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☆ NYPD plan heightened marathon security, citing global tensions
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

Rollers and paint are pictured after the New York Marathon ceremonial finish line painting in Central Park in the Manhattan borough of New York City, New York, U.S., November 3, 2021. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsNEW YORK, Nov 1 (Reuters) - Local law enforcement will implement heightened security measures for Sunday's New York City Marathon due to a rise in tensions around the globe, officials said on Wednesday. "As tensions rise around the globe, there is a growing concern over the impact it will have here at home," said Caban. Police in New York City adopted a "heightened" security footing for Halloween this week, as other large U.S. cities were also on alert, a time of tension over the Israel-Palestinian conflict. City officials mounted a super-sized surveillance and law enforcement effort for the 2013 race, which took place months after the Boston Marathon bombings, while the 2016 edition also featured increased security.

Persons: Carlo Allegri, Edward Caban, Rebecca Weiner, Aleksandra Michalska, Amy Tennery Organizations: New York Marathon, REUTERS, Sunday's New, New York Police Department, Police, NYPD, Boston Marathon, Thomson Locations: Central Park, Manhattan, New York City , New York, U.S, Sunday's New York, New York City, Israel, New York

☆ Dutch regulator disputes Apple's commissions in dating app case
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. Although the case is limited to dating apps in the Netherlands, it is seen as having potential to set a precedent for other markets. Apple did agreed to make changes to the app store including opening it to alternative forms of payment for dating apps in the Netherlands. In February 2022 Apple cut commissions for dating app makers in the Netherlands to 27% from 30%. "Apple ... harms dating app providers by charging them an additional, and inexplicably higher, fee for the same services" it does other types of app makers, it said in the document.

Persons: Mike Segar, Foo Yun Chee, Toby Sterling, David Gregorio Our Organizations: Apple, REUTERS, Apple Inc, U.S ., Reuters, Bloomberg, Authority for Consumers and Markets, Rotterdam Court, ACM, Thomson Locations: Manhattan, New York City, Netherlands, U.S, Rotterdam

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. Trump faces similar lawsuits brought by advocacy groups in Michigan and Minnesota, but the Colorado case is the first to go to trial. His opponents hope to deny Trump a path to victory by disqualifying him in enough hotly-contested states, but many legal experts call the strategy a long shot. Trump faces several legal cases as he campaigns for the presidency. A civil fraud trial in a lawsuit by New York state against Trump and his family company is in its fourth week.

Persons: Donald Trump, Trump, Joe Biden's, Biden, disqualifying, Sarah Wallace, Jack Queen, Amy Stevens, Grant McCool Organizations: U.S, Trump Organization, Court, REUTERS, Capitol, Trump, Republican, Supreme, Constitution, Colorado, Thomson Locations: New York, Manhattan, New York City, U.S, Colorado, Denver, U.S ., Michigan, Minnesota, Washington

☆ Analysis: Three years after DirectBooks, US bond market still phoning it in
▼ + stars: | 2023-10-30 | by ( Shankar Ramakrishnan | Thomson Reuters | Shankar Ramakrishnan Has Nearly Years Of Financial Journalism Experience In Writing | ) www.reuters.com time to read: +6 min

There is also some concern about job losses and loss of market access by smaller banks. Changing an organization's behavior is difficult and takes sustained effort, said DirectBooks CEO Rich Kerschner. Interest in automation grew as desks struggled with corporate bond volumes that touched a record $1.78 trillion in 2020. Three years into it, only a small proportion of orders and allocation messages for a new bond were going through DirectBooks. Once in place, hundreds of investors using OMS platforms could send their order messages and receive allocation messages through DirectBooks, said Kerschner.

