Daily business news in the Great State of New York!
ARMONK, N.Y. and SAN FRANCISCO — IBM has agreed to buy HashiCorp Inc., a leading multi-cloud infrastructure automation company, for $35 per share in cash, representing a total value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities to enable organizations to automate their hybrid and multi-cloud […]
New York Attorney General Letitia James and Acting Commissioner of Taxation and Finance Amanda Hiller announced the arrest of Guy Kennedy Nicolas of Colonie, NY on six felony charges for allegedly failing to report over $2 million in taxable sales and pay over $160,000 in sales tax. An investigation led by the Office of the […]
NEW YORK — Manhattan’s Avenue B on the Lower East Side is welcoming the new Populares Mexican Restaurant & Bar. The modern boutique establishment brings a fresh perspective to traditional Mexican cuisine with an aim to delight diners. Serving up popular Mexican dishes infused with a contemporary twist, guests will enjoy tasty entrees and drinks […]
Amazon’s Prime Video is exclusively broadcasting 21 New York Yankees games this season but only for fans in New York state, Connecticut, north and central New Jersey, and northeast Pennsylvania. These games are included with a Prime subscription with no extra costs. Prime Video is available as part of the Amazon Prime membership, which costs $14.99 per […]
NEW YORK — TotalEnergies has begun construction of New York State’s largest onsite solar generating and storage system at John F. Kennedy (JFK) International Airport in partnership with the Port Authority of New York and New Jersey (PANYNJ) and the New York Power Authority (NYPA). To be erected as a canopy in one of JFK’s long-term parking lots, the solar carport will generate […]
Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality, the property’s owner and operator. The hotel, which is currently in the midst of an extensive renovation, is now bookable across Hyatt reservation channels and is expected to join the JdV by […]
NEW YORK — JPMorgan Chase leaders and community partners cut the ribbon on a new Community Center branch in the Grand Concourse neighborhood of the Bronx. This branch, the second of its kind in the city, is built to expand access to banking, tools and advice to help customers get on a path to financial […]
NEW YORK — Nagomi Security, a provider of cyber security and threat exposure management, has emerged from stealth with $30 million in funding to fundamentally redefine how security teams optimize effectiveness and drive efficiency from their existing security tools. The company operated in stealth mode with Seed funding from Team8, and the recent round was […]
WILLIAMSVILLE, NY – Tops Friendly Markets has celebrated the Grand Re-Opening of its 47,000 sq. ft. Moyers Corners, NY store this month. The renovation, totaling $2.5 million dollars in enhancements, welcomes residents into a warm, engaging environment. Located in the heart of the community, this location has been serving Moyers Corners and the surrounding community […]
NEW YORK — Summer Health, a digital health company offering 24/7 pediatric support to parents via text message, announced $11.65 million in Series A Funding, co-led by new investor 7wire Ventures and returning investor Lux Capital. Returning investors Sequoia Capital, Metrodora Ventures, Box Group, and Shrug Capital participated, with new participation from Pivotal Ventures, a Melinda […]
The NFL Draft kicks off Thursday night in Detroit and provides an opportunity for millions of fans across the globe to come together and support the next generation of players as they begin their NFL careers. This year in Detroit, inspirational fans, community leaders, and special guests will join the NFL and participate in the […]
NEW YORK — NFL players will receive $393.8 million in Performance-Based Pay for their performance during the 2023 season, the NFL announced this month. The Performance-Based Pay program is a collectively bargained benefit that compensates all players based upon their playing time and salary levels. The money goes mainly to players who earn near the […]
NEW YORK — Betterment, the largest independent digital investment advisor in the United States, has reached an agreement with Goldman Sachs to acquire Marcus Invest’s digital investing accounts. Marcus Invest, which offers digitally customized investment portfolios to consumers, will transfer these accounts to Betterment in the coming months. Marcus Invest will shut down. Terms of the agreement were […]
NEW YORK — HUE, the NYC-based apparel brand known for its legwear, is expanding into the footwear category with the launch of a new line of shoes, “Liflats”. These stylish and comfortable flats are designed with arch support (a lift) to promote better overall health. The new collection is set to go on sale this month. Founded […]
The James Beard Foundation has released its nominees for Best Chef Awards and Best Restaurant. Winners will be celebrated at the James Beard Restaurant and Chef Awards ceremony on Monday, June 10, 2024 at the Lyric Opera of Chicago. For Best Emerging Chef, there are two nominees from NY State out of five total: Fariyal […]