent Maryland real estate family back to New York to face a murder charge while new details emerged about his life and how he was captured. Mangione struggled with officers as he arrived at the Blair County Courthouse on Tuesday and shouted something partly unintelligible that referred to an insult to the intelligence of the American people. Local defence

Updated On: 11 Dec 2024 | 7:02 AM IST

The Michelin 2024 Bib Gourmand Award was given to 'Bungalow', a restaurant in New York owned by Indian star chef Vikas Khanna. He posted the information on Instagram

Updated On: 10 Dec 2024 | 8:39 PM IST

Such posts by a Luigi Mangione, the name New York police have announced as the 26-year-old suspect in last week's killing of a health insurance executive in New York

Updated On: 10 Dec 2024 | 9:12 AM IST

Police have arrested a 26-year-old man with a weapon consistent with the gun used to kill the head of the largest US health insurer, New York's police commissioner said Monday. The man was taken into custody after police got a tip that he had been spotted at a McDonald's in Pennsylvania, NYPD Commissioner Jessica Tisch said at a news conference. They also recovered clothing, including a mask consistent with those worn by our wanted individual, Tisch said. Also recovered was a fraudulent New Jersey ID matching the ID our suspect used to check into his New York City hostel before the shooting incident." NYPD Chief of Detectives Joseph Kenny identified the suspect as Luigi Nicholas Mangione, who was born and raised in Maryland, has ties to San Francisco and a last known address in Honolulu, Hawaii. Mangione had a ghost gun, a type of weapon that can be assembled at home from parts without a serial number, making them difficult to trace, investigators said. As of right now the informa

Updated On: 10 Dec 2024 | 7:29 AM IST

They have seen him smiling on a hostel security camera, but don't know his name. They found the backpack he discarded while fleeing, but don't know where he's gone. As the search for UnitedHealthcare CEO Brian Thompson's killer goes on, investigators are reckoning with a tantalizing dichotomy: They have troves of evidence, but the shooter remains an enigma. Police don't know who he is, where he is, or why he did it though they are confident that it was a targeted attack instead of a random act. The net is tightening, New York City Mayor Eric Adams said Saturday. Hours after he spoke, police divers were seen searching a pond in Central Park, where the killer fled after the shooting. Officers have been scouring the park for days for any possible clues and found his bag there Friday. Retracing the gunman's steps using surveillance video, police say, it appears he left the city by bus soon after the shooting Wednesday morning outside the New York Hilton Midtown. He was seen on video

Updated On: 08 Dec 2024 | 10:00 AM IST

The gunman who killed the CEO of the largest US health insurer likely left New York City on a bus soon after the brazen ambush that has shaken corporate America, police officials said Friday. But he left something behind: a backpack that was discovered in Central Park. Three days after the shooting of UnitedHealthcare CEO Brian Thompson, police still did not know the gunman's name or whereabouts or have a motive for the killing, Chief of Detectives Joseph Kenny told reporters. Investigators were looking at whether the shooter may have been a disgruntled employee or client of the insurer, he said. The FBI announced Friday night it was offering a USD 50,000 reward for information leading to an arrest and conviction. Video of the gunman fleeing Wednesday's shooting showed him riding a bicycle into Central Park and later taking a taxi to a bus terminal that offers commuter service to New Jersey and Greyhound routes to Philadelphia, Boston and Washington, DC, according to Kenny. Police

Updated On: 07 Dec 2024 | 10:36 AM IST

New York City Mayor Eric Adams appears open to switching parties to become a Republican, as he declined to rule out a future change in political allegiances during a pair of interviews on Friday that came as he has increasing warmed to President-elect Donald Trump. The comments from Adams, the top Democrat in one of the country's most liberal cities, riled critics who have grown concerned over the mayor's increasing willingness to throw his support behind Trump and his hardline immigration policies. Adams, who faces federal corruption charges, was a registered Republican in the 1990s and early 2000s but has spent his political career as a Democrat. In a Friday morning interview with the local cable news station NY1, Adams was asked if he would consider a return to the GOP. The Democrat appeared to leave open the possibility of a switch. The party that's the most important for me is the American party, he said. I'm a part of the American party. I love this country. This is the home