Persons: Carlo Allegri, Rich Kerschner, Spencer Lee, salespeople, Daniel Botoff, Goldman Sachs, Morgan Stanley, DirectBooks, Chris Sztam, BlackRock's Aladdin, RBC's Botoff, Shankar Ramakrishnan, Anna Driver Organizations: New York Stock, REUTERS, Bloomberg, underwriters, RBC Capital Markets, Bank of America, Barclays, BNP, Citi, Deutsche Bank, JPMorgan, P Global Market Intelligence, Development, Thomson Locations: Manhattan, New York City , New York, U.S, Wells, DirectBooks, Charles

☆ New Yorkers Need To Quit Shopping Online - The New York Times
▼ + stars: | 2023-10-29 | by ( Sonja Anderson | ) www.nytimes.com time to read: +3 min

For a while, the pandemic was a valid excuse for buying online. To avoid spreading the virus, housebound Americans inflamed their long-growing dependency on e-commerce, with online sales increasing by 43 percent in 2020. Now, New York, like everywhere else, has moved on from social distancing: Subway ridership is up and mostly unmasked, and tourism’s certainly back. The next big thing in New York delivery is the extra-large commercial cargo bike. If we want to do better for the environment, we shouldn’t be taking steps to enable more e-commerce, but instead considering how much we could help ourselves by not buying online.

Persons: tourism’s, Mark Levine, It’s Locations: , New York, Manhattan, New York

☆ NYC's famous Flatiron Building will be converted into luxury residences after sitting empty for years
▼ + stars: | 2023-10-28 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

The iconic Flatiron Building will be converted from empty offices into luxury residences. The iconic Flatiron Building will be converted from empty offices into luxury residences, the owners announced this week. The Brodsky Organization, a residential real estate developer, bought a stake in the Flatiron building this month and will lead the conversion process, which will include moving the staircases and elevators. The Flatiron Building's redevelopment will be one of New York's most high-profile commercial-to-residential building conversion projects, something that's become a central part of the city's efforts to build more housing. The area — between 23rd and 40th streets and Fifth and Eighth Avenues — is just north of the Flatiron building.

Persons: —, It's, Jeff Gural, Brodsky, Louise Penny, Mark Levine, that's, Eric Adams, Dan Garodnick, Biden Organizations: Service, Macmillan Publishers, Broadway, New York Times, Brodsky Organization, New, New York State, Eighth, New York City's Department of City Planning Locations: Manhattan, New York, hasn't

☆ US judge asks Trump if he wants his federal election trial televised
▼ + stars: | 2023-10-27 | by ( Andrew Goudsward | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. REUTERS/Jeenah Moon/File Photo Acquire Licensing RightsWASHINGTON, Oct 27 (Reuters) - A U.S. judge on Friday asked former President Donald Trump whether he wants to appear on television when he stands trial in federal court on charges of attempting to overturn his 2020 election defeat. Trump has made extensive comments to TV cameras staked outside a New York state courtroom, where he is currently standing trial on civil business-fraud charges. Federal courts, unlike many state courts, bar TV cameras and photography in courtrooms. Proceedings in a separate criminal election-subversion case in Georgia involving Trump and more than a dozen other defendants have been televised.

Persons: Donald Trump, Tanya Chutkan, Trump’s, John Lauro, Lauro, Trump, Andrew Goudsward, Andy Sullivan, Jonathan Oatis Organizations: U.S, Trump Organization, Court, REUTERS, Rights, NBC, Prosecutors, CNN, Reuters, Republican, Federal, Trump, Thomson Locations: New York, Manhattan, New York City, U.S, Washington, Georgia

☆ Abandoned golf courses are being reclaimed by nature
▼ + stars: | 2023-10-27 | by ( Nell Lewis | ) edition.cnn.com time to read: +9 min

CNN —Golf courses, despite occupying large green spaces, are not necessarily good for the environment. Santa Barbara's Ocean Meadows golf course has been returned to its wetland state, which doubles as a flood defense for the city. Rivers and streams are often diverted or altered to make way for a golf course, but conservationists want them to flow freely. In other areas of the country, local councils are repurposing unprofitable municipal golf courses to create more natural spaces. A golf course turned nature reserve, Yalukit Willam can now be enjoyed by the Melbourne residents.

