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For shareholders" sake, the financial-services industry desperately needs reform

Last month in New York City, at the Council of Institutional Investors' , investment insiders gathered to discuss nuances in corporate governance. That might elicit a yawn, but issues on the agenda... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 17th, 2018Related News

Beloved toy store FAO Schwarz makes its comeback

Three years after it closed its beloved toy store on Fifth Avenue, FAO Schwarz is making a return to New York. A new FAO opens Friday in Manhattan's Rockefeller Center, about 10 blocks from its... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 17th, 2018Related News

Before councilman pushed to abolish public advocate"s office his wife sought a job there

The Brooklyn councilman pushing to eliminate the public advocate's office calls the post "a failed experiment"—yet insiders say his wife tested the waters for a job there earlier this... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 17th, 2018Related News

De Blasio: Amazon is no Walmart

Some big corporations are better than others, Mayor Bill de Blasio said Friday. That was how the Democrat reconciled his opposition to letting Walmart set up shop in New York City with his... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 17th, 2018Related News

From albatross to hip: 1 World Trade Center"s evolution

The boom in tech and creative tenants has spread across the city, but certain buildings and neighborhoods are more known for it than others. The building 111 Eighth Ave., for instance, is famous for... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 17th, 2018Related News

Mayor may float Bloomberg housing plan he once bashed

Mayor Bill de Blasio is preparing a revised plan to raise money for the troubled New York City Housing Authority by working with private property managers and developers. And a major change to the... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 17th, 2018Related News

12 things we know about the Amazon deal, so far

Amazon will split its HQ2 into two sites and build new offices in Long Island City and Arlington, Virginia after a year of bidding wars from cities across the country. The $5 billion investment... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 17th, 2018Related News

Why Macy’s has reason to give thanks this season

Don't look now, but holiday shopping is just around the corner, and Midtown will be packed next week for the annual Macy’s Thanksgiving Day Parade. Everyone knows about the retailer’s struggles, but... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 16th, 2018Related News

New York-Presbyterian and Empire BCBS negotiating deal that could affect 300,000

With just weeks remaining in 2018, New York-Presbyterian is struggling to reach an agreement to remain in Empire BlueCross BlueShield's network. If the two sides can't agree before Jan. 1, New... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 16th, 2018Related News

Hockney painting fetches record $90.3M at Christie"s

David Hockney dethroned Jeff Koons as the most expensive living artist at auction when his painting, owned by billionaire Joe Lewis, fetched $90.3 million at Christie’s. Thursday night’s sale of... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 16th, 2018Related News

Nycha mulls private development to stem decline

The New York City Housing Authority is considering selling its air rights as well as allowing private developers to both build market-rate apartments on its unused land and manage more than one-third... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 16th, 2018Related News

MTA considering fare, toll hikes to reduce deficit

The Metropolitan Transportation Authority is considering raising fares and tolls next March across the New York region to plug a budget deficit that is expected to be almost $1 billion by 2022—even... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 16th, 2018Related News

Lowest state unemployment since 1988

The addition of 22,600 private-sector jobs helped drive the state’s unemployment rate to 4% last month, its lowest level since May 1988, according to new state Labor Department figures, which also... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 16th, 2018Related News

MoviePass drama heats up as subscribers exit

MoviePass experienced a significant, yet unspecified, decline in its number of subscribers during the third quarter, according to a filing from majority owner Helios & Matheson Analytics, adding... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 16th, 2018Related News

Making the case for medication-assisted treatment for inmates

Access to medication-assisted treatment at state and local correctional facilities can help stem New York's opioid crisis by preventing relapses and overdoses, said lawmakers and health and human... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 15th, 2018Related News

New Yorkers are visiting primary care providers less

To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 15th, 2018Related News

Buying a home in Greenwich? Wells Fargo wants a bigger down payment

Wells Fargo & Co. raised its required down payment for homebuyers in Connecticut’s Fairfield County to 25% from the standard 20% after it categorized the area as distressed. The new standard,... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 15th, 2018Related News

Pharmacists take aim at benefit managers

Independent pharmacists are calling for a state investigation into the practices of pharmacy benefit managers—the companies that negotiate drug prices on behalf of insurers and employers. They blame... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 15th, 2018Related News

Buzzfeed to open retail store next month

BuzzFeed is investing in the brick and mortar retail business, partnering with others to open an experiential store that will rotate products aimed at millennial families. Camp is set to open Dec.... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 15th, 2018Related News

Transit riders, drivers brace for influx of Amazon employees

Commuters beware: New York and Washington's clogged streets and creaky subway systems are about to feel more pain as 50,000 more people descend on the two metro areas where Amazon will open new... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 15th, 2018Related News