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Kathryn Garcia at a New York City mayoral campaign event in June in Brooklyn's Bushwick neighborhood. All I want to do is deliver for New York City residents. You've gotta actually lead from the front, and you've gotta follow the data and make sure that we're using tactics that are effective at stopping and preventing crime. You've gotta walk the walk, it's not just talk the talk. [People who've lost trust in the police] have gotta see it, they've gotta be talking to police officers, rebuilding that relationship.
Persons: Kathryn Garcia, Manhattan's, Garcia, Andrew Yang, he'd, , Eric Adams, Yang, Adams, Bill de Blasio, Michael M, you've, I'm, Andrew Cuomo, You've, we've, it's, They're, We've, who've, they've, they're Organizations: Democratic, NYC, New York Times, Democratic New York, The New York Times, Marist College, Brooklyn Borough, Marist, Siena College, Quinnipiac University, of Sanitation, Big Apple, New York, MTA, Metropolitan Transit Authority, Yorkers, New, Brooklyn - Locations: Democratic New York City, Hill, New York, New, New York City, Brooklyn's Bushwick, Brooklyn, Brooklyn - Queens, Staten, Queens
CNBC reviewed records of donations from leaders on Wall Street who contributed to organizations supporting New York's Democratic mayoral candidates. Two pro-Yang groups, a super PAC and a separate 527 group, received over $3 million combined from financial executives. Wall Street executives gave more than $2 million to a super PAC backing one of their former colleagues, ex-Citigroup executive Ray McGuire. The big money donations demonstrate how important the race is to Wall Street. McGuire came into the race with many expecting the Wall Street money to largely flow toward his candidacy after his tenure at Citigroup.
Persons: Andrew Yang, Eric Adams, Adams, Yang, Ray McGuire, Hank Sheinkopf, Bill de Blasio's, Sheinkopf, Eric, Evan Thies, McGuire, Kathryn Garcia, Maya Wiley, Steve Cohen, Dan Loeb, Ken Griffin, Stanley Druckenmiller, Paul Tudor Jones, Cohen, Loeb, Griffin, Anthony Scaramucci, Donald, Peng Zhao, Jeffrey Yass, Perella Weinberg, Ray, Ricky Sandler, Bill Ackman, John Mack, Morgan Stanley Organizations: New York's, Brooklyn Borough, CNBC, Wall, New, Democratic, Finance, Wall Street, Citigroup, New York Democratic, City, Republican, WNBC, Telemundo, Politico, Marist, Adams, PAC, New York Mets, Citadel, Tudor Investment Corp, Yang, Yang PAC, SkyBridge, Citadel Securities, Susquehanna International Trading Group, Responsive Politics, Perella Weinberg Partners, McGuire, Eminence Capital, Pershing Locations: Brooklyn, New York, Yass
New York City Early Voting Begins for Primary Election
  + stars: | 2021-06-13 | by ( Katie Honan | ) www.wsj.com sentiment -0.74   time to read: +1 min
Voters trickled into polling sites in New York City over the weekend to pick the next mayor in the first big test of the city’s ranked-choice voting system. The primaries in the mayoral race and other local races, including for comptroller and dozens of city council seats, take place on June 22, but early voting in all the contests began Saturday at some locations. Under the new voting system, voters can rank their top five candidates in the mayoral primary and in most other races in preferential order. She ranked five Democratic mayoral candidates. “But I ranked them because it said the city would save money if we didn’t have to go back and vote.” Ranked-choice voting avoids potentially costly runoff elections if no candidate wins the majority of votes.
Persons: Bill de Blasio, Karen Brown, Eric Adams, Organizations: Democratic, Republican, Brooklyn Museum, Brooklyn Borough, New York Police Locations: New York City
The Strokes held a concert fundraiser for NYC mayoral candidate Maya Wiley Saturday night. AOC opened for the show, and was later seen dancing with Wiley during The Strokes' set. Rep. Alexandria Ocasio-Cortez (D-NY) and NYC mayoral candidate Maya Wiley were seen dancing at a Strokes concert in New York City Saturday night. The concert was a fundraiser for Wiley, with all proceeds going towards the civil rights attorney's mayoral campaign, according to NME. The Strokes concert was the first indoor full capacity concert of its size in New York City since the pandemic happened, according to NME.
