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CNBC
Massapequa, NY
Lifestyle
Most Expensive States: Here's Where NY Ranks, New Report Says
A new ranking by CNBC has found that both New York and Massachusetts are part of the top 10 most expensive states to live in. The CNBC report, which was published on Friday, July 12, used an index of prices for a broad range of goods and services, which was calculated by the Council for Community and Economic Research (C2ER), alongside housing affordability and the cost to insure a median-priced home, to determine the list of spendy states. New York, which ranked in ninth place (tied with Florida, Rhode Island, and Washington), earned a grade of D- from CNBC’s “Top States for Business 202…
Englewood, NJ
Police & Fire
Update
: Video Shows NJ Man Tapping On Car Window, Then Stabbing Woman At CNBC HQ: Police
UPDATE: Surveillance cameras at CNBC corporate headquarters in Bergen County captured images of a Middlesex County man stabbing a woman in the parking lot, authorities said. The 30-year-old victim was leaving the Sylvan Avenue (Route 9W) facility shortly after 5:30 p.m. Friday, June 14, when Harshkuma H. Patel, 29, of Piscataway, approached her in the parking lot, Bergen County Prosecutor Mark Musella said. The accused assailant, who 'd previously been seen hanging around the area, tapped on the woman's car window in the CNBC parking lot, sources said. The victim, who didn't know Patel, op…
Englewood, NJ
Police & Fire
Gotcha
! Authorities Nab Accused Assailant, Police Rescue Stabbing Victim At CNBC HQ Lot
UPDATE: Authorities captured a man who stabbed a woman in the parking lot of CNBC corporate headquarters in Englewood Cliffs, Bergen County Prosecutor Mark Musella announced. The 30-year-old victim was leaving the Sylvan Avenue (Route 9W) facility shortly after 5:30 p.m. Friday, June 14, when Harshkuma H. Patel, 29, of Piscataway, approached her in the parking lot, the prosecutor said. The accused assailant, who 'd previously been seen hanging around the area, tapped on the woman's car window in the CNBC parking lot, sources said. The victim, who didn't know Patel, opened the window, …
White Plains, NY
Business
McDonald's To Launch Value Meal Deal: Here's When It Starts
McDonald's plans to offer a $5 value meal to lure back dollar-conscious customers. The one-month promotion starts on Tuesday, June 25, according to CNBC, which first reported the news. It will include a McChicken or McDouble sandwich, four-piece chicken nuggets, fries, and a drink, the outlet reports. "We know how much it means to our customers when McDonald's offers meaningful value and communicates it through national advertising," McDonald's said in a statement to CNBC. "That's been true since our very beginning and never more important than it is today." Click here to read …
White Plains, NY
News
JetBlue Cuts Certain Flights From Westchester County Airport, Report Says: Here's Which Ones
As part of an adjustment process to increase profits, JetBlue Airways will be cutting certain flights from Westchester County Airport, according to a report by CNBC. The airline announced that it would be cutting flights between Westchester Airport and Martha's Vineyard in an internal memo that also detailed similar adjustments regarding other airports, according to a CNBC report from Friday, Jan. 19. The cuts were made as part of the airline's effort to return to profitability following its failed plan to buy Spirit Airlines, which was blocked by a court decision on antitrust grounds…
Newark, NJ
Legal
Former NFL Great From NJ Al 'Bubba' Baker Battles It Out With 'Shark Tank' Star Daymond John
The dismissal by a federal judge in Newark of a complaint by a former Garden State-grown NFL star against “Shark Tank” regular Daymond John hasn’t slowed an ongoing battle between them. John is seeking both a temporary restraining order and a preliminary injunction against Al “Bubba” Baker and his daughter, Brittani, to stop them from trashing him over what they say has been a “nightmare” experience since their appearance on the ABC reality show. The Bakers -- including Bubba's wife, Sabrina -- contend that John and some of his cronies fleeced them after they cut a deal on “Shark Tank” to …
White Plains, NY
Lifestyle
Spoiler Alert: That Really Is Westchester Airport In Latest Episode Of HBO's 'Succession'
Is your jaw still on the floor from that shocking "Succession" twist on Episode 3 of Season 4 on Sunday night, April 9? Well get ready to be stunned again: That wasn't actually Teterboro Airport in New Jersey, despite what was stated during the episode. The hit HBO show follows a feuding family attempting to gain control of a massive corporation and it features plenty of backstabbing and duplicity. Who knew it also applied to airports? The latest episode used the Bergen County airport as a key plot point for more scheming and skullduggery: The scenes at Teterboro Airport were actuall…
Ridgefield Park-Hasbrouck Heights, NJ
Lifestyle
That Wasn't Really Teterboro Airport On HBO's 'Succession'