Persons: ”, Guillermo Rodriguez, “, ” California's, Larsen, Rodriguez, TPL, Public Land Rodriguez, Mike Johnson, Frodsham, Michael Owen, “ It’s, Neil Oxley, Boon Organizations: CNN, The Trust, Public, Trust, Public Land, San, Rancho Cañada, Summit Metro Parks, Wildlife, Liverpool, Woodland Trust, Hull, Derbyshire Wildlife Trust, Hove City Council, Bayside City Council Locations: California, ” California's San Geronimo, San Geronimo , California, San Geronimo, California’s Marin County, Meadows , California, Santa Barbara, Meadows, Santa, Cañada , California, Monterey, Carmel, Ventana, Fort Ord, Rivers, Valley , Ohio, Akron , Ohio, Ohio’s, Cheshire, Liverpool, Erewash Borough, Brighton, Willam, Australia, Melbourne, Elwood, Bayside

☆ Donald Trump is set to testify Nov. 6 in civil fraud trial. Daughter Ivanka also will testify
▼ + stars: | 2023-10-27 | by ( ) www.cnbc.com time to read: +1 min

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, October 25, 2023. Donald Trump is set to testify Nov. 6 at his New York civil fraud trial, following his three eldest children to the witness stand in a case that threatens to disrupt their family's real estate empire, state lawyers said Friday. It was already expected that the former president and sons Donald Jr. and Eric would testify. The case could strip Trump of some of his corporate holdings and marquee properties such as Trump Tower. In a surprise preview, Donald Trump ended up briefly testifying Wednesday to answer Engoron's questions about whether an out-of-court comment was aimed at his law clerk.

Persons: Donald Trump, Donald Jr, Eric, Judge Arthur Engoron, Ivanka Trump, Letitia James, Trump, Engoron Organizations: U.S, Trump Organization, Court, New York, Republican, Trump Locations: New York, Manhattan, New York City, York

☆ Judge keeps Donald Trump's $10,000 gag order fine amid civil fraud trial
▼ + stars: | 2023-10-26 | by ( Jack Queen | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. REUTERS/Jeenah Moon Acquire Licensing RightsOct 26 (Reuters) - A New York judge on Thursday reconsidered but ultimately stood by his decision to fine Donald Trump $10,000 for violating a gag order barring the former U.S. president from speaking publicly about court staff during his civil fraud trial. Engoron had agreed to reconsider on Thursday after a lawyer for Trump argued that the offending statement was not directed at his clerk. It is standard practice in New York state court for clerks to sit next to judges, with the witness box on the other side. He had fined Trump $5,000 on Oct. 20 after a screenshot of the since-deleted post remained visible on Trump’s campaign site for weeks.

Persons: Donald Trump, Arthur Engoron, Engoron, Trump, Joe Biden, Letitia James, Michael Cohen, Cohen, Jack Queen, Nick Zieminski Organizations: U.S, Trump Organization, Court, REUTERS, Trump, Republican, Democratic, Democratic New York, Thomson Locations: New York, Manhattan, New York City, U.S, York

☆ Hershey tops quarterly estimates boosted by higher candy prices
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

[1/2] Hershey's chocolates are pictured for sale on a store shelf in the Manhattan borough of New York City, New York, U.S. July 19, 2017. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsOct 26 (Reuters) - Hershey (HSY.N) beat Wall Street expectations for quarterly sales and profit on Thursday, riding on benefits from higher prices of its chocolates and candies at a time when demand has slowed. Overall organic prices rose by 9.8% in the third quarter, while organic volumes increased by only 0.9%. Hershey's net sales rose to $3.03 billion in the quarter ended Oct. 1 from $2.73 billion a year earlier. The company also reaffirmed its annual profit forecast of $9.46 to $9.54 per share and sales expectations for an 8% rise.

