DIRS.INFO The most relevant business & tech news

☆ Parents with young kids are fleeing New York City in droves. Skyrocketing housing and daycare costs are to blame.
▼ + stars: | 2024-06-06 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

The concrete jungle is an increasingly unfriendly playground for young kids and their parents. Families with kids under six years old are more than twice as likely to leave New York City than families without young kids, according to a new report from the Fiscal Policy Institute, a left-leaning think tank. To make matters worse, many parents of young kids were thrown into a panic several months ago when New York City Mayor Eric Adams announced he would cut $567 million from public preschool programs for three-year-olds. Between 2020 and 2022, 17,500 millionaires moved into New York City, while 2,400 left, FPI reported last year. Have you left New York City or State because of rising childcare and housing costs?

Persons: Eric Adams, Adams, FPI Organizations: Service, Fiscal, Institute, Business, The New York Times, New York City, Yorkers Locations: New York City, The, New, New York, Black

☆ How a humble Indian fabric became a symbol of luxury in 1960s America
▼ + stars: | 2024-06-05 | by ( Christy Choi | ) edition.cnn.com time to read: +9 min

But this staple of preppy American fashion has humble origins, far from Martha’s Vineyard or the hallways of Yale or Harvard, in Chennai, India, the coastal city from which it takes its name. Krishnan Nair,” a biography of the Indian textile magnate and hotelier who first sold Jacobson the madras, in a video interview with CNN. From Chennai to shores of the CaribbeanFort St. George was established in the 1630s, helping the British cement a monopoly on the highly lucrative Indian textile industry. Research by the London School of Economics estimates that Indian cotton textiles, which were often exchanged for slaves, accounted for 30% of the total export value of 18th century Anglo-African trade. A madras fabric weaving workshop in Chennai, the Indian city once known as Madras, circa 1990.

Persons: Lisa Birnbach’s “, Ralph Lauren, Brooks, William Jacobson, ”, Bachi Karkaria, Captain C.P, Krishnan Nair, Jacobson, Tony Cenicola, Karkaria, — Nair, “, ’, David Ogilvy, Leonard McCombe, Nair, Ogilvy, Elihu Yale, George, Hathaway, India Madras ”, Eli Yale, King George I, Hathaway Yale, Yale, Kai Toussaint Marcel, Marcel, Tommy Hillfiger, Kimberly M, Jenkins, Patrick Horvais, madras “ Organizations: CNN, Brooks Brothers, Yale, Harvard, New York Times, Milton Academy, madras, Ivy League, East, Yale College, Yale University, Yale . Yale, East India Company, Metropolitan Museum of Art, Parsons School of, London School of, Princeton, Miss College, Sports Locations: madras, Bahamas, Chennai, India, Madras, West Africa, Milton , Massachusetts, superstardom, East India, Fort St, India Madras, Scottish, North Africa, Nigeria, America, Caribbean, St, West Indies, England, France, New Orleans, East Coast, Bermuda, madras Bermuda, Rhode Island, Newport, South Florida, Palm, Fisher

☆ Delivering food on an e-bike or moped is a deadly endeavor in New York City
▼ + stars: | 2024-06-04 | by ( Eliza Relman | Madison Hoff | ) www.businessinsider.com time to read: +9 min

New York City delivery workers who don't use cars have one of the deadliest jobs in the city. There are now more than 65,000 app-based restaurant delivery workers in the city, and about 80% of them use e-bikes and motorbikes. The city report found that 28.7% of e-bike or moped delivery workers experienced injuries that forced them to miss work, lose consciousness, or seek medical care. They're asking for wider protected bike lanes, or even separate lanes for e-bikes and mopeds, and charging facilities for e-bikes. Indeed, "New Yorkers are dependent on app delivery workers to keep them safe and fed during times of crisis," she added.

Persons: —, takeout, Eric Adams, it's, Jose Alvarado, Andrew Lichtenstein, Brad Lander, Uber, DoorDash —, Ligia Guallpa, Guallpa, DoorDash, Guallpa's, Lander Organizations: Service, Business, Department of Consumer and Worker Protection, US Bureau of Labor Statistics, Bureau of Labor Statistics, Bloomberg, Yorkers, New York Times, Department of Transportation, Getty, City, York, Workers Justice Locations: New York City, York, New York, South Bronx, York City, City, Manhattan, Williamsburg , Brooklyn

☆ Khosla Ventures backs weather balloon startup that uses AI to upend forecasts
▼ + stars: | 2024-06-03 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Windborne uses a new type of weather balloon, for example. Windborne's balloons can fly for weeks, as opposed to today's government-launched weather balloons which stay aloft for just a few hours and can't reach remote locations. The world currently lacks weather data for 85% of the atmosphere, according to the World Meteorological Organization (WMO). Windborne just closed a $15 million round with lead investor Khosla Ventures. In addition to Khosla Ventures, Windborne is backed by Footwork VC, Pear VC, Convective Capital, Ubiquity Ventures and Susa Ventures.

