Stories from New York · United States

Knicks star Jalen Brunson sustained a knee injury during Game 1 of the NBA Finals. They overcame an 11-point deficit in the third quarter to secure the win.

Quantinuum raised $1.68 billion in an upsized US IPO, selling 28 million shares for $60 each. The IPO price was above its marketed range of $53 to $55. The offering values the company at $15.6 billion. Quantinuum's initial public offering has been valued at $15.6 billion.

Wall Street stocks pulled back from record highs as flaring tensions in the Middle East and rising crude prices stoked inflation jitters. The market's retreat followed a period of reaching record highs.

A past performance by Robert De Niro is being recalled as particularly terrifying. The source describes the performance as memorable and impactful.

New bank charters are being approved at a significantly lower rate than in previous years, with only four new charters approved in the last year. This trend has led to a decline in new bank creations, reaching its lowest point since the 1960s.

Macy's is planning to close 150 stores as part of a strategic pruning of its retail footprint. The company is focusing on its best-selling items and aims to make shopping more enticing. The closures are expected to impact numerous locations nationwide. Macy's announced plans to close 150 stores across the United States. This decision is part of a broader restructuring effort by the retail company. The specific locations of the closures were not immediately released. The retailer announced the closures on its earnings call. The department store chain is undergoing a process of restructuring. Analysts are reviewing the economic and cultural implications of these closures. Malls are adapting to remain destinations by incorporating elements like pickleball courts and grocery stores. The retail sector is experiencing shifts, with consumers reportedly pulling back on spending.

Geo Group, a private prison company, is reportedly making profits, with revenue increasing nearly seven hundred percent from the previous year. Critics argue that private prison companies have an incentive to cut corners to increase profits. The Geo Group is facing renewed scrutiny over conditions at its private detention facilities, with allegations of inadequate care. Critics are raising concerns about the management and oversight of these facilities. This scrutiny could lead to investigations or calls for reform. The explanation for these moves is reportedly tied to critical programs and the implications for the United States news business. Paramount Global is under scrutiny for its strategic decisions concerning CBS Corporation. Paramount Global is facing scrutiny regarding its strategic decisions for CBS Corp.

Perpetuals.com has partnered with Datavault AI to tokenize real-world commodity assets, starting with the MTB Copper project. This agreement was signed on June 01, 2026.

Encyclopaedia Britannica has filed a lawsuit against AI search engine Perplexity AI. A status conference was held on June 1, 2026, before Magistrate Judge Sarah L.

The American Association of University Professors unequivocally condemned catastrophic faculty and staff layoffs at The New School. The AAUP attributes the $48 million deficit to years of corporate overreach and administrative mismanagement.