Daily business news in the Great State of New York!
NEW YORK — Korr, an insurtech startup based in New York City, has closed $3.2 million seed funding round. The round was led by Motive Ventures along with Tokio Marine Future Fund, marking a significant step in Korr’s journey to modernize insurance technology. Early investors include Plug and Play Ventures. Founded in 2021, Korr’s cloud-native core operating system migrates on-premise legacy systems […]
On January 11, 2024, the New York State Police from the Poughkeepsie barracks arrested Brandon M. Green, age 31, of Pittsfield, MA, for Criminal Possession of a Controlled Substance in the 1st degree, a class A-I felony, and Driving While Ability Impaired by Drugs, an unclassified misdemeanor. At approximately 2:00 a.m., Troopers conducted a traffic stop […]
The Port Authority of New York and New Jersey last week celebrated the first year of passenger service at Newark Liberty International Airport’s new Terminal A as the new terminal served 15 million passengers during its first year, which was 5 million more travelers handled any year by the 50-year-old outmoded terminal it replaced. The […]
Northwell Health announced the appointment of renowned colorectal surgeon Feza Remzi, MD, as vice president of its Center for Inflammatory Bowel Disease. About 3.1 million Americans suffer from inflammatory bowel disease (IBD), a condition associated with chronic inflammation of the gastrointestinal tract. Dr. Remzi, who will have an office in New Hyde Park and perform surgeries at hospitals […]
BRIDGEHAMPTON, NY — The art world is set to converge on the Hamptons this summer at the inaugural Hamptons Art Show, scheduled for July 10-14, 2024, at The Bridgehampton Museum, 2368 Montauk Highway, Bridgehampton, NY [Photo above: Corwith House]. This new art fair is the latest addition to the newly established “Fine Art Shows” portfolio, which also includes the renowned LA […]
Chase has opened the newest Chase Sapphire Lounge by The Club at New York’s LaGuardia Airport (LGA). The entrance to the two-floor lounge is located post-security on the fourth floor of the newly redeveloped Terminal B and is the brand’s largest to-date at more than 21,800 square feet. The new lounge is only for members […]
NEW YORK — BlackRock has agreed to buy Global Infrastructure Partners (“GIP”), a NY-based independent infrastructure fund manager, for $3 billion in cash and approximately 12 million shares of BlackRock common stock. The deal is worth about $12.5 billion. A $1 trillion market today, infrastructure is forecast to be one of the fastest growing segments […]
Max, the streaming service for HBO and Warner Bros. Discovery, received a total of 31 Emmys at the 75th Annual Primetime Emmy Awards, the most of any network or platform. The awards all came from 11 HBO Original series. HBO Originals swept the drama categories (Outstanding Drama Series, Lead Actor/Actress, Supporting Actor/Actress, Guest Actor/Actress, Directing, […]
In the fourth-coldest NFL game ever Saturday night, two-time Super Bowl MVP Patrick Mahomes led the Kansas City Chiefs to a 26-7 win over the Miami Dolphins in front of more than 71,000 fans who cheered in below-zero weather. It was also the NFL’s first-ever exclusively live streamed playoff game on Peacock, owned by Comcast. […]
Warner Bros. Motion Picture Group has inked a deal with action star Tom Cruise to jointly develop and produce original and franchise theatrical films starring Cruise in 2024 under a new strategic partnership between Cruise and Warner Bros. Discovery. Cruise and his production company will have offices on the Warner Bros. Discovery lot in Burbank, […]
Walmart CEO John Furner and Salesforce CEO Marc Benioff will participate in a fireside chat at the National Retail Federation NRF 2024: Retail’s Big Show starting Sunday at the Jacob Javits Center in Manhattan, discussing the future of artificial intelligence (AI) and its impacts on business. “From improving customer service to maximizing operations and more, […]
The NFL playoff game between the Pittsburgh Steelers and Buffalo Bills has been postponed from Sunday to Monday afternoon at 4:30 p.m due to blizzard conditions. Erie County is in a travel ban on Saturday night due to the snow and winds. All traffic on roads including highways and the NYS Thruway is banned in […]
Rippling, a San Francisco company that operates a workforce management platform, will expand its operations in New York City threefold, creating 390 new jobs and unlocking a $29 million investment in New York-based research and development over the next 10 years. The company will occupy 69,000 square feet on the 59th and 60th floors of […]
NEW YORK — Financial services firm Morgan Stanley has announced the appointment of 155 Managing Directors for 2024. This number is down from 184 promoted to Managing Director last year. Morgan Stanley provides a wide range of investment banking, securities, wealth management and investment management services. The new Managing Directors at the company for 2024 […]
NEW YORK CITY — The New York City Tourism + Conventions bureau announced the start of reservations for NYC Winter Outing 2024. The program runs from January 16 through February 4, offering savings on experiences across all five boroughs, including prix-fixe NYC Restaurant Week menus at over 600 restaurants; 2-for-1 tickets to 23 NYC Broadway Week shows; and 2-for-1 […]