Persons: Maya Wiley, Wiley, John Mulaney, Alexandria Ocasio, Eric Adams, Julian Casablancas, Eric Garner Organizations: NYC, New York City, Twitter, Wiley, mayoral, NME, Brooklyn Borough, City Hall Locations: Alexandria, Cortez, New York, New York City, NYC
Democratic candidate for New York City Mayor Maya Wiley speaks to voters and media while campaigning at the Co-op City housing complex in the Bronx borough of New York City, New York, U.S., June 7, 2021. REUTERS/Mike Segar/File PhotoFor months, a trio of liberal Democratic candidates in New York City's mayoral race has vied for the mantle of progressive standard-bearer in a crowded field. "New York is not a progressive city," said Christina Greer, a political science professor at Fordham University. "We know there are a lot of Democratic voters who call themselves progressive and support progressive values but think AOC is a little too far left." "She's clearly the progressive candidate that can win in this race," said Gabby Seay, the political director for the union, which represents healthcare workers.
Persons: New York City Mayor Maya Wiley, Mike Segar, Maya Wiley, Representative Alexandria Ocasio, Cortez, Elizabeth Warren of, Jumaane Williams, , Andrew Yang, Eric Adams, Kathryn Garcia, Wiley, Adams, Rudy Giuliani, Michael Bloomberg, Bill de Blasio, Christina Greer, Scott Stringer, Dianne Morales, Stringer, Morales, Sochie Nnaemeka, Gabby Seay Organizations: Democratic, New York City Mayor, REUTERS, MSNBC, U.S, Representative, Working Families Party, Brooklyn Borough, New York Police, NYPD, Republican, Democrat, Fordham University, City Hall, Service Employees International Union, Thomson Locations: Bronx, New York City , New York, U.S, New York, Elizabeth Warren of Massachusetts, Brooklyn, York
New York City Mayoral Candidates to Debate Ahead of Early Voting
  + stars: | 2021-06-10 | by ( Katie Honan | ) www.wsj.com sentiment -0.77   time to read: +1 min
The top five Democratic candidates in the race to be the next mayor of New York City will face off Thursday night in a televised debate two days before early voting begins. Ms. Wiley was ranked as the top choice by 17% of the voters, the poll showed. The primary will take place on June 22 but early voting begins at select polling locations on Saturday. The primary will be the first time ranked-choice voting will be used in a citywide race. With Democrats vastly outnumbering Republicans in New York City, the winner of the Democratic primary is considered the favorite to be the next mayor.
Persons: Eric Adams, Maya Wiley, Bill de Blasio, Alexandria Ocasio, Adams, Wiley, Andrew Yang, Kathryn Garcia, Scott Stringer Organizations: Democratic, Brooklyn Borough, U.S . Rep, Emerson College, PIX11, Sanitation, WCBS Locations: New York City, Alexandria, Cortez
Eric Adams, the former NYPD captain and president of the Borough of Brooklyn, answered questions about his residency status on Wednesday, allowing local reporters to tour his Central Brooklyn home. "If I'm not at Borough Hall, I'm here," Adams, a Democrat, told reporters inside his ground-floor, red-brick home. The tour came after a Politico New York report raised serious questions about Adams' main residency, which is a requirement to be mayor of the city. Adams said he has used the New Jersey property occasionally but said the Brooklyn home is his main residence. Adams, who has criticized Yang, saying he left the city during the pandemic, was joined by his 25-year-old son, Jordan, during the tour.
