DIRS.INFO The most relevant business & tech news

☆ A $14 billion NYC-based hedge fund is trying a different approach to getting people into the office— opening a suburban hub where its traders and managers live
▼ + stars: | 2022-10-19 | by ( Alyson Velati | ) www.businessinsider.com time to read: +4 min

Hedge fund Schonfeld has opened an office in Summit, New Jersey after surveying staff. $14 billion Schonfeld Strategic Advisors is taking a different route from other Wall Street firms to get their employees into the office and to attract talent in the long run. The family-office-turned-hedge fund has been on a growth tear since Ryan Tolkin took over as chief executive at the beginning of 2021. Schonfeld employees are typically in the office three days a week but this can vary across teams. "By accessing a broader talent pool, we will naturally continue to grow in each of these offices," Tolkin, who is also the firm's chief investment officer, told Insider.

"American Horror Story" season 11 premieres October 19 at 10 p.m. You can stream two new episodes of "American Horror Story: NYC" on Hulu every Thursday. Every season of "American Horror Story" focuses on a new plot and cast of characters. Check out the teaser trailer for 'American Horror Story: NYC'Series veterans Denis O'Hare, Leslie Grossman, Billie Lourd, Patti LuPone, Sandra Bernhard, and Zachary Quinto all star in "American Horror Story: NYC." How to watch 'American Horror Story: NYC'You can watch "American Horror Story: NYC" every Wednesday at 10 p.m. ET/PT on FX.

☆ TV host James Corden is briefly banned from NYC restaurant over 'abusive' behavior, owner says
▼ + stars: | 2022-10-18 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

Keith McNally, owner of famed SoHo restaurant Balthazar, said on Instagram that "The Late Late Show" host called him and "apologized profusely." In an earlier post, McNally described Corden as a "tiny Cretin of a man" and said that he "86’d Corden. In an Oct. 9 report cited by McNally, Corden was described as becoming upset over his wife's omelet. "That’s when James Corden began yelling like crazy to the server," the report said, accusing him of telling the server: “You can’t do your job! "After that, everything was fine," the report said, noting that the manager gave Corden promo Champagne glasses to "smooth things out."

Companies Amazon.com Inc FollowOct 18 (Reuters) - Amazon.com Inc (AMZN.O) must face a claim that it failed to protect New York City warehouse workers and their families from COVID-19, a U.S. appeals court ruled on Tuesday while dismissing the bulk of a 2020 lawsuit. Circuit Court of Appeals in New York reversed a federal judge's ruling that said only the U.S. Occupational Safety and Health Administration (OSHA) had the power to review complaints about Amazon's workplace safety practices. The case involves workers at an Amazon warehouse in Staten Island that earlier this year became the company's first unionized facility. The outcome of Amazon's fourth union election this year, at a warehouse near Albany, New York, is expected as early as Tuesday. Register now for FREE unlimited access to Reuters.com RegisterReporting by Daniel Wiessner in Albany, New York; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ A recession is looming, but for JPMorgan's Jamie Dimon all signs point toward business as usual when it comes to hiring and tech spend
▼ + stars: | 2022-10-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

But first, how did those bank earnings go? JPMorgan's Jamie Dimon. Before we kick things off, let's give a quick recap on the state of play with bank earnings. And for JPMorgan's Jamie Dimon, the message was largely one of confidence. The plans JPMorgan laid out in May around its tech spend were "pretty much on track," Dimon said.

☆ Man pays $1,100 a month for 95-square-foot NYC apartment with NO toilet
▼ + stars: | 2022-10-16 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Alex Verhaeg, 23, pays $1,100 monthly for a 95-square-foot apartment in Manhattan's East Village. Randazzo's tiny apartment - 80 square feet - includes a tiny kitchen with a two-burner cooktop, mini fridge, microwave, and a sink. Most viewers were both shocked and impressed by how she maximized the small space. Like Verhaeg, Webber shares a bathroom with neighbors living on the same floor. Verhaeg found his tiny apartment on Zillow in 2020, but he didn't see it in person until it was time to move in.