Persons: Carlo Allegri, Hershey, Michele Buck, Ananya Mariam Rajesh, Milla Nissi Organizations: REUTERS, Hershey, Thomson Locations: Manhattan, New York City , New York, U.S, Russia, Ukraine, Bengaluru

☆ Trump attacks judge in NY fraud case who fined him $15,000
▼ + stars: | 2023-10-26 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. In that case, Trump is prohibited from publicly targeting Smith or potential witnesses, both of whom he has frequently referenced online and on the campaign trail. "He is a judge that found me GUILTY before the trial even started," Trump said of Engoron in his social media screed Thursday. Engoron fined Trump $5,000 in that instance and warned him that future violations would yield more severe sanctions, potentially including imprisonment. Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, October 25, 2023.

Persons: Donald Trump, Trump's, Arthur Engoron, Trump, Jack Smith's, Joe Biden, Smith, Mark Meadows, Engoron, Judge Arthur F, Jane Rosenberg, Letitia James, Michael Cohen, James, Allison Greenfield Organizations: U.S, Trump Organization, Court, Reuters, Trump, White House, New, Former U.S, TRUMP, New York, New York Times, Democrat Locations: New York, Manhattan, New York City, U.S, York

Companies Trump Organization Inc FollowNEW YORK, Oct 24 (Reuters) - Donald Trump's former lawyer and fixer Michael Cohen testified on Tuesday that he manipulated the values of the former U.S. president's real estate properties to match "whatever number Mr. Trump told us." Testifying as a key witness in New York Attorney General Letitia James' civil fraud case against Trump, Cohen said Trump tasked him and other former Trump Organization executives with doctoring financial statements to boost the value of the company's holdings and secure better real estate premiums. Speaking to reporters outside the courtroom when the trial ended for the day, Trump called Cohen a "disgraceful fellow." During about a half hour of cross-examination on Tuesday, Cohen - a disbarred lawyer - rattled off case law to support an objection by the attorney general to a question by Trump lawyer Alina Habba. James is seeking at least $250 million in fines, a permanent ban against Trump and his sons Donald Jr and Eric from running businesses in New York and a five-year commercial real estate ban against Trump and the Trump Organization.

Persons: Donald Trump's, Michael Cohen, Trump, Letitia James, Cohen, I'm, intently, Allen Weisselberg, James, Donald, COHEN, Colleen Faherty, Alina Habba, Nixon, Richard Nixon, Arthur Engoron, Engoron, Donald Jr, Eric, Jack Queen, Luc Cohen, Noeleen Walder, Nick Zieminski, Lisa Shumaker, Rod Nickel Organizations: Companies Trump Organization, Trump, Trump Organization, Democrat, Court, REUTERS, Supreme, Thomson Locations: U.S, New, New York, Manhattan, New York City, Russia, United States

☆ Consumer Reports finds more lead, cadmium in chocolate, urges change at Hershey
▼ + stars: | 2023-10-25 | by ( Jonathan Stempel | ) www.reuters.com time to read: +3 min

Hershey's chocolates are pictured for sale on a store shelf in the Manhattan borough of New York City, New York, U.S. July 19, 2017. The magazine said 16 of the 48 chocolate products from various makers that its scientists tested recently in seven categories - dark chocolate, milk chocolate, cocoa powder, chocolate chips, and mixes for brownies, chocolate cake and hot chocolate - contained potentially harmful levels of lead, cadmium or both. The Consumer Reports testing followed its findings last December that 23 of 28 tested dark chocolate bars contained excessive lead or cadmium, including Hershey products sold under its own brand and the Lily's and Scharffen Berger brands. The magazine is again petitioning Hershey to reduce heavy metals in its chocolate. Consumer Reports food policy director Brian Ronholm said Hershey, as a "leading and popular brand," should commit to eliminating "dangerous levels" of heavy metals from its chocolate products, making them safer for consumers.

