NYC Holiday Tourism Reaches Record High with Over 8 Million Visitors December 29, 2024 New York City experienced a record-breaking surge in holiday tourism this December, with over 8 million…
Business
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Honeywell International Inc. is considering a significant structural change that could see its aerospace division spun off into a separate entity. This potential move comes after advice from Elliott Investment…
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Union Square Holiday Market Sets New Sales Records Amid Festive Cheer December 23, 2024 The Union Square Holiday Market is celebrating a banner year, reporting record-breaking sales as shoppers flock…
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Empire State Building Hosts Holiday Charity Gala to Support Homeless Shelters December 20, 2024 The Empire State Building held its annual Holiday Charity Gala, bringing together philanthropists, business leaders, and…
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Business
Saks Global Finalizes Acquisition of Neiman Marcus Group, Creating a Dominant Luxury Retail Entity
Saks Global has successfully completed its $2.7 billion acquisition of Neiman Marcus Group, bringing together some of the most renowned luxury retail brands in the United States. This high-profile deal…
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NYC Launches Heated Sidewalk Pilot Program to Improve Winter Safety December 18, 2024 New York City has begun testing heated sidewalks in select areas of Midtown Manhattan and Downtown Brooklyn…
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Business
Omnicom and Interpublic Group Announce Major Merger; Arthur J. Gallagher Expands with AssuredPartners Acquisition
In a bold move set to reshape the advertising landscape, Omnicom Group Inc. and Interpublic Group of Companies (IPG) have announced plans to merge in an all-stock transaction valued at…
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The first week of December 2024 marked a slight increase in U.S. mergers and acquisitions (M&A) activity, with 997 deals announced, up from 991 in November. While this indicates a…
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New York City, November 29, 2024 – Black Friday shopping was in full swing across New York City today, as eager shoppers packed retail stores to take advantage of deep…
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In a controversial economic decision, President-elect Donald Trump announced immediate tariffs on imports from three key trading partners: Canada, Mexico, and China. The tariffs, set at 25% for goods from…