Persons: Eric Adams, Adams, Tracey Collins, , ” Adams, Maya Wiley, Bill de Blasio, Andrew Yang, Kathryn Garcia, Scott Stringer, Shaun Donovan, Raymond McGuire, Dianne Morales, Yang, Jordan, I've, ” McGuire, , Garcia, Wiley Organizations: NYPD, Central Brooklyn, Borough Hall, Politico, Brooklyn Borough, Democratic, GOP, Rep, Bronx ., Former City, New York Daily News Locations: Borough, Brooklyn, York, New Jersey, City of New York, New York City, Alexandria, Queens, Bronx
A top NYC mayoral candidate's official residence is in question following a report from Politico NY. A mysterious saga emerged in the New York City mayoral race on Tuesday evening, with Brooklyn Borough President Eric Adams's official residence coming into question. A campaign adviser told Politico that Adams and his partner did not see each other during the height of the pandemic. He signed his share over to another owner, and the campaign will be updating documents accordingly, the adviser told Politico. The Adams campaign has depicted the candidate's odd sleep habits as an indicator of how hard he works for New Yorkers.
Persons: Eric Adams, Eric Adams's, Sally Goldenberg, Joe Anuta, Adams, , Andrew Yang, he's, Maya, Evan Thies Organizations: Politico, Brooklyn, New York City, Brooklyn Borough, Hall Bureau, Prospect, intel, Democratic, New, Covid Locations: Prospect, Kings County, Bedford, Stuyvesant, Fort Lee, N.J, Manhattan
Eric Adams Draws Fire for Skipping Mayoral Debate
  + stars: | 2021-06-08 | by ( Anne Barnard | ) www.nytimes.com sentiment -0.89   time to read: 1 min
Turbulence again rocked the New York City mayoral race on Tuesday, as Eric Adams, a leading contender, came under fire from two directions, even as two rivals, Kathryn Garcia and Maya Wiley, displayed signs of growing support. Mr. Adams, the Brooklyn borough president, first drew criticism for his decision to skip a new debate among the top candidates scheduled for Thursday; he will instead attend a vigil for a 10-year-old killed in gun violence in Queens. Then questions emerged over where Mr. Adams actually lives, after Politico reported some inconsistencies in public records that suggested that he did not live in the Brooklyn apartment where he had registered to run for mayor. During the pandemic, Mr. Adams has often slept in Brooklyn Borough Hall, a habit that he has apparently continued in recent weeks. He also co-owns an apartment in Fort Lee, N.J.
Persons: Eric Adams, Kathryn Garcia, Maya Wiley, Adams Organizations: New York City, Politico, Brooklyn Borough Hall Locations: Brooklyn, Queens, Brooklyn Borough, Fort Lee, N.J
Kathryn Garcia’s first job in city government was at 22 years old as an intern in New York City’s Department of Sanitation in 1993, answering correspondence and doing data analytics. Ms. Garcia entered the race in January, touting her management prowess. Early polls of the mayoral race showed she had little support in a field of more than a dozen candidates. But recent endorsements from the editorial boards of the New York Times and the New York Daily News boosted her profile. A May 26 poll showed her in the lead in the race, holding a 3-percentage-point edge over Brooklyn Borough President Eric Adams.
Persons: Kathryn Garcia’s, Garcia, Eric Adams Organizations: New York City’s Department of Sanitation, Democratic, New York Times, New York Daily News, Brooklyn Borough Locations: New York, Manhattan
New York City will have a new mayor as Bill de Blasio hits his term limit. Controversies and notable items: Since launching his mayoral campaign, Yang has been under much heavier scrutiny than he faced while running for president. Eric AdamsBrooklyn Borough President and Democratic New York City mayoral candidate Eric Adams. Dianne MoralesNonprofit executive and Democratic New York City mayoral candidate Dianne Morales. Shaun DonovanNew York City mayoral candidate Shaun Donovan.
