Daily business news in the Great State of New York!
NEW YORK – Peacock, the streaming service from NBC Universal, is teaming up with grocery delivery company Instacart. Peacock Premium will now be available to all Instacart+ members in the United States at no additional cost. Peacock Premium includes ads and regularly costs $5.99 per month. “Instacart+ helps deliver all of the snacks and beverages […]
BDO USA, one of the nation’s largest accounting and advisory firms, has relocated its New York City offices, uniting them in the MetLife Building at 200 Park Avenue on the 38th floor in Manhattan. This move brings together all of BDO’s New York City employees under one roof in the heart of midtown Manhattan. “New […]
NY Governor Kathy Hochul announced $100 million in funding has been released to support the renewal of State roadways impacted by extreme weather. The funding supports repaving projects at 66 locations, totaling almost 568 lane miles of pavement, and complements a record level of investment by the Governor in infrastructure across New York State. “From […]
NEW YORK — The Cumulus Coffee Company announced it will soon be introducing the first-ever solution for quickly making premium cold brew coffee at home. The company also has raised $20.3 million in seed funding led by Valor Siren Ventures and Valor Equity Partners, with participation from investors including Maveron, Starbucks founder Howard Schultz, Linden Ventures, Carter Reum, […]
Elon Musk, the world’s richest man, along with Vice President Kamala Harris are just some of the big names appearing at The New York Times DealBook Summit on Wednesday at Jazz at Lincoln Center. Musk is CEO of Tesla and also owner of X (formerly Twitter) and private rocket company SpaceX. He is worth over […]
NEW YORK — Returning for its 97th edition this year, The Macy’s Thanksgiving Day Parade will officially welcome the holiday season on Thursday, November 23 at 8:30 A.M. at the sound of the time-honored phrase 5, 4, 3, 2, 1…Let’s Have A Parade! For the first time in its long history, the parade will begin 30 minutes early […]
NEW YORK — Nasdaq Inc. announced it has successfully completed the migration of the core trading system of Nasdaq GEMX, one of Nasdaq’s six options exchanges, to Amazon Web Services (AWS). The new cloud-enabled market infrastructure, which uses AWS Outposts, delivers up to a 10% improvement in latency and the ability to more seamlessly adjust […]
NEW YORK — Dr. Mariët Westermann has been appointed the new Director and CEO of the Solomon R. Guggenheim Museum and Foundation. She will direct its flagship museum in New York, overseeing the Foundation and the Peggy Guggenheim Collection in Venice, while providing collaborative leadership working with the directors of the Guggenheim Museum Bilbao, and […]
The New York State Thruway Authority has reopened to the public the new Schuyler Service Area (I-90 westbound mile marker 227) in Frankfort, NY. The location is the 12th new service area to open to Thruway customers as part of the $450 million project to redevelop and modernize all 27 Thruway service areas. The Seneca, Pembroke, New […]
Big Four accounting firm EY announced that Janet Truncale has been elected the firm’s next Global Chair and CEO, effective 1 July 2024. Janet will succeed current EY Global Chair and CEO Carmine Di Sibio, who is stepping down. She will be the first female CEO in EY (formerly Ernst & Young) history. Truncale is […]
NEW YORK — J.P. Morgan Private Bank has launched the Fund Banking Group, a division of the U.S. Private Bank’s business focused on the banking, lending and investing needs of private equity and venture capital funds and their principals. This new division combines the experience of First Republic’s historical fund business with the Private Bank’s […]
NEW YORK — The advertising firm TBWA has announced the promotion of Erin Riley to CEO of TBWA\Chiat\Day United States, effective immediately. In her new role, Riley will oversee offices in Los Angeles, Nashville and New York and is charged with the continued growth of the agencies in the US. Riley has been with the collective since June of […]
NEW YORK — The New York Stock Exchange (NYSE), part of Intercontinental Exchange, Inc. announced the 2026 holiday calendar and early closing dates for its cash equity markets: New York Stock Exchange, NYSE American Equities, NYSE Arca Equities, NYSE Chicago, and NYSE National, as well as the NYSE American Options, NYSE Arca Options and NYSE […]
Goldman Sachs executives announced that 608 employees across 44 offices have been invited to become managing directors of the Firm as of January 1, 2024. Goldman Sachs’ CEO David Solomon and President John Waldron revealed the news in a company-wide e-mail posted online: “The Managing Director Class of 2023 comprises an exceptional group of individuals […]
NEW YORK — The Lawn Club has opened its doors in Lower Manhattan’s historic Seaport neighborhood. Located at 1 Fulton Street, Lawn Club is a place for socializing while playing lawn games with a drink in-hand. Lawn Club offers a mix of camaraderie and competition for all levels, set in a vibrant ambiance and paired with […]