Daily business news in New York
NEW YORK — With millions of Americans stuck at home, HBO is making nearly 500 hours of programming available to stream for free for a limited time on HBO NOW and HBO GO–without a subscription. The list of free programming includes every episode of nine popular HBO series such as The Sopranos, Veep, Six Feet Under, […]
ALBANY – The NYS Department of Labor announced that 369,025 initial Unemployment Insurance (UI) claims were filed for the week ending March 28, 2020, representing an increase of 288,516 claims from the 80,509 UI claims that were filed the previous week. Compared to last year, initial claims for Unemployment Insurance in New York State for […]
Walmart and Target, the nation’s two-largest retailers, announced it would begin limiting the number of shoppers inside stores to prevent the spread of coronavirus. Walmart said stores will allow no more than five customers for each 1000 square feet at a given time, roughly 20 percent of a store’s capacity. An average Walmart store is […]
NEW YORK — Otis Worldwide and Carrier Global have been added to the S&P 500 Index on Friday. Department store chain Macy’s is being booted from the S&P 500 Index due to a decline in stock price. United Technologies Corp. spun off Otis Worldwide and Carrier Global. They merged with Raytheon in transactions completed Friday. […]
NYC Schools are now offering free meals to all New Yorkers, not just children. The city schools have been offering free kids meals while school has been out for the past two weeks but Mayor de Blasio is now opening the service to all New Yorkers who need a meal. Any New Yorker who wants […]
Trader Joe’s, the popular supermarket chain, announced that two NY stores remain closed for cleaning after employees working there tested positive for Covid-19. The locations are in Hewlett in Westchester County and Merrick on Long Island. The Trader Joe’s store in Paramus on busy Rt. 17 is also temporarily shuttered. The Merrick and Paramus stores […]
Experienced media executive Jason Kilar has been named CEO of WarnerMedia, starting on May 1. WarnerMedia is a subsidiary of AT&T and was formerly known as Time Warner. It operates CNN, HBO, Turner Networks including TNT and TBS, and Warner Bros. Kilar, 48, previously was the founding CEO of Hulu and SVP at Amazon. He […]
The average gallon of gas nationwide is just $1.97 according to data from the app GasBuddy, falling 10.1 cents from last week alone. GasBuddy compiles data submitted by users from more than 11 million individual price reports covering over 150,000 gas stations across the country. The average price of diesel, meanwhile, fell 5.5 cents to $2.61 […]
If you are filing for unemployment in New York, you’ve probably found it difficult if not impossible to reach someone in the NYS Dept. of Labor Unemployment Insurance Claim Centers. That’s because call volumes have hit unprecedented levels with so many people forced out of work. The Dept. of Labor says it typically gets 50,000 […]
Walmart CEO and President John Furner announced that the company will begin taking the temperatures of employees as they report to work in Walmart stores, Sam’s Club stores and other facilities, as well as asking them some basic health screening questions. The company is now sending infrared thermometers to all locations, which could take up […]