Is your jaw still on the floor from that "Succession" twist? Well get ready to be stunned again: That wasn't actually Teterboro Airport. The hit HBO show — much of which occurs in New Jersey — follows a feuding family attempting to gain control of a massive corporation and it features plenty of back stabbing and duplicity. Who knew it also applied to airports? The show's Sunday, April 9 episode used the popular Bergen County airport as a key plot point for more scheming and skullduggery: The scenes at Teterboro Airport were actually shot at Westchester County Airport in White Plains, accord…
Paterson, NJ
Business
NJ Baker Who Skipped College, Pulled Six Figures As Teen Now Makes Cakes For Celebs
"A complete disaster" were the words custom cake shop owner Justin Ellen used to describe the first cake he ever made just seven years ago. Self-taught and inspired by baking shows on YouTube, the Passaic native didn't start with a simple, single-tiered cake. No, Ellen went big: Three tiers. Ellen was less than pleased with his results, time and time again, but he learned far more than he lost and, eventually, the success he saw was beyond his wildest dreams. At 16, Ellen launched his business, "Everything Just Baked." He missed out on prom and high school graduation to film "Is It Cake?…
New Rochelle, NY
Lifestyle
'Jay Leno's Garage' Canceled, Ends New Rochelle Native's 30-Year-Run On
Nbcu
niversal
As popular comedian Jay Leno recovers from a motorcycle crash, CNBC is canceling a television show focusing on his classic car collection. Earlier Report - Jay Leno Breaks Bones In New Incident Involving Classic Vehicle "Jay Leno's Garage," which has been on the air since 2015, will be canceled by the network, ending the former Tonight Show host's 30-year-run of having a show on an NBC channel, according to multiple reports. The reality show, which features Leno's classic car collection and also includes interviews with famous guests, was canceled after a large schedule shift at CNBC, …
Jersey City, NJ
News
NJ Crypto Lender BlockFi Files For Bankruptcy
New Jersey-based cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy. The company, headquartered on Montgomery Street in Jersey City, in a statement said it will "focus on recovering all obligations owed to BlockFi by its counterparties," including the now-bankrupt Bahamian cryptocurrency exchange. BlockFi also said it expects a delay in recoveries from FTX. Acting in the best interest of our clients is our top focus and continues to guide our path forward. Chapter 11 is a transparent process and we will continue to communicate with our clients to ensure they hear directly…
Massapequa, NY
Business
Amazon Plans To Lay Off Around 10,000 Employees, Report Says
A week before the holiday shopping season officially kicks off, Amazon is set to begin laying off approximately 10,000 corporate and technology employees, The New York Times reports. Job cuts at the online retail giant were expected to start the week of Monday, Nov. 14, and will primarily affect Amazon’s retail, devices, and human resources divisions, according to the outlet. The largest in its history, the layoffs would impact 1 percent of the company’s global workforce and 3 percent of its corporate employees. It follows several other cost-cutting moves that CEO Andy Jassy has implemente…
Brentwood, NY
Lifestyle
These NY Zip Codes Among Top 10 Most Expensive In US, New Report Says
Four zip codes in the Northeast rank in the Top 10 for most expensive in the United States, according to a brand-new report. The rankings, published by CNBC, were determined by median home sale prices. Three of those four zip codes are on the east end of Long Island, led by No. 2 Sagaponack (11962), which the report says has a median home sale price of $6,972,500, behind only No. 1 Atherton, California (94027), which is $9 million. The other zip codes in the Hamptons making the Top 10 were Water Mill (11976) and Bridgehampton (11932). The other Northeast zip code on th…
Greenburgh, NY
Business
Facebook Parent Company Meta Laying Off More Than 11,000 Workers
Meta, the parent company of Facebook, has just announced it is laying off more than 11,000 employees, about 13 percent of its workforce. "Today I’m sharing some of the most difficult changes we’ve made in Meta’s history," CEO Mark Zuckerberg began in a letter to employees Wednesday morning, Nov. 9. "We are also taking a number of additional steps to become a leaner and more efficient company by cutting discretionary spending and extending our hiring freeze through Q1 (the first quarter). "I want to take accountability for these decisions and for how we got here. I know this …
New Canaan, CT
Real Estate
'Nothing Else Like It': $14.9M Estate Poised To Break Local Record In New Canaan
An estate that was listed for sale earlier this year is the most expensive property on the market in a Fairfield County town, according to a new report from CNBC. Orchard's End, located in New Canaan, at 544 Oenoke Ridge is listed for sale at $14.9 million. The property's listing agent said she believes the sale of the property will beat the current record of the most expensive home sold in New Canaan, CNBC reported. The record is currently held by a mansion sold for $14.3 million in 2014, the news outlet said. “It’s the crown jewel of New Canaan built with the highest quality mate…
White Plains, NY
Lifestyle
These Are Four Types Of Rich People, Plus Their Top Habits, New Report Reveals
