New York

IBM Formally Opens Watson’s Headquarters in New York City

In an official announcement, IBM told that the company has opened Watson's headquarters in New York City. Watson Group senior vice president Mike Rhodin said that many professionals will work at the headquarters and there are chances that the company will hire more people for the new facility.... read more

Giant Crane dubbed ‘I Lift NY’ arrives at Tappan Zee Site

After waiting at a dock in Jersey City since January, one of the world's largest floating cranes made its debut on Monday morning at the construction site of the new Tappan Zee Bridge (TZC).

The super crane is 400-foot-long and has been nicknamed "I Lift NY". It was greeted by Gov. Andrew... read more

NPR plays Secretly-Taped Sessions involving Bank Examiners at New York Federal Reserve

Last week, secretly taped sessions of bank examiners at the New York Federal Reserve were played on National Public Radio (NPR). These tapes had depicted nervous and confused bank regulators, especially after Wall Street's flagrant disregard for law, leading to the financial crisis.

... read more

GM to move Cadillac division from Detroit to New York

Giving a tough blow to Detroit, auto giant General Motors announced its decision to move its Cadillac division from the bankrupt city to New York's Soho district.

Cadillac President Johan de Nysschen hinted that he wanted to move the brand headquarters to New York because it is the global... read more

Kickstarter publishes new rules; automates approval process

In an announcement made via a blog post released on Tuesday, crowdfunding site Kickstarter revealed that it has drastically overhauled the crowdfunding platform by releasing a new set of rules, and by automating the approval process.

The significant changes made by Kickstarter essentially... read more