Daily business news in the Great State of New York!
The law firm Fried, Frank, Harris, Shriver & Jacobson LLP has elected 12 new partners and promoted 11 new special counsel, effective March 1, 2022. Fried Frank has over 500 lawyers in the U.S. and Europe. “We congratulate our new partners and special counsel,” said David J. Greenwald, Chairman of Fried Frank. “Our people are […]
NEW YORK — American Express has added Plan It, American Express’ on-card buy now, pay later feature, as a checkout option for Delta Airlines tickets on delta.com. With this update, American Express U.S. Consumer Card Members can now choose from the available Plan It options while booking Delta travel. According to an American Express survey, […]
NEW YORK — Wallaroo Labs, Inc., has closed a $25 million Series A round led by Microsoft’s venture arm, M12. Wallaroo helps enterprises easily deploy, run, and observe Machine Learning (ML) models in production at scale so they actually impact the bottom line. New investors Ridgeline Partners and NSS Advisors joined existing seed investors Boldstart […]
Nearly 150 million people watched the Super Bowl last Sunday according to measurement firm iSpot.tv. According to results from iSpot.tv’s second-by-second cross-platform measurement, Super Bowl LVI, which ran from 6:33-10:09 ET on February 13, drew an average minute audience of 121 million viewers that tuned in to watch the Los Angeles Rams defeat the Cincinnati […]
NEW YORK — Leaf Logistics, a machine learning-based transportation platform that connects shippers, carriers, and other logistics partners, has raised $37 million in Series B funding. The round was led by Sozo Ventures, with participation from Madrona Venture Group, as well as previous investors including Playground Global, Floodgate, Schematic Ventures, and Supply Chain Ventures. Notable individual investors joining the round […]
New York Governor Kathy Hochul announced the expansion of fast and flexible learning options with more than 400 microcredentials across 31 SUNY campuses to help everyone from current students to working professionals gain skills, knowledge, and experience that employers are looking for. Microcredentials are designed to be completed in a shorter timeframe than a college degree, […]
NEW YORK — The law firm Fried, Frank, Harris, Shriver & Jacobson LLP announced that Audrey Strauss is rejoining the Firm. Ms. Strauss most recently served as the US Attorney for the Southern District of New York (SDNY), and prior to that, as Deputy US Attorney to former US Attorney and current Head of the […]
NEW YORK — American fashion brand Anne Klein has chosen supermodel, actress and activist Joan Smalls as the face of its Spring 2022 campaign. The brand debuted its Spring campaign this week during New York Fashion Week. Smalls is featured in a See It Now, Buy It Now lookbook and video presentation on the CFDA’s Runway […]
NEW YORK — Splendid Spoon, a women-owned and -operated national meal delivery service specializing in ready-made plant-based soups, bowls and smoothies, has closed a $12 million funding round led by Swedish investor Nicoya. Additional investors who contributed include Danone Manifesto Ventures, Torch Capital, Reddit co-founder Alexis Ohanian, Rent the Runway co-founder Jennifer Fleiss and Ashok and Meera Vasudevan, founders of […]
NEW YORK — Northspyre, a financial tracking and project delivery automation platform for real estate developers, has secured $25 million in Series B funding to further grow its business and expand its solution to improve the development process within the multi-trillion dollar commercial real estate industry. The new round is led by CRV, with participation […]
NEW YORK — HealthCare.com, a digital health insurance platform, announced the extension of its recent Series C equity round, which was led by Oaktree Capital Management as well as existing investors AXIS Capital, Second Alpha and Link Ventures. The additional $31.5 million in Series C equity financing came from healthcare-focused private equity firm Hildred Capital Management, bringing the […]
NEW YORK — American Express has launched American Express Rewards Checking, the company’s first all-digital consumer checking account, currently available for eligible U.S. Consumer Card Members. Amex Rewards Checking offers a range of benefits, including Membership Rewards points for eligible Debit Card purchases, an annual percentage yield (APY) rate that is 10 times higher than […]
NEW YORK — United Airlines plans to expand service to one of the world’s most popular vacation destinations by offering three nonstop flights per week, year-round, between New York/Newark and Cape Town International Airport in South Africa, subject to government approval. The new schedule starts on June 5 and means that more than 85 U.S. cities – including […]
NEW YORK — Empire State Realty Trust, Inc. said it has signed three new retail leases with AT&T Mobility, Subway, and Le Café Coffee at two of its New York City properties. 10 Union Square East AT&T Mobility signed its third lease with ESRT for a 3,077 square foot retail space in January 2022. Steve E. […]
NEW YORK — SL Green Realty Corp. announced that it signed leases totaling 573,806 square feet during the fourth quarter of 2021, bringing the total volume of leases signed in 2021 to 1,929,714 square feet, well in excess of the Company’s initial projections of 1,300,000 square feet. New leases at SL Green’s skyscraper next to […]