Persons: Bill de Blasio, pollsters —, Marist —, Andrew Yang, Eric Adams jockeying, Kathryn Garcia, Mark Lennihan, Yang, Davis, Kaplan, Tusk, Bradley Tusk, Eric Adams, Andrew Katz, John Jay, Adams, Spencer Platt, Garcia, Dianne Morales, Morales, Member Carlos Menchaca, Hunter Walker, Walker, Scott Stringer, de, Gracie, Stringer, Jerry Nadler, de Blasio, endorsers, Adriano Espaillat, Maya Wiley, Donald Trump's, Robert Mueller's, George Wiley, Wiley, Dermot Shea, Hakeem Jeffries, Alexandria Ocasio, Ray McGuire, McGuire, Wasserstein Perella, Merrill Lynch, Morgan Stanley, Michael Bloomberg, Gregory Meeks of, Jay, Gwen Carr, Eric Garner, Shaun Donovan, Andrew Lichtenstein, Harvard University —, Bill Clinton, Donovan, Barack Obama, Obama Organizations: Democratic, New, Quinnipiac, Marist, Brooklyn Borough, NYC, The New York Times, New York Daily News, Andrew Yang Democratic, AP, IBM, Philips Exeter Academy, Brown University, Polk, Columbia University, Manhattan Prep, Venture for America, Bank, Rivals, Eric Adams Brooklyn Borough, Democratic New York, Pacific Press, Getty, Black Brooklyn Borough, Bayside High School, New York City College of Technology, John, John Jay College of Criminal, Marist College, New York Times, Kathryn Garcia Democratic New York, Stuyvesant High School, University of Wisconsin, Department of Sanitation, Department of Environmental, Environmental, Water Supply, Waste Equity Law, The New York Times Editorial Board, Phipps, SUNY, SUNY Stony Brook, Harvard Graduate School of Education, Latina, Member, Police, Fund, NYPD, The, Reuters, Gracie Mansion, Upper West Side, Intercept, Maya Wiley Democratic New York, NBC News, MSNBC, Dartmouth College, Columbia Law School, NAACP, Milano School of Policy, Management, New School, Deal, Progress, New York City Housing Authority, Democratic Reps, Citigroup, Hotchkiss School, Harvard University, Boston, Credit Suisse, Wall, Brooklyn, Shaun Donovan New York, Community Preservation Corporation, Multifamily Housing, Department of Housing, Urban Development, New York City Department of Housing Preservation, Development, Housing, Budget, Hurricane, Force Locations: York, pollsters — Siena, Brooklyn, Schenectady , New York, New York City, Somers, America, New Hampshire, Eric Adams Brooklyn, Democratic New York City, Brownsville , Brooklyn, Queens, New, Adams, Kathryn Garcia Democratic New York City, Yorker, Madison, New York, South Bronx, SUNY Stony, Brooklyn's Bedford, Stuyvesant, de Blasio, Manhattan, Maya Wiley Democratic New York City, Deal New York, Alexandria, Cortez, Dayton , Ohio, Connecticut, Boston, Shaun Donovan New York City
Take Teladoc Health CEO Jason Gorevic, recently asked at the CNBC Healthy Returns Summit about the threat Amazon poses in health care. Amazon Care is expected to expand to its own employees in all 50 states this summer. Also, it's a significant lift to go from offering urgent care visits on demand to whole person health care." As long as Amazon Care is one enterprise client and its own employees, the Teladoc outlook will be based elsewhere. The idea of competition between Teladoc and Amazon may be missing the real threat Amazon poses in health care, according to David Grossman, research manager director at Stifel.
Persons: Gabby Jones, Jason Gorevic, Gorevic, Berkshire Hathaway, J.P, Morgan, Teladoc, I'm, Sean Wieland, Piper Sandler, Charles Rhyee, Goodrx, Rhyee, Telehealth, It's, Cowen, David Grossman, David Gross, Grossman, Livongo Organizations: Amazon Pharmacy, Bloomberg, Getty, Teladoc, CNBC, Amazon Care, Berkshire, Care, Walmart, MeMD, Wall Street, Cowen & Co, CVS, Covid, Amazon, Companies Locations: Brooklyn Borough, New York, U.S, Haven, telehealth
Alexandria Ocasio-Cortez has endorsed civil rights attorney Maya Wiley for New York City mayor. In endorsing Wiley, Ocasio-Cortez said that "we need a city by and for working people." The endorsement could give Wiley a major boost over the other progressive candidates in the race. Rep. Alexandria Ocasio-Cortez, one of the most prominent progressive voices in the country, on Saturday endorsed Maya Wiley in the New York City mayoral race, imploring voters to "come together as a movement." "If we don't come together as a movement, we will get a New York City built by and for billionaires, and we need a city by and for working people," Ms. Ocasio-Cortez said.