Updated On: 07 Dec 2024 | 7:22 AM IST

The masked gunman who stalked and killed the head of one of the largest US health insurers had the words deny, defend and depose emblazoned on his ammunition, echoing a phrase used by industry critics, two law enforcement officials said Thursday. The words were written in permanent marker, according to one of the officials, who were not authorized to publicly discuss details of the investigation into the shooting early Wednesday outside a Manhattan hotel and spoke to The Associated Press on the condition of anonymity. With the gunman still at large, police also released photos of a "person of interest" wanted for questioning in connection with the killing of UnitedHealthcare CEO Brian Thompson. The images, showing an unmasked man in the lobby of a Manhattan hostel, add to a collection of photos and video that have circulated since the shooting including footage of the attack itself, as well as still frames of the suspected gunman stopping at a Starbucks beforehand. Thompson, 50, d

Updated On: 06 Dec 2024 | 9:24 AM IST

Investigators are searching for clues that could help them identify the masked gunman who stalked and killed the leader of one of the largest UShealth insurance companies on a Manhattan sidewalk, then disappeared into Central Park. UnitedHealthcare CEO Brian Thompson, 50, died in a dawn ambush Wednesday as he walked to the company's annual investor conference at a Hilton in Midtown, blocks from tourist draws like Radio City Music Hall and the Museum of Modern Art. The killing, and the shooter's movements in the minutes before and afterward, were captured on some of the multitudes of security cameras present in that part of the city. One video showed him approach Thompson from behind, level his pistol and fire several shots, barely pausing to clear a brief gun jam while the dying health executive tumbled to the pavement. Other security cameras captured the initial stages of the gunman's escape. He was seen fleeing the block across a pedestrian plaza, then escaping on a bicycle into

Updated On: 05 Dec 2024 | 12:17 PM IST

The SBA is the federal agency responsible for helping "Americans start, grow, and build resilient businesses" according to its website

Updated On: 05 Dec 2024 | 8:13 AM IST

President-elect Donald Trump's lawyers formally asked a judge Monday to throw out his hush money criminal conviction, arguing continuing the case would present unconstitutional disruptions to the institution of the Presidency. In a filing made public Tuesday, Trump's lawyers told Manhattan Judge Juan M. Merchan that dismissal is warranted because of the extraordinary circumstances of his impending return to the White House. Wrongly continuing proceedings in this failed lawfare case disrupts President Trump's transition efforts, the attorneys continued, before citing the overwhelming national mandate granted to him by the American people on November 5, 2024. Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated openness to delaying sentencing until after Trump's second term ends in 2029. Following Trump's election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, ...

Updated On: 04 Dec 2024 | 8:50 AM IST

According to reports, Aliya Fakhri, the sister of Bollywood actor Nargis Fakhri, has been arrested in relation to the murder of her ex-boyfriend and his friend in Queens, New York, last month

Updated On: 03 Dec 2024 | 12:58 PM IST

Harvey Weinstein's lawyers filed a legal claim against New York City, alleging that he is receiving substandard medical treatment in unhygienic conditions while in custody at the notorious Rikers Island jail complex. The Tuesday's notice of claim, which is the first step in filing a lawsuit against the city, accuses the facility of failing to manage the former movie mogul's medical conditions, which include chronic myeloid leukemia and diabetes, and negligence ranging from freezing conditions to a lack of clean clothes. The city's law department and Department of Correction did not immediately respond to requests for comment. When I last visited him, I found him with blood spatter on his prison garb, possibly from IV's, clothes that had not been washed for weeks, and he had not even been provided clean underwear hardly sanitary conditions for someone with severe medical conditions, Weinstein's attorney, Imran H Ansari, said in a statement, comparing the facility to a ...

