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Morgan Stanley

Politics
Hochul Decides On Lieutenant Governor, Reports Say Hochul Decides On Lieutenant Governor, Reports Say
Hochul Decides On Lieutenant Governor, Reports Say Kathy Hochul has hit the ground running in her opening two days as New York governor, reportedly choosing her top lieutenant a day after taking office. Hochul, who officially took over from former Gov. Andrew Cuomo on Tuesday, Aug. 24, has reportedly tapped State Sen. Brian Benjamin to serve as her lieutenant governor. Benjamin, a Democrat representing Harlem and other parts of Manhattan, was first elected to the State Senate in 2016 and has served two terms. He previously ran for New York City comptroller but lost in the primary in June to City Councilman Brad Lander. Incoming Lt. Gov…

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by Zak Failla
Police & Fire
Don Jr. Leaves NY As City Cancels Trump Organization Contracts, PGA, Corporate America Cut Ties Don Jr. Leaves NY As City Cancels Trump Organization Contracts, PGA, Corporate America Cut Ties
Don Jr. Leaves NY As City Cancels Trump Organization Contracts, PGA, Corporate America Cut Ties Donald Trump Jr. has become the latest member of the First Family to flee New York amid more fallout tied to the circumstances surrounding his father's unprecedented second impeachment. According to reports, Trump Jr. is following in the footsteps of his sister, Ivanka, who already left New York to establish residence in Florida. The move comes as the PGA moved the 2022 championship from the Trump golf course in Bedminister, New Jersey, and corporate America began severing all ties with the much-maligned president. Reports stated that Trump Jr. is looking at homes in Jupiter, Florida, less…

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by Zak Failla
News
Morgan Stanley Cutting Jobs Due To Uncertain Global Environment, Report Says Morgan Stanley Cutting Jobs Due To Uncertain Global Environment, Report Says
Morgan Stanley Cutting Jobs Due To Uncertain Global Environment, Report Says Wall Street giant Morgan Stanley will be cutting hundreds of jobs due to an “uncertain global economic outlook,” according to a new report. Morgan Stanley will be cutting approximately 1,500 jobs - roughly 2 percent of its workforce - impacting employees in technology, operations, sales trading, and research. The New York-based bank currently employees more than 60,000 people. According to CNBC, in October, Morgan Stanley posted third-quarter profit and revenue figures that beat analysts’ expectations. The company produced $10.1 billion in revenue, exceeding analysts’ estimates by appr…

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by Zak Failla
News
Long Island Man Sentenced For Stealing $1M From Dead Woman’s Estate, Possessing Child Porn Long Island Man Sentenced For Stealing $1M From Dead Woman’s Estate, Possessing Child Porn
Long Island Man Sentenced For Stealing $1M From Dead Woman’s Estate, Possessing Child Porn A Long Island man will spend more than a decade behind bars after he stole $1.2 million from a dead woman’s estate and was busted with child pornography. John Derounian, 51, of Sea Cliff, has been sentenced at the Central Islip Courthouse to 51 months in prison for mail fraud, and 70 months in prison for possession of child pornography - a total of 121 months - pleading guilty to the charges in June last year. As part of his sentence, Derounian has also agreed to pay $1,403,209.17 in restitution for his theft of more than $1.2 million from the estate of a deceased woman and was levied a $10…

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by Zak Failla