☆ Netanyahu appealed to Trump's love of golf and used NYC maps to turn the president against Palestinians, new memoir says
▼ + stars: | 2022-10-15 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Benjamin Netanyahu described the techniques sued to turn Donald Trump against Palestinians in his new memoir. "It showed the distance from Tel Aviv to the 1967 lines to which the Palestinians demanded we retreat," Netanyahu wrote, per The Guardian. Netanyahu wrote that the two distances "were identical." Per The Guardian, Netanyahu recalled Dermer telling Trump: "Peace with the Emirates is a five-foot putt. At a joint press conference with Trump, Netanyahu praised it as "the deal of the century."

☆ The female venture capitalist creating billions in a new world of work beyond the office
▼ + stars: | 2022-10-15 | by ( Rebecca Fannin | ) www.cnbc.com time to read: +11 min

Worklife Ventures holds weekly meetings for its portfolio company founders to seek advice from successful Silicon Valley operators. You have to have an eye out for people and for new tools," Kimmel said. Worklife Ventures is betting on good returns from its 50 investments in startups, and with nine of them as unicorns, the stakes are high. With venture funds typically having a 10-year life cycle before investment returns are tallied, Worklife Ventures still has a ways to go. Join us October 25 - 26, 2022 for the CNBC Work Summit — Dislocation, Negotiation, and Determination: The World of Work Right Now.

☆ Inside a 95-square-foot NYC apartment renting for $1,100/month
▼ + stars: | 2022-10-15 | by ( Mickey Todiwala | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInside a 95-square-foot NYC apartment renting for $1,100/monthAlex Verhaeg, 23, lives in a tiny 95-square-foot apartment located in NYC's East Village. He pays $1,100/month in rent. Alex believes he has a pretty good deal because he doesn't have to live with roommates. However, there are some drawbacks: Since the space is so small, he has to sleep diagonally. Unlocked is a new home tour series focused on how much people across the U.S. spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

☆ Equifax fired at least two dozen employees after it used its own tool to suss out if workers had a second job
▼ + stars: | 2022-10-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Four of the big six US banks (JPMorgan, Morgan Stanley, Citigroup, and Wells Fargo) all report their Q3 earnings today. Our friends over at Markets Insider will have the immediate reaction to all the revenue numbers as they're posted. That's clearly the message at Equifax, which fired at least 24 workers for secretly having second jobs, Insider reported Thursday. "I'm not sure how Equifax can be trusted with data when it uses it to spy on its own employees," an Equifax employee told Insider. Read our full story on how Equifax used its own tool to figure out if employees were working second jobs.

NewFest, New York’s premier LGBTQ film festival, returns for its 34th annual celebration of queer media. While there are many must-see films at this year’s festival, here are a five to add to your watch list. The film stars Emmy-nominated actor Jeremy Pope (“Hollywood”) as a young gay man who joins the Marines after a decade living on the streets. Previously, Bratton translated his experiences into documentaries about LGBTQ subjects, including 2019’s “Pier Kids,” about queer and transgender youths living at Manhattan’s Christopher Street Pier. The film’s stars include Flaherty, Wyatt Fenner, Joey Taranto and Kiyon Spencer.

☆ Some Big Tech firms were the top landing spot for recent Goldman Sachs tech departures, and it could be an early sign of the changing tides in the war for talent
▼ + stars: | 2022-10-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

But first, the latest installment in Wall Street's war for tech talent. Big Tech wants its engineers back. In the ongoing war for top engineering talent, Big Tech has landed the latest blow against one of Wall Street's most powerful firms. Read more about the top firms scooping up recent Goldman departures, and how it could be representative of the larger issues Wall Street faces when trying to attract tech talent. Robo-advisor Betterment just launched customized crypto portfolios, the Wall Street Journal reports.

☆ Hollister Lets Teens Send Their Online Carts to Parents for Checkout
▼ + stars: | 2022-10-11 | by ( Katie Deighton | ) www.wsj.com time to read: +5 min

Hollister Co., the Abercrombie & Fitch Co. retailer popular among teens, is rolling out a new system that lets shoppers pass their carts to someone else for payment. “There was a lot of lost sales on the table,” said Samir Desai, chief digital and technology officer at Abercrombie & Fitch Co. The Share2Pay system will initially only be available to customers in the U.S. and U.K. using the Hollister app. It lets shoppers send their shopping carts to the ultimate buyer via text message in lieu of a traditional checkout mechanism. Shoppers using the Share2Pay system can send their baskets to their designated buyers along with a note.

