Daily business news in the Great State of New York!
Minouche Shafik, President of Columbia University, announced that Angela Olinto will be the school’s next Provost, effective April 1, 2024. Professor Olinto is currently at the University of Chicago, serving as Dean of the Division of the Physical Sciences and the Albert A. Michelson Distinguished Service Professor in the Department of Astronomy and Astrophysics. Professor […]
Taco Bell has unveiled a new Cravings Value Menu featuring a total of 10 craveable menu items and the new, permanent Veggie Build-Your-Own-Cravings-Box priced at $5.99. With this two-in-one value rollout, Taco Bell is putting more on the menu at affordable prices. Fans of Taco Bell’s Cravings Value Menu are in luck. The brand is […]
NEW YORK — Incentiv, a startup that helps private equity firms hire and retain employees, has closed a $3 million seed funding round, led by venture firm Bowery Capital. Incentiv’s journey began from a simple yet profound realization – compensation has gotten increasingly complicated, while the tools talent leaders have at their disposal to support […]
The Wendy’s Company announced that its Board of Directors has appointed Kirk Tanner as Wendy’s President and CEO, effective February 5, 2024. Mr. Tanner will succeed Todd Penegor, who will depart from the Company and Board in February after serving in senior leadership positions at Wendy’s for more than a decade. Mr. Tanner has also […]
BROOKLYN, NY — Q Mixers, a premium maker of drink mixers, has announced a multiyear partnership with Tao Group Hospitality, the hospitality group with venues like TAO, Hakkasan, Marquee, LAVO, and more, to become the exclusive mixer across 44 U.S. venues. Q Mixers will also be present at Tao Group Hospitality events, starting with the […]
Governor Kathy Hochul announced a plan to remove barriers for prospective school bus drivers applying for a commercial driver license. At the Governor’s direction, the DMV has implemented a federal waiver that allows school bus driver applicants to skip the engine compartment component, also called the “under the hood” component of the commercial driver license […]
Governor Kathy Hochul announced Smithtown-Kings Park as the Long Island winner of the seventh round of the Downtown Revitalization Initiative, receiving $10 million, as well as Brookhaven-North Bellport and Mineola as this year’s Long Island region NY Forward winners, receiving $4.5 million each. For Round 7 of the Downtown Revitalization Initiative, each of the state’s […]
The New York State Thruway Authority announced that the southbound lanes of the Thruway (I-87) from exit 18 in New Paltz to exit 17 in Newburgh will fully shut down to all traffic at 8 p.m. Saturday, Jan. 20, for at least 12 hours so contractors can safely remove the damaged Brookside Road overpass over […]
NEW YORK — Vicarius, developers of vRx, the industry’s first fully autonomous end-to-end vulnerability remediation platform, has landed a $30 million Series B led by cybersecurity investment firm Bright Pixel (formerly Sonae IM). AllegisCyber Capital, AlleyCorp, and Strait all participated in the financing. The company’s total funding, including investments from previous investors such as JVP, is now over […]
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 […]