News

Buyk Expands Grocery Delivery Service to Queens, Brooklyn

NEW YORK — Buyk, a retail service that promises grocery delivery within 15 minutes, has expanded into Brooklyn, Queens and the Bronx, following the company’s launch in Manhattan in September. The move brings the Company’s total number of dark stores to 20, making Buyk one of the largest and fastest-growing ultrafast grocery delivery services operating […]

News

American Express Offers First-Ever Debit Card

NEW YORK — American Express has introduced a new Business Checking account designed for small and mid-sized (SME) businesses. This fully digital Business Checking account offers a secure, high-yield, and low fee digital banking experience with interest rate of 1.1% on balances up to $500,000. The checking account connects with existing American Express Credit Cards […]

News

Tablet Market Down, iPad Sales Up

The tablet market saw a 10% drop in shipments year-on-year, but market demand is still far stronger than it was pre-pandemic with people working from home, according to a new report by Strategy Analytics. Apple managed to buck the trend with shipments up 15% year-over-year and 38% of the tablet market share on the strength […]

News

GlobalFoundries Goes Public and Drops Below IPO Price

Chip maker GlobalFoundries made its debut on the Nasdaq stock market Thursday at $47 per share but the stock dropped slightly on the day to close at $46.40, down 60 cents. The company trades under the symbol GFS and raised $2.6 billion. [Photo above from Twitter: GlobalFoundries CEO Tom Caulfield (center) celebrates with employees the […]

News

Billie Eilish to Launch New Perfume

NEW YORK — Music superstar Billie Eilish is launching her first perfume in partnership with Parlux called Eilish. The 19-year old from Los Angeles has been obsessed with scent her entire life, from a fascination with perfume bottles as a child to collecting hundreds of fragrances as she toured the world. To bring her first […]

News

Accounting Firm Mazars Names 8 New Partners, Principals

NEW YORK — Accounting firm Mazars announced that effective September 1, 2021, John Confrey, Rachel Efthemes, Timothy Evans, Melissa Gonzalez, Benjamin Hutterer, Samuel Pizzichillo, and Stephen Saluccio have been named Partners and Shiv Venkatraman has been named a Principal. “Each of the individuals named Partner or Principal this year has demonstrated a commitment to living The Mazars Way – not only delivering exceptional client service […]

News Retail

Macy’s to Hire 76,000 Employees for Holidays

NEW YORK — Macy’s, Inc., the nation’s largest department store company, plans to hire 76,000 full- and part-time employees for the holidays at its Macy’s, Bloomingdale’s and Bluemercury stores along with call centers and distribution and fulfillment centers. Approximately 48,000 of these positions are for the holiday season, while the remaining jobs are permanent opportunities […]

News

IBM Unveils Software to Help Businesses Address Climate Risk

ARMONK, NY — IBM has announced a suite of environmental intelligence software that leverages Artificial Intelligence (AI) to help organizations prepare for and respond to weather and climate risks that may disrupt business, more easily assess their own impact on the planet, and reduce the complexity of regulatory compliance and reporting. Companies are facing climate-related […]

Funding News

Oshi Health Reels In $23 Million Round

NEW YORK — Oshi Health, a virtual specialty care company transforming gastrointestinal (GI) health outcomes and economics, announced a $23 million Series A funding round from leading healthcare venture capital funds and individual investors. The funds will be used to rapidly scale Oshi Health’s groundbreaking virtual-first, integrated approach to GI care delivery. Oshi Health’s evidence-based, […]

News

Plug Power to Team Up on Hydrogen-Powered Van With Renault

LATHAM, NY — Plug Power Inc., a provider of fuel cells powered by hydrogen, is teaming up with French auto maker Renault to introduce the HYVIA hydrogen ‘Renault Master Van H2-TECH prototype’. The vehicle was unveiled at the 2021 Plug Power Symposium, the first time the new hydrogen fuel cell powered van is being shown […]