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Share to Twitter Share to Linkedin At the turn of the century, New York served as the epicenter of America’s Gilded Age. Those who have seen the period drama know that city socialite Caroline Astor hosted lavish parties at her Fifth Avenue mansion. One of her five children, Colonel John Jacob “Jack” Astor IV, went on to become one of the wealthiest men in America. He pursued the family business, including the development of grand hotels, and in so doing, left travelers 118 years later with a glimpse of a bygone era at The St. Regis New York . The French Beaux-Arts style hotel debuted on September 4th, 1904. Some historians consider the inn for the upper crust the apogee of Astor’s career. Unfortunately, his life was cut short at 47. He died in the sinking of the RMS Titanic in 1912, though not before helping his young, pregnant wife escape on a lifeboat. Writers often recount this story in profiles of the hotel, though I choose to mention it not … [Read more...] about The Gilded Age For Modern Travelers: What It’s Like To Stay At The St. Regis New York

(Representative image) For much of the pandemic, one way that the city has tried to slow the coronavirus’s spread is by offering free hotel rooms to infected people who cannot easily isolate themselves from those they live with. But the sheer number of people who are sick with the omicron variant may be overwhelming the hotel program — both for the general public and another for people in homeless shelters. Inside one Brooklyn shelter this week, 11 women who had tested positive for the virus were crowded into a small room furnished with only a few mattresses on the floor and several chairs, two of the women said. Three people who tried to take advantage of the main hotel-quarantine system said Thursday that they either had waited days before getting a room, given up and paid for one themselves, or been stuck on hold for hours on a city hotline without anyone ever picking up. Others have posted messages on Twitter about their own long waits. “I requested a hotel over 5 … [Read more...] about Omicron Is Overwhelming New York’s Quarantine Hotel System

Share to Twitter Share to Linkedin New Yorkers have never wanted for Italian specialties shops, but New Yorkers have never seen anything quite like the new Harry’s Table by Cipriani (hereafter HTC), outside of the stunning, long-lived PECK in Milan, and far more appealing than the touristy New York EATALY stores. In its breadth of space alone—28,000 square feet—HTC sets an unhurried pace, and, while sometime in the future it may be jammed, for the moment the eight-week-old market is a civilized pleasure to visit, shop in and eat at. HTC is located at ground level in the dwarfing, monolithic Two Waterline Square, near Lincoln Center, from which it currently draws most of its clientele. Since parking (outside of an expensive lot) is almost impossible, dropping by for those who do not live in the area will require you take a taxi or car service. The sprawling food market is the first by the Cipriani family, whose legendary history dates back to 1931, … [Read more...] about Harry’s Table By Cipriani Makes Market Shopping Chic On New York’s Upper West Side

Windmill wants to solve one of summer’s most intractable problems: the blight of ugly air conditioners. The New York-based startup launched in 2020 with a 10,000-person waitlist for its $415 smart AC, a sleek window unit that has more in common, design-wise, with Apple’s HomePods than the hulking air conditioners of yore. The first run of units sold out within 48 hours. advertisement advertisement This April, Windmill’s wifi-enabled air conditioners got a mini makeover with the reveal of a smaller $365 unit —a 6,000-BTU AC that cools up to 250-sq ft., which makes it ideal for a city apartment or office space. (Compared to the original 8.3k BTU $415 unit that we reviewed last year.) The line expansion arrives alongside the announcement of a $10 million fundraising round and the addition of Walmart to the direct-to-consumer brand’s list of big-box retailers, which already includes Home Depot and P.C. Richard & Son . Founded by Ryan … [Read more...] about Need a new AC? This smart air conditioner is powerful and efficient

George Soros’s investment firm bolstered its stakes in Amazon.com Inc, Salesforce Inc and Alphabet Inc, among other large technology companies. (File pic by Reuters) - A + A (Aug 13): Soros Fund Management increased its holdings of big tech stocks ahead of their sharp rally in recent weeks, while adding more than US$200 million in shares of American Campus Communities Inc. George Soros’s investment firm bolstered its stakes in Amazon.com Inc, Salesforce Inc and Alphabet Inc, among other large technology companies. All three rank among its top 10 holdings as of the end of June, according to a regulatory filing Friday. The New York-based firm also added a new US$20 million position in Elon Musk’s Tesla Inc, though that represents only about 0.4% of Soros’s US$4.6 billion US equities portfolio, which fell US$664 million in the second quarter. Other new additions included US$168 million of Alleghany Corp stock and US$201.5 million in shares of American Campus, which … [Read more...] about Soros reloads on big tech with Amazon, Google and new Tesla bet

