Daily business news in the Great State of New York!
AMC Theatres, operator of the largest movie theatre chain in the world, has finalized a deal with Bow Tie Cinemas to purchase and operate seven locations in Connecticut, upstate New York and Annapolis, Maryland. Marquis 16, Royale 6, SoNo 8 (formerly Regent 8), Majestic 6 and Landmark 8 join the AMC circuit in the Connecticut […]
NEW YORK — Investment firm Apollo has agreed to invest in Siebert Williams Shank (“SWS”), a leading, national women and minority owned financial services firm providing investment banking, sales and trading, research and advisory services. The new commitment aims to drive larger deal flow and revenue opportunities to strengthen and expand SWS’s already robust position […]
FLUSHING, NY — Caesars Entertainment and the New York Mets have announced a multi-year partnership to make Caesars Sportsbook an Official Sports Betting Partner of the team. In addition to a variety of VIP experiences and hospitality assets for members of the industry-leading loyalty program, Caesars Rewards, this partnership features plans to open a new […]
A total of 10 people were shot this morning at the 36th Street and Fourth Avenue Subway Station in Brooklyn this morning. At least 29 people were injured. The attack reportedly happened on a Manhattan-bound N train. The NY Police Department says there are no explosive devices and the suspect is still on the loose. […]
MINEOLA, NY – Nassau County District Attorney Anne Donnelly announced this week that a New Hyde Park woman was arraigned on charges she allegedly stole approximately $750,000 from a 91-year-old woman who entrusted her finances to the defendant’s employer, a Floral Park attorney. The defendant allegedly wrote checks to herself and used the victim’s credit […]
Alvin Bragg, the new Manhattan District Attorney, released an unprecedented statement saying that investigations of former President Donald Trump by his office are continuing. The statement is below: In recent weeks, the Manhattan District Attorney’s Office has been repeatedly asked whether our investigation concerning former President Donald J. Trump, the Trump Organization, and its leadership […]
NEW YORK — New York-based nonprofit youth development and social justice organization The Brotherhood Sister Sol (BroSis) has opened a new headquarters building in Harlem. After a decade of planning, The Brotherhood Sister Sol welcomes youth members and staff into their new state of the art facility which will serve as a hub for ideating […]
Apple has announced the lineup of broadcasters and production enhancements for “Friday Night Baseball,” which starts today only on Apple TV+. Fans can access “Friday Night Baseball” games and additional content, including new exclusive programs such as “Countdown to First Pitch” and “MLB Daily Recap,” beginning today in the Apple TV app. The games will […]
An Amazon truck crashed into five vehicles Wednesday morning on the New York State Thruway in the town of Guilderland, just outside of Albany, killing two people and injuring several others. According to NY State Police, Larousse Desrosiers, 53, of Boston, MA, was operating a 2012 Freightliner (Amazon Prime) tractor trailer eastbound, when traffic began […]
NEW YORK — JetBlue Airlines and New York City Mayor Eric Adams announced the company will be adding 5,000 jobs in New York City in 2022. JetBlue will also work with the city to create a new workforce partnership to connect more New Yorkers with high quality JetBlue jobs and to develop a strong pipeline for future careers at the airline. […]
BROOKLYN — National tech training nonprofit NPower, which focuses on advancing race and gender equity and increasing economic prosperity for underrepresented populations through tech jobs, announced that MacKenzie Scott has donated $15 million, the single largest gift from an organization or individual in the nonprofit’s history. The funds were given to advance NPower’s strategic priorities including continuing to […]
Over $3.92 billion has been bet by New Yorkers since online sports betting officially began in the state on January 8, 2022. The total handle doesn’t even include the NCAA Men’s Basketball Tournament, which began last week, and not in the latest figures. The amount won by NY’s eight legal sportsbooks or Gross Gaming Revenue […]
NY Governor Kathy Hochul attended the groundbreaking for Plug Power’s newest manufacturing facility [photo above], located at the Vista Technology Campus in Slingerlands, a suburb of Albany. The company has committed to creating 1,633 new jobs at its latest Capital Region location, complementing New York State’s push toward clean, renewable and sustainable energy. The new […]
NEW YORK — Brickworks North America Corporation, parent company of stone and brick-maker Glen-Gery Corporation, officially celebrated its global flagship Design Studio in New York City last week. Located on Manhattan’s 5th Avenue, the Brickworks New York Design Studio provides architects, designers and homeowners an upscale, stylish space to collaborate on projects, explore premium products, and attend industry […]
NEW YORK — S&P Dow Jones Indices (“S&P DJI”) is updating the market capitalization eligibility criteria for new additions to the S&P Composite 1500 Indices. Effective Friday, the size ranges will be updated as follows. Previous Market Capitalization Eligibility Criteria New Market Capitalization Eligibility Criteria Unadjusted company market capitalization of: – US$ 13.1 billion or more for the S&P […]