Persons: Carlo Allegri, Joe's, Scharffen Berger, Hershey, Brian Ronholm, Steve Voskuil, Voskuil, Christopher Gindlesperger, Jonathan Stempel, Bill Berkrot Organizations: REUTERS, Rights, Hershey Co, Nestle, Starbucks, YORK, Hershey, Consumer, Walmart, Target, National Confectioners Association, Thomson Locations: Manhattan, New York City , New York, U.S, New York

☆ Trump aims to discredit Michael Cohen as ex-lawyer testifies in New York fraud trial
▼ + stars: | 2023-10-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Trump doubled down Wednesday during a mid-morning break, saying Cohen "went to jail for lying" and branding him "a totally discredited witness." In his first day on the stand, Cohen had accused Trump of directing him and another Trump Organization executive to falsely inflate the values of his assets on financial statements. But Trump's attorney Alina Habba grilled Cohen on cross-examination, highlighting his 2018 guilty plea on charges including lying to Congress. Cohen, Trump's once-loyal aide, is now a star witness against him in James' trial in Manhattan Supreme Court. Judge Arthur Engoron, who will deliver verdicts in the no-jury trial, has already found Trump liable for fraud and ordered the cancellation of the defendants' New York business certificates.

Persons: Donald Trump, Michael Cohen, Judge Arthur F, Trump, Cohen, Letitia James, James, I'm, Alina Habba, Habba, needling Cohen, Trump . Cohen, Trump's, Judge Arthur Engoron Organizations: U.S, Trump Organization, Court, Trump, New York, Trump ., New Locations: New York, Manhattan, New York City, Russia, York

☆ ACLU says Trump gag order in DC election interference case violates First Amendment
▼ + stars: | 2023-10-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, October 25, 2023. The American Civil Liberties Union argued Wednesday that the gag order slapped on former President Donald Trump in his federal election interference case violates the U.S. Constitution. The ACLU, a frequent and vocal critic of Trump that applauded his criminal indictment in the federal case in Washington, D.C., said that the restrictions placed on his speech run afoul of the First Amendment. "No modern-day president did more damage to civil liberties and civil rights than President Trump," said the group's executive director, Anthony Romero, in a press release. "But if we allow his free speech rights to be abridged, we know that other unpopular voices — even ones we agree with — will also be silenced," Romero said.

Persons: Donald Trump, Trump, Anthony Romero, —, Romero, Donald Trump's, Tanya Chutkan, Jack Smith's, Joe Biden Organizations: U.S, Trump Organization, Court, American Civil Liberties Union, . Constitution, ACLU, Washington , D.C, Trump Locations: New York, Manhattan, New York City, ., Washington ,

☆ 'Spider-Man 2' reveals Peter Parker's mortgage rate, so I asked brokers if he got a good deal in the new PS5 game
▼ + stars: | 2023-10-25 | by ( Paul Squire | ) www.businessinsider.com time to read: +5 min

In the new "Spider-Man 2" Playstation 5 game, the mortgage on Aunt May's house is revealed. Fans online are losing their minds over the eye-watering sum, but is our favorite web-slinging superhero's mortgage loan really that bad? During one scene in the new video game, Parker and his flame, MJ Watson, return to Aunt May's house in Forest Hills. AdvertisementAdvertisementThe game's developer, Insomniac, thankfully gave us a hand in figuring out what kind of loan Peter is facing. Angelo Gionis, senior vice president at Contour Mortgage, told Insider that while he wouldn't say it was a super deal, Spider-Man's mortgage was fair — if it was actually a second mortgage Aunt May took out.

Persons: Peter Parker, May's, —, Parker, MJ Watson, Aunt May's, Peter, Aunt May, Rafael Reyes, Reyes, Angelo Gionis, Gionis, there's Organizations: realtors, Service, New, Cross Country Mortgage, Contour Mortgage, Reserve Locations: NYC, Queens, New York City, Forest Hills

☆ Homebuyers must earn more than $400,000 to afford a home in the 2 priciest metro areas — and New York isn’t one of them
▼ + stars: | 2023-10-25 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

"The Bay Area has consistently been one of the most expensive markets in the country," said Daryl Fairweather, chief economist at Redfin. Why the New York metro area is low on the listMidtown Manhattan, New York, as seen from Hoboken, New Jersey. That's because the metro area goes beyond Manhattan and the city's four other boroughs, extending into nearby counties. "Even though Manhattan is really expensive, once you get to the outlying areas [in] the New York metro area, it actually becomes quite affordable," said Fairweather. Interested homebuyers in the region still need to earn six figures annually to afford a home, about $197,734, Redfin estimates.

