Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Supreme Court ‘Easily’ Settles Insider Trading Liability Question
Dec 7 2016 // For two years, stock traders and the attorneys who represent them said insider-trading law was a muddle, with no one knowing exactly what was or wasn’t legal. On Tuesday, the U.S. Supreme Court said it had...
California’s Cyence Hires Merchant to New York City Office
Dec 7 2016 // Cyence, a San Mateo, Calif., based company that works to empower the insurance industry to model the economic impact of cyber risk, has named John Merchant as director of business development. He will be working with...
Alston & Bird Adds Two Litigation Partners in New York
Dec 6 2016 // International law firm Alston & Bird has hired Adam Kaiser and John Aerni as partners in the firm’s New York office. Both Kaiser and Aerni are senior litigators with more than 50 years of collective experience,...
Airbnb, New York City Settle Rental Law Lawsuit
Dec 6 2016 // Airbnb Inc. and New York City said on Friday they had resolved a lawsuit brought by the company challenging a law it argued could expose it to significant penalties for advertising short-term apartment rentals. Airbnb...
Insurtech Lemonade Wins $34 Million in New Funding As It Readies for West Coast Expansion
Dec 5 2016 // Lemonade, the home and renters insurance company run by artificial intelligence and behavioral economics, announced a $34 million B round of funding. The latest round was led by General Catalyst with participation from GV...
People – East
Dec 5 2016 // Henderson Brothers Inc., a Pittsburgh, Penn., based independent broker, has hired Braden Brodsky as a senior financial analyst in the employee benefits department. In this role, Brodsky will use his three years of industry...
New York Subway Escape Alcoves Probed After Accident Killing Worker
Dec 5 2016 // A New York subway train struck two workers in a tunnel, killing one and injuring the other, and investigators are looking at whether there is enough room in the escape alcoves along the tracks. A federal official briefed...
2016 State Specialist P/C Insurers Revealed: Demotech
Dec 5 2016 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by companies to the National Association of Insurance Commissioners (NAIC). The 11 categories...
Swiss Re’s U.S. Solar Power Plant is One Part of Its Climate Change Commitment
Dec 1 2016 // Swiss Re’s solar power installation at its U.S. headquarters in Armonk, N.Y., a 2-megawatt facility expected to be up and running by late spring 2017, is just one part of a green theme that the carrier has been...
New York Officials Warn Drivers to Watch for Pedestrians
Dec 1 2016 // The city is ramping up pedestrian safety efforts during the annual influx of holiday visitors and decreased daylight hours. Mayor Bill de Blasio, police Commissioner James P. O’Neill and other officials said Tuesday...
Western New York Restaurant Closed After 60 Illnesses Reported
Dec 1 2016 // Health officials have closed a suburban Rochester restaurant after dozens of people reported getting sick after eating there on Thanksgiving. The Monroe County Health Department says it closed the Golden Ponds Restaurant...
Sirius May Settle Music Copyright Suit Brought by The Turtles for $100M
Nov 30 2016 // Sirius XM Holdings Inc. may pay close to $100 million after settling a copyright lawsuit brought by founding members of the 1960s band The Turtles over the satellite radio company’s broadcast of songs made before...
New York Accountant Admits Stealing $3M from Grain Shipper
Nov 30 2016 // A corporate accountant in New York admitted Monday to stealing at least $3.1 million from agribusiness giant Cargill, Inc., and causing $25 million in losses to the privately held company’s grain shipping operations...
Top New York City Commuter Rails Slow to Progress on Technology
Nov 30 2016 // The nation’s three busiest commuter railroads – which together serve nearly 1 million riders in the New York City area each day – continue to lag behind their smaller West Coast counterparts in installing...
Steel Beam Falls from New York City Crane, Killing 2 Workers
Nov 29 2016 // Authorities say a steel beam being hoisted at a New York City construction site fell after a cable apparently snapped, killing a crane operator and a co-worker. The beam was being lifted when it came loose Tuesday...
Insurance Industry Sees Challenges with New York City Crawler Crane Requirements
Nov 29 2016 // The Department of Buildings of the City of New York’s (DOB) recent move to better regulate crawler crane operations in New York City has led to concern for some in the insurance industry that a stricter regulatory...
Unions, Gig-Economy Firms Prepare for New York Benefits Battle
Nov 28 2016 // Faced with a barrage of lawsuits from workers demanding benefits and recognition as employees, some companies in the fast-growing ‘gig economy’ are looking to settle the issues through legislation. Joseph...
Union Strike at New York Chemical Plant Enters 4th Week
Nov 28 2016 // A strike by hundreds of union workers at an upstate New York chemical plant is now into its fourth week. Some 700 members of an IUE-CWA local walked off the job earlier this month at Momentive Performance Materials in the...
Security Measures to be Reviewed After Panic at New York’s JFK Airport
Nov 23 2016 // Poor communication among police, private security and other personnel contributed to a mass panic that erupted at a New York City airport when loud cheers for Usain Bolt somehow led to a false report of gunshots, according...
Exxon Climate Judge Orders ‘Unprecedented’ Questioning
Nov 21 2016 // A federal judge in Texas is giving Exxon Mobil Corp. an unprecedented chance to question a state law-enforcement officer who is investigating whether the energy company hid damaging data about climate change from...
