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New york business
Joshua Bellamy, ex-Jet, sentenced to 3 years of Covid-19 aid regime
Former New York Jets receiver who fraudulently obtained over $ 1.2 million in Covid-19 relief funds and spent tens of thousands of dollars on luxury items has been sentenced to over three years out of jail, federal prosecutors said.Former…
GM’s electric vehicle efforts would include larger presence in Michigan
General Motors intends to spend multibillion dollars to set up production of batteries and electric pickup trucks at two Michigan sites, giving an economic boost to the company's home state, said Friday a person knowing the plans.The…
Amazon fined $ 1.3 by regulators in Italy
Amazon was fined nearly $ 1.3 billion on Thursday by Italian regulators who accused the company of violating antitrust laws by granting special benefits to third-party merchants who use the warehouse system and delivery from Amazon.The…
Chinese investors in Evergrande relax despite default deadline
HONG KONG - For months, as a struggling real estate company called China Evergrande scared global markets with its financial woes, Beijing sat on the sidelines.The government is now playing a more active role.Evergrande, the world's most…
Endangered Coney Island Boardwalk businesses get new lease on life – save one
Attractions along the Coney Island promenade will get a new lease of life as part of a pending deal with the city to extend rides and other businesses to another decade, except for a boutique known for its original creations celebrating…
Condé Nast knows that faded glory is not in fashion
“Unless we wanted to look like a museum, we had to change and change quite drastically,” he added.Over the past year, Ms. Wintour has focused on the next step in the process: transforming seven of Condé Nast's biggest publications - Vogue,…
National Guard to work in New York nursing homes under workforce shortages
The governor of New York on Wednesday activated 120 National Guard doctors to work in nursing homes.
Almost 75% of nursing homes reported a "worsening of their…
Chris Cuomo suspended by CNN after details of helping Andrew
But testimony and text messages released this week suggest Mr. Cuomo has contacted other reporters. "When asked, I contacted sources, other journalists, to see if they had heard of anyone else," he told investigators.Understanding Andrew…
New York’s fitness industry is shaping its next move
Some gains
Some local studios have been able to capitalize on the current context. After Leigh Burton was put on leave from her job at Monster Cycle, she started NuSweat, a yoga and bodybuilding studio, with her business partner, Ky…
KKR to bid for Telecom Italia in massive private equity deal
ITOP OF TALIAN Finance typically begins to wind down for the year in the first week of December, when Milan, the country's economic capital, celebrates Ambrose, its patron saint. This is not the case this year. During the weekend, a new…