Updated On: 27 Nov 2024 | 10:00 AM IST

Bragg's office said they would argue against dismissal, but agreed Trump deserved time to make his case through written motions

Updated On: 22 Nov 2024 | 9:52 PM IST

Adani, others in $265 mn bribery case

Updated On: 22 Nov 2024 | 10:35 AM IST

A man carried out a string of stabbings across a swath of Manhattan on Monday morning, killing two people and critically wounding a third without uttering a word to his victims, officials said. The 51-year-old suspect was in police custody after being found with blood on his clothes and the two kitchen knives he was carrying, authorities said. The suspect's and victims' names weren't immediately released. Three New Yorkers. Unprovoked attacks that left us searching for answers on how something like this could happen, Mayor Eric Adams said at a news conference. He called the violence a clear, clear example" of failures in the criminal justice system and elsewhere. The suspect, apparently homeless, had been sentenced in a criminal case a few months ago, the Democratic mayor said, without giving further details. The attacks happened within 2 1/2 hours, said Joseph Kenny, police chief of detectives. The first, on West 19th Street, killed a construction worker who was standing by his w

Updated On: 19 Nov 2024 | 7:48 AM IST

Firefighters in New York said on Sunday that a successful voluntary evacuation overnight helped them protect about 165 homes from a wildfire near the New Jersey border. However, New York City's fire department has taken the first-of-its-kind step of creating a brush fire task force to respond to what officials are calling a historic increase in brush fires occurring throughout the five boroughs, the FDNY commissioner announced. From November 1 to November 14, the FDNY responded to 271 brush fires across the city, marking the highest two-week period in New York's history. "Due to a significant lack of rainfall, the threat of fast-spreading brush fires fuelled by dry vegetation and windy conditions have resulted in an historic increase of brush fires throughout New York City," Commissioner Robert S Tucker said in a statement. Windy conditions renewed a wildfire on Saturday that escaped a containment line and prompted emergency officials to enact a voluntary evacuation plan for a ...

Updated On: 18 Nov 2024 | 7:54 AM IST

Donald Trump's first picks for immigration policy jobs spent the last four years angling for this moment. Stephen Miller and Thomas Homan had critical roles in the first Trump administration and are unapologetic defenders of its policies, which included separating thousands of parents from their children at the border to deter illegal crossings. With Trump promising sweeping action in a second term on illegal immigration, the two White House advisers will bring nuts-and-bolts knowledge, lessons from previous setbacks and personal views to help him carry out his wishes. After Trump left office in 2021, Miller became president of America First Legal, a group that joined Republican state attorneys general to derail President Joe Biden's border policies and plans. Homan, who worked decades in immigration enforcement, founded Border 911 Foundation Inc, a group that says it fights against a border invasion and held its inaugural gala in April at Trump's Florida estate. Homan knows how the

Updated On: 13 Nov 2024 | 8:04 AM IST

New wildfires burned Tuesday across the Northeast, adding to a series of blazes that have come amid very dry weather and killed at least one person, while much larger fires raged in California and other western states. Heavy smoke led to poor air quality and health advisories for parts of New Jersey and New York, including New York City. Firefighters in Massachusetts worked to contain dozens of fires amid strong winds and drought conditions. The National Weather Service issued a red flag warning for much of that state and parts of Connecticut, saying conditions were critical and fires could rapidly spread. Massachusetts officials said all of the 200 or so fires they had been dealing with this month had been caused by human behaviour, and Governor Maura Healey urged people to avoid lighting fires. Now is not the time to burn leaves. Now is not the time to go outside and light a fire, she told reporters in Middleton. One fire in southern New Jersey tripped fire alarms and set off ca

Updated On: 13 Nov 2024 | 7:17 AM IST