Business

Owners vote to strip Trump name from luxury condo building

Big, brassy letters spelling "Trump" will be ripped off another New York City apartment tower, the last of six luxury condominiums that once displayed the president's name.
Tags: New York, Finance, New York City, Article, Associated Press, Trump, FBN, Fbn/markets, Fox-business/markets, Ed25f3e3-fa66-5051-8846-2cdf3e03c975

Manhattan luxury condo owners vote to strip Trump’s name

NEW YORK (AP) — Big, brassy letters spelling “Trump” will be ripped off another New York City apartment tower, the last of six luxury condominiums that once displayed the president’s name. Owners got an email Friday from the board of a high-rise on Manhattan’s west side confirming that “Trump Place” will disappear from the facade […]
Tags: Business, New York, News, New York City, Ap, Nation, Manhattan, Trump, Trump Place

Trump called Amazon's abrupt New York HQ2 cancellation a 'big loss' and blamed the 'radical left' for the outcome (AMZN)

President Donald Trump called Amazon's decision not to move forward with its HQ2 plans in the Long Island City neighborhood of Queens a "big loss for New York City."  "It's the kind of thinking that our country is going to on the left, on the radical left," Trump said at a press conference on Friday. "But, ultimately, it's not good for jobs and it's not good for the economy."  Many New York politicians and local activists   pushed back on Amazon's plans to open part of its second headquarters ...
Tags: Amazon, New York, New York City, Trends, Walmart, Queens, Bronx, City Council, Donald Trump, Trump, Long Island City, AMZN, Michael Gianaris, New York City Last, Long Island City Queens, New York City Trump

Fortnite goes big on esports for 2019 with $100 million prize pool

Epic Games, maker of the ultra popular Battle Royale game Fortnite, is putting up another $100 million in prize cash for competitive tournaments in 2019. The company made waves in the esports world last year, announcing $100 million prize pool for the 2018 competitive year, dwarfing every other competitive title in one fell swoop. This year, a significant portion of the $100 million will be awarded to participants of the first-ever Fortnite World Cup. Each of the 200 players who qualify and comp...
Tags: Startups, TC, Gaming, New York City, EA, Twitch, Esports, Battle Royale, Fortnite, Annemunition

A Long Island City landlord has been accused of paying people to protest against Amazon after it canceled its New York HQ2 (AMZN)

Earlier this month, a Long Island City landlord launched a protest against Amazon after it announced plans to pull its HQ2 project from Queens, New York. The boycott, which took place outside an Amazon Books store near Herald Square, was supposed to include fellow angry Queens residents. But two protesters told Patch that they were paid for the gig. Earlier this month, a Long Island City landlord launched a protest against Amazon after the company announced plans to pull its HQ2 project from...
Tags: Amazon, New York, Craigslist, New York City, Trends, Queens, Manhattan, Upper East Side, Patch, Amazon Books, Perry, Queens New York, Herald Square, Long Island City, New York City Mayor Bill De Blasio, Musovic

Showfields raises $9M for a more flexible approach to brick-and-mortar retail

Showfields, which helps online brands move into offline, brick-and-mortar retail, is announcing that it’s raised $9 million in seed funding. “Our thesis was simple: Make the process of becoming physical as easy as becoming digital,” co-founder and CEO Tal Zvi Nathanel told me. I’ve written about other companies, like Bulletin, promising a more flexible approach to real-world retail. But one of the things that’s impressive about Showfields is the sheer size of its flagship space — Nathanel said t...
Tags: Startups, Ecommerce, Funding, New York City, Tech, NoHo, Prosor, Richard Gelfond, CityRow, Boll Branch, Hanaco Ventures, Showfields, Tal Zvi Nathanel, Nathanel, Showfields Nathanel, Hanaco General Partner

NY Gov. Cuomo deems losing 2nd Amazon HQ 'greatest tragedy'

