While most of New York City’s businesses have ceased or slowed operations during the novel coronavirus pandemic, Mayor de Blasio designated bike shops as an essential business allowed to remain open. More people have taken up cycling as their transportation method of choice, rather than risk infection on subways and buses. For these commuters, cycling… Continue Reading
Investing and Global Finance News
Category Archives: Company Focus
New York’s Oldest Candy Shop Going Online
All of New York City’s businesses are finding creative ways to navigate the novel virus that has brought the world to a standstill. Economy Candy, in Manhattan’s Lower East Side, is the oldest candy shop in New York, with 2,000+ types of candy from around the globe featured in the wall-to-wall displays. In 1937, during the… Continue Reading
Startup Guide Includes New York
In 2014, the Danish Sissel Hansen publishing firm initiated the Startup Guide series. As of late 2019, New York City has a guide and joins over 20 other major cities with similar publications. With an impressive 265 pages, the informative and entertaining read highlights founders, shared work spaces, investors, educational programs, and other startup players.… Continue Reading
NY Small Business Wins Highest Honor
Vidler’s, one of New York’s most iconic family-owned businesses, has been awarded U.S. Small Business Administration Family-Owned Small Business of the Year. Open for more than 80 years, Vilder’s is the largest variety store in North America. Vilder’s is a local institution that has maintained its ‘mom-and-pop’ feel for the duration. The Vilder family legend… Continue Reading
Seventh Cohort of New York Fashion Tech Lab
New York Fashion Tech Lab (NYFTLab), the community-driven, collaborative platform for promoting fashion, beauty and retail-tech advancement, launched its 7th group of supported businesses. NYFTLab is a program of Springboard Enterprises, supported by top tier retail, brand, and tech partners such as LVMH, Macy’s, Kohl’s, Levi Strauss and Co., Estée Lauder Companies, PVH Corp, Perry Ellis International, Accenture, Microsoft, and Avery Dennison. This is the… Continue Reading
Maven Gets Money
Maven, the New York-based startup for women’s health and family planning, announced that it has raised $45 million from investors. Forbes hailed this as one of the largest rounds of funding for a woman-run healthcare company. Among the investors are noted actresses Reese Witherspoon, Natalie Portman, and Mindy Kaling. 23andMe co-founder and CEO Anne Wojcicki has also… Continue Reading
New York Couple Buys New York Streets
Corey and Tamara Galloway of Brooklyn always dreamt of owning a professional New York sports team. In February 2020, during National Black History Month, the couple made that dream a reality. And they also made history when they became the first African American couple to own a NY team, National Arena League’s New York Streets. Last… Continue Reading
LendIt Fintech Announces Year-Long Mentor Program for NYC-Area Women
LendIt Fintech and NYC Fintech Women launched its inaugural year-long Mentor Program for tri-state area women. The collaborative program is designed to assist, advance, and aid aspiring fintech women as they grow professionally. LendIt Fintech is committed to supporting and facilitating diversity in fintech while creating opportunities for the global community. Mentors, who must be in a senior… Continue Reading
NYC tech companies to watch in 2020
CB Insights published its 2020 Tech IPO Pipeline report, including 281 of the most promising and highly valued private tech companies in the U.S. The entirety of the list remains under wraps, but what we do know is that 40 of the companies on there are based in New York. Fashion outfit (pun intended), Rent… Continue Reading
Smarthome Showroom
Automation technologies are taking over almost every aspect of our lives. We have apps for almost everything and want the capacity to control much of our systems and platforms from our handheld devices. Leading New York City electronics integrator Sakab Designs recently opened a multi-floor technology center in New York City that allows visitors to experience the… Continue Reading