Tag Archives: Economy of New York City

11Feb/21

Generation Tackles Global Unemployment With BlackRock, McKinsey & Company, Microsoft Corp. and Verizon

Generation to transform employment systems, support new research, and serve 75,000 people over the next two years with $77 million in new funding and $50 million in in-kind resources

WASHINGTON, Feb. 11, 2021 /PRNewswire/ — Generation, the non-profit global employment organization, has secured $77 million in new funding and $50 million in in-kind resources from BlackRock, McKinsey & Company, Microsoft Corp., and Verizon, to accelerate its work in tackling unemployment across 14 countries around the world. This combined commitment will allow Generation to support people who face systemic barriers to employment — particularly young adult and midcareer workers — as COVID-19 continues to threaten jobs and global economic growth. Continue reading

28Sep/17

Roku shares surge on debut

Shares of the streaming box maker rose about 30 percent minutes after they debuted on the Nasdaq Stock Market Thursday. Fred Katayama reports. Continue reading

17Jan/17

Trump Tower hurts Tiffany

A drop in sales at Tiffany’s flagship store hurt its holiday sales, and the upscale jeweler blamed its location next to Trump Tower. Fred Katayama reports. Continue reading

12Dec/16
CBS's Ed Sullivan Theater in Manhattan

Viacom, CBS merger called off

National Amusements, the majority stakeholder in both, CBS and Viacom, is pulling its support for the merger between the media giants that was outlined in September. Jeanne Yurman reports. Continue reading

26May/15

Alleged Libor ringleader goes on trial in London

Former trader Tom Hayes, on trial for allegedly conspiring to rig benchmark interest rates, has admitted to being motivated by greed and was fired by U.S. bank Citigroup in 2010, prosecutors tell a London court.

Continue reading