New York state is moving closer to legalizing recreational marijuana. If it does, it will create a new marketplace. State and local lawmakers are considering ways to make sure that small business-owners, especially people of color, will be able to compete with large corporations. Moira Warburton explores one proposed solution. SOUND 1: Music, chatter (play […]
For small businesses, New York can be a city of unique challenges and opportunities. For bookstores, those challenges can be overwhelming. In the 50s, there were almost 400 bookstores in Manhattan. Now, less than quarter of that number remain. Stores are hoping to leverage the loyalty of their communities to survive. SCRIPT: GIACOBONE: Book Culture […]
HOST INTRO: Tech company Amazon broke up with Long Island City on Valentine’s Day. But some New Yorkers, including Governor Andrew Cuomo, are still trying to salvage the relationship. For the past two weeks, Cuomo has been calling Amazon CEO Jeff Bezos to try to woo back HQ2, the New York Times […]
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.
HOST INTRO: Now, we have a story about supply and demand. And…beer. Upstate New York was once the biggest grower of a little crop called hops–the ingredient that gives beer its flavor. Recently, the state has been trying to revitalize this century old industry by encouraging craft brewers to buy from local farmers. The […]
Thousands will stream into the Javitz Center this week for the New York International Auto Show, which begins today. It’s the oldest and largest show of its kind in the country. And as Adrian Ma explains, the big takeaway from the show is that the SUV is making a comeback.
Every year around this time, tens of thousands of New York teenagers enter the lottery. And no, I’m not talking about Powerball. Instead, it’s the Summer Youth Employment Program. Applications for the city-funded internship program opened this week. And if this year’s lottery is like the last, over half the young adults who apply won’t get in. Now though, a growing chorus of advocates and city officials are working to change that. Adrian Ma has the details.
The Super Bowl is over, but the controversy around football-related concussions is still growing, especially in world of youth football. According to the Sports & Fitness Industry Association, participation in youth tackle football has dropped almost 20% in the last several years. And while you might think this would be bad for the BUSINESS of football, ONE part of the industry might BENEFIT from what some call the sport’s “concussion crisis.”
This morning the city gave an update on all the new developments taking place throughout the borough that aim to induce economic growth.
Among the projects discussed was City Point, a new mall opening in downtown Brooklyn in early 2016. It and other developments have businesses across the borough worried. Alistair Gardiner reports.
Etsy sellers are nervous that there may be changes when the company goes public.