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Subway upgrades without congestion pricing funds will cause another transit crisis
The federal government is now delaying approval of New York City’s program, which had been expected to generate about $1 billion per year for transit improvements. As a result, the MTA is facing a... To view the full story, click the title link......»»
Americans lost nearly $88 billion to traffic congestion last year
If you’ve ever felt like traffic jams and congestion has cost you money, you’re not wrong. Veuer’s Mercer Morrison has the story......»»
The ongoing chip shortage is expected to cost the auto industry $110 billion this year, almost double analysts" estimate from January
A consulting firm projects that nearly 4 million fewer vehicles will be sold this year, up from an expected shortfall of 2.2 million. Workers build Ford F-150 trucks at one of the automaker's assembly plants.....»»
Pandemic job losses, workforce exits cost women $800B in lost income last year
A new report from Oxfam International ties a monetary amount to the pandemic’s devastation for working women. In 2020, women lost more than $800 billion in income globally, CNN reports, which is more than the combined gross domestic product of .....»»
"Staggering" Damage To New York City Tourism Cost City $1.2 Billion In Tax Receipts In 2020
"Staggering" Damage To New York City Tourism Cost City .....»»
The Tokyo 2020 Olympics may cost more than $26 billion - and the estimate keeps rising
The 2020 Olympics in Tokyo are the most expensive summer games ever, and last year's postponement added nearly $3 billion to the total. The cost to put on the .....»»
Disney and the NFL are reportedly sparring over a proposed TV deal that would cost the ABC and ESPN owner nearly $4 billion every year
Disney is pushing back on the proposed $3.8 billion annual cost to broadcast NFL games on its ABC and ESPN networks, according to CNBC. In a photo provided by ESPN Images, the draft board is seen.....»»
Short-sellers are nursing estimated losses of $19 billion in 2021 after betting on GameStop"s share price to fall
The war between hedge funds and Reddit day traders has cost short-sellers about $19 billion this year just on GameStop, new data indicates. John Minchillo/AP Short-sellers have lost about $19 billion on GameStop in 2021, new estimates .....»»
Joe Biden"s plan to increase the minimum wage to $15 won"t just help workers: A new study finds that lower wages cost taxpayers over $100 billion a year
The pay bump would give raises to over 20 million workers - and could provide relief for public safety net programs. President-.....»»
Tampa rakes in cash during pandemic through bonds sale
City CFO Dennis Rogero said the funds are being used to fund a complete overhaul of Tampa's water system, a 20-year project that will cost about $3 billion......»»
Everlane"s $115 Day Glove flats look and feel like they cost a lot more, and they"re currently on sale for 25% off — here"s what we think after wearing them around New York City for a year
Everlane"s $115 Day Glove flats look and feel like they cost a lot more, and they"re currently on sale for 25% off — here"s what we think after wearing them around New York City for a year.....»»
Insurance rates could spike 40% next year, report says
The coronavirus pandemic could cost commercial insurers in the U.S. anywhere from $34 billion to $251 billion, and possibly more, according to a new analysis by Covered California, which runs that sta.....»»
"Blindsided" with no backup plan and rents closing in: Laid-off NYC restaurant workers describe how their lives have changed as their industry collapses around them
Jeenah Moon/Getty Images New York City's restaurant industry makes about $50 billion in sales each year and employs 167,000 p.....»»
Halliburton to "significantly" cut 2020 capex below $1.2 billion budget
Oilfield services firm Halliburton is accelerating its cost-cutting and will significantly reduce spending this year below its original $1.2 billion budget, its finance chief said on Tuesday......»»
I live in New York City and have coronavirus symptoms, including the loss of smell. But I"m still working — and I"m afraid I"ll be furloughed soon.
pio3/Shutterstock Ron* is a 29-year-old man who works in real estate development. After experiencing a dry cough, congestion, and loss of.....»»
Half a million N95 masks are on their way to New York and Seattle, manufacturer says
3M said it will almost double production of the masks over the next year, to an annual rate of 2 billion masks worldwide. That is a bigger increase than the 30 percent boost the company announced Friday......»»
I climbed the $200 million, 2,500-step sculpture in NYC"s Hudson Yards on opening day — and the view from inside blew me away
Katie Warren/Business Insider The Vessel is a 150-foot-tall climbable sculpture in New York City's new $25 billion Hudson Yards neighborhood, which is now the city's priciest neighborhood. The sculpture cost.....»»
Cost of Boeing"s 737 Max crisis: $18.7 billion and counting
The Boeing 737 Max crisis took the lives of 346 people. It has also cost the aircraft maker at least $18.7 billion. And Tuesday's one-year anniversary of the second fatal crash of the jet, there is a real risk that the costs be significantly higher......»»
Gloomy skies: Flybe collapses; IATA warns on huge global hit
The coronavirus epidemic could cost passenger airlines up to $113 billion in lost revenue this year, an industry body warned on Thursday, the same day that regional UK carrier Flybe became an early casualty of the virus crisis. Adam Reed Reports.....»»
Google to invest $10B in offices and data centers in 11 states – including Texas
Google Inc. said Wednesday that it plans to invest more than $10 billion in U.S. offices and data centers this year, with new investments in California, Washington, Colorado, Georgia, Massachusetts, Nebraska, New York, Oklahoma, Ohio, Pennsylvania and.....»»