Gov. Andrew Cuomo says Amazon's backing out of a deal to put one of its second headquarters in New York City is the "greatest tragedy" he has seen since he's been in government.
Tags: Amazon, Finance, New York City, Article, Associated Press, Andrew Cuomo, Albany, Cuomo, FBN, Amazon HQ, Fbn/markets, Fox-business/markets, N.Y, 3a4ddf6c-2f3f-5f4b-a6f2-b581cb102c7c

Artistic Director – New York City Gay Men’s Chorus

The AD will devise and implement an innovative, transformational, and relevant artistic strategy. The strategy will be in line with the mission, vision, and values as a leading organization within the field of LGBTQ performing arts in New York as well as nationally and internationally. OrganizationBig Apple Performing Arts (BAPA) is an LGBTQ-identified organization that serves as the nonprofit umbrella management company for New York City Gay Men’s Chorus (NYCGMC), Youth Pride Chorus, the ...
Tags: Art, New York, London, Jobs, White House, New York City, United States, Paris, Broadway, Lgbtq, Caribbean, Kristin Chenoweth, Carnegie Hall, Bruce, Cyndi Lauper, Brooklyn Academy of Music

Uber Freight has nabbed execs from Airbnb and Box, plans to double its staff this year, and hinted that international expansion is next

Uber Freight matches truck drivers with retailers, warehouses, and other shippers — not unlike the popular ride-hailing app. Uber Freight announced two executive hires last week. One is formerly of Airbnb and one came from Box. The freight marketplace also said it will double its team next year and may internationally expand.  It's all good signs for the rapidly-growing freight brokerage tech space.    Quite a few freight brokerage tech startups have made waves in the $726 billion truc...
Tags: Amazon, Etsy, New York City, Trends, Airbnb, North America, Andrew Smith, Mike Brittain, Uber Freight, Etsy Read, Bar Ifrach, Box Trucking

Blockchain is solid, in that there is no liquidity

The quality of a financial market is driven by liquidity. Companies want to list on the NYSE, because that’s where the most financial investors in the world are located, and the thicker the market for investors, the better the valuations for companies. The NYSE has “problems” though — its closed most hours of the week, for instance, because humans are lazy, and it has a bunch of rules on what can be listed and how. So blockchain! Blockchain solves this liquidity problem by allowing traders to op...
Tags: Travel, Google, Asia, UK, New York, Sweden, Congress, Indonesia, Washington Post, Saudi Arabia, China, Southeast Asia, India, Softbank, New York City, Israel

PE-backed PRA buys Koncept Events

PRA, a portfolio company of CI Capital Partners, has acquired Koncept Events, an event planning company. No financial terms were disclosed. PRESS RELEASE CHICAGO, Feb. 21, 2019 /PRNewswire/ — PRA, a leading business event management company in the United States, announced that it has acquired Koncept Events of Fort Lauderdale, Florida. Through eight strategic add-on acquisitions completed under CI Capital’s ownership, PRA has established an end-to-end event management company and enhanced its se...
Tags: Florida, Mexico, New York City, Trends, Chicago, United States, M&a, Pra, Nashville, North America, Smith, Caribbean, Nelson, South Florida, Tony, Lorenz

Why eating ice cream is linked to shark attacks

Ice cream consumption is actually linked to shark attacks. But the relationship is correlative, not causal. It's pretty stunning how media outlets skip over this important detail. None Soda and ice cream are linked to violence. What the what? And people have concluded from data that smoking, chocolate, and curly fries are good for you. Why the when?I'll explain -- but also go much further and show you… wait for it… that figuring out why such things are true doesn't even matter at all for driving...
Tags: Facebook, Science, New York City, Journalism, Data, Bbc, Computers, Code, Innovation, Statistics, Algorithm, University Of California, Prediction

I drove a $119,000 Audi A8 L to see if the ultraluxurious sedan is worth the price. Here's the verdict.

