7 September, 2016 by The TZ Newswire Staff Comments Off on Facing rising rents, top restaurants choose to say goodbye
Facing rising rents, top restaurants choose to say goodbye
I’d like the lobster, but without the $3,000-a-foot rent, please. A number of famous Manhattan restaurants are moving to new locations in the coming months amid ballooning retail rents, according to a report. “The only way we can stay in the game is in a place where we can do a bigger volume,” said Drew Nieporent, who co-owns Nobu restaurants in the city. Nobu will move from its Tribeca space to the Financial District in … [more]
7 September, 2016 by The TZ Newswire Staff Comments Off on Industry fights FCC licensing role in set-top box battle
Industry fights FCC licensing role in set-top box battle
Opponents of a Federal Communications Commission plan to reform the television set-top box market pushed back Tuesday on the idea that the agency could manage their arrangements with companies that host their programming.
7 September, 2016 by The TZ Newswire Staff Comments Off on BNP Paribas, Citizen Capital & MAIF Avenir Give Ulule €5 Million in Funding for International Growth
BNP Paribas, Citizen Capital & MAIF Avenir Give Ulule €5 Million in Funding for International Growth
Ulule has raised €5 million from BNP Paribas, Citizen Capital, and MAIF Avenir. Ulule is a rewards-based crowdfunding platform that has experienced solid growth across Europe. The platform now claims over 1.2 million members from 191 different countries. To date, Ulule has collected over $68… Read More
7 September, 2016 by The TZ Newswire Staff Comments Off on General Mills Reveals 2017 Fiscal Targets (GIS)
General Mills Reveals 2017 Fiscal Targets (GIS)
Modest expectations from consumer foods maker do not change its long-term strengths.
7 September, 2016 by The TZ Newswire Staff Comments Off on More Than 100 Million People Now Pay for Streaming Music Services
More Than 100 Million People Now Pay for Streaming Music Services
Streaming music services collectively crossed the 100 million-mark this month, with Spotify, Sirius XM Radio, and Apple Music driving more than 85% of the total. Just recently, Spotify executive Troy Carter revealed that Spotify had crossed 39 million paying subscribers, a figure that more than doubles Apple Music’s estimated 17 million.
7 September, 2016 by The TZ Newswire Staff Comments Off on US July JOLTS job openings 5871K vs 5630K expected
US July JOLTS job openings 5871K vs 5630K expected
JOLTs numbers from the Federal Reserve Bank
The prior was 5643K (revised from 5624K)
7 September, 2016 by The TZ Newswire Staff Comments Off on Bank of Canada holds interest rates unchanged at 0.50%
Bank of Canada holds interest rates unchanged at 0.50%
Highlights of the Sept 7 Bank of Canada decision