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Persons: Dow Jones Locations: soho, downtown, manhattan
The return of perms
  + stars: | 2023-06-30 | by ( Yola Mzizi | ) edition.cnn.com   time to read: +4 min
Perms, or the permanent wave, have been a fixture of American culture since the late 19th century and reached peak popularity in the 1970s and 1980s. While beauty trends, like fashion, are cyclical, perms today differ greatly from those once seen on stars like Cher and Stevie Nicks, thanks to gentler products and digitized heat technology. Digital perms, or hot perms, have also become popular. “It certainly helps that K-Pop and K-Dramas are popular and the stars get perms, so that has made it more culturally acceptable,” said Chen. Wella’s Munz is hopeful the resurgence of perms will also encourage brands to further engage with the multicultural consumer.
Persons: Charles Chen, , , Cher, Stevie Nicks, perms, Roland Munz, Briana Dunning, Dunning, BTS’s, Kim Tae, Gong Yoo, Lydia Wolfe, Jack, Wolfe, Chen, Wella’s Munz Organizations: The, Fashion, CNN, Wella, Korean, Busan ”, perms Locations: perm, Manhattan, TikTok, perm ”, Euromonitor, Gen, Los Angeles, , Striiike, Korean, Korean perm, American perm, Busan, London
CNN —New York City has been cleared to implement congestion pricing, a practice that allows the city to charge drivers entering Lower Manhattan, New York Gov. The plan would also mark the culmination of more than a half-century of efforts to implement congestion pricing in New York City. Ultimately, it was the need to improve New York City’s public transit that became the rallying cry for congestion pricing. The stakes of New York City’s program are high, and leaders in other cities are watching the results closely. “It’s good to see New York City’s program is moving forward,” said the Los Angeles Times Editorial Board last month.
Persons: Kathy Hochul, , Michael Bloomberg, Andrew Cuomo —, Kate Slevin, Sam Schwartz, Hochul, , US Sen, Bob Menendez, Josh Gottheimer, Bill Pascrell, Jr, Washington, CNN’s Gregory Wallace, Rob Frehse Organizations: CNN, New, Lower Manhattan , New York Gov, Federal, Administration, Central Business District, Federal Highway Administration, New York Metropolitan Transportation Authority, ” New York Gov, United, United States Each, MTA, Regional Plan Association, , Democratic New, US, London, Drivers, Los Angeles Times Locations: New York City, Lower Manhattan ,, Manhattan, United States, New York, Lower Manhattan, New Jersey, Democratic New Jersey, Holland, Lincoln, Jersey, That’s, Stockholm, London, Singapore, York, Los Angeles
As they got to know one another — “It was a little awkward because I’d been looking at him for six months,” Mr. Bittar said — Mr. Bittar explained that he was a single father. Mr. Bittar, who is gregarious and vocal, grew up in Bay Ridge, Brooklyn. His father, Robert Bittar, is of Syrian descent and his late mother, Helen Bittar, was of Irish-Catholic descent; both were professors. Mr. Bittar began selling jewelry on the streets of downtown Manhattan as a scrappy teenager. “The differences are so obvious it’s kind of ridiculous,” said Todd Parmley, a software company executive who has known Mr. Bittar for more than two decades.
Persons: Miner, Charlie, ” Mr, Bittar, Mr, , , Robert Bittar, Helen Bittar, Charles Miner III, Claire Miner, , Todd Parmley Organizations: East, Bucknell University Locations: Bay Ridge , Brooklyn, Manhattan, Connecticut, Darien, Fairfield
Since early June, Celentano has commuted by plane once a week to her summer internship at Ogilvy Health in Parsippany, New Jersey, from her parent's house in Charleston, South Carolina. Celentano didn't want to join the legions of summer interns fighting for affordable housing in and around New York City. And her job only requires her to be in the office — about a 45-minute drive from downtown Manhattan — once, sometimes twice, per week. For Celentano, commuting four-plus hours by plane weekly was a much easier pill to swallow than paying New York rent for three months on an intern's salary. "I didn't think twice about it," Celentano, a rising senior at the University of Virginia, tells CNBC Make It.
