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New York Governor Proposes $100 Million Increase in Film Tax Credits

News Summary Governor Kathy Hochul has proposed a $100 million increase in New York’s film tax credits, potentially boosting total subsidies to $800 million annually....

Northwell Health Expands Under CEO Michael Dowling

News Summary Northwell Health, the largest healthcare provider in New York, is undergoing significant expansion led by CEO Michael Dowling. The organization, which recently merged...

Amazon Expands Its Office Footprint with New Acquisition in Manhattan

News Summary Amazon.com Inc. has purchased the vacant 23-story office building at 522 Fifth Avenue in Manhattan from RFR Realty, marking a strategic enhancement of...

New York State to Raise Minimum Wage by $0.50 Starting January 2025

News Summary Effective January 1, 2025, New York’s minimum wage will increase by $0.50 per hour, making it $16.50 in NYC and surrounding areas. This...

Kohl’s CEO Ashley Buchanan Fired Over Romantic Scandal

News Summary Ashley Buchanan has been fired as the CEO of Kohl’s just months into his tenure, due to a romantic conflict of interest involving...

Co-op Cyberattack Exposes Personal Data of Millions

News Summary The Co-op has confirmed a cyberattack that compromised the personal data of over 6.2 million customers, raising concerns about data security in today’s...

Nvidia and Anthropic Clash Over AI Chip Export Rules

News Summary In a heated exchange, Nvidia has countered Anthropic’s claims about AI chips being smuggled into China, highlighting tensions amidst new export regulations. Anthropic...

Concerns Grow Over Bengaluru’s Real Estate Market

News Summary Bengaluru, once thriving due to its IT sector, faces a potential real estate downturn exacerbated by rising layoffs and hiring freezes. As demand...

U.S. Stocks Surge Amid Positive Jobs Report and Trade Talks

News Summary Wall Street sees a significant upturn as U.S. stocks experience a nine-day winning streak, buoyed by a robust jobs report and potential U.S.-China...

Fox News and Smartmatic Engage in High-Stakes Defamation Lawsuit

News Summary Fox News and Smartmatic Corp are battling in a defamation lawsuit in New York, with both parties seeking summary judgment. Smartmatic alleges Fox...
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