Daily business news in New York
ENGLEWOOD CLIFFS, NJ — Former Fox newscaster Shepard Smith is joining business channel CNBC to anchor an evening news program starting this fall. He will be based at CNBC Global Headquarters in Englewood Cliffs, N.J. effective July 13th. Smith will anchor a new one-hour evening news program titled The News with Shepard Smith, airing Monday through Friday at 7 p.m. The […]
Governor Andrew Cuomo announced that three additional states meet the metrics to qualify for the travel advisory requiring individuals who have traveled to New York from those states, all of which have significant community spread, to quarantine for 14 days. The newly-added states are Delaware, Kansas and Oklahoma. The quarantine applies to any person arriving […]
NEW YORK — Curv — which provides a digital wallet for institutions — has raised $23 million in a round backed by CommerzVentures, Coinbase Ventures, and Digital Garage Lab Fund, with previous investors Digital Currency Group and Team8 also participating. The Series A round — which brings Curv’s total funding to $30 million — will […]
BROOKLYN — New York Cancer & Blood Specialists (NYCBS) is partnering with The Brooklyn Hospital Center (TBHC), an independent community hospital, to build a new comprehensive cancer care facility, The Brooklyn Cancer Center. The newly created center will be located at 523 Fulton Avenue in Downtown Brooklyn and is expected to be complete during the 4th quarter of […]
Lululemon, maker of athleticwear, has agreed to acquire MIRROR, an in-home fitness company based in NY that features live and on-demand classes with its two-way mirror screen, for a purchase price of $500 million. MIRROR’s primary product is a device that sells for $1,495 and can be placed in your home, apartment or almost anywhere […]
PURCHASE, NY – Mastercard announced it has entered into an agreement to acquire Finicity, a Utah-based provider of real-time access to financial data and insights. Mastercard will pay $825 million for the company, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million, if performance targets are met. […]
NEW YORK – SevenRooms, which operates a reservation management system for restaurants and hotels, has raised a $50 million Series B funding round led by Providence Strategic Growth (“PSG”). This latest funding will support SevenRooms’ continued global expansion and enable the company to further enhance the industry’s only end-to-end guest experience platform focused on helping […]
NEW YORK — Doorkee, which operates an all-in-one digital platform in NY for landlords and tenants, has raised $5.7 million in early-stage funding. The seed round was led by New York City landlord Simon Baron Development and early-stage venture capital firms Corigin Ventures and Alpha Edison. Investors in the round also included landlords Stonehenge NYC and Bushburg Properties. Co-founders John Fagan, […]
NEW YORK — Macy’s, Inc., the nation’s largest department store chain, says it’s fighting for survival due to store closures and the coronavirus pandemic. The company announced details of a restructuring that will trim its costs with lower sales as the business recovers from the closure of stores from March 18 through May 4, 2020 […]
With business travel down in the dumps due to the pandemic, JetBlue is looking to add 30 routes this summer and fall to serve customers in markets where leisure and VFR (visiting friends and relatives) travel is showing some signs of strength. The new routes offer JetBlue the opportunity to generate revenue, bring aircraft back […]