Persons: Sophia Celentano's, she'll, Celentano, Organizations: Charleston International Airport, Ogilvy Health, University of Virginia, CNBC, Companies Locations: Parsippany , New Jersey, Charleston , South Carolina, New York City, Manhattan, New York, Charleston
New York City is still clawing out of from the devastating impact of the Covid-19 pandemic. The plan would also mark the culmination of more than a half-century of efforts to implement congestion pricing in New York City. Ultimately, it was the need to improve New York City’s public transit that became the rallying cry for congestion pricing. The stakes of New York City’s program are high, and leaders in other cities are watching the results closely. “It’s good to see New York City’s program is moving forward,” said the Los Angeles Times Editorial Board last month.
Persons: Joe Biden’s, , Kathy Hochul, Michael Bloomberg, Andrew Cuomo —, Yuki Iwamura, Kate Slevin, Sam Schwartz Organizations: New, New York CNN, Central Business District, Federal Highway Administration, New York Metropolitan Transportation Authority, ” New York Gov, MTA, Bloomberg, Getty, Regional Plan Association, London, Drivers, Los Angeles Times Locations: New York, New York City, Lower Manhattan, Manhattan, United States, Stockholm, London, Singapore, New Jersey, York, Los Angeles
Commercial property headwinds aside, today we're looking at the residential housing market, which is undergoing its own shifts, but not exactly in the same direction. Tell someone that the housing market is so unfavorable right now that the biggest home buyers in the country are actually net sellers now. American Homes 4 Rent, for example, bought 312 single-family homes and sold 666 to start the year. Similarly, Invitation Homes, the largest owner of single-family rentals in the US, bought 194 homes and sold 297 in the first quarter of 2o23. Naturally, the housing market has slowed down for everyday Americans, too, given the steep mortgage rates and lack of affordability.
Some Chinatown residents benefited from the development boom, selling properties to developers or drawing more customers from increased foot traffic. Some residents have shown tentative support for the luxury buildings, saying they might make the neighborhood safer or bring in wealthier Asian residents who could boost Chinatown's economy. Manhattan Chinatown's housing stock is "really aged," which has led to costly fires, according to Thomas Yu, executive director of Asian Americans for Equality. Chinatowns and the pandemicMany debates surrounding luxury development and affordable housing were accelerated by the pandemic, which shuttered hundreds of businesses across Chinatowns. However, business owners who spoke with CNBC said Chinatown's businesses, though still recovering, are keeping the city's culture alive.
The 73 EEOC claims brought by individual former employees against the company sparked the larger pattern or practice investigation into age discrimination. Only a fraction of EEOC age discrimination complaints — 2.8% in fiscal 2021 — resulted in reasonable cause determinations, EEOC data show. It went from running six bowling alleys to 272 overnight after it acquired AMF, which was then the largest bowling company in the world and was in bankruptcy. The following year, Shannon's company acquired the Brunswick Corporation, the second-largest bowling company in the world, and changed his company's name to Bowlero. Dowe said negotiations fell apart when Bowlero countered the EEOC's $60 million settlement proposal with a proposal of $500,000.
The priciest New York City residential real estate as ranked by median listing price is in downtown Manhattan’s 10013 ZIP Code, according to Realtor.com. ( News Corp , owner of The Wall Street Journal, also operates Realtor.com under license from the National Association of Realtors.) While the 0.55 square mile ZIP Code covers several neighborhoods—it touches parts of SoHo and Chinatown and encompasses Little Italy—it’s largely synonymous with Tribeca, located on the city’s west side along the Hudson River. Tribeca, characterized by cobblestone streets, is known for its old industrial buildings that have been converted into large, hip residential lofts that can accommodate growing families. The enclave’s appeal rests not only in its mellow neighborhood vibe but also in its access to waterfront living, green spaces and great schools in the area.
The priciest New York City residential real estate as ranked by median listing price is in downtown Manhattan’s 10013 ZIP Code, according to Realtor.com. ( News Corp , owner of The Wall Street Journal, also operates Realtor.com under license from the National Association of Realtors.) While the 0.55 square mile ZIP Code covers several neighborhoods—it touches parts of SoHo and Chinatown and encompasses Little Italy—it’s largely synonymous with Tribeca, located on the city’s west side along the Hudson River. Tribeca, characterized by cobblestone streets, is known for its old industrial buildings that have been converted into large, hip residential lofts that can accommodate growing families. The enclave’s appeal rests not only in its mellow neighborhood vibe but also in its access to waterfront living, green spaces and great schools in the area.
