Time Inc. Cuts 300 Positions

Time Inc. — publisher of Time, People, Fortune and Sports Illustrated magazines — has cut 300 workers or about 4% of its total workforce according to Reuters. The job losses include both layoffs and budgets. Time Inc. is one of the nation’s leading magazine publishers but has seen magazine circulation and advertising decline with the …

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New 332 Area Code for Manhattan Launches Saturday

Manhattan is getting a new area code 332 starting on Saturday and will be the fourth area code for the island. All customers within the existing 212, 646, and 917 area codes should be prepared for the introduction of the 332 area code. Verizon announced that beginning June 10, 2017, Manhattan customers requesting new service, …

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CNN to Launch CNN Tech

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CNN is doubling down on its technology coverage by launching an all-new CNN Tech – a  digital destination that will examine technology and tools that affect all consumers. With this move CNN is elevating its technology coverage from a beat to a standalone business more closely aligned with its premium content brands such as CNN …

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Blackstone Reaches Goal of Hiring 50,000 Veterans

NEW YORK — Blackstone, one of the world’s largest investment firms, announced it is has reached its goal of hiring 50,000 American military veterans, caregivers and spouses across its portfolio of companies, one year ahead of its original five-year target. The firm has also committed to a new goal of hiring 50,000 additional military veterans, …

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IBM Managers Share Advice for Job Seekers

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ARMONK, NY — Three IBM hiring managers are sharing valuable advice for New Collar Job seekers pursuing careers in some of today’s fastest growing technology fields, from cloud computing and cybersecurity to cognitive systems and digital design. There are more than 500,000 technology jobs available today in the United States, but businesses like IBM and …

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Chobani Launches Second Incubator Program

(PRNewsfoto/Chobani)

NORWICH, NY – Greek yogurt maker Chobani is launching a second class for the Chobani Food Incubator following the success of its inaugural program last year. Applications are being accepted through June 4, 2017. Chobani’s founder and CEO, Hamdi Ulukaya, launched the Chobani Food Incubator in 2016 to support food entrepreneurs aiming to challenge the …

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Jeff Koons Ballerina Statue Featured in Rockefeller Center

Seated Ballerina, 2017 © Jeff Koons / Photo: Tom Powel Imaging (PRNewsfoto/Tishman Speyer,Kiehl’s)

NEW YORK — A new public art exhibit, Jeff Koons’s Seated Ballerina, is now at Rockefeller Center from May 12 – June 2, 2017. Hosted by real estate company Tishman Speyer, the inflatable nylon sculpture stands 45 feet high and depicts a seated ballerina from the artist’s iconic Antiquity series. Often referencing historical imagery and …

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NBC News Names National Political Correspondent

NEW YORK – Steve Kornacki has been named National Political Correspondent for NBC News and MSNBC, a role that will expand his duties and visibility across both networks. Kornacki will also contribute regularly to political reporting on NBC News’ TODAY and become the primary fill-in host for Hardball with Chris Matthews. In addition, Kornacki will …

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NY Times Adds 308,000 Digital Subscriptions

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The NY Times Company reported first-quarter results for 2017 and said it had over 2.2 million digital subscribers. Total revenues for the first quarter increased 5.1% to $398.8 million from $379.5 million in the first quarter last year. Circulation revenues increased 11.2%, while advertising revenues declined 6.9% and other revenues increased 20.9%. Mark Thompson, president …

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NY to Host International Franchise Expo

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NEW YORK — Aspiring entrepreneurs ready to get on the fast track to business ownership will have a unique opportunity to meet face-to-face with executives from more than 400 proven franchise brands at the International Franchise Expo (IFE). The Javits Center in New York City will become the epicenter of business opportunities from June 15-17. …

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Mastercard Will Let You Pay at Vending Machines With App

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Mastercard hopes to make creased dollar bills and spare coins a thing of the past at vending machines next month. Through a partnership with PayRange, maker of the world’s simplest mobile payment solution for machines, consumers can buy beverages and snacks with its Masterpass app at vending machines across 300 cities in the United States …

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Alcoa to Move Headquarters to Pittsburgh

NEW YORK — Alcoa Corporation plans to move its NY headquarters to Pittsburgh and consolidate administrative locations around the globe as it looks to streamline and lower costs. The company is a global leader in bauxite, alumina and aluminum products. It split into two companies — Alcoa and Arconic — last November. Alcoa will close …

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Martha Stewart Launches Online Wine Shop

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NEW YORK — Home decorating expert Martha Stewart has launched her own wine shop in partnership with her marketing firm Sequential Brands Group and online retailer DRINKS.  Martha Stewart Wine Co. features a curated collection of wines, plus monthly wine club options and special occasion gift memberships, and is available at MarthaStewartWine.com. Wine lovers can …

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