Persons: John Dean, Dean, Sven Strohband, Windborne Organizations: National Oceanic, Atmospheric Administration, Investors, Google, World Meteorological Organization, Khosla Ventures, Weather Company, Economic, Windborne, Susa Ventures Locations: California, Susa

Thousands of pro-Israel demonstrators marched along Fifth Avenue on Sunday during a heavily policed Israel Day parade that took on a more somber tone this year as the war in Gaza enters its eighth month. The normally jubilant event, which has been held annually since 1964, had fewer spectators in Midtown Manhattan than usual because of intense security. The parade — which was expected to draw 40,000 participants, all of whom needed credentials to march — has been previously called “The Salute to Israel Parade” or “Celebrate Israel.” This year, it was renamed “Israel Day on 5th” and focused on remembering the hostages seized by Hamas on Oct. 7. The event was mostly peaceful and drew very few counterprotesters. No Palestinian flags were in evidence along the parade route on Sunday.

Persons: —, ”, Eric Adams Organizations: Israel, Police Locations: Israel, Gaza, Midtown Manhattan, New York

☆ A homeless advocate of 40 years says finding homes for unhoused New Yorkers with vouchers has never been so hard
▼ + stars: | 2024-06-01 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

And the biggest program to help those in need of homes — the federal housing voucher system — isn't keeping up. With city shelters struggling, the government has set up more than 200 emergency shelters to house migrants, including in former jails and hotels. Greenberg said he decided to seek out homeless voucher holders after hearing from those who'd had an excruciating time finding an apartment. Ed Jones/Getty ImagesThe Interfaith Assembly set up a pilot program about six months ago to help homeless voucher holders find homes. Advertisement"I've spoken to landlords who want housing voucher holders, who've experienced some real damage to their apartments," Greenberg said.

Persons: —, Marc Greenberg, Greenberg, We're, Eric Adams, who'd, Ed Jones, they're, who've Organizations: Service, Coalition, Business, York, Interfaith Assembly, Homelessness, New, Apple, . New York, Assembly, Washington State Locations: York City, New York City, New York, . New, Oregon

☆ Hurricane season will bring 4 to 7 major storms, NOAA predicts. How to prevent catastrophic damage to your home
▼ + stars: | 2024-06-01 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +12 min

With scientists predicting yet another active year for storms, making your home hurricane resistant has become a more valuable precaution. "Already, we are seeing storms move across the country that can bring additional hazards like tornadoes, flooding and hail," he said. A separate forecast from hurricane researchers at Colorado State University predicts an "extremely active" hurricane season in 2024 due to record-warm tropical and eastern subtropical Atlantic sea surface temperatures. If installing new hurricane windows isn't in the budget, shutters are lower-cost options to protect windows and other openings, said Chapman-Henderson. Talk to your insurer about possible discounts Strengthening your home against disasters may help lower your insurance cost.

Persons: Irma, Warren Faidley, Alicia Silverstone, Erik A, Hooks, Phil Klotzbach, Klotzbach, Jeff Ostrowski, Leslie Chapman, Henderson, Jennifer Languell, Chapman, Kin, Melissa Cohn, William Raveis, Bankrate's Ostrowski, Ostrowski, Loretta Worters, Worters, Languell Organizations: Getty, Atmospheric Administration, NOAA, Finance, Federal Emergency Management Agency, Hurricanes, Colorado State University, Department of Atmospheric, Fluid Dynamics, Climate, Energy Solutions, Swiss, Massachusetts Institute of Technology, Federal Alliance, Safe, Safe Homes, Department of Energy, Trifecta, William Raveis Mortgage, Insurance, Institute, Homeowners Locations: Miami , Florida, U.S, windstorms, Florida, In Florida, Alabama, Louisiana, dsireusa.org

☆ Auroras could appear over the next week as solar activity increases
▼ + stars: | 2024-05-31 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

The center, a division of the National Weather Service, issued a modern geomagnetic storm watch, known as a G2, for Friday and Saturday. Unlike the G5, or extreme geomagnetic storm, that occurred on May 10, moderate storm watches are not uncommon, according to the center. But the aurora-causing solar flares and coronal mass ejections currently spewing from the sun are a result of the same sunspots that triggered solar activity in May, according to Dr. Ryan French, solar physicist at the National Solar Observatory in Boulder, Colorado. “The frequency of things is decreasing, but you only need one to cause a large geomagnetic storm. The solar storm on May 10 was the most successfully mitigated space weather storm in history, Dahl said.