“Daniel never intended to harm Mr. Neely and could not have foreseen his untimely death,” the statement said. As soon as Neely got on the train, he started yelling about being “fed up and hungry” and “tired of having nothing,” Vazquez told CNN. Neely did not appear to be armed or looking to attack anyone, Vazquez told CNN. In the video recorded by Vazquez, Neely and Penny are seen on the floor of a subway car with Penny’s arm wrapped around Neely’s neck. One appeared to be mediating the situation while the other seemed to help Penny restrain Neely, according to Vazquez.
CNN —Manhattan prosecutors are conducting a “rigorous ongoing investigation” into the death of a man seen in video being put in a chokehold by another rider on the New York subway. Jordan Neely, 30, died Monday due to “compression of neck (chokehold),” a spokesperson for the New York City Office of the Chief Medical Examiner said. Another rider then approached Neely from behind and put him in a chokehold, Vazquez said. New York police officers respond after a man riding the subway was placed in a chokehold by another passenger. The man who put Neely in the chokehold has been identified as a 24-year-old from Queens, a law enforcement source said.
“In an industry that is so focused on women, we are not seeing enough women rise in managerial [roles],” said fashion designer Michael Kors to Kristina O’Neill (left) onstage. Photo: Dimitrios Kambouris/Getty Images for The Wall Street JournalOn Tuesday night, as the sun set over the Hudson River at Spring Studios in downtown Manhattan, the designer and philanthropist Michael Kors and actor and entrepreneur Naomi Watts weighed in on what the future might hold for their industries. The “after hours” edition of The Wall Street Journal’s Future of Everything Festival, hosted in collaboration with WSJ. Magazine, opened with cocktails followed by performances of Stevie Wonder’s “Sir Duke” and Bob Dylan’s “The Times They Are A-Changin’,” sung by students from the Frank Sinatra School of the Arts High School in Queens, New York.
NYC building officials have inspected 78 buildings so far since the collapse of a three-story parking garage in April. Officials closed four NYC parking structures over safety concerns, AP reported. City building officials said they closed down four parking garages in a safety sweep of about 78 structures, the Associated Press reported. "During our sweep of 78 parking structures, we found four locations where structural concerns necessitated areas of the buildings to be immediately vacated," he added. A 2022 mandate required parking structures to be inspected by owners at least every six years, the AP reported.
LinkedIn founder Reid Hoffman contributed money to a nonprofit funding E. Jean Carroll's rape lawsuit against Trump. The judge said Wednesday that jurors couldn't hear evidence related to his funding of the case. The issue of whether billionaire LinkedIn founder Reid Hoffman contributed money towards E. Jean Carroll's lawsuit against the former president, US District Judge Lewis Kaplan said, "would be prejudicial" because it has no bearing on Carroll's allegations. "The whole subject of litigation funding is precluded," the judge said Wednesday afternoon in a downtown Manhattan courtroom. The funding issue had no bearing on the merits of Carroll's claims, Kaplan said earlier.
Lawyers made opening statements in E. Jean Carroll's rape trial against Donald Trump. Trump's lawyer asked jurors to dismiss the case even if they "hate" Trump. "She struggled to break free, but she couldn't," Crowley said in her opening statement. Despite the charged nature of the case, jurors were seated in the span of several hours, shortly before the court's lunch break on Tuesday. In one video, Tacopina, said, jurors may observe that Trump appears angry.
E. Jean Carroll's rape lawsuit against former President Donald Trump goes to trial next week. A federal judge sealed documents related to whether billionaire Reid Hoffman funded Carroll's suit. Alina Habba, an attorney representing Trump in the lawsuit, told Insider she would oppose the decision. On April 13, Habba asked Judge Kaplan (who is not related to Carroll's lawyer) again to delay the trial and reopen the discovery process in the case. Trump's attorneys haven't yet said whether the former president will attend the trial, and Judge Kaplan isn't forcing him to.