☆ NYC hospitals to pay $165M to women abused by gynecologist
▼ + stars: | 2022-10-09 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

NEW YORK — Two New York hospitals have agreed to pay more than $165 million to 147 former patients who have accused a former gynecologist of sexual abuse and misconduct. Last year, the two hospitals reached a settlement to establish a $71 million compensation fund with 79 of Hadden’s former patients. He currently awaits trial on separate federal charges of sexually abusing dozens of young and unsuspecting female patients for over two decades. Among Hadden’s accusers was Evelyn Yang, the wife of the former presidential candidate and New York City mayoral candidate Andrew Yang. Kathy Hochul in May will offer an avenue for what she called “countless other Hadden survivors.” The act opened a one-year window for sexual abuse claims that would otherwise have been time-barred under law.

☆ I talked to 70 parents who raised highly successful adults—here are 4 'extreme' things they did that made their kids confident
▼ + stars: | 2022-10-01 | by ( Margot Machol Bisnow | ) www.cnbc.com time to read: +3 min

When writing my book, "Raising an Entrepreneur," I asked 70 parents who raised highly successful adults about the most extreme things they did that helped make their kids brave and confident:1. Tania Yuki is the founder and CEO of Shareablee, a company that analyzes the impact of businesses' social media platforms. If she breaks anything, I’ll pay for it!” “At that moment, I knew my parents would always trust me," Tania told me. The parents I interviewed all agreed: The sooner kids are given big responsibilities, the more confident and independent they'll become. But these parents all trusted their kids to make choices about how they spent their time.

☆ A member of the billionaire Safra family who owns the Encyclopedia Britannica might be about to lose his $204 million Napa Valley vineyard after defaulting on a loan
▼ + stars: | 2022-09-30 | by ( Jack Newsham | ) www.businessinsider.com time to read: +4 min

But one of his top holdings — Spring Mountain Vineyard, valued at $204 million — could be seized. But that may not stop a private lender from grabbing a prized California vineyard owned by Jacob E. "Jaqui" Safra, a colorful investor and member of the family who lives in Switzerland. With interest accruing at 16%, as of late July, the balance on the loan is $192 million, Safra's lawyer Marc Kasowitz said in court papers. Atmosphere at Live In The Vineyard on Day 1 at Spring Mountain Vineyard for music, food and wine on November 6, 2014 in St Helena, California. "Applicant seeks to restrain defendants from exercising their rights…with respect to a California vineyard," he wrote.

☆ A wave of restaurant operators and high-profile chains like Chipotle and Burger King are investing millions in innovation amid a slowdown in food-tech funding. Here are 10 investing in ghost kitchens,
▼ + stars: | 2022-09-29 | by ( Nancy Luna | ) www.businessinsider.com time to read: +10 min

"My dad says I'm taking the joy out of a restaurant," Frischling said. "If this industry doesn't keep up, we're not going to have so many restaurants," Frischling told Insider. Frischling is part of a wave of restaurant operators and high-profile chains investing millions in the industry's future. Over the years, Chipotle, Inspire Brands, and Restaurant Brands International — the owner of Burger King and Popeyes — have invested in autonomous-delivery vehicles, ghost kitchens, and digital-ordering software. IGC HospitalityThe New York restaurant company, also known as In Good Company Hospitality Group, invested in the restaurant-tech firm MarginEdge in 2021, according to PitchBook.

☆ From DeSantis to Trump, last week defined Republican Party in 2022
▼ + stars: | 2022-09-27 | by ( Kurt Bardella | Kurt Bardella Is An Adviser To The Democratic Congressional Campaign Committee | A Member Of The Korean Americans For Political Action Board Of Advisers. He Is A Former Spokesperson | ) www.nbcnews.com time to read: +6 min

Ron DeSantis, using human beings as political props for a craven publicity stunt designed to stoke right-wing outrage toward migrants. Then, the current Republican Party standard-bearer found himself in even more legal hot water after the New York attorney general's lawsuit alleging Trump and his eldest children committed fraud. During climate week, Democratic Govs. The GOP has had other bad weeks in the past — and so has the Democratic Party. I left the ranks of the Republican Party because I was worried it had fundamentally lost its way.

