Tag: New York

De Blasio Says ‘Human Reality’ Is Workers Will Comply With Vaccine Mandate Rather Than Lose Pay

New York City Mayor Bill de Blasio said he expects to see a rise in vaccinations among municipal workers in line with his mandate, telling reporters that the “human reality” is city employees will decide to get the shot rather than face unpaid leave. De Blasio made the remarks during an Oct. 28 press conference,…


Current, Former Tesla Board Members Cash in on Stock Rally

BANGALORE/SAN FRANCISCO—Tesla Inc. board member Ira Ehrenpreis sold shares of the electric carmaker worth more than $200 million on Wednesday, after the stock crossed the $1,000 mark for the first time to hit a record, according to filings. Antonio Gracias, a former Tesla board member whose term expired earlier this month, also filed his planned…


Wall Street Shakes Off Amazon, Apple Weakness to End Modestly Higher

NEW YORK—U.S. stocks shook off early declines and closed out the last trading day of the month with modest gains on Friday as a rise in Microsoft helped offset declines in Amazon and Apple after disappointing quarterly earnings from the online retailer and iPhone maker. Microsoft Corp.’s shares closed at a record high of $331.62…


NYC: 40 Percent Inspected Businesses Noncompliant with Vaccine Pass Mandate

NEW YORK CITY—Approximately two in five New York City restaurants, gyms, and entertainment venues weren’t fully abiding by the city’s COVID-19 vaccination pass mandate when first inspected. The city managed to inspect nearly two-thirds of the estimated 31,000 businesses that are required to ask their employees and customers for proof of vaccination. Some 8,000 were…


NYC: 40 Percent of Inspected Businesses Noncompliant With Vaccine Pass Mandate

NEW YORK CITY—Approximately two in five New York City restaurants, gyms, and entertainment venues weren’t fully abiding by the city’s COVID-19 vaccination pass mandate when first inspected. The city managed to inspect nearly two-thirds of the estimated 31,000 businesses that are required to ask their employees and customers for proof of vaccination. Some 8,000 were…


NY Attorney General, Who Oversaw Cuomo Investigation, Announces Bid for Governor

New York Attorney General Letitia James announced Friday she is running for governor, setting up a primary battle with Gov. Kathy Hochul, who took over the governorship following the resignation of Andrew Cuomo over the summer. In a video released Friday, James highlighted her office’s lawsuits against former President Donald Trump, the National Rifle Association…


Futures Slip After Apple, Amazon Results Reignite Supply, Labor Woes

The S&P 500 and the Nasdaq indexes looked set to drop from record highs on Friday, as results from mega-cap firms Apple and Amazon.com reignited concerns of labor and supply shortages that have been at the forefront of this quarterly earnings season. Market participants have been closely watching how corporate America navigates through these challenges…


Amazon, Apple Weigh on Stocks, Rate Hike Hopes Underpin Euro

LONDON—Amazon and Apple earnings took the froth out of U.S. stock futures and world equities on Friday, though the euro held near one-month highs on euro zone rate rise hopes. Amazon.com reported a slump in profit after the bell on Thursday that it expects will continue through the holiday quarter, as higher pay to attract…


Thousands of NYC Firefighters Protest Against Vaccine Mandates at Mayor’s Residence

MANHATTAN, N.Y—Thousands of New York firefighters gathered on Thursday afternoon outside Gracie Mansion, the residence of New York Mayor Bill de Blasio, to protest against the vaccine mandates. De Blasio recently imposed a vaccine mandate on all city workers, saying that it’s for the safety of the city. The featured speakers at the rally made…


Andrew Cuomo Charged With Misdemeanor Forcible Touching: Complaint

Former New York Gov. Andrew Cuomo was charged with a misdemeanor forcible touching on Thursday amid confusion about the complaint. The complaint accuses Cuomo, who resigned earlier this year amid misconduct allegations, of groping a woman in an unlawful manner, and he allegedly “did knowingly, and intentionally commit the class A misdemeanor of Forcible Touching.” The…