The Audi A8 is in its fourth generation as the carmaker's flagship luxury sedan. Our test car, an extended-wheelbase "L" version, came with many thousands of dollars' worth of premium and high-tech extras. There's no doubt that this $100,000-plus private jet for the road is a niche vehicle. But we adored it. It's been four years since I last sampled the A8, Audi's flagship sedan. Back then, I took an A8 L TDI diesel on a long road trip, with all three of my kids ensconced in the back seat. My...
Tags: Facebook, New York, New York City, US, Trends, New Jersey, Audi, Hollis Johnson

I drove a $119,000 Audi A8 L to see if the ultra-luxurious sedan is worth the price. Here's the verdict.

The Audi A8 is in its fourth generation as the carmaker's flagship luxury sedan. Our test car was an extended-wheelbase "L" version, and it came with many thousands of dollars in premium and high-tech extras. There's no doubt that this $100,000-plus private jet for the road is a niche vehicle. But we adored it. It's been four years since I last sampled the A8, Audi's flagship sedan. Back then, I took an A8 L TDI diesel on a long road trip, with all three of my kids comfortably ensconced in th...
Tags: Facebook, New York, New York City, US, Trends, New Jersey, Audi, Hollis Johnson

Amazon decided to shut down HQ2 in New York but advertisers see no sign of the e-commerce giant slowing down its attack on Madison Avenue

Amazon won't move forward with its plan to build a campus in Long Island City, but that change doesn't seem to have impacted Amazon's advertising expansion plans. Amazon is hiring for 867 roles in New York, with 117 positions in sales and advertising, and agencies say they're hearing more and more from the e-commerce giant. Amazon also recently moved to a bigger office in the Hudson Yards neighborhood, indicating that it plans to continue hiring. Amazon's decision to pull the plug on its high...
Tags: Google, Amazon, Facebook, New York, New York City, Trends, Queens, Manhattan, Staten Island, DSP, Empire State Building, Madison Avenue, Long Island City, Hudson Yards, David Tucker, Jeff Malmad

Zygus appoints Barden as managing partner

Zygus Capital has hired Geoff Barden as a managing partner. In addition to his new position at Zygus Capital, Barden is an analyst at 1st Source Bank. PRESS RELEASE NEW YORK (PRWEB) FEBRUARY 20, 2019 Zygus Capital, a partner-owned investment firm, today announced that Geoff Barden has joined Zygus Capital as a Managing Partner. In his new role, Mr. Barden will be a strategic advisor to Zygus’s Chairman, CEO, and Founder Paul Ho. “Mr. Barden brings great expertise and experience in asset allocati...
Tags: New York, California, Washington, New York City, Trends, Indiana, People, Royal Bank Of Scotland, University of Pennsylvania, Citi, Ho, Geoff, United States Army, Barden, PRWEB, Walter Reed Army Hospital

Alexandria Ocasio-Cortez says that $3 billion in tax credits should be given to the public, not Amazon — and a new poll shows that nearly half of Americans agree (AMZN)

Amazon backed out of a deal on February 14 to develop part of its second headquarters — known as HQ2 — in New York City, in exchange for a total of $3 billion in tax breaks it would receive over 10 years. The company cited resistance from state and local politicians as the reason behind its rethinking the deal.  A new INSIDER poll reveals that most respondents believe there are better uses for $3 billion in tax breaks than giving it all to one company for development.  The most popular use am...
Tags: Amazon, New York, New York City, Trends, Queens, AMZN, New York City Amazon, Alexandria Ocasio Cortez, Ocasio Cortez, Queens Virginia, Rep Alexandria Ocasio Cortez Amazon, INSIDER Siena College

JVP wraps up eighth fund at $220 mln

Israeli venture firm Jerusalem Venture Partners has closed its eighth fund at $220 million. JVP VIII’s investors include international insurance companies and endowments from universities and major global corporations. The fund will invest in early through mid-stage technologies. PRESS RELEASE JERUSALEM and NEW YORK, Feb. 20, 2019 /PRNewswire/ — Leading Israeli VC firm, Jerusalem Venture Partners (JVP), today announced the close of its latest fund, JVP VIII, with $220 million in commitments. Thi...
Tags: Asia, Europe, Japan, UK, New York, New York City, Israel, Jerusalem, Trends, Funds, Jerusalem Venture Partners, North America Europe, JVP, General Partners, CYBR, Preqin

