Stories from New York · United States

Stellantis reported positive earnings for the first quarter, driven by rising demand in North America. Net profit for the company climbed to 377 million euros. This follows a reported loss during the same period last year.

International Atomic Energy Agency Director General Rafael Grossi stated during a press conference at the UN headquarters that the IAEA is not currently a participant in negotiations between the United States and Iran regarding the Iranian nuclear issue.

Bitdeer, a company that entered the crypto asset sector in 2024 after two years of mining, is undergoing a second business transformation. The company's share price was recently reported at 0.44 USD, bringing the total valuation to 178 million USD.

Bain Capital is reportedly planning to offload its majority stake in Tyger Capital.

Goldman Sachs has filed documentation with the SEC to launch a Bitcoin fund. Bitcoin price has exceeded $69,000 for the first time since February 16.

Alphabet and Amazon are seeing financial payoffs from their artificial intelligence spending. Meta is lagging behind in comparison, according to analysts. The report notes a divergence in how major tech companies are benefiting from AI investments.

The S&P 500 index decreased by 2.85 points to close at 7,135.95. The Nasdaq closed at 24,673.24. Technology stocks showed signs of recovery, rising by 1.8% following market adjustments involving Amazon and Alphabet. Investors are monitoring these shifts after Alphabet announced it would not cut certain platforms, according to the report. The S&P 500 ended the Monday session at 7,200, representing a 0.4% decrease. The Dow Jones Industrial Average fell by 1.1% during the session. The 10-year Treasury yield was reported at 5.01%.

Noise hotspots in New York City reach levels of 90 decibels. The city is now categorized among the ten loudest cities in the world. Local residents noted that noise is considered a standard part of the urban environment.

Purdue will cease to exist as of Friday, according to a hearing. President Trump told reporters at the White House he is still considering a government bailout. The company's closure comes one year after the Sackler family reached a $7 billion settlement regarding the company's role in the opioid crisis. A public benefit corporation named Knoa Pharma will replace the company. Knoa Pharma will use the remaining assets to continue producing medication. The shutdown occurs as part of a bankruptcy settlement valued at more than $10 billion. US government officials have blamed the company for fueling the national opioid crisis. The new organization will operate under close government oversight and is barred from lobbying activities. The Sackler family, who have not admitted wrongdoing, are expected to make their first settlement installment payment of $1.5 billion before the end of this year.

Rachel Zegler will return to Broadway as the lead in Evita in spring 2027. Zegler previously played the role on London's West End last year. The musical's director stated that a specific scene involving singing from a balcony to a crowd will not be possible in the New York City production. Actress Rachel Zegler is set to return to Broadway next year to reprise her lead role in Aveda. The performance is scheduled for next spring following her West End run in London. Zegler recently received an Olivier Award for her performance in the production. The announcement was made during a broadcast regarding her upcoming musical projects. The announcement confirms her return to the stage following her recent success in London. The announcement follows the release of a luxe version of the Great Impersonator album this Friday.