One of the world’s biggest tourist bus firms is facing a multi-million dollar lawsuit over alleged anti-competitive behaviour, including blocking customers of a rival tour buses operator from the Empire State Building and 9/11 memorial. From its Victoria headquarters, the Big Bus Company, which is 15% owned by FTSE 250 giant and Legoland owner Merlin Entertainment, has grown into one of the world’s biggest sightseeing bus operators. But a smaller rival in the US has filed court documents alleging it, alongside rival operator Gray Line, has “improperly prevented” Go New York Tours from selling its tickets via hotel concierges and colluded to stop some of NYC’s biggest tourism attractions from working with Go New York Tours’ multi-attraction pass. The lawsuit claims Big Bus, which is majority owned by Soho-based, Quorn-owning private equity house Exponent, and Gray Line tried to “diminish the value and competitiveness of Go New York’s … [Read more...] about Tourist giant Big Bus sued in row over New York sites
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State prosecutors in New York are using Michael Cohen’s congressional testimony to guide them as they investigate whether President Donald Trump committed a variety of financial crimes as he built his vast real-estate empire. The Washington Post on Thursday published a lengthy look at how Trump went about inflating and deflating the value of his assets for insurance and tax purposes. After Cohen testified to Congress, New York authorities and congressional investigators sent subpoenas and document requests to Trump’s insurance provider, financial institutions, and more. Meanwhile, federal prosecutors in the New York City boroughs of Manhattan and Brooklyn are known to be investigating Trump’s business dealings before the election and his inaugural committee, respectively. New York law is known to be tough on financial crime, and experts say the state – not the Russia investigation – poses the greatest legal threat to Trump’s businesses and … [Read more...] about Trump said investigating his finances would be a ‘red line.’ New York prosecutors are about to cross it.
Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | Firm That Sold Social Media Bots Settles With New York Attorney General Supported by ByNicholas Confessore Jan. 30, 2019 Letitia James, the attorney general of New York, announced a settlement on Wednesday with Devumi, a company that sold hundreds of millions of fake followers on Twitter and other social media platforms before going out of business last year. The settlement is one of the first major efforts by regulators and law enforcement officials to investigate the shadowy market of social media fraud, where armies of fake accounts are sold to businesses, politicians and celebrities seeking the appearance of influence. Ms. James’s investigation was prompted last year by a New York Times report that detailed how Devumi — then based in Florida — had earned millions of dollars … [Read more...] about Firm That Sold Social Media Bots Settles With New York Attorney General
Legal A prestigious New York law firm admitted to misleading the Justice Department about its work with Paul Manafort on behalf of the Ukrainian government and agreed to hand over nearly $4.7 million in a settlement made public Thursday. Manafort — President Donald Trump's former campaign chief, who pleaded guilty last year to charges related to his work in Ukraine — helped the Ukrainian government hire Skadden, Arps, Slate, Meagher & Flom in 2012.Story Continued Below The law firm produced a report on the prosecution of former Ukrainian Prime Minister Yulia Tymoshenko. Her imprisonment had led to international condemnation of Viktor Yanukovych, the Ukrainian president at the time and Manafort’s patron. When the report was finished, a Skadden partner reached out to a “national newspaper” to set up a call with a lobbyist for Ukraine, according to the settlement. But when the Justice Department sought to determine whether the firm needed to register … [Read more...] about Law firm that worked with Manafort in Ukraine admits to misleading DOJ
New York just became the first city in the nation to cap the number of ride-sharing vehicles and require Uber, Lyft, and other companies to pay drivers a minimum rate. Regulatory changes in New York City, Uber's largest US market, could provide a model for other cities eager to rein in ridesharing firms that have increased congestion even as they've revolutionized transportation. The package of bills approved Wednesday by the New York City Council calls for, among other things, a one-year freeze on new for-hire vehicle licenses as the city explores ways of reducing traffic congestion. It also ensures that rideshare drivers earn at least $17.22 per hour. Supporters of the law, including Mayor Bill de Blasio, said it will ease gridlock and improve wages. But critics said it will make it harder, and more expensive, to get around. "These sweeping cuts to transportation will bring New Yorkers back to an era of struggling to get a ride, particularly for communities of color and in the … [Read more...] about New York just capped the number of Uber, Lyft vehicles in the city