Upper Bay-led investor group buys Tidewater from Stonepeak

An investor group led by Upper Bay Infrastructure Partners has acquired Vancouver, Washington-based Tidewater Transportation & Terminals, a transportation and terminal company. The seller was Stonepeak Infrastructure Partners. No financial terms were disclosed. Evercore acted as financial adviser to Stonepeak on the deal. PRESS RELEASE VANCOUVER, Wash., Feb. 20, 2019 /PRNewswire/ — Upper Bay Infrastructure Partners (“Upper Bay”), Ullico, funds and accounts under management by BlackRock, Silverfe...
Tags: New York, Washington, Oregon, New York City, Trends, Canada, United States, Idaho, Vancouver, Bob, West Coast, Pacific Northwest, Columbia, Northwest, Astoria, Vancouver Washington

Amazon will survive the HQ2 fiasco. Its bigger problem is winning over reluctant advertisers

Hello! First, if you're a Prime subscriber, we'd love to hear what you think. Please take our quick survey here. What a week it’s been for Amazon. The company accustomed to being slobbered over by local municipalities got a cold welcome when it tried to expand to New York City, and ended up pulling out. It was another sign that the public's goodwill toward big tech is fading.   Amazon's business will be just fine without New York City. But more crucial to its business, and less publicly, it’s t...
Tags: Google, Amazon, Facebook, Instagram, New York City, US, Trends, Netflix, Comcast, The New York Times, Times, Jonah Peretti, Kenshoo, DirecTV, Amdocs, Meredith Levien

A controversial startup that was charging $8,000 to fill your veins with young blood says it's halted operations after a warning from regulators

On the heels of a warning from federal regulators on Tuesday, controversial blood-transfusion startup Ambrosia allegedly stopped giving the treatments, its website said. Last month, Business Insider reported exclusively that the startup claimed to be up and running in 5 cities. Ambrosia had allegedly been charging $8,000 to fill your veins with the blood of young people, despite little to no hard evidence that the procedure had any benefits. As Business Insider previously reported, several res...
Tags: New York, Stanford, New York City, US, Los Angeles, San Francisco, Trends, Paypal, Food And Drug Administration, Fda, Business Insider, Ambrosia, Omaha Nebraska, Houston Texas, Tampa Florida, Gottlieb

Regulators are warning people against filling their veins with young blood, but a controversial startup is charging $8,000 to do it

Federal regulators are warning people against getting infusions of young blood. Last month, Business Insider reported exclusively that a controversial blood transfusion startup called Ambrosia was allegedly up and running in five US cities. Ambrosia charges $8,000 to fill your veins with the blood of young people — despite little to no hard evidence that the procedure has any benefits. As Business Insider has previously reported, many researchers — including those whose original science inspir...
Tags: New York, Stanford, New York City, US, Los Angeles, San Francisco, Trends, Paypal, Food And Drug Administration, Fda, Monterey, Business Insider, Ambrosia, Omaha Nebraska, Houston Texas, JAMA Neurology

Covera Health inks $8.5 mln Series A

New York City-based Covera Health, a provider of analytics-based programs to reduce medical misdiagnoses and improve quality of care, has raised $8.5 million in Series A funding. Equity Group Investments led the round. Source: Press Release
Tags: New York City, Trends, Healthcare, Equity Group Investments, VC Deals, Covera Health

Howard Schultz slams 'far-left activists' for 'forcing' Amazon to abandon its New York HQ2 plans (AMZN)

Former Starbucks CEO Howard Schultz slammed politicians on the left for "forcing" Amazon to ditch its New York HQ2 plans in an open letter.  "[F]ar-left activists succeeded in forcing Amazon to abandon plans to create a second headquarters in the New York City area, which would have brought 25,000 jobs and injected billions of dollars into the local economy," Schultz wrote.  Many New York politicians and local activists pushed back on Amazon's plans to open a second headquarters in Long Island...
Tags: Amazon, New York, New York City, Trends, Walmart, Howard Schultz, Starbucks, City Council, Donald Trump, Schultz, Long Island City, AMZN, Long Island City Queens, Jimmy Van Bramer, Queens Amazon, Rep Alexandria Ocasio Cortez