YouTuber Casey Neistat, popular for vlogging about his NYC life, asked ChatGPT to write him a script. Neistat asked GPT-4 to write a vlog that takes place in downtown Manhattan, and includes his wife. YouTuber Casey Neistat asked the latest version of ChatGPT to write a script for his latest vlog, and the resulting dry dialogue is unintentionally hilarious. Neistat asked GPT-4, which is available via OpenAI's ChatGPT Plus, to write a three to four minute video that includes dialogue and a shot list for downtown Manhattan in the daytime. "Let's take a quick look inside Brookfield Place, one of my favorite spots in downtown Manhattan," Neistat reads, while shaking his head in disagreement.
Leonard Abrams, the founder of the East Village Eye, a community newspaper dripping with attitude that captured in newsprint the do-it-yourself post-punk ethos that ignited the explosion of groundbreaking art, music and fashion in downtown Manhattan in the 1980s, died on April 1 in New Jersey. The cause was a heart attack at a rest stop on the New Jersey Turnpike on his way home from a business trip, said Arthur Fournier, a close friend and longtime colleague. The Eye, a monthly publication that Mr. Abrams published and edited from 1979 to 1987, scarcely made a dent above 14th Street in Manhattan — to many the traditional dividing line of “downtown.” But to those who lived a short stroll from Tompkins Square Park, it functioned as a house organ for the graffiti artists, New Wave (and No Wave) bands and maverick fashion designers who came together in the 1980s to create one of New York’s storied cultural flowerings. “There were performances, there was art, there was rock ‘n’ roll, and people were just showing up and meeting each other,” Mr. Abrams recalled in a 2005 interview with the website Gothamist. “These people who would work together, party together, have sex or maybe be at each other’s throats were all just getting together and forming the East Village scene.”
The job market is clearly starting to slow down. Mohamed El-Erian said March's jobs report was a win-win for both the stock market and the Fed. "We are making this transition where the stock market was obsessed with interest-rate risk to one that is concerned about credit risk." What's your take on the latest job data? In other news:Traders works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020.
Just 14% say they have a great deal or "quite a lot" of confidence in the criminal justice system, half the level of a decade ago. Manhattan District Attorney Alvin Bragg's case is the first of several involving Trump as the country braces for a 2024 presidential election in which Trump is the leading Republican candidate. Trump himself has over the years complained that law enforcement was targeting him for political purposes, and his rhetoric has heightened since the New York case surfaced. On Wednesday, Trump called on his fellow Republicans in Congress to slash funding for the U.S. Justice Department and the FBI. "It's obvious the criminal legal system can punch down - it's proven that, and oppressively so," Ali said.
Rep. Marjorie Taylor Greene bashed New York City on Wednesday, calling it 'filthy' and 'terrible.' The Georgia lawmaker was heckled on Tuesday at a pro-Trump rally in Manhattan. Greene was in New York to hold a mini protest for Trump, who was arrested and charged in court on Tuesday afternoon. Before the protest, New York Mayor Eric Adams singled out Greene by name when he called for calm in the run-up to Trump's surrender in New York. "People like Marjorie Taylor Greene, who is known to spread misinformation and hate speech.
Trump called on Republicans in an all-caps tirade to "DEFUND THE DOJ AND FBI" on Wednesday. It was a remarkable comment from Trump, who built his brand around bolstering law enforcement. His Truth Social rant came after he was indicted on 34 felony counts by the Manhattan DA's office. His tirade came one day after he was arraigned in downtown Manhattan after the Manhattan DA's office indicted him on 34 felony counts of falsification of business records. But Trump and his lawyers deny knowledge of the payment, and Trump has also denied the alleged affair.
CNBC Daily Open: Mounting recession concerns
  + stars: | 2023-04-05 | by ( Jihye Lee | ) www.cnbc.com   time to read: +2 min
NEW YORK, NEW YORK - MARCH 31: Skyscrapers loom over downtown Manhattan on March 31, 2022 in New York City. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. We're seeing more signs that the U.S. economy is indeed slowing down following nine straight Federal Reserve rate hikes. Subscribe here to get this report sent directly to your inbox each morning before markets open.
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