Cavernous NYC restaurant Aqua — featuring 70-foot sushi bar — joins booming Flatiron corridor

Cavernous NYC restaurant Aqua — featuring 70-foot sushi bar — joins booming Flatiron corridor

Restaurant-watchers might be stunned by Monday’s opening of Aqua New York, a block-long leviathan at 920 Broadway between East 20th and 21st streets. If they never heard of it, it’s because it hid in plain sight during more than 18 months of construction, with no advance publicity or social media hype. The two-level Aqua spans … Read more

Veterans face challenges starting small businesses but there are resources to help

Veterans face challenges starting small businesses but there are resources to help

NEW YORK — Many veterans who’ve started small businesses tell a similar story: Their military service prepared them mentally for the task, but they were at a disadvantage when it came to the financial part. “Vetrepreneurs” – veterans that start small businesses or startups — own nearly 2 million small businesses that employ 5.5 million … Read more

Alitalia will lay off over 2,000 remaining employees as liquidation nears

Alitalia will lay off over 2,000 remaining employees as liquidation nears

ROME — Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employees, its administrators told unions. The move comes as the successor to bankrupt Alitalia, ITA Airways, faces hurdles in its merger plans with German Lufthansa. According to Italian media reports, merger talks stalled after the Italian Economy … Read more

Hospitality bosses warn Budget tax rises will force closures

Hospitality bosses warn Budget tax rises will force closures

Top pub and restaurant bosses have warned the chancellor that tax rises in last month’s Budget will “unquestionably” cause closures and job losses. In a letter, more than 200 signatories have said the hospitality industry is disproportionately impacted by an “unsustainable” hike in the amount employers pay in National Insurance Contributions (NICs). It adds that … Read more

Multilateral banks are key to financing the fight against global warming. Here is how they work

Multilateral banks are key to financing the fight against global warming. Here is how they work

As climate change leads to a seemingly endless stream of weather disasters around the world, countries are struggling to adapt to the new reality. Preparing to better withstand hurricanes, floods, heat waves, droughts and wildfires will take hundreds of billions of dollars. And then there is confronting the root cause of climate change—the burning of … Read more