By Jeanna Smialek Top Federal Reserve officials downplayed the chance that they would use their power as bank overseers to actively discourage investment in carbon-heavy companies, setting out a boundary line in an evolving conversation about what role the central bank should play in dealing with the fallout from global warming. “We would note that […]
The economic upheaval caused by the pandemic is changing communities across the country. Hundreds of thousands of businesses have closed, leading to lost livelihoods and empty storefronts. Many of these businesses were neighborhood pillars, beloved locales that we returned to over and over again. In your neighborhood, perhaps the bar where you met friends after […]
Slideshow ( 2 images )(Reuters) – U.S. oil major Exxon Mobil Corp is planning to add one or more new board directors and stepping up its sustainability investments, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. (on.wsj.com/3t0ev9K) The report said Exxon is in talks with the activist investor group D.E. […]
The 737 MAX has been cleared to resume passenger flights in Europe in a boost for Boeing as it revealed a record annual loss for the company of almost $12bn (£8.7bn). The US plane maker has been locked in crisis mode since the flagship models of its fleet were grounded globally in March 2019 following […]
(Reuters) – Starbucks Corp on Tuesday reported a bigger-than-expected fall in quarterly comparable sales as the rising number of coronavirus cases in the United States kept customers at home, sending its shares 2% lower in extended trading.FILE PHOTO: Customers sit inside a Starbucks coffee shop in Rio de Janeiro, Brazil August 15, 2018. REUTERS/Pilar Olivares/File […]
Internet users across the northeast U.S. reported widespread outages Tuesday. Verizon reported a cut fiber in Brooklyn via Twitter, although it’s not clear if that issue is responsible for the entire outage. The telecom giant didn’t have any estimate when the problem spot would be fixed. Neither Verizon nor Comcast, another major internet service provider, […]
Eloquii, the e-commerce destination for sizes 14 to 28, has become the founding sponsor of The Cultivate Award, presented by The Curvy Fashionista, a plus-size digital media platform supporting the plus-size woman. The Cultivate Award is an initiative that supports and nurtures the next generation of indie designers of color in the plus-size community. These […]
Digital healthcare start-up Tend has raised $15 million through a closed capital funding round to finance the next stage of its growth. The 3-month-old company, which conducts most of its patient doctors appointments virtually, is looking to acquire a string of medical clinics using the fresh capital. Tend founder and co-chief executive Cecilia Robinson said […]
Recent commercial real estate transactions in New York. By Isabella Paoletto Recent Sale $14.8 MILLION 12-22 and 12-26 30th Avenue (between 12th and 14th Streets) Queens This five-story apartment building in Astoria has 32 one-bedroom apartments and four studios, totaling 39,725 square feet. The property was built in 2009 and last changed hands in 2011. […]
FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, stands at the Bloomberg Global Business forum in New York, U.S., September 26, 2018. REUTERS/Shannon Stapleton/File PhotoLONDON (Reuters) – Larry Fink, chief executive of the world’s biggest asset manager BlackRock, on Tuesday warned the companies it invests in that they need to show how they will […]