Daily business news in New York!
NEW YORK — Summus, a virtual health company focused in specialty care, has raised $19.5 million to support the company’s continued growth and work to solve the access problem to high quality physicians. Following a previous investment round in 2022, Summus has now raised $70 million to expand its innovative approach to care. Summus has a curated network of more […]
The Fox Corporation and News Corporation (“News Corp”) announced that Rupert Murdoch is stepping down as chairman of each company’s board effective as of the upcoming Annual General Meeting of Shareholders of each company in mid-November. One of the most powerful men in all of media, the 92-year old Murdoch will become Chairman Emeritus of […]
NEW YORK — Vero Technologies, a wholesale financing technology and loan servicing platform, has closed an $8.5 million Series A funding round. Led by venture capital fund BankTech Ventures, Vero received significant investment from Sopra Steria Ventures and other notable fintech investors including Arcadia Funds, Antler, AAF Management, and the Independent Community Bankers of America. Vero plans to use the capital […]
Amazon plans to hire 250,000 people in full-time, part-time, and seasonal fulfillment center and transportation roles in hundreds of cities and towns across the U.S. Amazon says it is the country’s leading job creator—adding more than 800,000 jobs in the last five years—and is now investing $1.3 billion this year toward pay increases for customer […]
JetBlue has begun air service connecting New York’s John F. Kennedy Airport (JFK) with Washington, D.C.’s Ronald Reagan National Airport (DCA) over the weekend. The airline says this has been one of the most highly-requested routes by customers and is now offering round-trip service three times per day. The new service has an added benefit […]
NEW YORK — Macy’s Inc., which operates the nation’s largest department store chain, plans to hire for more than 38,000 full- and part-time seasonal positions this upcoming holiday season. Jobs are available at Macy’s, Bloomingdale’s and Bluemercury stores, as well as its distribution centers. Last year, Macy’s hired a total of 41,000 workers for the […]
New York University and Qunnect have announced the successful test of a 10-mile (16-km) quantum networking link between the Brooklyn Navy Yard and NYU’s campus in Manhattan. This technical milestone signifies a breakthrough that advances the next generation of networking protocols for quantum communication and opens the door for financial services, critical infrastructure, and telecom […]
NEW YORK — With the Super Bowl set for Las Vegas this winter for the first time, the hometown Raiders return to the #1 position for NFL tickets according to Stubhub. This is the second time the Raiders are on top since relocating to the entertainment capital, besting the always top-selling Dallas Cowboys by 30%, who […]
The payouts for the 2023 US Open tennis championship in Flushing will total $65 million, a new all-time high for the tournament. This year’s total marks an 8% increase from 2022’s total of $60 million, and includes $3 million awarded to the men’s and women’s singles champions. That sum is a 15% increase from the $2.6 million taken […]
NEW YORK — SnoFox, a company that provides data analytics for the global cold storage supply chain, has debuted with $4.5 million seed round led by Voyager Ventures, bringing total funding to date to $5.7 million. The round also includes participation from Pale Blue Dot, Ponderosa Ventures, and Mudcake. SnoFox plans to use the funds to reach new customers in […]