.jpg?max-h=410&max-w=640&fit=crop)
.jpg?max-h=410&max-w=640&fit=crop)
New York City Comes Alive with the Opening of Union Square and Macy’s Holiday Markets, Shop Local Artisans and Delicacies
Union Square Holiday Market in NYC opens today, featuring over 185 vendors, until December 23, excluding Thanksgiving and Christmas Eve. It offers diverse gifts, open until 8 pm on weekdays and weekends.
New York's Economy Shows Sign of Rebound With Private Firms Thriving, While Tourism Sector Awaits Full Recovery
New York City sees mixed economic signals; Crain's reports a 15% revenue increase among large private companies, while tourism recovery is strong but uneven, awaiting international and business travel's full return.
Mount Sinai South Nassau in Oceanside Invests $17.7M to Expand Cardiac Care and Boosts Clinical Cancer Trials with $1M Donation
Mount Sinai South Nassau is investing $17.7 million to expand cardiac facilities, adding a new cath lab and electrophysiology lab, and is using a $1 million donation to increase access to cancer clinical trials.
Macy's Postpones Q3 Earnings Release Amid Discovery of $154 Million in Concealed Expenses by Former Employee
Macy's postpones its Q3 earnings report due to a discovery of financial misreporting by a former employee, who hid $132-$154 million in delivery expenses. No impact on cash or payments was found.
-4.webp?max-h=410&max-w=640&fit=crop)
New York's Cannabis Advisory Board Suggests "Temporary" Cap on Retail Dispensary Licenses at 1,600 to Avoid Market Saturation
New York's Cannabis Advisory Board proposes a cap of 1,600 retail licenses to prevent market saturation and promote a balanced cannabis industry, while considering social equity permit holders.
Teamsters Union Strikes Against Amazon During Peak Holiday Season, Delays Possible as Workers Demand Negotiations
Teamsters Union workers strike at Amazon facilities in multiple US states during the holiday season, impacting operations. Amazon disputes the union's claims and assures customers of uninterrupted service.
Staten Island Amazon Warehouse Joins National Teamsters Strike for Better Wages and Conditions
Staten Island Amazon workers join a nationwide wave of strikes, supported by the Teamsters union, demanding fair wages and better working conditions. Despite Amazon's claims, the union maintains strong resolve amidst ongoing protests.
Macy's Inc. Announces Closure of 66 Stores Nationwide, Including Multiple Locations in New York Area
Macy's Inc. plans to close 66 stores across the U.S. in early 2025 as part of its "Bold New Chapter" strategy, with New York area locations affected. The move aims to focus on profitable growth and invest in the remaining stores.
Kohl’s to Shut Down 27 Stores Nationwide and Close California Fulfillment Center Amidst Sales Crunch
Kohl's plans to close 27 stores by April due to underperformance and a focus on optimizing operations amid sales challenges. They'll also shut a California e-commerce center as they adjust to changing retail and consumer behaviors.
Dubai-Based Wall Street Exchange Pays Over $9.2 Million to Settle U.S. Bank Fraud Allegations
Wall Street Exchange pays over $9.2 million to resolve U.S. bank fraud allegations, under a non-prosecution agreement that involves a fine and forfeiture for misleading a U.S. bank about anti-money laundering controls.
NYC Public Hospital Physicians Reject Labor Contract, Potential Strikes Loom at Jacobi, North Central Bronx, and Harlem Hospitals
Doctors at three NYC hospitals rejected a labor contract, raising the potential for strikes, while 2,500 physicians under the same union accepted a tentative deal to avoid such actions.
New Yorkers Face Possible Spike in Utility Bills as Con Edison Seeks Rate Hikes Amid Calls for Review
Con Edison seeks rate increases for NYC, with electric bills possibly rising by 11.4% and gas by 13.3%, citing grid upgrades. Customers and advocacy groups express concern over affordability and the PSC will decide later in the year.