Persons: Alexandria Ocasio, Cortez, Maya Wiley, Wiley, Bill de Blasio, Ocasio, it's, Scott Stringer, Dianne Morales, Stringer, Morales, Eric Adams, Andrew Yang, Kathryn Garcia Organizations: New York City, Wiley, NBC News, MSNBC, Democratic, City Hall, New, Congressional, Brooklyn Borough Locations: Alexandria, New, Ocasio, Cortez, City, Manhattan, New York City, Bronx, Queens
The leading Democratic contenders for New York City mayor, former presidential candidate Andrew Yang and Brooklyn Borough President Eric Adams, faced harsh attacks from each other and a half dozen rivals during a televised debate on Wednesday. "We know that you've been investigated for corruption everywhere you've gone," Yang said, calling Adams "unprincipled." 1/3 Andrew Yang, Democratic candidate for mayor of New York City, speaks during a rally against Asian hate crimes following the May 31, 2021 unprovoked attack on a 55 year old Asian woman, in Manhattan's Chinatown district of New York City, U.S., June 2, 2021. Yang responded by defending his experience as a surrogate for national Democrats, including President Joe Biden, during last year's election. The candidates spent much of the two-hour debate clashing over policing and crime, with polls showing public safety is voters’ top concern.
Persons: Andrew Yang, Eric Adams, Yang, Scott Stringer, Maya Wiley, Yang –, , you've, Adams, Shannon Stapleton Read, Joe Biden, Kathryn Garcia, , Stringer, Dianne Morales Organizations: Democratic, New York City, Brooklyn Borough, Republican, MSNBC, Adams, REUTERS, Democrats, Thomson Locations: Brooklyn, New York City, Manhattan's Chinatown, U.S, New York
A poll of 570 likely Democratic voters conducted by Emerson College and PIX11 News found 21% had selected Ms. Garcia as their top choice. A poll by lobbying firm Fontas Advisors and Core Decision Analytics showed Mr. Adams leading, with 13%. Mr. Adams had support from 20% of voters, and Mr. Yang from 16%, according to the poll. PREVIEWA spokesman for Mr. Yang said the polls go up and down but the enthusiasm of his supporters has stayed high. In the Fontas poll, Ms. Garcia and Mr. Yang each received 8% of the vote.
Persons: Kathryn Garcia, Eric Adams, Garcia, Adams, Ms, Andrew Yang, Yang, Scott Stringer, Monika Hansen, Tyler Blint, Mr, , George Fontas, Katie Honan Organizations: Sanitation, Brooklyn Borough, Democratic, Emerson College, PIX11, Fontas Advisors, New York, New York Times, New York Daily News, News, New Locations: New York City
Ad-supported streaming steals the show at TV upfronts
  + stars: | 2021-05-22 | by ( Megan Graham | ) www.cnbc.com + 0.00   time to read: +4 min
With so many eyeballs moving into streaming, networks want advertisers to flock to their ad-supported streaming offerings. Ads in streamingThough streaming has been historically dominated by ad-free paid subscription platforms like Netflix, ad-supported services are gaining ground, according to eMarketer. In January 2021, 34% of U.S. households that had video streaming capability used ad-supported streaming services, up 6 percentage points from January 2020, according to Nielsen data. That applies both to ad-supported on-demand video platforms and linear streaming. During its presentation, for instance, WarnerMedia touted its forthcoming ad-supported service, promising light ad loads and less invasive ad types.
