Daily business news in the Great State of New York!
United Airlines has announced the largest transatlantic expansion in its history, including 10 new flights and five new destinations – Amman, Jordan; Bergen, Norway; Azores, Portugal; Palma de Mallorca, Spain and Tenerife in the Spanish Canary Islands. All of the new routes – which are set to begin in Spring 2022 – are not served by any other North American carrier. […]
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 […]
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 […]
NEW YORK — Blank Street, a Brooklyn-based specialty coffee company with 14 micro-format locations in Manhattan and Brooklyn, has announced a $25 million Series A investment led by General Catalyst and Tiger Global, along with additional strategic investors including Neil Blumenthal and Dave Gilboa (Founders, Warby Parker), Jeff Raider (Founder, Warby Parker and Harry’s), Joey […]
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, […]
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 […]
For the first time since 2004, the National Hockey League (NHL) returns to ESPN with three exclusive national games this week starting with the season opener today at 7:30 p.m. ESPN has the primary broadcasting rights for the NHL after 17 years on NBC Sports and its cable networks.. Walt Disney, which owns ESPN, is […]
NEW YORK — Global law firm White & Case LLP announced the promotion of 59 lawyers around the world to its partnership. The promotions are effective on January 1, 2022, and represent 12 of the Firm’s global practices across 24 locations throughout the Americas, EMEA and Asia-Pacific. White & Case was founded New York in 1901 and now […]
NEW YORK – Empire State Realty Trust announced today that Le Café Coffee, a specialty crafted coffee shop with traditional pastries and artisanal healthy foods, has signed a new lease with ESRT for an 879 square foot space at 250 West 57th Street. “Le Café is proud to maintain the highest standard in coffee selection with unique beans […]
NEW YORK — SL Green Realty Corp. announced that enterprise automation software company, UiPath has signed a 15-year, 26,363-square-foot lease at One Vanderbilt Avenue covering the entire 60th floor. The One Vanderbilt tower opened last year next to Grand Central Terminal and is over 91% leased. “We’re delighted to welcome UiPath to One Vanderbilt Avenue,” […]
NEW YORK — Medley, a platform for personal and professional growth, has landed a $3.7 million seed funding round led by venture capital firm Andreessen Horowitz, with participation from Aglaé Ventures, Foundation Capital, artist Ciara Wilson, Away CEO and co-founder Jen Rubio, Peloton SVP, Head of Global Marketing & Communications Dara Treseder, and Sanyin Siang, the Executive Director of […]
NEW YORK — Studs, an ear piercing experience and earrings brand, has announced a $20 million Series B funding round, bringing its total funding to date to $30 million. Spark Capital led the round with participation from existing investors, including Thrive Capital, First Round Capital and Lerer Hippeau. This financing follows a previously unannounced Series […]
NEW YORK — Alloy, which operates an identity and security platform for banks and fintech companies, has raised $100 million in Series C funding. Lightspeed Venture Partners’ Justin Overdorff led the round with participation from existing investors Canapi Ventures, Bessemer Venture Partners, Avid Ventures and Felicis Ventures, bringing the company’s valuation to $1.35 billion and the total amount raised to […]
NEW YORK — TrialSpark, a biotech company that looks to speed up the process of bringing new medicines to market, has raised $156 million in Series C funding. Sam Altman — former President of Y Combinator — and investor Lachy Groom led the round, with participation from new and existing investors, including Sequoia Capital (Series […]
NEW YORK — Rentigo, a rent processing platform for real estate operators, and HelloRented, the rental finance platform with AI-based underwriting capabilities and a unique, cash-based, alternative security deposit solution, announced that the two companies have merged to form Qira. Qira is a new end-to-end financial services platform that supports residential owners, property managers and […]