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Peloton shares fall as investors reject magical thinking on accounting

Would a loss by any other name hurt so much? Maybe it wouldn’t, which explains why unprofitable companies are going to considerable lengths to describe their money-losing ways as something other than... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Top earners at St. Mary"s Hospital for Children and Burke Rehabilitation Hospital

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Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

City to launch advisory group for LES resiliency plan following criticism

Mayor Bill de Blasio will create an advisory group to answer concerns about his administration's at East River Park. The mayor committed to funding the board shortly before a City Council committee... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Fifth Avenue sees steep rent decline as tenants struggle

A few blocks makes all the difference when it comes to rent on Manhattan’s Fifth Avenue. Lower Fifth Avenue, an area between 42nd and 49th streets, saw the biggest asking rent decline among... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Affordable-housing developers and advocates for the homeless battle prevailing-wage bill

Developers of low-cost housing and homelessness advocates say paying the prevailing wage will put them in the poorhouse. Three of the leading industry groups representing below-market builders... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Shake Shack stock plunges as Wall Street sees extended GrubHub impact

Shake Shack Inc. tumbled by the most ever Tuesday after the burger chain’s third-quarter comparable sales trailed estimates and management reduced its sales target. “After seeing improved trends... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

State still hung up on whether to OK mobile sports betting

New York is unlikely to approve statewide mobile sports betting anytime soon. Despite a push from lawmakers who favor letting people bet on their phones or laptops, sports betting remains restricted... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Uber says it"s a friend—not foe—of public transit

It's an old question whether Uber is a friend or foe of public transportation. As part of its efforts to demonstrate that it is, indeed, a complement to mass transit, the ride-hail giant announced... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Dimon says he’s learned a few lessons from the WeWork debacle

Jamie Dimon says companies heading toward initial public offerings should first study WeWork’s startling fall from grace. “I think there are lessons to be learned about these valuations, how you go... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Gowanus rezoning could require developers to buy Housing Authority"s air rights

An upcoming rezoning of Gowanus is expected to create thousands of apartments, including affordable units, a public promenade bordering the canal, new schools, manufacturing and retail spaces to... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Montefiore names new CEO

Montefiore Medicine has picked Dr. Philip Ozuah, a pediatrician and the current president of the health system, to serve as its next CEO, effective Nov. 15.  Ozuah replaces Dr. Steven Safyer who had... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

New York voters approve charter revisions on elections, budget and police oversight

Voters re-elected a suite of Democratic incumbents and career politicians on Tuesday—and ushered in changes to the city charter that could have major ramifications for the business community. Public... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Revel ride-share scooters bridge the gap in transit deserts

An avid bicyclist and all-around two-wheel-vehicle enthusiast, Frank Reig got the idea for Revel, a shared e-moped startup, visiting foreign cities such as Buenos Aires, Argentina, where the... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Montefiore picks longtime exec Ozuah to be next CEO as health system continues push north

In its search for its next CEO, Montefiore Medicine ultimately looked internally, choosing Dr. Philip Ozuah to lead the health system, effective Nov. 15. Ozuah, who has about 30 years of experience... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

SoftBank founder calls his judgment ‘really bad’ after $4.7B WeWork loss

Masayoshi Son struck a defiant tone after his  reported an enormous loss from investments in money-losing startups Uber.…; The Japanese billionaire paced a stage in Tokyo on Wednesday showing off... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Airbnb suffers big defeat in Jersey City

Masayoshi Son struck a defiant tone after his  reported an enormous loss from investments in money-losing startups Uber.…; The Japanese billionaire paced a stage in Tokyo on Wednesday showing off... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

SoftBank leader defiant as WeWork mess triggers $6.5 billion loss

Masayoshi Son struck a defiant tone after his  reported an enormous loss from investments in money-losing startups Uber.…; The Japanese billionaire paced a stage in Tokyo on Wednesday showing off... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

West Side tow pound could be hauled away for Hudson River Park expansion

Airbnb was dealt another setback in one of its most important markets Tuesday as voters in Jersey City, just a few minutes by train from the tourist sights of Manhattan, approved restrictions on... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Cuomo grapples with exploding Medicaid costs overruns

Airbnb was dealt another setback in one of its most important markets Tuesday as voters in Jersey City, just a few minutes by train from the tourist sights of Manhattan, approved restrictions on... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News

Gillibrand proposes caregiver tax credit

Airbnb was dealt another setback in one of its most important markets Tuesday as voters in Jersey City, just a few minutes by train from the tourist sights of Manhattan, approved restrictions on... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKNov 8th, 2019Related News