Business

Photo Credit: Chris Weeks/Getty Images for Airbnb

City Council Bill Takes Aim At Illegal Airbnb Rentals

The fine for a first-time offense would skyrocket from $1,000 to $10,000 and the maximum penalty would be $50,000.

06/10/2015

French Fries (Thinkstock)

NYC Could Become First City In U.S. To Require High-Sodium Warning Labels On Menus

The Health Department will propose all chain restaurants add a symbol resembling a salt shaker on menus next to food products that contain more than the recommended daily limit, the AP reports.

06/09/2015

Dove's "Love Your Curls" campaign led to the publication of a book. (Credit: Dove)

Dove Campaign Teaches Girls To Embrace Their Curly Hair

Jennifer Healy, Dove’s senior marketing director, and three girls featured in the ad campaign stopped by the CBS2 studios to talk with Diane Macedo about how the initiative started and how far it has gone.

06/07/2015

Coffee bar at Fifth Avenue (Photo/Juliet Papa)

Hackers Break Into Eataly’s Credit Card System

A popular Italian gourmet food market in Manhattan is warning its customers that hackers broke into its credit card system.

06/05/2015

Ed Gilligan/Twitter

American Express President Dies Suddenly On Flight From Japan To New York

Ed Gilligan, the president of American Express has died. He was 55 years old.

05/29/2015

One Vanderbilt / 1 Vanderbilt

City Council Approves Skyscraper Near Grand Central In Exchange For Transit Hub Work

Developer SL Green Realty Corp. will invest about $220 million in critical improvements to Grand Central, allowing more trains to run during rush hour on the clogged 4-5-6 lines.

05/28/2015

Madonna (Dimitrios Kambouris/Getty Images)

9 NY Women Make Forbes’ Inaugural Richest, Self-Made Women In U.S. List

Madonna, Beyonce and Vera Wang are three of the women on the list.

05/27/2015

Time Warner Cable

Charter Communications Buying Time Warner Cable For $55.3B

Charter Communications is buying Time Warner Cable for $55.33 billion, creating one of the largest TV and Internet providers in the U.S.

05/26/2015

A "zombie property" in Mount Vernon, N.Y. (credit: Mount Vernon City Councilman Rich Thomas)

NY Regulators Say 11 Lenders To Monitor Vacant Properties

The banks, mortgage companies and credit unions represent nearly 70 percent of the New York market and will adopt practices to limit the damage from so-called “zombie properties.”

05/18/2015

(Photo by Justin Sullivan/Getty Images)

Report: New Jersey Self-Service Gas Bill Gaining Momentum

For 66 years, New Jersey gas stations by law have been exclusively full service.

05/18/2015

(credit: CBS2)

Divorce Expo Being Held In New Jersey This Week

You’ve likely heard of an expo for everything from cars to electronics. But what about a divorce expo?

05/17/2015

FAO Schwarz Toy Company (Spencer Platt/Getty Images News)

Last FAO Schwarz Store To Close; May Move Elsewhere

The last remaining FAO Schwarz retail store, on Fifth Avenue, will soon be closing.

05/15/2015

(Photo by Justin Sullivan/Getty Images)

De Blasio Takes Aim At Alleged Abuses, Health Risks At City Nail Salons

New York City Mayor Bill de Blasio is launching an effort to crack down on abuses and health risks at nail salons.

05/15/2015

NYC cab (file/credit: Ronald Martinez/Getty Images)

Internet Group Sends Letter To De Blasio Opposing ‘Stifling’ Taxi Smartphone App Regulations

Under the regulation, smartphone app operators must apply for approval for any updates to their taxi-hailing software.
The Internet companies feel that the rule would stifle innovation and hurt business.

05/14/2015

Connecticut State Capitol in Hartford (file / Used with permission of the Connecticut General Assembly and the League of Women Voters of Connecticut Education Fund, Inc.)

Connecticut Business Leaders Say State Democrats’ Budget Plan Will Be A Disaster

Business leaders from Fairfield County heard from state lawmakers, Republican and Democrat, about their parties’ budget plans.

05/13/2015