Persons: Ryan French, Lokman Vural, “ It’s, ”, Shawn Dahl, Dahl, ” Dahl, “, That’s, there’s Organizations: CNN, United, National Oceanic, Prediction, National Weather Service, Anadolu Agency, Getty, Solar Dynamics, auroras, ”, European Space Agency Locations: United States, Midwest, New York, Idaho, Boulder , Colorado, Rochester , New York, Sweden, South Africa

☆ Roger Fortson: Florida deputy who fatally shot a Black man in his home has been fired, sheriff says
▼ + stars: | 2024-05-31 | by ( Kaila Nichols | ) edition.cnn.com time to read: +3 min

CNN —The Florida sheriff’s deputy who fatally shot a Black man in his home has been fired, the sheriff’s office announced Friday. The decision followed an internal investigation into the former deputy, Eddie Duran. A separate criminal investigation into the deputy’s actions is ongoing with the Florida Department of Law Enforcement. Mr. Fortson did not commit any crime. He joined the sheriff’s office again in June 2023.

Persons: Eddie Duran, Eric Aden, “, Roger Fortson, Fortson, Duran, ” Aden, ” Duran, Christina Maxouris, Shawn Nottingham, Melissa Alonso, Dakin Andone Organizations: CNN, Florida Department of Law, Sheriff’s, Okaloosa Locations: Florida, Okaloosa

Read previewFormer President Donald Trump's historic conviction on Thursday may have been in part due to mistakes made by his defense team, including not having him take the stand, legal experts told Business Insider. Though the conclusion of the case was significant, three legal experts told BI the verdict wasn't a major shock. AdvertisementHe pointed to opening statements made by Trump's lawyer, Todd Blanche, that Rahmani thought suggested an accountant would testify and serve as a fall guy. AdvertisementNot long before resting their case, the defense told the judge they were still weighing having Trump testify. Some legal experts previous said testifying would not be a good idea for Trump, with concerns that he could end up committing perjury.

Persons: —, Donald Trump's, Trump, Stormy Daniels, Alex Reinert, Eric Anderson, Sullivan Wright Gizer, McRae, Donald Trump, Daniels, Neama, Todd Blanche, Michael Cohen, Trump's, Rahmani, David Pecker, Anderson, Cohen, hadn't, It's, Merchan, Biden Organizations: Service, New, Business, Cardozo School of Law, McRae LLP, West, Trial, National Enquirer, Trump Locations: New York

☆ 3 quick and easy anti-inflammatory recipes, backed by a nutritionist
▼ + stars: | 2024-05-30 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Last year, Gwyneth Paltrow revealed that she eats an anti-inflammatory diet after suffering from long COVID. Eating an anti-inflammatory diet — meaning mostly fresh or minimally processed foods and minimal highly processed foods — can help reduce inflammation, according to the Cleveland Clinic. "Mushrooms contain multiple natural anti-inflammatory compounds, including essential vitamins and minerals, as well as numerous anti-inflammatory metabolites," Kodamala said. "Turmeric contains the active ingredient curcumin, which is an antioxidant and anti-inflammatory, making it a real powerhouse to include in your diet," she said. Nuts may also have anti-inflammatory properties, according to a 2023 review, and so might ginger, according to a 2022 review — but more research is needed on both.

Persons: —, Gwyneth Paltrow, It's, James Wythe, Vinny Kodamala, Kodamala, it's Organizations: Service, Business, Cleveland Clinic, LloydsPharmacy Locations: Dijon

☆ NICE's CEO says AI is 'the ultimate alchemist' that can transform customer-experience solutions
▼ + stars: | 2024-05-30 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +6 min

The software company NICE launched Enlighten AI to improve customer service and clients' efficiency. Eilam said Enlighten AI "dramatically improves" productivity and efficiency for customer-experience teams by automating many labor-intensive tasks, such as note-taking during customer-service calls. Enlighten Autopilot, one of the products within NICE's Enlighten AI for CX repository, enhances self-service with an AI-powered virtual assistant. Many existing customers are adding Enlighten AI to their portfolios, and NICE is attracting new customers with its AI capabilities. The organization implemented Enlighten AI to monitor 100% of its customer interactions and gather insights about the behaviors influencing customer sentiment.