They say if you want to be rich, you’ve got to think like a rich person. Tom Corley, an accountant and financial planner, recently interviewed 225 millionaires as part of a five-year “Rich Habits” study and outlined his findings in a new report for CNBC. Corley said of all the people he interviewed, each one fell into one of four categories in how they approach money-making. Categories of Millionaires The first category is the Saver-Investors, people who make it a habit to save and invest their money. Corley said these people are constantly thinking about smart ways to grow their wealth.…
Newark, NJ
News
'Fierce And Fearless' Media Critic Eric Boehlert ID'd As Bicyclist Killed By NJ Transit Train
A media critic and trusted journalist has been identified as the bicyclist struck and killed by a train early this week in Montclair, news reports say. Eric Boehlert, 57, was struck by Montclair Boonton Line Train 1087 just before Watchung Avenue Station around 9:40 p.m., according to his wife, Tracy Breslin, and NJ Transit officials. .@EricBoehlert’s death is terrible news. I’m devastated for his family and friends and will miss his critical work to counteract misinformation and media bias. What a loss. — Hillary Clinton (@HillaryClinton) April 6, 2022 Soledad O'Brien remembered Boehl…
Massapequa, NY
Politics
Cuomo Considering Primary Run Against Hochul, New Report Says
Former New York Gov. Andrew Cuomo could become his successor’s greatest threat in a Democratic primary as he reportedly mulls a run to reclaim his seat in Albany. Cuomo is reportedly contemplating a run against currently Gov. Kathy Hochul as he continues his comeback after being forced to resign following a probe by the New York Attorney General into sexual harassment allegations against him. According to a CNBC report, Cuomo has been busy hitting the phones, reaching out to supporters about a potential gubernatorial run against his former top lieutenant. Meanwhile, his aides have been cond…
Glen Burnie, MD
Business
Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil
The Russian invasion of Ukraine is expected to cause a flux in the markets, sending the prices of energy and certain agricultural products through the roof as supply chains are further disrupted. Experts are expecting oil and gas prices to spike due to the European crisis, though some of Russia and Ukraine’s largest exports are expected to impact costs for other products overseas and stateside. Officials said that outside of energy, the price of products such as wheat, barley, corn, copper, and nickel are likely going to be on the rise as supply chains already impacted by the COVID-19 pande…
Greenwich, CT
Lifestyle
Here's Percentage Of Americans Living Paycheck To Paycheck, New Study Reveals
A new report has revealed the percentage of Americans who are living paycheck to paycheck. As of this past December, 61 percent of the population in the United States was living paycheck to paycheck, according to a collaborative report from PYMNTS and LendingClub. According to the February report, that's an increase of 7 percent compared to May. CNBC reported that rising wages have been unable to keep up with the increasing cost of living. The LendingClub report also found that 54 percent of Baby Boomers and seniors in the study reported that they were living paycheck to paycheck.
Greenwich, CT
Business
Proctor & Gamble Plans Price Hikes For These Products
Proctor & Gamble plans to raise prices on some of its products, according to a new report. CNBC reported last week that the company has announced plans to raise prices on fabric care products, such as Tide detergent, and certain personal health care products. The rise in prices of fabric care products is set to take effect on Monday, Feb. 28, and the rise in prices for personal health care products will take place in April, CNBC reported. The news outlet said P&G has already raised prices across 10 other product categories. CNBC said the decision was made as inflation rates increa…
Brentwood, NY
News
Covid-
19: Pfizer CEO Announces When Vaccine Targeting Omicron Variant Will Be Ready
A vaccine targeting the highly transmissible Omicron COVID-19 variant could be on the way from Pfizer. On Monday, Jan. 10, Pfizer CEO Albert Bourla said that booster targeting Omicron will be ready as soon as March, as the company has already begun ramping up production of the doses. “This vaccine will be ready in March,” Bourla told CNBC’s “Squawk Box.” “We (are) already starting manufacturing some of these quantities at risk.” Related story - COVID-19: Fauci Offers New Prediction On When Omicron Wave May Break The vaccine will not exclusively target Omicron, but will also be able to fig…
Brookfield, CT
News
Covid-
19: Fauci Predicts When Omicron Surge Will Peak In US
Dr. Anthony Fauci has shared his prediction for when the ongoing surge in COVID-19 cases fueled by the Omicron variant will reach its peak in the United States. The prediction comes as new COVID-19 cases soar across the country, reaching record levels in recent daily updates. “I would imagine, given the size of our country and the diversity of vaccination versus not vaccination, that it likely will be more than a couple of weeks, probably by the end of January, I would think,” Fauci said on CNBC’s “Closing Bell” when asked when the latest coronavirus surge will start to wane. Fauci no…
Towson, MD
News
COVID Boosters Are Key In Protecting Against Omicron Variant, Experts Say