Why the Rosenhan Experiment still matters

In 1973, eight experimenters faked insanity to see how easy it was to get into a mental hospital. The hard part was getting out. Their findings sparked a great debate over how psychiatry treated patients and how accurate diagnostic procedures were.In an age marked by a lack of proper mental health care, the finding that it was too easy to get a doctor's attention seems shocking.In the United States, mental health care can be difficult to come by. One-third of Americans live in a "mental health p...
Tags: Psychology, Prison, New York City, Mental Health, Public Health, United States, Innovation, Hunter, Nellie Bly, Robert Spitzer, Rosenhan, Lauren Slater, David Rosenhan, Fred Hunter, Seymour S Kety, Lunatic Asylum

Get Help Faster: Blackstone LaunchPad powered by Techstars Spotlight on My Wellbeing, a Therapist-Client Matching Service

Highlights of student-led ventures participating in the LaunchPad Lift Cohort, part of the Blackstone LaunchPad® powered by Techstars® entrepreneurship program Sometimes we all just need to talk out our worries, stresses, and challenges with someone who is trained to help process the curve balls of life. Unfortunately, most people don’t seek professional care because it’s hard to find the right therapist-client fit. To solve this problem, My Wellbeing , a student-led venture from New York...
Tags: Startups, New York City, Clients, United States, Ireland, Blackstone, TechStars, Accelerators, New York University, Alyssa, Alyssa Petersel, LaunchPad Lift Cohort series, Techstars Blackstone, Alyssa Learn

Amazon's New York disaster shows dangers of gentrification

Amazon's sudden abandonment of its touted New York City project sends a message to companies and elected officials nationwide that it's not enough to promise to create jobs to win public support for new investments in cities already... [Author: [email protected]]
Tags: Amazon, Business, New York, New York City

A marijuana venture capital started by alums of $2.7 billion hedge fund Longacre is looking to raise a new fund

Altitude Investment Management is raising over $100 million for its second cannabis-focused fund, according to people familiar with the matter. The fund is a sizeable increase over its first $30 million fund which closed last year. Altitude joins a long list of cannabis venture funds that are raising millions to go after growth-stage startups. Venture capital funds focused on startups in the rapidly growing cannabis industry are raising boatloads of capital, and Altitude Investment Management...
Tags: UK, New York, New York City, US, Trends, Barclays, Greycroft, Lerer Hippeau, Citadel Investment Group, Michael Goldberg, BDS Analytics, Longacre, Front Range Biosciences, John Brecker, Jon Trauben, Altitude Investment Management

I drove the world's best-selling electric car for a weekend — and I realized why electric cars need more than 200 miles of range

I drove the 2018 Nissan Leaf for a weekend in December. The vehicle performed as I would expect given its size and price, but its 151-mile range presented challenges. I was reminded throughout the weekend of the extent to which range anxiety can limit the ways you can use an electric vehicle. Nissan will release a new version of the vehicle, the Leaf e+, in the US in the spring. It will have up to 226 miles of range, according to the automaker. The Nissan Leaf is the world's best-selling elec...
Tags: New York City, US, Trends, Chevy, Nissan, Chevy Bolt, Nissan Leaf, Chevrolet Bolt EV

Two words in Facebook's latest regulatory filing shows how worried the company is about what it's doing to people (FB)

Facebook's latest quarterly report with the SEC contains a little-noticed update to its risk factors. For the first time ever, Facebook acknowledges that concerns about users' well-being could hurt its business. It's a striking change from the company's altruistic boasts of the past.  Facebook CEO Mark Zuckerberg has talked a lot about making sure that users' time on his social network is "time well spent." After a year of headlines blasting Facebook for negatively affecting everything from m...
Tags: Amazon, Facebook, Mark Zuckerberg, New York City, Trends, Netflix, SEC, Silicon Valley, Zuckerberg