Persons: —, We've, Barak Eilam, Eilam, Copilot, What's Organizations: NICE, Service, Neptune Intelligence Computer Engineering, Business, Republic Services, Open Network Exchange, ONE, BI Locations: Hoboken , New Jersey

☆ ‘Eric’ review: Benedict Cumberbatch pulls the right strings in Netflix series about a puppeteer and his missing son
▼ + stars: | 2024-05-29 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —Weird, dark but compulsively watchable, “Eric” stars Benedict Cumberbatch and a hulking foul-mouthed puppet, not necessarily in that order. When Edgar abruptly goes missing, both parents blame Vincent, who becomes convinced his child’s drawings of an ogre-like puppet named Eric are somehow the key to finding him. As Vincent turns to self-medication to ease his anxiety and guilt, Eric appears to him, and him alone, ostensibly to help him locate the boy. Ivan Howe plays the missing child in Netflix's "Eric." Eric might need somebody to pull his strings, but give credit to “Eric” – especially considering the challenging nature of the concept – for so effectively tying those threads together.

Persons: “ Eric ”, Benedict Cumberbatch, Edgar, Ivan Howe, Vincent, Cumberbatch, ”, Cassie, Gaby Hoffmann, isn’t, Eric, Lennie, Dan Fogler, Abi Morgan, McKinley Belcher III, –, hasn’t, Henry Sugar, Morgan, Eric ”, “ Eric ” – Organizations: CNN, Netflix, “ Locations: New York, Netflix's, Welsh, York

☆ Opinion | The Best Move for the Trump Jury: A Split Decision
▼ + stars: | 2024-05-28 | by ( Jonathan Alter | ) www.nytimes.com time to read: +1 min

With the jury still deliberating, it’s time for those of us who have heard every minute of this trial to place our bets. My prediction is this: Donald Trump will be convicted on nine of 34 counts of falsifying business records. It would have hurt the credibility of their verdict had they returned with one too soon on Wednesday, the day they began deliberating. On Thursday morning they reheard portions of the judge’s instructions and many pages of important trial testimony. I think Trump deserves to be convicted on all 34 counts.

Persons: Donald Trump, He’ll, Donald Jr, Eric, Trump Organizations: House Locations: Trump

☆ 30-year-old Grayson Murray died by suicide a day after withdrawing from the PGA tournament
▼ + stars: | 2024-05-26 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Professional golfer Grayson Murray, a two-time PGA Tour winner, died Saturday. Murray died by suicide, according to a statement from his family. AdvertisementTwo-time PGA Tour winner Grayson Murray died Saturday, just a day after he withdrew from the tour's Charles Schwab Challenge, PGA Tour Commissioner Jay Monahan announced in a statement. His parents, Eric and Terry Murray, revealed in a statement through PGA Tour on Sunday that he died by suicide. "We would like to thank the PGA TOUR and the entire world of golf for the outpouring of support," the family said.

Persons: Grayson Murray, Charles Schwab, Murray, —, Jay Monahan, Eric, Terry Murray, Grayson Organizations: PGA, Service, Saturday, Charles Schwab Challenge

☆ Grayson Murray’s parents confirm the golfer died by suicide
▼ + stars: | 2024-05-26 | by ( Kevin Dotson | Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —Professional golfer Grayson Murray died by suicide, his parents confirmed in a statement released through the PGA Tour. It’s a nightmare.”The statement continued, “We would like to thank the PGA Tour and the entire world of golf for the outpouring of support. It provides free and confidential support 24 hours a day, seven days a week for people in suicidal crisis or distress. For crisis support in Spanish, call 1-888-628-9454. For support outside of the US, a worldwide directory of resources and international hotlines is provided by the International Association for Suicide Prevention.