☆ The 12 most prestigious private preschools in New York City — and how to get in
▼ + stars: | 2022-09-27 | by ( Robin Madell | ) www.businessinsider.com time to read: +5 min

The private preschool landscape in New York City is arguably the most competitive in the nation. Education consultants Wendy Levey and Cindy Chanin selected the 12 most prestigious in the city. New York City has arguably one of the most competitive landscapes for private preschools in the nation. Why parents fight for a spot knowing the odds often comes down to reputation — maybe celebrities or well-known business leaders bring their kids there, or, possibly more importantly, the preschool's notorious for landing its graduates spots at the most prestigious private schools in the city. Levey and Chanin selected 12 preschools in Manhattan and Brooklyn that, in their experience, are the most prestigious programs around.

☆ The average starter home in New York City has shrunk to the size of four parking spots
▼ + stars: | 2022-09-24 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

The cost of an average starter home in New York City ranges from $400,000 to $800,000, according to StreetEasy. Starter homes in NYC have shrunk by 9% in the last three years, the real estate marketplace found. The median square footage for a Manhattan home is now equal to that of four-and-a-half parking spots. The New York City housing market is notorious for buyers willing to pay more for less, but the size of a typical Manhattan starter home in is only getting smaller. Although first-time residences in Queens and the Bronx have shrunk the most, Manhattan homes remain the smallest.

☆ Drastic pay inequities persist for Black and Latino NYC workers, especially women
▼ + stars: | 2022-09-23 | by ( Zachary Schermele | ) www.nbcnews.com time to read: +3 min

A new pay equity report from the New York City Council shows “persistent, large pay gaps” in the city’s municipal workforce, particularly among Black, Latino and white employees — a divide that gets worse when comparing men and women workers. Black city employees make just 71 cents on average for every dollar made by their white counterparts, according to the report, which was released Thursday. For Black women and Latinas, the gap is even larger, dropping to 69 cents for every dollar made by white male employees. On the whole, female city employees make 73 cents for every male dollar. Pay equity reports are mandated by a New York City law passed in 2019 that aimed to “find and eliminate” wage gaps in public employment.

☆ The climate crisis and the energy transition are exacerbating inequality, putting those least responsible in the worst position
▼ + stars: | 2022-09-23 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Leaders gathered for the United Nations General Assembly and Climate Week focused on inequality. The climate crisis and the energy transition are widening disparities, leaders said. Rich countries must meet pledges to help those least responsible for the crisis, advocates say. These regions combined have contributed less than 1% of historical carbon-dioxide emissions yet are bearing the brunt of climate impacts. Meanwhile, Europe is in the midst of an energy crisis because Russian President Vladimir Putin has scaled back natural-gas supplies to retaliate against Western sanctions.

The arrival of thousands of migrants in New York, Washington, Chicago and beyond has sent officials in those cities scrambling to establish a system of support services, with mixed success. The Office of Migrant Services in Washington, D.C., will offer urgent medical care and connection to resettlement services. Phillips said migrants have been calling volunteer groups in the city “constantly” with problems, leaving volunteers in rapid-response mode. Mental health services are lackingStill, Enriquez said, there is a major hole in that care: mental health services. Mental health screenings are also part of the initial medical checkups at city health centers, Jochum said.

☆ Body parts found stuffed in suitcases during wellness check on NYC woman, police say
▼ + stars: | 2022-09-22 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: 1 min

A wellness check for a 22-year-old woman in New York City reportedly led to a grisly discovery: blood, human remains and body parts stuffed into suitcases, police said. The New York City Police Department was called to an apartment complex in the 300 block of Linwood Street in East New York around 1:30 p.m. Wednesday to conduct the check. When officers arrived to the woman’s sixth-floor apartment, they found two suitcases containing human remains, police said. However, it’s not clear if the victim’s entire body was accounted for. It’s also not clear if the remains belong to the woman subject of the wellness check.

My dad had many creative ways to save money, including zig-zagging all over NYC to avoid road tolls. Growing up, I learned the value of money from him, and I've applied his lessons over and over. When I wanted to buy a house, I slashed my spending and took on side gigs to save a down payment. Following in my father's careful footsteps has allowed me to afford two homes and a new car, all on a teacher's salary. I love to travel and, as a teacher, I'm able to take advantage of summers off.

Search resuls for: "NYC

25 mentions found