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How Covid-19 is intensifying the gap between city"s richest and poorest

The early from the coronavirus pandemic has hit low-income households and boroughs outside Manhattan the hardest, a sign that the crisis will  between New York's richest and poorest.  Research... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

State fielded 1.2 million unemployment calls Monday

The state Department of Labor was inundated with 7.8 million calls from seeking last week and appears to be unable to keep up with the demand, Gov. Andrew Cuomo said Tuesday morning. "The site is... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

How to keep the money from the federal small-business bailout

 devastated by the coronavirus quarantine measures in New York can soon tap into the to pay the bills and keep workers on the payroll—and if they meet the program's requirements, the... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

Home-loan applications decline to lowest amount since 2016

Loan applications to purchase U.S. homes declined for a third straight week to the lowest level since November 2016 as coronavirus mitigation efforts stymied house-hunting. The Mortgage Bankers... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

New Jersey to end fiscal year in September

New Jersey plans to extend its fiscal year by three months because of uncertainty about the effect of Covid-19 on revenue and how much stimulus is coming from the federal government, Senate President... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

Times Square Arts director gives works a larger-than-life digital stage

Scraping pigeon poop off tiny circuit boards with a cuticle stick wasn't what Jean Cooney thought she'd be doing when she got into municipal art. Yet it's among the random skills she has mastered... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

VC fund co-founder on how supermarkets can evolve

As co-founder and New York–based partner of Greycroft, Ian Sigalow helps manage a $1.5 billion portfolio. Investments he has led include payment platform Braintree, acquired by eBay for $800... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

Don"t leave minority- and women-owned businesses out of the bailout

While we remain in the throes of the Covid-19 pandemic, we all know there is another crisis coming. Like a tsunami after an earthquake, the devastation this prolonged shutdown will wreak on our... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

For banks, massive SBA loan program offers a needed jolt

Bankers aren’t accustomed to offering free money or lending at rates that produce a loss. But that’s what they’re about to do as the federal government’s massive program revs up. Under the Small... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

Many New York coronavirus patients are young, surprising doctors

Younger adults in New York City are being hospitalized with Covid-19 infections at surprisingly high rates, said doctors and other health care workers treating them, undermining earlier assumptions... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

Hotel occupancy rates slide even more with travel shut down

The story keeps getting worse for U.S. hotels, as travel bans and social distancing efforts decimate demand for rooms. Occupancy rates fell to 23% during the week that ended March 28, according to a... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

5 real estate issues to watch in the state budget

With the arrival of the April 1 deadline for the state's budget—which Gov. Andrew Cuomo warned yesterday could be "coronavirus crisis shuts down much of the state and sinks potential tax revenues—the... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

WeWork asks landlords to cut its rent by up to 30%

WeWork is in discussions with its biggest landlords globally as the coworking giant aims to slash as much as 30% from its copious load of rent liabilities, according to people with knowledge of the... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

Stocks deepen sell-off on shutdown concerns

U.S. stocks started the second quarter with deep losses as investors braced for a long economic shutdown that’s likely to devastate corporate profits and dividends. The dollar rose with... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

DoorDash starts delivering toilet paper, groceries

DoorDash, the nation's biggest food delivery app, will start delivering goods from 7-Eleven, Wawa and other convenience stores to Americans who are mostly stuck at home for the foreseeable... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 2nd, 2020Related News

What to know about the coronavirus numbers in New York

The of… statistics reported by health authorities would seem to show that the United States has more coronavirus<…; infections than any other country and that the exceed any other state.  But the... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 1st, 2020Related News

Abbott launches 5-minute COVID-19 test

About 100 Amazon&am… at a plan to go on strike at noon on Monday, alleging management has been unresponsive to safety concerns and the spread of the coronavirus at the facility. Employees are... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 1st, 2020Related News

In a crisis, there"s no place like home

About 100 Amazon&am… at a plan to go on strike at noon on Monday, alleging management has been unresponsive to safety concerns and the spread of the coronavirus at the facility. Employees are... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 1st, 2020Related News

Trump adds 30 days to distancing guidelines as virus spreads

About 100 Amazon&am… at a plan to go on strike at noon on Monday, alleging management has been unresponsive to safety concerns and the spread of the coronavirus at the facility. Employees are... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 1st, 2020Related News

Mnuchin says small business loans up and running this week

About 100 Amazon&am… at a plan to go on strike at noon on Monday, alleging management has been unresponsive to safety concerns and the spread of the coronavirus at the facility. Employees are... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKApr 1st, 2020Related News