News

Wall Street Week Ahead: COVID-19 fears reappear as a threat to market

By Saqib Iqbal Ahmed NEW YORK (Reuters) – COVID-19 has resurfaced as a worry for investors and a potential driver of big market moves after a new variant triggered alarm, long after the threat had receded in Wall Street’s eyes. Worries about a new strain of the virus, named Omicron and classified by the World […]

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Explainer-How worried should we be about the Omicron variant?

By Deena Beasley Reuters – The new Omicron coronavirus variant – identified first in South Africa, but also detected in Europe and Asia – is raising concern worldwide given the number of mutations, which might help it spread or even evade antibodies from prior infection or vaccination. News of the variant prompted countries to announce

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Governor Hochul Announces First of Five City Electric Vehicle Fast Charging Sites Installed Through State’s Downtown Revitalization Initiative

Governor Kathy Hochul today announced the launch of the “DRIve EV Downtown” program that will bring electric vehicle (EV) fast charging stations to downtown areas in New York State that are undergoing revitalization and development efforts. Amsterdam in Montgomery County is the first of five cities that will deploy EVolve NY fast chargers as part

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Mayor de Blasio Announces Permanent Busway on Jay Street in Brooklyn

NEW YORK—Mayor Bill de Blasio and DOT Commissioner Hank Gutman celebrated City Hall in Your Borough: Brooklyn today by announcing that the Jay Street Busway in Downtown Brooklyn will be made permanent. Piloted in August 2020 as part of the Better Buses Restart plan, the Jay Street busway serves 47,000 riders on seven different Metropolitan Transportation

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Mayor de Blasio Announces $50 Million Capital Investment in Brooklyn Museum

NEW YORK—Today, Mayor de Blasio announced a historic $50 million capital investment in the Brooklyn Museum. Provided through the City’s Department of Cultural Affairs, the funding will support a transformative plan that encompasses gallery renovations and infrastructure projects aimed at updating the Brooklyn Museum’s 120-year old, City-owned landmark building for the 21st century and signals

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Foreign tourists back in New York, long business recovery seen ahead

By Tyler Clifford NEW YORK (Reuters) – New York has launched its largest tourism advertising campaign in history. John F. Kennedy International Airport bustles again with foreign passengers. The holiday season promises peak travel cheer, with more visitors on streets and in stores. But souvenir shops, horse carriage drivers and small businesses that rely on

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New York judge vacates convictions of two men for 1965 murder of Malcolm X

By Karen Freifeld and Julia Harte NEW YORK (Reuters) -Two men who spent decades in prison for murdering Black activist and civil rights advocate Malcolm X in 1965 were exonerated on Thursday by a New York state judge, after the Manhattan district attorney said evidence had been withheld in the case and apologized for “violations

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Starting and Scaling a Small Business as a Minority Entrepreneur

Ever dreamed of owning your own business? If so, you’re not alone. In fact, you’re among more than 60% of Americans with the same aspiration. There are plenty of resources to support you in making that dream a reality, especially as the COVID-19 pandemic continues to impact minority-owned businesses. Our team at JPMorgan Chase, for

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