So you had COVID-19. Then you got vaccinated. But now you're feeling sick and you're wondering if it's the Omicron variant. It very well could be -- if you don't have your booster shot, new research finds. The new, highly-contagious variant is expected to "rip right through the population" and will be worse for those who are vaccinated and not boosted, world-renowned virologist and Columbia University professor Dr. David Ho said in an interview with CNBC. Ho said that those who have booster shots are far less likely to experience COVID-19 symptoms. Moderna said Monday citing lab find…
Harrison, NY
Business
Covid-
19: Google Workers Who Don't Comply With Vaccine Rules Will Be Fired, Report Says
Employees at Google have been informed that they will be fired eventually if they don't comply with the company's COVID-19 vaccine rules, according to a new report from CNBC. The news outlet reported that a memo by company leaders said Google employees need to show proof that they're vaccinated or apply for a religious or medical exemption by Tuesday, Jan. 18, or they will be put on paid administrative leave for 30 days, followed by unpaid personal leave which could ultimately lead to termination. CNBC said the Biden administration ordered companies with at least 100 employees to make sure …
Rivertowns, NY
News
Covid-
19: Fourth Shot May Eventually Be Needed, Pfizer Says
The CEO of Pfizer said in an interview that he believes a fourth COVID-19 vaccine dose will eventually be needed. Albert Bourla said on CNBC that real-world data will help determine how well three doses of the vaccine protect against the Omicron variant and how long protection lasts. "And the second point, I think we will need the fourth dose," Bourla told CNBC on Wednesday, Dec. 8. "I’ve said that multiple times. With the previous, I was projecting that that will be on 12 months after the third dose. With Omicron, we need to wait and see because we have very little informat…
Stamford, CT
Lifestyle
AMC To Sell Popcorn Outside Of Movie Theaters
AMC Theatres is gearing up to begin selling its popcorn in stores across the United States next year, according to a new report. CNBC reported on Thursday, Nov. 4, that the movie theater chain will begin selling prepackaged microwaveable popcorn in supermarkets and convenience stores. AMC plans to open 15 popcorn retail stores before 2023, the news outlet reported. The stores will offer traditional popcorn, along with gourmet flavors and candy, CNBC reported. Read the full report from CNBC here.
Stamford, CT
News
American Airlines Passengers Fume Over 1,500 Canceled Halloween Weekend Flights
American Airlines passengers fumed after nearly 1,500 flights were canceled over Halloween weekend. Airline officials cited high winds and staffing conditions at the Dallas/Fort Worth International Airport, according to a staff note sent Saturday by COO David Seymour obtained by CNBC. Related story: Flight From NY Makes Emergency Landing After Passenger Assaults Flight Attendant Wow @AmericanAir, stranded overnight in ORD last min cancel but issue known well known in advance. 3.5hr 📞 now will be here for days!! Can’t even go back to NYC. Challenge accepted United/Delta! After 30yr …
Middletown, NJ
News
American Airlines Passengers Fume Over 1,500 Halloween Weekend Flight Cancellations
American Airline passengers fumed on Twitter Sunday, after nearly 1,500 flight cancellations made over Halloween weekend. Airline officials cited high winds and staffing conditions at the Dallas/Fort Worth International Airport Thursday, according to a staff note sent Saturday by COO David Seymour obtained by CNBC. Wow @AmericanAir, stranded overnight in ORD last min cancel but issue known well known in advance. 3.5hr 📞 now will be here for days!! Can’t even go back to NYC. Challenge accepted United/Delta! After 30yr with AA this is the end… #totalfail #AmericanAirlines #hell pic.twitte…
North Salem, NY
Schools
Covid-
19: College Enrollment Saw Biggest Two-Year Drop In Half A Century
Student enrollment in colleges across the United States continues to decline with no signs of recovery from the COVID-19 pandemic-related decline in 2020, according to a new report. This year's fall undergraduate enrollment numbers were down 3.2 percent nationwide, National Clearinghouse Student Research Center said in a report on Tuesday, Oct. 26. The previous fall, enrollment fell by 3.4 percent, the research center said. According to CNBC, this is the largest two-year enrollment drop the country has seen in 50 years. While undergraduate enrollment fell across all sect…
White Plains, NY
News
Southwest Cancels 1,800-Plus Weekend Flights, Citing Air Traffic Control Issues, Weather
Southwest Airlines has canceled more than 1,800 of its flights this weekend, citing bad weather and air traffic control issues. According to a report from CNBC, the airline canceled 1,000-plus flights on Sunday, Oct. 10, after canceling 808 on Saturday, Oct. 9. "ATC issues and disruptive weather have resulted in a high volume of cancellations throughout the weekend while we work to recover our operation," the airline tweeted on Saturday. "We appreciate your patience as we accommodate affected Customers, and Customer Service wait times are longer than usual." ATC issues and disruptive w…
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