Persons: Thomas Barwick, San, Daryl Fairweather, Gary Hershorn, Fairweather Organizations: Area, Redfin, California metros, San Diego —, New, Midtown, Corbis, Council for Community Locations: Getty, San Francisco, San Jose , California, California, Anaheim, Oakland, San Diego, New York, Midtown Manhattan , New York, Hoboken , New Jersey, Manhattan, U.S

[1/2] Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 24, 2023. Cohen, who cut ties with Trump five years ago, will undergo more cross-examination by Trump's lawyers determined to undermine his credibility. Cohen testified on Tuesday that Trump "arbitrarily" inflated the value of the Trump Organization's real estate assets to secure favorable insurance premiums. James is seeking at least $250 million in fines, a permanent ban against Trump and his sons Donald Jr and Eric from running businesses in New York and a five-year commercial real estate ban against Trump and the Trump Organization. Reporting by Jack Queen and Luc Cohen in New York; Editing by Noeleen Walder and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Donald Trump, Mike Segar, Michael Cohen, Cohen, Trump, Letitia James, Alina Habba, Arthur Engoron, James, Donald Jr, Eric, Engoron, Jack Queen, Luc Cohen, Noeleen Walder, Bill Berkrot Organizations: U.S, Trump Organization, Court, REUTERS, Trump, New, Thomson Locations: New York, Manhattan, New York City, U.S, Russia

☆ Apple raises subscription prices for TV+, News+
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

[1/2] An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File Photo Acquire Licensing RightsOct 25 (Reuters) - Apple (AAPL.O) on Wednesday increased the subscription prices of Apple TV+ and Apple News+, according to its website, the latest company to raise rates following similar moves by media giants. The per month price of Apple TV+ has been increased by $3 to $9.99, while Apple News+ has been priced at $12.99, up from $9.99. Recently, streaming giants Netflix (NFLX.O) and Disney (DIS.N) too had raised their prices as they look to boost growth amid intense competition. Netflix increased subscription prices for some streaming plans in the United States, Britain and France when it reported results last week.

Persons: Mike Segar, Anirudh Saligrama, Shweta Agarwal Organizations: Apple, REUTERS, Netflix, Disney, Hulu, Thomson Locations: Manhattan, New York City, United States, Britain, France, Bengaluru

☆ New York City has lost 100,000 apartments because people in rich neighborhoods keep combining units
▼ + stars: | 2023-10-24 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com time to read: +4 min

New York City is facing down a housing shortage, all while some apartments disappear. Around 50,000 multi-family row houses have been consolidated to become one- or two-family homes. Combining apartments isn't necessarily a bad thing, but is concerning during a housing shortage. AdvertisementAdvertisementNew York City, famed for its residents stacked upon each other, is actually quietly losing density in some places — and you can blame people expanding their apartments. AdvertisementAdvertisementSome developers are aiming to ameliorate both the housing shortage and post-pandemic glut of office space in the city.

Persons: —, preservationist Adam Brodheim, I'm, Brodheim, Matthew Pietrus, Eric Adams Organizations: Service, New York Times, Big Apple, — Locations: York City, New York City, The City, New, New York, Manhattan

☆ Apple to hold special event on Oct. 30 dubbed 'Scary Fast'
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: 1 min