Persons: HBO Max, Gabby Jones, Fox, Comcast's NBCUniversal, ViacomCBS, Wells, Tubi, NBCU, WarnerMedia, Jim Nail, Forrester Organizations: T Inc, HBO, Bloomberg, Getty, Max, Discovery, Disney, Netflix, Nielsen, Cable, Fox, Insider Intelligence, B2C, & $ Locations: Brooklyn Borough, New York, U.S, Fox, Hulu, eMarketer
New York City Democratic mayoral candidate Andrew Yang stumbled in a Q&A on Thursday. Yang pitched a homeless shelter program for domestic violence survivors that already exists. At a Prospect Lefferts Gardens event on Thursday, New York City mayoral hopeful Andrew Yang raised eyebrows from the Gotham press corps when he made a pair of blunders. During a media availability in front of a subway station near Prospect Park, Yang said he would like to implement a shelter program for those fleeing domestic violence. The 1976 carve-out keeps disciplinary records for city police officers confidential, as well as those for firefighters and corrections officers.
Persons: Andrew Yang, Yang, Bill de Blasio's, Julia Marsh, Scott Stringer, Chris Coffey, Yang's, Stringer, Eric Adams Organizations: York, York City Democratic, Gotham, New York Civil Rights, New York Post, Brooklyn Borough Locations: York City, , New York, Prospect
It was the first debate before the June 22 primary in which the candidates could explain their visions to voters. However, turnout tends to be low in New York City primaries. "Safety is not synonymous with policing," Morales said, adding that the city has one of the largest police departments in the country. "My administration would reflect the incredible diversity of our city," Yang said. Donovan picked Wiley, Yang and McGuire picked Garcia, and Wiley picked Morales.
Persons: Eric Adams, Andrew Yang, Scott Stringer, Maya Wiley, Kathryn Garcia, Shaun Donovan, Raymond McGuire, Dianne Morales, Yang, Adams, Stringer, Wiley, Garcia, Donovan, McGuire, Morales, Bill de Blasio, excoriated Adams Organizations: Democratic, New York, New Yorkers, Change Research, Brooklyn Borough, Former City, Wiley, Coalition of, New York Times Locations: New York City, Brooklyn, New York
Activision Blizzard reported earnings of 84 cents per share, topping a Refinitiv forecast of 70 cents per share. T-Mobile reported earnings of 74 cents per share on revenue of $19.76 billion. Lyft lost 35 cents per share, while analysts estimated a loss of 53 cents per share, according to Refinitiv. Match Group — Match Group jumped 6.1% following after the company reported better-than-expected results for the previous quarter. Match Group reported earnings of 57 cents per share, above the forecast 40 cents per share, according to Refinitiv.
Persons: Lyft, giant's, Zillow Organizations: Philadelphia Fusion, London, Activision, Inc, Overwatch, Barclay Center, Activision Blizzard, Mobile, Revenue, Wall Locations: Brooklyn Borough, New York, U.S, Refinitiv
New York City mayoral hopeful Eric Adams pushed back on the "defund the police" slogan. The Brooklyn Borough President told New York Magazine that people of color are not pushing for it. "There are a lot of young white affluent people who are coming in and setting the conversation," he said. In an interview with New York Magazine published Tuesday, Adams said the "defund the police" movement is led not by people of color in the Big Apple, but rather by young white professionals. "There are a lot of young white affluent people who are coming in and setting the conversation."
Persons: Eric Adams, Adams, Dianne Morales Organizations: Brooklyn Borough, New York Magazine, NYPD, New York City, Democratic, Big Apple, Black Brooklyn Borough Locations: York
FILE PHOTO: Actress Jessica Alba, co-founder of The Honest Company, speaks during the TechCrunch Disrupt event in Brooklyn borough of New York, U.S., May 11, 2016. REUTERS/Brendan McDermid(Reuters) - Honest Co, a consumer goods company founded by actress Jessica Alba, said on Monday it is aiming for a valuation of over $1.5 billion in its initial public offering in the U.S.