Share to Twitter Share to Linkedin Every season, Paris sees a whole new batch of hotels open their doors, which can make it hard to keep up. These last few months, the French capital has welcomed offshoots of international big hitters, including a Bvlgari hotel with a sense of service that'll be hard for other properties to match, and a first urban property for Cheval Blanc. Revamps of the Saint James chateau-hotel and historic Lancaster have also made it onto the list, as well as openings of smaller boutique hotels for explorers looking to put a different spin on the city. Bvlgari Hotel Paris About as haute as it gets, the Bvlgari Paris opened earlier this year, joining locations across the world from Bali to London. Sporting a seriously sleek look that screams Italian glamor without so much as a hint of rococo, the brand, that is set to continue its expansion on home ground in Rome, Tokyo and Los Angeles, has discreetly glided into the top spot when it … [Read more...] about Inside Paris’ New Crop Of Chic Hotels: 8 Places To Stay

Source: Reuters Several Chinese state-owned companies including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) announced plans on Friday to delist from the U.S. stock market. The companies, which also include Aluminium Corporation of China (Chalco) (601600.SS) and PetroChina (601857.SS), said in separate statements that they would apply for delistings of their American Depository Shares from the New York Stock Exchange (NYSE). The four will keep their listings in Hong Kong and mainland Chinese markets. "These companies have strictly complied with the rules and regulatory requirements of the U.S. capital market since their listing in the U.S. and made the delisting choice for their own business considerations," the China Securities Regulatory Commission (CSRC) said in a statement. China and the United States have been in talks to resolve a long-running audit dispute that could result in Chinese companies being kicked off American exchanges if they … [Read more...] about Four Chinese state-owned companies to delist from NYSE

In this frame grab from a video courtesy of Horatio Gates recorded on August 12, 2022, Salman Rushdie is seen being loaded onto a medical evacuation helicopter near the Chautauqua Institution after being stabbed in the neck while speaking on stage in Chautauqua, New York. – Rushdie, whose controversial writings made him the target of a fatwa that forced him into hiding, was stabbed in the neck by an attacker on stage Friday in western New York state, according to New York State Police. The attacker is in custody. (Photo by Handout / AFP) New York, United States — British author Salman Rushdie, whose writings have made him the target of Iranian death threats, underwent emergency surgery Friday after an assailant stabbed him in the neck at a literary event in New York state. Police said a male suspect stormed the stage and attacked Rushdie and an interviewer, with the writer suffering “an apparent stab wound to the neck.” Rushdie was rushed by helicopter to a hospital and taken … [Read more...] about Salman Rushdie in surgery after being stabbed onstage

- A + A HONG KONG (Aug 12): Five of China's largest state-owned companies have announced plans to delist from US exchanges as the two countries struggle to come to an agreement allowing American regulators to inspect audits of Chinese businesses. China Life Insurance Co, PetroChina Co, and China Petroleum & Chemical Corp all disclosed their intentions to delist in statements published in quick succession on Friday, along with Aluminum Corp of China and Sinopec Shanghai Petrochemical Co. The US and China have been at odds for two decades over allowing American inspectors access to the audit work papers of Chinese companies. Negotiators have yet to hammer out an agreement with the clock ticking on a congressionally imposed deadline of 2024 to kick off businesses that do not comply. Mainland China and Hong Kong are the only two jurisdictions worldwide that do not allow inspections by the Public Company Accounting Oversight Board (PCAOB), with officials there … [Read more...] about China state-owned giants to delist from US amid audit spat

An officer from the New York City Police Department (NYPD) stands guard inside Trump Tower, after former U.S. President Donald Trump said that FBI agents raided his Mar-a-Lago home in Palm Beach, Florida, in Manhattan, New York City, New York, U.S., August 12, 2022. REUTERS/Andrew Kelly FBI agents who searched former President Donald Trump’s Mar-a-Lago home in Florida this week removed 11 sets of classified documents including some marked as “top secret”, the U.S. Justice Department said Friday while also disclosing it has probable cause to believe he violated the Espionage Act. The bombshell disclosures were made in legal documents released four days after FBI agents carried out the search of Trump’s residence based on a warrant approved by a federal magistrate judge. The Justice Department told U.S. Magistrate Judge Bruce Reinhart in its warrant application that it had probable cause to believe that Trump violated the Espionage Act, a federal law that prohibits the possession … [Read more...] about FBI removed ‘top secret’ documents from Trump’s home, US gov’t says