An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File Photo Acquire Licensing RightsOct 24 (Reuters) - IPhone maker Apple (AAPL.O) said on Tuesday it will hold a special event named "Scary Fast" on Oct. 30. The company will hold the event at 5 pm Pacific Time (8 pm EST), a departure from its usual morning events. In June, Apple launched a larger MacBook Air with the new M2 chip at a price of $1,299, a year after the company upgraded the 13-inch MacBook Air with the same processor. Reporting by Akash Sriram in Bengaluru and Stephen Nellis in San Francisco; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Segar, Akash Sriram, Stephen Nellis, Krishna Chandra Organizations: Apple, REUTERS, Media, Air, Thomson Locations: Manhattan, New York City, Bengaluru, San Francisco

☆ Michael Cohen to face ex-boss Trump in testimony at New York fraud trial
▼ + stars: | 2023-10-24 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Michael Cohen, the former personal lawyer and fixer for Donald Trump, is set to begin testifying Tuesday in the $250 million fraud trial of the former president and his company. Judge Arthur Engoron, who will deliver verdicts in the no-jury trial, has already found Trump liable for fraud and ordered the cancellation of the defendants' New York business certificates. Trump was in court for two days last week, when Cohen was first expected to be called to testify. Engoron imposed a narrow gag order on Trump earlier this month, after Trump attacked the judge's law clerk. The gag order prohibits Trump from making public statements about the judge's staff.

Persons: Donald Trump's, Michael Cohen, Michael Avenatti's, Donald Trump, Cohen, Trump's, Cohen's, Letitia James, Trump, James, Judge Arthur Engoron Organizations: United, Courthouse, Trump, CNBC, Court, New, Trump Organization Locations: Manhattan, New York City, New York

☆ BlackRock bitcoin ETF added to eligibility file, says clearing house DTCC
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +2 min

The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsSummaryCompanies Potential ETFs added to DTCC file as 'standard practice'-DTCCBlackRock iShares Bitcoin Trust ETF added in August-DTCCMove is not indicative of regulatory approval-DTCCBitcoin holds gains made on ETF approval speculationSINGAPORE, Oct 25 (Reuters) - BlackRock's (BLK.N) proposed bitcoin exchange-traded fund (ETF) was added to a clearing-house eligibility file in August, but the move is not indicative of any regulatory approval, clearing house DTCC said. Speculation that BlackRock or a number of other pending bitcoin ETF applicants would succeed has sent bitcoin on its biggest two-day rally for seven months. The clearing house said the list was its eligibility file, which includes active and potential ETFs and that Blackrock's iShares Bitcoin Trust ETF was added in August as "standard practice...in preparation for the launch of a new ETF". Bitcoin touched an 18-month high of $35,198 on Tuesday and was last at $33,802 in Asia trade on Wednesday.

Persons: Carlo Allegri, Bitcoin, DTCC, Rae Wee, Tom Westbrook, Muralikumar Anantharaman, Jamie Freed Organizations: REUTERS, BlackRock, Traders, U.S . Securities, Exchange Commission, SEC, Thomson Locations: BlackRock, Manhattan, New York City , New York, U.S, SINGAPORE, Asia, Singapore

☆ Disney revealing ESPN's financials is a key step in CEO Bob Iger's turnaround
▼ + stars: | 2023-10-21 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Disney 's (DIS) first-ever breakout of ESPN's financials is another key step in CEO Bob Iger's turnaround for the embattled entertainment giant, displaying a stable top line and plenty of room for growth. For the nine months ended July 1, ESPN delivered $12.56 billion in revenue, according to this week's 8K government filing from Disney. The experiences division, which was basically unchanged in Iger's segment overhaul, had $24.39 billion during the first three quarters of fiscal 2023. Growing losses in Disney's linear TV assets may compel the company to sell all or some of them. We'll look for continued improvement when Disney's fiscal fourth-quarter earnings come out next month.

Persons: Bob Iger's, Iger, Disney, Morgan Stanley, Goldman Sachs, Goldman, We're, Jim Cramer's, Jim Cramer, Jim, Gabby Jones Organizations: Disney, ESPN, ABC, CNBC, Penn Entertainment, ESPN Bet, Hulu, Comcast, Pro, Iger, Bloomberg, Getty Locations: Brooklyn, New York

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