Persons: Jessica Alba, Brendan McDermid Organizations: The Honest, TechCrunch, REUTERS Locations: Brooklyn borough, New York, U.S
Jessica Alba's Honest Co targets $1.5 billion valuation in U.S. IPO
  + stars: | 2021-04-26 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +1 min
FILE PHOTO: Actress Jessica Alba, co-founder of The Honest Company, speaks during the TechCrunch Disrupt event in Brooklyn borough of New York, U.S., May 11, 2016. REUTERS/Brendan McDermid(Reuters) -Jessica Alba’s Honest Co said on Monday it was aiming for a valuation of over $1.5 billion in its initial public offering in the United States. Honest then reached reut.rs/3cChqzw a $7.35 million settlement for wrongly labelling ingredients in some products as natural, plant-based or chemical free. The Los Angeles-based company, looking to list its shares on the Nasdaq under the symbol “HNST”, said in its filing it was offering around 25.8 million shares between $14 and $17 each. Honest would receive around $110 million at the upper end of the range, excluding proceeds from shares offered by stockholders.
Persons: Jessica Alba, Brendan McDermid, Jessica Alba’s, , Morgan Stanley, Jefferies, J.P, Morgan Organizations: The Honest, TechCrunch, REUTERS, Nasdaq, underwriters Locations: Brooklyn borough, New York, U.S, United States, Alba, Los Angeles
Jessica Alba's Honest Co targets $1.5 bln valuation in U.S. IPO
  + stars: | 2021-04-26 | by ( ) www.reuters.com sentiment -0.99   time to read: +1 min
Actress Jessica Alba, co-founder of The Honest Company, speaks during the TechCrunch Disrupt event in Brooklyn borough of New York, U.S., May 11, 2016. REUTERS/Brendan McDermidJessica Alba's Honest Co said on Monday it was aiming for a valuation of over $1.5 billion in its initial public offering in the United States. But it came under the scanner in 2016, when a lawsuit said its products contained a harsh chemical it had pledged to avoid. Honest then reached a $7.35 million settlement for wrongly labelling ingredients in some products as natural, plant-based or chemical free. Honest would receive around $110 million at the upper end of the range, excluding proceeds from shares offered by stockholders.
Persons: Jessica Alba, Brendan McDermid Jessica Alba's, Morgan Stanley, Jefferies, J.P, Morgan Organizations: The Honest, TechCrunch, REUTERS, Nasdaq, underwriters, Thomson Locations: Brooklyn borough, New York, U.S, United States, Alba, Los Angeles
Yang said that he'll work to convince New Yorkers to return to the city from places like Florida. He said that people will pay a premium "as long as we can make the case that New York City is back." New York City mayoral candidate Andrew Yang says that if he's elected to office this year, he'll work to convince New Yorkers who fled to Florida during the COVID-19 pandemic to return, calling the Sunshine State "boring." "The municipal government controls property taxes. There are issues with the property taxes that I would like to change and reform.
Persons: Yang, Andrew Yang, Molly Jong, Trump, Jong, Eric Adams, Scott Stringer, Maya Wiley, Kathryn Garcia, Ray McGuire Organizations: New, Sunshine, Democratic, Brooklyn Borough, City, Wall, Republican Locations: Florida, New York City, York City, Georgia, New York, Albany
NYC mayoral hopeful Andrew Yang's pitch to an LGBTQ political club went disastrously wrong, per a New York Times report. One member of the club described his pitch as having "Michael Scott levels of cringe." New York City mayoral frontrunner Andrew Yang bewildered members of a prominent LGBTQ+ political club in the city with "Michael Scott levels of cringe" while trying to win their endorsement, The New York Times reported Thursday. You make New York City special. The Stonewall Club chose to endorse Stringer for its first choice, nonprofit executive Dianne Morales for its second, and McGuire for its third.
Persons: Andrew Yang's, Yang, Michael Scott, Andrew Yang, Read, Zers, Biden, Harris Doran, " Doran, Alejandra Caraballo, Eric Adams, Scott Stringer, Ray McGuire, Stringer, Dianne Morales, McGuire, Rose Christ, Sasha Neha Ahuja, Andrew Organizations: New York Times, Stonewall Democrats, New, The Times, Twitter, New York City, Democratic Party, Times, Stonewall, Democratic, Brooklyn Borough, CitiGroup Locations: York City, New York City, Washington, New York
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