-1.webp?max-h=410&max-w=640&fit=crop)
New York AG Settles with DoorDash for $16.75 Million Over Misused Tips, 63,000 Workers to Receive Restitution
DoorDash settles with New York AG for $16.75M after an investigation revealed tips were not fully passed to workers but used to cover guaranteed pay. Advancements in transparency and pay practices are mandated.
-1.webp?max-h=410&max-w=640&fit=crop)
-1.webp?max-h=410&max-w=640&fit=crop)
New York Celebrates Maple Month, A Boost for Local Producers and a Sweet Delight for Residents
New York celebrates Maple Month, highlighting its thriving maple industry. With production up to 846,000 gallons, the state offers Maple Weekends and supports the industry with Taste NY Markets and agricultural programs.
Forever 21 Files for Bankruptcy, Plans to Close All New York and New Jersey Stores Amid Retail Industry Struggles
Forever 21, facing competition and declining mall traffic, files for Chapter 11 bankruptcy and plans to close all NY and NJ stores, liquidate U.S. assets, but keep international locations open.
-1.webp?max-h=410&max-w=640&fit=crop)
New York City Divided Over Coney Island Casino Proposal as Queens Embraces Citi Field Gambling Complex
NYC's future gambling landscape is contentious, with debates on a Coney Island casino highlighting division, while Queens shows support for a proposed casino and entertainment complex at Citi Field.
StubHub Files for IPO Despite Recent Financial Loss, Aims for NYSE Listing Under "STUB"
StubHub files for an IPO despite a $2.8 million loss in 2024, with CEO Eric Baker holding over 90% voting power. The filing lacks share and price details but states the intent to use the "STUB" ticker on the NYSE.
-1.webp?max-h=410&max-w=640&fit=crop)
-1.webp?max-h=410&max-w=640&fit=crop)
-1.webp?max-h=410&max-w=640&fit=crop)
Queens Senator Backs $8 Billion Casino Project Near Citi Field as Community Debates Future of Flushing
A Queens state senator supports a plan for a casino complex near Citi Field, which involves reclassifying parkland for development and building a Skypark. The proposal, by Mets owner and Hard Rock, faces opposition but promises economic benefits.
State Legislators Introduce Bill to Repurpose Bronx Parkland for Bally's Casino Project Amid Community Scrutiny
Bally's Corp aims to build a casino on Bronx parkland, prompting state legislators to introduce a bill for land reclassification. The proposed project faces several approval stages and community scrutiny, with promises of benefits for the local area.
-1.webp?max-h=410&max-w=640&fit=crop)
-1.webp?max-h=410&max-w=640&fit=crop)
-1.webp?max-h=410&max-w=640&fit=crop)
-3.webp?max-h=410&max-w=640&fit=crop)
Bronx Store's Viral 'Mystery Packages' Spark Privacy Concerns Amid Bargain Shopping Craze
A Bronx store, Dollar Universe, sells 'mystery packages' with assorted goods from Amazon and Walmart returns. The practice raises privacy issues as personal details are sometimes included. The store's popularity persists despite concerns.
Walgreens to Close 1,200 Stores Across 17 States Including New York and New Jersey Amid Business Restructuring
Walgreens is closing around 1,200 stores across 17 states including New York and New Jersey due to business challenges. The process begins with over 50 closures by late June and includes guidance for transferring prescriptions.
NYC Mayor Eric Adams Touts Success of 'Operation Padlock to Protect', Over 1,400 Illegal Smoke Shops Closed
Mayor Eric Adams boasts about closing nearly 1,400 illegal smoke shops and seizing $95 million in illicit cannabis through NYC's Operation Padlock to Protect and aims to replace them with legitimate businesses.
New York Attorney General Letitia James Champions FAIR Business Practices Act to Bolster Consumer Protections
Attorney General Letitia James is advocating for the enactment of the FAIR Business Practices Act to update consumer protection laws in New York and address predatory lending, data breaches, and unfair business practices.