Persons: Grayson Murray, ” Eric, Terry Murray, wasn’t, Grayson, ”, Charles Schwab, Murray, Keegan Bradley Organizations: CNN, PGA, Tour, Sony, Keegan, IMG, Prevention, International Association for Suicide Prevention, Befrienders, Locations: Fort Worth , Texas, Raleigh , North Carolina

☆ A Texas coastal engineer says a simple home-buying decision saved his house from Hurricane Harvey — and could help other home-owners in flood zones
▼ + stars: | 2024-05-25 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +6 min

Advertisement2024 may be the worst hurricane season in history3D rendering of Category 4 hurricane near the US State of Louisiana. FrankRamspott/Getty ImagesA coastal engineer at Texas A&M University, Figlus is an expert on flooding. AdvertisementDespite rising flood and hurricane risk, a whopping 140,000 people moved to Houston, Texas, last year. This online service provides a detailed breakdown of flooding risk in a given area. AdvertisementAll in all, Figlus thinks people can still live in flood zones relatively safely, as long as they understand the risks.

Persons: Jens Figlus, Figlus, Hurricane Harvey, Harvey, Wager, jhorrocks, David J, Phillip Organizations: Service, Business, Texas, M University, Figlus, National Oceanic, Atmospheric Administration, University of Pennsylvania, Simpson, Census, FEMA Locations: Texas, Louisiana, of Louisiana, Atlantic, what's, Houston, Houston , Texas, Gulf, Galveston Bay, Hurricane

☆ NYC hotel rooms are averaging over $300 a night as many hotels exclusively house migrants, reducing supply during a tourism boom
▼ + stars: | 2024-05-25 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Read previewFor travelers planning trips to New York City, be prepared to shell out more money than ever for a hotel. But it's not just an uptick in travel to New York City that is driving up prices. Related storiesAnd, as The New York Times recently reported, the migrant crisis has also caused a jump in hotel rates. AdvertisementThis has reduced the supply of available rooms and helped drive up prices for guests looking for accommodations across the city. According to CoStar data, the hotels now sheltering migrants have cordoned off roughly 16,500 rooms from the available hotel supply, resulting in nearly 122,000 available rooms for travelers.

Persons: —, it's, Daniel H, Lesser, Joe Biden's, Donald Trump, Greg Abbott, Eric Adams Organizations: Service, Business, New York Times, Times, Republicans, Independents, Texas Gov, New, Wall Street Locations: New York City, New York, midtown Manhattan

☆ The wreck of a legendary WWII US submarine has been found at the bottom of the South China Sea
▼ + stars: | 2024-05-24 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewResearchers say they have located the final resting place of one of the most storied vessels of World War II: the USS Harder. Lost 52 is headed by entrepreneur and ocean explorer Tim Taylor, along with diving entrepreneur Christine Dennison. A black-and-white image of the USS Harder on February 1944. The Lost 52 team has previously located at least six other US submarines. Finding the Harder "highlighted the importance of ocean data collection and the significance of underwater robotic technology," Taylor told BI.

Persons: —, Tim Taylor, Christine Dennison, Insider's Elias Chavez, Samuel Dealey, Harder, Samuel J, Cox, Taylor Organizations: Service, Heritage Command, Business, NHHC, Heritage, National Oceanic, Atmospheric Administration Locations: South China, Japan, Philippines, Dasol, Tiburon

☆ This high schooler won $10,000 because he saw a mysterious outbreak killing sea turtles in his Hawaii hometown and decided to do something about it
▼ + stars: | 2024-05-24 | by ( Morgan Mcfall-Johnsen | Ellyn Lapointe | ) www.businessinsider.com time to read: +9 min

He kept seeing green sea turtles with cauliflower-like tumors. And it would just encapsulate the green sea turtles," he said. A green sea turtle afflicted with fibropapillomatosis at the Turtle Hospital in Marathon, Florida in the Florida Keys. Green sea turtles are crucial for the health of reefs worldwide, as they eat algae that would otherwise suffocate the coral. He donned his diving gear and set up motion-sensing underwater cameras to snap photos of green sea turtles.

Persons: —, Maddux Alexander Springer, Springer, fibropapillomatosis, Pablo Cozzaglio, Peggy Scripps, It's, Hugh Gentry, they're, salicornia, Narrissa, Mitchell Pettigrew, that's, he'll Organizations: Service, Business, Turtle Hospital, Getty, National Oceanic, Atmospheric Administration, Google, Springer, Communication, Regeneron, Science, Engineering, Reuters, Hawaii Division, Nature, Hawaii's Department of Health, Honolulu Civil, University of Oregon, Oregon State University Locations: Kāneʻohe, Marathon , Florida, Florida, AFP, Oahu, Hawaii, Kāneʻohe Bay, Kāneʻohe Bay . State, Cavan, Hawaii's, cesspools, Honolulu

