Government

NYC to Cancel Contracts With Trump Organization

NEW YORK — NY Mayor Bill de Blasio announced that the City of New York is taking steps to terminate three Trump Organization agreements with the City after last week’s deadly insurrection at the U.S. Capitol. The Administration will be notifying the Trump Organization that the City will begin the process to cancel its agreements […]

News Restaurant

Chipotle to Hire 15,000 Workers

Chipotle Mexican Grill, with over 2,700 locations nationwide, announced its first national hiring event of the year called ‘Coast To Coast Career Day’ on Thursday, January 14th. The chain has a goal of employing 15,000 new team members for its restaurants across the U.S. Chipotle said it promoted 11,000 workers last year and plans to […]

Funding

Glia Reels In $78 Million

NEW YORK — Glia, a leading provider of Digital Customer Service, announced that it has raised $78 million in Series C funding, bringing Glia’s total fundraising to $107 million. This round was led by existing investor Insight Partners. Glia said it grew by more than 150% in 2020 as the pandemic forced businesses to reimagine how they guide and […]

News

IBM Tops U.S. Patent List for 28th Consecutive Year

ARMONK, NY — IBM scientists and researchers received 9,130 U.S. patents in 2020, the most of any company, marking 28 consecutive years of IBM topping the U.S patent list. IBM led the industry in the number of artificial intelligence (AI), cloud, quantum computing and security-related patents granted. “The world needs scientific thinking and action more […]

News

PepsiCo Names 10 Finalists of Accelerator Program

PURCHASE, NY — PepsiCo has announced 10 finalists from around the world that will join its fifth annual Greenhouse Accelerator, a mentor-guided program supporting the acceleration of the latest innovators that seek to transform the ways consumers eat, drink and live their lives. This year’s Greenhouse Accelerator program looks outside the box in areas like […]

Retail

IKEA Opens New Smaller Store in Queens

IKEA, the Swedish home-furnishings chain, has opened its newest store in Queens in the Rego Center shopping mall. This store is the first in the U.S. with a new, smaller format, offering a full range of products across 115,000 square feet of space. Through inspiring room sets and digital tools focused on sustainable, small-space living […]

Airlines Transportation

JetBlue to Serve Four New Cities Including Miami, Key West

NEW YORK — JetBlue plans to introduce service to four all-new destinations as part of a broader plan to add 24 new nonstop routes in the first half of 2021. Between February and June, JetBlue will launch flights for the first time in Miami; Key West, FL.; Guatemala City; and Los Cabos, Mexico. Nine of […]

News

Peloton to Buy Precor for $420 Million

NEW YORK — Peloton, maker of high-end exercise bikes and treadmills, has agreed to acquire Precor, one of the largest global commercial fitness equipment providers with a significant U.S. manufacturing presence, in a deal valued at $420 million. Precor makes a variety of fitness equipment including stationary bikes, spinning bikes, ellipticals, weight-lifting machines and treadmills. With […]

Transportation

New Moynihan Train Hall to Open New Year’s Day

Amtrak will celebrate the grand opening of Moynihan Train Hall in midtown to passengers on New Year’s Day, January 1, 2021. Located directly across the street on Eighth Avenue from the current Amtrak home of Penn Station, Moynihan Hall is located in the Farley Post Office Building and named after the late New York senator […]

News

Plug Power Expands Partnership With Walmart

LATHAM, NY — Plug Power Inc., a provider of hydrogen engines and fueling solutions, is supplying Walmart, its first multi-site GenKey hydrogen and fuel cell customer, with sustainable solutions for use in its eCommerce network. Plug, located in Upstate NY just down the road from Albany Airport, has seen its stock soar nearly 1,000% this […]