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“New Yorkers love Marathon Sunday, but taxpayers cannot be expected to subsidize a wealthy non-government organization like the New York Road Runners to the tune of $750,000,” MTA Bridges and Tunnels President Catherine Sheridan said in a statement. The New York Road Runners, which organizes the race, says that the marathon already generates millions of dollars for the city’s economy, and that the amount MTA proposed would make the race less affordable. “We value our partnership with all the City and State agencies that allow us to stage all of our events, including the marathon,” NYRR said in a statement. The MTA recently voted to approve congestion pricing in New York City, making it the first US city to charge such a toll. Despite the approval and expected implementation of the tolling plan, multiple lawsuits, such as one spearheaded by New Jersey Gov.
Persons: Catherine Sheridan, ” NYRR, Kathy Hochul’s, Phil Murphy, CNN’s Nathaniel Meyerson Organizations: CNN, Metropolitan Transit Authority, York, New, MTA, City and State, Gov, New Jersey Gov Locations: Brooklyn, New York City
Rite Aid is closing another 30 stores
  + stars: | 2023-11-29 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —Rite Aid is closing another roughly 30 locations across the US in addition to the 100 the bankrupt chain announced last month as part of its restructuring efforts. Rite Aid will have about 2,000 stores remaining when both rounds of closures are complete. Rite Aid is in much worse financial shape than its competitors. Over the past six years, Rite Aid has tallied nearly $3 billion in losses and its stock is down more than 90% for the year. That has forced Rite Aid and its rivals to reduce its physical footprint in recent years.
Persons: didn’t, , Kavilanz, Nathaniel Meyerson Organizations: New, New York CNN —, Nevada . Rite, Rite Aid, Amazon, Walmart, Target, Costco, Aid, Solutions, CVS, Walgreens, McKinsey Locations: New York, California, Pennsylvania, Ohio , Virginia, Washington, Michigan , New Jersey , Oregon, Connecticut , Maryland, Nevada
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