☆ Mayor Adams Fills a Key Commission With Allies and Donors
▼ + stars: | 2024-05-22 | by ( Dana Rubinstein | Emma G. Fitzsimmons | ) www.nytimes.com time to read: +1 min

Mayor Eric Adams has long valued loyalty, keeping his allies close as he rose through New York City’s political ranks to become mayor, and rewarding them with top administration jobs. So this week, as the mayor quickly sought to fill out a powerful commission that could reshape city government, possibly for generations to come, he predictably turned to a cadre heavy on loyalists. The roster of the Charter Revision Commission was released on Wednesday, just 24 hours after Mr. Adams announced he was creating one. The move may foil an effort by the New York City Council to exert more control over the mayor’s high-level appointments. And although the announcement came as a surprise, the mayor’s spokesman said the commission has long been in the making.

Persons: Eric Adams, Adams Organizations: New, New York City Council Locations: New York

☆ New York Begins a New Wave of Evictions From Migrant Shelters
▼ + stars: | 2024-05-22 | by ( Luis Ferré-Sadurní | ) www.nytimes.com time to read: +1 min

New York City will begin a new push to evict migrants from its shelter system on Wednesday as the city enters a more aggressive phase in its effort to ease the strain that the migrant crisis has placed on the city’s budget and shelters. The first wave of evictions will affect adult migrants who were given 30-day notices a month ago as part of the city’s push to enforce stricter time limits on shelter stays. Adult migrants who wish to stay longer can receive an extension if the city determines they meet one of several exceptions. As the rules are phased in, they will eventually cover all 15,000 adult migrants that the city is paying to house in an array of hotels, tent dormitories and other buildings. Officials are also seeking to make space for the hundreds of migrants still arriving from the southern border each week.

Persons: Eric Adams Organizations: Democrat Locations: York City

☆ Adams vs. Adams: A Power Struggle in New York City Turns Ugly
▼ + stars: | 2024-05-21 | by ( Dana Rubinstein | ) www.nytimes.com time to read: +1 min

Amid growing public dissatisfaction with Mayor Eric Adams’s job performance, the New York City Council speaker, Adrienne Adams, was about to make a power play. Ms. Adams was preparing to introduce legislation on Thursday that would require the mayor to obtain Council approval on 21 commissioner-level appointments, according to a draft of the bill that the speaker’s office shared with The New York Times. The move would significantly curtail the mayor’s authority by adding a level of Council oversight. It would require a citywide voter referendum, because it proposes to curb the power of the mayor. Only one member was named; other names, the release said, would be forthcoming.

Persons: Eric Adams’s, Adrienne Adams, Adams Organizations: New, New York City Council, The New York Times, Times, Commission Locations: New York City

☆ New York tech workers make $135,000 on average, but can't afford the vast majority of apartments on the market
▼ + stars: | 2024-05-21 | by ( Eliza Relman | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Things are so bad that even tech workers, who make some of the highest salaries of any profession, are feeling the crunch. Entry-level tech workers made an average of $75,262 in 2023, and could only afford 2.1% of studio and one-bedroom rental apartments in the city, StreetEasy found. "If these tech employees can't afford housing, then who can?" But even as New York City has created 800,000 new jobs in the last 10 years, it's only built 200,000 new homes. The average tech worker makes 52% more per year than the average worker in New York City, the StreetEasy report noted.

Persons: StreetEasy, Julie Samuels, Samuels, —, Kenny Lee, Eric Adams, Kathy Hochul, Hochul, Adams Organizations: Service, Apple, Business, Tech, New York City, New York State Department of Labor, York City, New York, Yorkers Locations: New York, Manhattan, York City, San Francisco, New York City, StreetEasy, Yorker, York

An aide to Mayor Eric Adams who served as his longtime liaison to the Turkish community and whose home was searched by the F.B.I. has been cooperating with the corruption investigation into the mayor and his 2021 campaign, according to three people with knowledge of the matter. Originally from Azerbaijan, Ms. Abbasova, 41, had worked for Mr. Adams for about four years in the Brooklyn borough president’s office before he became mayor. agents and federal prosecutors conducting the corruption investigation in the weeks after her home was searched on Nov. 2. On the same day, agents also searched the homes of the mayor’s chief fund-raiser and a former Turkish Airlines executive.

Persons: Eric Adams, Rana Abbasova, Adams’s, Adams, Abbasova Organizations: —, Fire Department, International Affairs, Mr, Turkish Airlines Locations: Turkish, New York, Turkey, Azerbaijan, Brooklyn

Search resuls for: "Eric A"

25 mentions found