New York’s Metropolitan Transportation Authority (MTA), the largest transportation network in North America, is at a crossroads, operating on a $12 billion deficit through 2024. While foregoing an immediate fare hike, the MTA has threatened mass layoffs and service cuts of up to 50% as it faces the “the worst financial crisis in agency history.”
By Sidnee King and Emine Yücel Medill Reports On a snowy day in mid-March, Sandra Wilkins had a meltdown in the parking lot of the Saranac Lake Free Library. Bundled in hats and mittens and cramped in a grey 2009 Honda Accord, Wilkins and her two children were racing to finish the day’s work while […]
By Richard Foster-Shelton Medill Reports Madison Square Garden Co. (NYSE:MSG), based in New York City, reported healthy increases in revenues and net income, exceeding analysts’ expectations, for the second quarter ended Dec. 31. Helped by a tax benefit, the company reported net income of $189.6 million, or $7.96 per diluted share, up from $57.7 million, […]
By Alexandra Whittaker When most major fashion designers create their looks for New York Fashion Week, they have a specific idea or theme in mind. But this year, design powerhouse Carolina Herrera decided to go in a different direction. Herrera’s fall/winter 2016 ready-to-wear collection, shown at The Frick Collection’s tranquil garden courtyard in New York […]
By Tim Rosenberger The decision to move production of the gold Oscar statuettes to New York after 34 years at Chicago manufacturing company R.S. Owens & Company was amicable, will not hurt the company’s business and R.S. Owens even helped in the transition, said Joseph Petree, R.S. Owens’s design director.