Yonkers Mayor Mike Spano Advocates for Swift Approval of Casino Licenses to Boost New York Economy
Yonkers Mayor Mike Spano urges the New York State Gaming Commission to expedite the approval of full gaming licenses for Empire City Casino and Resorts World New York, emphasizing the economic benefits and tax revenues they could bring.
Some Equinox Members May Be Due Big Bucks in Refunds After New York AG Settlement
NY Attorney General Letitia James secured a $600,000 settlement from Equinox Group for their complex cancellation policies, ensuring refunds for customers and changes to make cancellation processes clearer and more straightforward.
Rite Aid Announces Closure of Over 800 Stores Amid Financial Struggles and Bankruptcy Proceedings
Rite Aid is closing over 800 stores across 11 US states, amid financial struggles and a second bankruptcy within two years. The chain aims to secure liquidity and meet financial goals through store closures.
Williams Companies Advances Proposal for Controversial 17-Mile Gas Pipeline off Staten Island, Amidst Energy Policy Debate in New York
Williams Companies proposes a 17-mile gas pipeline off Staten Island and the Rockaways, capable of supplying 2.3 million homes, amid debates over New York's energy infrastructure and recent support from President Trump.
South Bronx Community and Congressman Demand Action Against Open-Air Drug Market in Roberto Clemente Plaza
Calls rise to address the South Bronx open-air drug market, as Congressman Ritchie Torres and the community urge NYC Mayor Eric Adams for action, citing a "systemic failure of governance" and plummeting local commerce.
High-Stakes Casino License Battle Intensifies in New York City with Eight Contenders Eyeing Times Square and Other Landmarks
Eight companies are vying for a casino license in NYC, with proposals including a Times Square Caesars Palace and a casino near the Mets' stadium, despite local concerns and opposition.
NYC Mayoral Nominee Zohran Mamdani's Plan for City-Owned Grocery Stores Scrutinized Over Funding Confusion
The financing method for Zohran Mamdani's plan for city-owned grocery stores in NYC is disputed, as the $140m he proposed reallocating is not readily available but attracted over 12 years to City FRESH.
Clark Street Subway Station in Brooklyn Reopens Following Marquee Collapse
Brooklyn's Clark Street subway station reopened on Tuesday after a nearby hotel marquee collapse caused a weekend closure. The MTA confirmed normal service resume following safety measures and repairs. No injuries were reported from the incident.
New York City Residents to Voice Opinions on Controversial Times Square Casino Proposals at Upcoming Public Hearings
Public hearings are set for two proposed casinos in NYC's West Side, with locals to voice their opinions on The Avenir and Caesars Palace Times Square amid concerns over community impact.
NYU and The New School Embrace Sustainability with Eco-Friendly Student Shopping Initiatives in New York
NYU and The New School introduce eco-friendly initiatives for students to reuse items and reduce waste, with NYU's 'Swap Shop' and The New School's 'Free Sale' offering students a variety of used goods.
New York's Van Duyn Nursing Home Agrees to $12 Million Settlement for Resident Neglect and Misuse of Funds
New York's AG Letitia James secured a $12 million settlement from Van Duyn nursing home in Syracuse for resident neglect and financial abuse by owners Steif and Koenig. The settlement requires reforms and establishes a Resident Care Fund.
Rev. Al Sharpton Leads March in Manhattan for Economic Justice, Invoking Civil Rights History on Anniversary of 1963 March on Washington
Rev. Al Sharpton led a march in Manhattan's Financial District to support DEI initiatives and protest against the Trump administration's policies, drawing diverse participants and coinciding with the 1963 March on Washington anniversary.
New York City Residents Hit by Sudden Gas Price Hike Post-Labor Day as Cost of Living Rises
Gas prices in NYC increased after Labor Day, with the average price reaching $3.33 per gallon, due to higher demand and supply shifts. New Yorkers also face rising rents and energy bills, with local residential rents up 5.5% over the year.
