Sections SEARCH Skip to content Skip to site index New York Subscribe Log In Subscribe Log In Today's Paper Advertisement Supported by New York Today ByGabrielle Guz and Alexandra S. Levine Aug. 13, 2018 Updated, 6:30 a.m. Good morning on this mediocre Monday. Picture this. You’ve just nestled into a seat at your local coffee shop to catch up on emails and read New York Today. You click your Wi-Fi network options, select “CAFE GUEST Net,” and — woo hoo — you’re online. The name looked innocuous enough. Convenient, too, without a password. But is that network actually safe? “Illegitimate networks are difficult to spot because they look exactly like real ones,” said David Mitchell, the chief technology officer of Intersection, a New York-based company that manages Wi-Fi networks around the world. Signing in to an unsecured wireless network puts much of your private information … [Read more...] about New York Today: Is Your Wi-Fi Network Safe?
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ALBANY, N.Y. — State regulators trying to curb money laundering and safeguard investors on Thursday proposed a special set of rules for firms involved in trading and storing virtual currencies. New York is the first state to propose issuing separate regulations for virtual currencies, demonstrating the importance regulators attach to the fledgling field. New York City is home to several startups dealing in bitcoin, the most popular virtual currency, and some Wall Street firms are edging into the field as well. Some industry firms vowed to comply. But the Bitcoin Foundation, a nonprofit organization that promotes the currency, questioned whether separate regulations were warranted and suggested operators should instead be integrated into existing financial regulations. The proposal by the Department of Financial Services would establish a so-called BitLicense. Merchants and consumers who use the virtual currency solely to buy and sell goods and services wouldn’t … [Read more...] about New York proposes regulations for companies trading Bitcoin, virtual currencies
ENVIRONMENT 08/01/2018 06:10 pm ET Updated 1 hour ago The story laments a lost opportunity when climate change was a bipartisan issue from 1979 to 1989. But another bipartisan change was happening too. By Alexander C. Kaufman It’s obvious why controversy engulfed The New York Times Magazine’s 31,000-word opus on climate change before it was even published online Wednesday morning. The story, titled “Losing Earth,” takes an ambitiously nuanced stab at anthropogenic global warming. Writer Nathaniel Rich chronicles the years from 1979 to 1989, a window when the science made clear that greenhouse gases were warming the planet and the fossil fuel industry’s big-tobacco-style misinformation campaign hadn’t yet warped the debate or weaponized the Republican Party into full-scale denial. The story is a rumination on regret, a deliberate attempt to step beyond the orthodoxies of climate messaging of clear-cut villains and urgent calls for … [Read more...] about The Real Missing Villain In The New York Times Magazine’s 31,000-Word Climate Opus
NEW YORK, Aug. 09, 2018 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) announced today that it plans to make a public offering of 12,500,000 shares of its common stock. NYMT also expects to grant the underwriters an option to purchase up to an additional 1,875,000 shares of common stock. Morgan Stanley, Credit Suisse, Barclays, Deutsche Bank Securities, J.P. Morgan, Keefe, Bruyette & Woods, A Stifel Company, RBC Capital Markets and UBS Investment Bank will serve as bookrunning managers for the offering. NYMT intends to use the net proceeds of this offering for general business purposes, which may include, among other things, acquiring its targeted assets, including both single-family residential and multi-family credit investments, and various other types of mortgage-related and residential housing-related assets that the Company may target from time to time and general working capital purposes. The offering is … [Read more...] about New York Mortgage Trust Announces Public Offering of Common Stock
NEW YORK, Aug. 09, 2018 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) announced today that it priced an underwritten public offering of 12,500,000 shares of its common stock at a public offering price of $6.16 per share. NYMT also granted the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of common stock. The offering is expected to close on August 14, 2018, subject to customary closing conditions. Morgan Stanley, Credit Suisse, Barclays, Deutsche Bank Securities, J.P. Morgan, Keefe, Bruyette & Woods, A Stifel Company, RBC Capital Markets and UBS Investment Bank acted as joint bookrunning managers for the offering. NYMT estimates that the net proceeds from the offering will be approximately $74.7 million (or approximately $86.0 million if the underwriters exercise in full their option to purchase additional shares) after deducting the underwriting discounts and commissions … [Read more...] about New York Mortgage Trust Announces Pricing of Public Offering of Common Stock