Engagement rings are one of the most expensive purchases many people make, and that cost is driven by one thing – the diamond. Until recently, all jewelry grade diamonds came from mines in places like Russia and South Africa. But those mines have a new competitor: science.
Normally, tourists hoping to get an ariel view of the city skyline can catch a ride on a helicopter tour. But starting this weekend, the choppers will be barred from flying on Sundays. It’s part of deal the city struck with tour operators to cut flights in half by next year. And while the city says it’s a compromise between local residents and business, Adrian Ma explains why no party involved is buzzing with enthusiasm over the deal.
In late March, a group of taxis filed a lawsuit against the city of New York, claiming that the TLC has been letting Uber operate illegally. Uber arrived in the city in 2011 and some say that it is slowly destroying the yellow taxi business. But is this entirely true?
The International New York Auto Show starts today, at the Javits Convention Center.
One category trying to get attention is electric cars. Lots of new cars are being displayed there. Some companies have decided to show their latest environment-friendly cars, even though electric cars’ sales in the US are not taking off.
Gregoire Molle reports.
The Bureau of Labor Statistics released the March jobs report this morning, revealing a slowdown in hiring much larger than anticipated. Only 126,000 jobs were added — about half of what economists were predicted. The good news is hourly earnings rose slightly, beating expectations. That indicates the labor market is tightening — to attract employees, businesses have to pay more. Today, Miriam Sitz started her morning at a restaurant in Harlem to see how jobs report numbers play out in real life. She went to McDonald’s on 125th and Broadway.
CHAVA: The Federal Aviation Administration – or F-A-A – has been loosening restrictions for commercial use of drones. Last week it gave retail giant Amazon permission to test drones to deliver packages. The agency is also considering new rules that would let other companies use drones as well. CAMILLE: Some drone entrepreneurs and […]
HOST INTRO: AirBnb – the site that helps people rent a bedroom or apartment on a short-term basis – is fighting a subpoena that could force it to hand over details on it’s most active users. New York Attorney General Eric Schneiderman is alleging that many of these listings may violate state law. But as Chris Mossa […]
HOST INTRO: The world’s most popular sporting event will be held in Brazil in less than 6 weeks. But preparations are over-budget and behind schedule. Marie Shabaya reports. ——— Brazil needed to build 5 new stadiums, refurbish 7 others, and expand 12 airports across the country for the World Cup this summer. Construction has already […]
Industry analysts say Amazon is getting ready to roll out its grocery delivery service, Fresh, to New York at some point this year. That, paired with a new device that makes it easier for customers to shop online, is set to disrupt the city’s grocery market.