NYPD Warns of Rising Toyota Highlander Thefts in NYC, Mayor Calls for Social Media Vigilance Amidst Nationwide Auto Theft Trends
NYPD warns of increased Toyota Highlander thefts across NYC zip codes, urging anti-theft measures. Toyota also recalls over 90,000 vehicles due to HVAC issues affecting driver visibility.
Con Edison Tempers Rate Hikes for NYC and Westchester After Public Outcry
Con Edison will raise electric and gas rates in NY City and Westchester by 2.8% and 2%, down from proposed double-digit hikes, due to public and official opposition. Approval from the state Public Service Commission is pending.
New York AG Letitia James Secures Historic Purdue Pharma Bankruptcy Approval, Sacklers to Pay $1.5B in Opioid Crisis Settlement
New York AG Letitia James secured approval for Purdue Pharma's bankruptcy plan, part of a $7.4 billion settlement addressing the opioid crisis and removing the Sackler family from the business.
Everlasting Blooms in SoHo as CJ Hendry's Flower Shop Offers Unique Artistic Flair with Permanent Felt Flower Store
Flower Shop in SoHo offers long-lasting felt flowers, creating artful bouquets that don't require water. Co-founders CJ and Pamela Hendry established the store following successful pop-ups.
Governor Hochul Unveils $300M POWER UP Initiative to Revitalize New York's Industrial Sites
New York Governor Hochul has announced the POWER UP program, a $300 million initiative to enhance the state's industrial sites for sectors like semiconductors and clean technology, ensuring they are power-ready for future economic growth.
New York AG Letitia James Leads 20-State Coalition in FTC-Backed Lawsuit Against Uber Over Alleged Subscription Trapping Tactics
New York Attorney General Letitia James and attorneys from 20 other states, along with the FTC, are suing Uber for misleading consumers with the difficult-to-cancel Uber One subscription service, which charges $9.99 per month.
New York City Welcomes Three New Vegas-Style Casinos, Eyeing Economic Boost and Jobs Amid Community Concerns
New York City is set to get three Vegas-style casinos with the potential for significant economic benefits, including job creation and increased tax revenues, as well as concerns about social impacts.
New York's Legal Cannabis Sales Hit Record $2.5 Billion Amid Market Expansion and Regulatory Hurdles
New York saw a surge in legal cannabis sales, reaching $2.5 billion, with licensed pot shops doubling in number. While financial growth is evident, regulatory issues and an ongoing battle with the illicit market are ongoing concerns.
New York AG Letitia James Sues Ex-Emergent CEO Robert G. Kramer for Alleged Insider Trading on COVID-19 Vaccine Issues
NY Attorney General Letitia James sued former CEO Robert G. Kramer of Emergent BioSolutions for insider trading, alleging he profited from non-public knowledge of vaccine production issues.
New York State Partners with French Firm Reju to Launch $390M Textile Regeneration Hub in Rochester
Reju, a French textile regeneration firm, will invest $390 million in a new textile hub in Rochester to turn used clothing into reusable polyester, create 70 jobs, and reduce waste and carbon footprint.
Smithtown Residents Split on Surveillance as New Public Safety Command Center Raises Privacy Concerns
Smithtown, Long Island, opened a Public Safety Command Center, sparking privacy concerns among residents who fear government overreach reminiscent of Orwell's "1984." Officials defend the center, stressing its role in enhancing safety, not spying.
Governor Hochul Announces "Empire AI" Initiative Across SUNY Campuses to Advance AI Education and Research
Governor Kathy Hochul introduces plans to integrate AI into SUNY education, fostering partnerships across campuses with support from the Empire AI initiative and related research and ethical AI programs.
Dallas Enhabit Home-Care Firm Taken Private In $1.1 Billion Cash Swoop
Kinderhook Industries will buy Dallas-based Enhabit in an all-cash deal valuing the home‑health and hospice provider at about $1.1 billion. Shareholders will receive $13.80 per share and the company will be taken private pending approvals.
City Ink Chain Slaps Ex-Piercers With $3M Suit Over 'Dirty Needles' Claims
Live By The Sword filed a $3M defamation suit in Manhattan, accusing three former piercers of posting images alleging dirty needles, pests and bedbugs. The chain says the posts cost it customers; ex‑staffers call the suit retaliatory.
