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Financial Services

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New Fitness Trend Stretches Into Hudson Valley New Fitness Trend Stretches Into Hudson Valley
New Fitness Trend Stretches Into Hudson Valley If you need a good stretch, a new business coming to the Hudson Valley can help. StretchLab, an assisted stretching franchise, will host a grand opening for its first studio in Rockland County in Nanuet on Friday, Oct. 25, and Saturday, Oct. 26.  Located at 17 N Middletown Road, the studio will introduce people of all ages and fitness levels to the health and wellness benefits of working with flexologists in a modern and approachable environment. Nanuet entrepreneur Sagar Pendse owns the new business. Before his journey into business ownership, Pendse had worked in financial services …

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by Kathy Reakes
Business
Goldman Sachs To Fire Over 1,300 Workers, Report Says Goldman Sachs To Fire Over 1,300 Workers, Report Says
Goldman Sachs To Fire Over 1,300 Workers, Report Says New York City-based multinational investment bank and financial services company Goldman Sachs plans to lay off over 1,300 employees, according to a report by The Wall Street Journal. The move is part of an annual review process that culls low performers, the report said, noting the numbers of those getting fired may wind up being as high as 1,800 out of the company's global workforce of around 45,000. The layoffs have already started and will continue through the fall, according to the report. Click here to read the complete Wall Street Journal report.

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by Joe Lombardi
News
$2M Scheme: 3 NYers Among 4 Nabbed For Defrauding Company, Feds Say $2M Scheme: 3 NYers Among 4 Nabbed For Defrauding Company, Feds Say
$2M Scheme: 3 NYers Among 4 Nabbed For Defrauding Company, Feds Say Four men have been accused of creating hundreds of fictitious brokerage accounts in defrauding a financial services company of more than $2 million. They have pleaded guilty in federal court in Central Islip to money laundering conspiracy in connection with the scheme involving the global financial services firm based in Menlo Park, California, which is located near San Francisco. Three of the four are Long Island residents: Edward Hernandez, also known as “Ghost,” age 33, of Lindenhurst; Christopher Flagg, also known as “Venus," age 28, of Copiague; Daquan Lloyd, also…

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by Joe Lombardi