Funding

KKR to Invest $1 Billion in Aircraft Leasing

NEW YORK & SEATTLE — Investment firm KKR and Altavair AirFinance, a leader in commercial aviation finance, have agreed to form a venture for leased commercial aircraft. KKR will make a $1 billion capital commitment primarily from its credit and infrastructure funds, which may be supplemented with additional commitments over time, to acquire commercial aircraft […]

News

IBM CEO to Deliver CES Keynote

Ginni Rometty — Chairman, President and CEO of IBM — will deliver the opening keynote at CES 2019 on Tuesday, Jan. 8 in Las Vegas. CES (formerly known as the Consumer Electronics Show) is the largest and one of the most influential technology events in the world. Rometty will speak on how technologies like artificial […]

Transportation

L Train Won’t Shutdown After All

The Metropolitan Transportation Authority (MTA) won’t shutdown the L Train to Brooklyn for repairs that has been dreaded for nearly two years. The MTA said it has accepted the recommendations of a panel of engineering experts that determined a complete closure of the L Train Tunnel is unnecessary. The report – which followed weeks of […]

Banks

Citi Introduces New Rewards+ Card

NEW YORK — Citi, one of the world’s largest banks, is launching a new no annual fee credit card, Citi Rewards+, that gives cardmembers the ability to earn more points on everyday purchases – even the small ones. Starting January 10, the Citi Rewards+ card will round up to the nearest 10 ThankYou Points on […]

Media News

Oath is Dead

Oath, the bizarre name given to Verizon’s digital media subsidiary, is losing its name next year and will officially become Verizon Media Group on January 8, 2019. Oath was formed on June 23, 2017 when Verizon purchased Yahoo for $4.48 billion. It merged the Internet site with its own content division that included AOL, Techcrunch […]

Restaurant

Ruth’s Chris Steak House Opens Sixth NJ Restaurant

Ruth’s Chris Steak House has opened its 156th restaurant in The Outlets at Bergen Town Center in busy Paramus along Route 4. This is the sixth Ruth’s Chris restaurant in New Jersey. The upscale steakhouse offers a stylish and modern atmosphere along with the brand’s legendary, sizzling steaks, award-winning spirits program and exceptional service. The new […]