Daily business news in New York
NEW YORK — TIME magazine has revealed the annual TIME Women of the Year list recognizing 12 extraordinary leaders working toward a more equal world. TIME magazine is owned by Salesforce CEO Marc Benioff. The 2023 TIME Women of the Year list includes: actor and UNHCR ambassador Cate Blanchett, actor Angela Bassett, musical artist Phoebe Bridgers, writer, producer, […]
NEW YORK — JetBlue, joined by New York Governor Kathy Hochul and other partners and leaders, celebrated a key milestone in the Port Authority of New York and New Jersey’s transformation of John F. Kennedy International Airport (JFK) with the groundbreaking of a $4.2 billion project to develop a new international Terminal 6. The groundbreaking, […]
NEW YORK — Empire State Realty Trust announced it signed new leases for approximately 100,000 square feet at the Empire State Building (ESB) in late 2022 and early 2023. In January, a North American engineering firm leased 65,000 square feet for 16 years, and OFS Brands and Resolution Life, Inc. signed leases for a combined […]
Arizona-based Onsemi, a developer of intelligent power and sensing technologies, has completed its acquisition of GlobalFoundries’ (GF’s) 300 mm East Fishkill (EFK), New York chip manufacturing site and fabrication facility, effective December 31, 2022. The deal added more than 1,000 employees, primarily technologists and engineers, to the onsemi team. Highlighting the importance of manufacturing semiconductors […]
NEW YORK — Product of the Year USA, the largest consumer-voted awards program centered around product innovation, has announced the winners of the 2023 Product of the Year Awards across 36 categories. Each of the Product of the Year winners are determined through a national study of 40,000 American shoppers in partnership with consumer research firm Kantar. The […]
YORKTOWN HEIGHTS, NY — IBM is collaborating with NASA’s Marshall Space Flight Center to use IBM’s artificial intelligence (AI) technology to discover new insights in NASA’s massive trove of Earth and geospatial science data. The joint work will apply AI foundation model technology to NASA’s Earth-observing satellite data for the first time. Foundation models are types of […]
On January 27, 2023, New York State Police arrested Amber M. Wood, 39, of Schoharie, NY, for Grand Larceny in the Second Degree, eight counts of Grand Larceny in the Third Degree, five counts of Forgery in the Second Degree, five counts of Falsifying Business Records in the First Degree, and Grand Larceny in the […]
Layoffs aren’t just hitting tech companies, even hospitals in NY are cutting back. Memorial Sloan Kettering Cancer Center (MSKCC), one of the nation’s top cancer hospitals, has laid off 337 workers according to a WARN notice filed with the NY State Department of Labor. According to WPIX, MSKCC cited financial problems for the cutbacks and […]
NEW YORK – The James Beard Foundation has announced the 2023 Restaurant and Chef Awards Semifinalists in advance of the James Beard Awards, honoring the best restaurants and chefs in the nation. Nominees will be announced on Wednesday, March 29, and winners will be celebrated at the James Beard Restaurant and Chef Awards Ceremony on […]
Google, which operates the world’s leading search engine, has laid off 887 workers in New York City according to a filing with the NY State Labor Department. The cutbacks were made by Alphabet, the parent company of Google, as part of 12,000 jobs eliminated worldwide. NYC is home to the second largest location for Google […]