Vice Media, the subject of IPO rumors, announced a series of deals on Wednesday with mobile carriers including Vodafone, DoCoMo and Indonesia’s XL Axiata. Vice Media , the youth-focused digital and TV company that counts Disney as its largest investor, is expanding its operations into Asia, the Middle East and Canada.
Category: New York, NY
Ex-Comverse Boss Gets Longest Prison Term Yet for Backdating
The co-founder of Comverse Technology Inc. was handed the longest U.S. prison sentence for options backdating to boost executive compensation, in part for fleeing the country and spending a decade on the lam in Africa. Jacob “Kobi” Alexander, 64, was sentenced to 2 1/2 years in prison on Thursday.
Ex-Comverse Boss Gets Longest Prison Term Yet for Backdating
The co-founder of Comverse Technology Inc. was handed the longest U.S. prison sentence for options backdating to boost executive compensation, in part for fleeing the country and spending a decade on the lam in Africa. Jacob “Kobi” Alexander, 64, was sentenced to 2 1/2 years in prison on Thursday.
Trump Tower Protection Cost NY City $24M From Election to Inauguration
It cost New York City about $24 million to provide security at Trump Tower, President Donald Trump’s skyscraper home in Manhattan, from Election Day to Inauguration Day, or $308,000 per day, New York’s police commissioner said on Wednesday. The revelation prompted renewed calls for Congress to reimburse the city for the cost of protecting Trump’s private residence on Manhattan’s Fifth Avenue, where his wife and their son continue to reside.
Confusion Grips Airports as Courts Limit Trump Travel Curbs
Confusion reigned at airports around the world Sunday over exactly which citizens from the seven nations subject to President Donald Trump’s immigration ban are still permitted to fly to the U.S. Airlines at international hubs from Dubai to London Heathrow were grappling with the implications of three court rulings in the U.S. Saturday and Sunday that have temporarily blocked the enforcement of parts of Trump’s executive order. In the hours after the presidential edict, many airports imposed blanket bans on U.S. travel for citizens of Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen, with Amsterdam Schiphol turning away seven people with valid visas, and Cairo denying boarding to migrants accompanied by United Nations officials.
Confusion Grips Airports as Courts Limit Trump Travel Curbs
Confusion reigned Sunday at airports in the Middle East and Europe over exactly which citizens from the seven nations subject to President Donald Trump’s travel ban are still permitted to fly to the U.S. Airlines at hubs from Dubai to London Heathrow were grappling with the implications of two court rulings in the U.S. late Saturday that have temporarily blocked the enforcement of parts of Trump’s executive order. In the hours after the presidential edict, many airports imposed blanket bans on U.S. travel for citizens of Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen, with Amsterdam Schiphol turning away seven people with valid visas, and Cairo denying boarding to migrants accompanied by United Nations officials.
Airports Gripped by Confusion as Courts Limit Trump Travel Curbs
Confusion reigned Sunday at airports in the Middle East and Europe over exactly which citizens from the seven nations subject to President Donald Trump’s travel ban are still permitted to fly to the U.S. Airlines at hubs from Dubai to London Heathrow were grappling with the implications of two court rulings in the U.S. late Saturday that have temporarily blocked the enforcement of parts of Trump’s executive order. In the hours after the presidential edict many airports imposed blanket bans on U.S. travel for citizens of Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen, with Amsterdam Schiphol turning away seven people with valid visas, and Cairo denying boarding to migrants accompanied by United Nations officials.
Hold The Storefront: How Delivery-Only “Ghost” Restaurants Are Changing Takeout
“Ghost restaurants” with no physical location are popping up across the country. Can a restaurant succeed if it’s delivery-only? Hungry New Yorkers ordering meals through such online services as Seamless or Eat24 order everything from sushi to burgers to tacos.
The ‘golden years’ of New York City’s luxury real-estate…
It took two months longer on average to sell a New York City luxury apartment in 2016 compared with 2015. That’s according to the real-estate agency Olshan Realty, which on Wednesday published its year-end report on the New York residential market.
Raging blaze burns a dozen storefronts; 3 firefighters hurt
A fire has raged through more than a dozen storefronts on a block in New York City, injuring three firefighters. The Fire Department of New York says about 180 firefighters were called to the blaze Friday night in the Kew Gardens neighborhood in Queens.
Manhattan Luxury Co-Ops Fall Out of Favor as New Condos Beckon
The luxury Manhattan co-op, a longtime sign of real estate prestige and exclusivity in New York, may be losing its appeal. Blame a glut of newly built high-end condos.