Wall Street Money Snaps Up Houston Jiffy Lube In $1.3 Billion Oil-Change Shakeup
Shell has agreed to sell Houston-based Jiffy Lube International to Monomoy Capital Partners for about $1.3 billion, a deal that keeps Pennzoil supplying the chain. The acquisition pairs the franchisor with a PE operator that says it will invest behind stores and franchisees.
Queens Mayor Mamdani Supercharges Future Fund In Bid To Rescue Small Biz
Mayor Mamdani expanded the NYC Future Fund on March 17, 2026, widening the city’s revenue‑based small‑business loans to reach more local entrepreneurs. The move pushes flexible capital to businesses with seasonal or uneven revenue.
Manhattan Money Boss Larry Fink Warns $150 Oil Could Tank Global Economy
BlackRock CEO Larry Fink told the BBC that oil at $150 a barrel could tip the world into recession, as markets reel from Middle East supply disruptions. The warning adds a new layer of risk for investors and local finance firms.
Fifth Avenue Scores 7,000-Square-Foot Labubu Lair as Pop Mart Plants Its Flag
Pop Mart has signed a roughly 7,000‑square‑foot lease at 680 Fifth Ave., putting the Labubu maker on Manhattan’s Fifth Avenue next to a new Swarovski emporium. The company’s Times Square flagship and the Fifth Avenue move mark a bigger U.S. retail push.
Mamdani Gambles On City Grocery In East Harlem Price War
Mayor Mamdani has revealed plans for city‑owned grocery stores with La Marqueta named as the first site and officials promising cheaper staples without cutting worker pay. The idea has drawn both labor praise and skeptical coverage over costs and feasibility.
Trump Tower Phone Hype Hits Static As Fine Print Lets T1 Slip Away
Trump Mobile's updated preorder terms say a $100 deposit is only a "conditional opportunity" and the T1 handset "may never be commercially released," leaving hundreds of thousands waiting. Regulators and tech outlets are picking through filings and refunds.
Mid-Atlantic Pizza Hut Boss Says Glitchy AI Left $100 Million Hole In Slice Empire
A Mid‑Atlantic Pizza Hut franchisee says Pizza Hut's Dragontail AI slowed deliveries and cost the operator more than $100 million, according to a new lawsuit. The complaint blames longer waits, broken DoorDash integrations and falling sales.
City Watchdog Dangles $8 Million Lifeline In Zero-Interest Loans For NYC Small Businesses
The NYC Comptroller and Hebrew Free Loan Society are expanding zero‑interest lending with an $8M commitment to help qualifying small businesses access up to $60K. The program aims to reach owners shut out of traditional credit.
Chicago CME’s Tiny Oil And Gold Bets To Trade While City Sleeps
CME Group will open 24/7 trading for a new 10‑barrel WTI contract and its 1‑ounce gold futures this summer, citing surging options and micro‑futures volumes. The move follows a broader push to bring always‑on, regulated access to commodity markets.
Downtown Manhattan Sinkers Lounge Shuts Its Doors, Leaving Late‑Night Crowd In The Lurch
Sinkers Lounge in downtown Manhattan announced a shutdown after a June 5 Facebook post by the venue’s former general manager. The closure comes as the company navigates legal and financial disputes tied to its parent company.
Empire State Factories Hit The Brakes As June Boom Fizzles
Manufacturing in New York cooled in June: the Empire State survey’s headline index fell to 5.7, with new orders weakening and input costs still elevated. The print missed economists’ expectations and offers a mixed near‑term picture for local factories.
Prime Day Pressure Test: Amazon Puts America’s Grocery Budget On The Clock
Prime Day moves to late June and stretches to four days, with Amazon leaning on groceries and an Alexa shopping push to gauge how strained U.S. wallets are. Analysts and data firms will watch staples versus splurges for early signals.
