North America’s Wheat Flour Market: C.H. Guenther & Son C.H. Guenther & Son – a company that was established in 1851 in Texas, today has over 3,500 staff spanning 24 locations throughout America, Canada and Western Europe. It was originally started with Carl Hilmar Guenther building a flour mill near Fredericksburg, TX but eight years… Continue Reading
Investing and Global Finance News
Category Archives: Company Focus
Rosalind Brewer Becomes 20th Black CEO in America
Rosalind Brewer has been named incoming CEO of Walgreens, effective March 15, 2021. This role makes Brewer, who is leaving her position as COO at Starbucks, the only Black woman to lead a Fortune 500 company. Brewer joins the other 19 Black CEOs — 17 men and two women — who have ever been listed as… Continue Reading
IBM Names New Federal Leader
IBM named Steve LaFleche as the new head of its federal business division, the U.S. Public and Federal Market. LaFleche replaces Jay Bellissimo, and comes to the job with more than three years of experience as IBM’s managing director for the State of New York. LaFleche is not new to IBM. He has been with… Continue Reading
Broadway Ticketing Reworked by NY-based Company
Jujamcyn, the company responsible for the operations of five Broadway theaters, has signed a deal with New York-based SeatGeek. Many theater and performance spots are planning ahead for post-COVID reopenings. For Jujamycn, part of its new strategy included a major rework of its ticketing system. SeatGeek, a well-known sports industry player, is using its contract… Continue Reading
Funding Boost for NY Security Company
The New York City-based, BigID, a privacy and protection technology company, has raised $70 million in Series D funding. Salesforce Ventures and Tiger Global lead the investing this cycle. Longstanding supporters of BigID, Bessemer Venture Partners, Scale Venture Partners, and Boldstart Ventures put forth additional funding. Series A funding in January 2018 yielded $14 million… Continue Reading
Plexi-Craft: A New York Business in Demand
Plexi-Craft used to be a simple, swanky, high-end, Bronx-based furniture factory. Now it is one of the country’s most sought after businesses. The 60-year-old company has a long history of acrylic resin skills, designing trendy, clear plastic chairs, tables, cabinets, and more. And as the world scrambles to resume some sense of normalcy alongside the… Continue Reading
Supporting Local Businesses This Holiday Season
There is nothing typical about the 2020 holiday season. Celebrations have been curtailed, guest lists have been tightened, and shopping options have been limited. New Yorkers, however, ever resilient and resourceful, are finding ways to keep the holiday spirit alive and support local entrepreneurs and businesses in the process. Primarily organized on social media, these… Continue Reading
Shifts in Home Stores in New York City
Housewares giant Home Depot announced that it has signed a lease to take over the 120,000 square feet, 4-story facility that was once occupied by Bed Bath & Beyond store at 410 E. 61st Street in Manhattan’s Upper East Side. This is Home Depot’s third location in New York City, with one in the Flatiron… Continue Reading
FinTru Opens Offices in New York
The UK-based financial services firm FinTrU opened its first North American offices in New York City. The FInTru offices are set up on Avenue of the Americas in Manhattan and represent an international growth for the award-winning fintech company. “Many of our tier one investment bank clients are based in New York so it was… Continue Reading
BIDs to the Rescue
New York City’s BIDs (Business Improvement Districts) and neighborhood organizations are a pivotal lifeline for local shops and stores. The BIDs take on the lion’s share of street cleaning, marketing campaigns, and publicity. The tragic economic effects of the coronavirus pandemic have only heightened the need for BIDs. They are helping businesses stay open, advocating… Continue Reading