City threatens to sue after Trump administration takes $80M from city coffers

President Donald Trump’s administration seized $80 million from New York City’s bank accounts late Tuesday after Elon Musk inaccurately claimed that the money was being used to shelter migrants in luxury hotels, according to city officials. Mayor Eric Adams’ administration is threatening to sue over the revocation, and Comptroller Brad Lander called the move an illegal theft.The $80.5 million in funds from the Federal Emergency Management Agency had been awarded under President Joe Biden’s administration through a 2023 program that reimburses localities for immigration-related expenses. The money was sent to the city only last week, and the billionaire Musk — who has been deputized by Trump to aggressively slash government services — wrote falsely on X on Monday that the funding had been intended for disaster relief.Lander, in a press conference on Wednesday, said his office discovered hours earlier that the money had been taken from city coffers — a move that the comptroller, the city’s chief fiscal officer, conceded he did not even know the federal government had the ability to do.Mayor Adams, whose corruption charges may be dropped by Trump’s Justice Department and has otherwise refrained from criticizing the president, wrote on social media that his office is investigating the clawback and “has already engaged with the White House about recouping these funds.”“We’ve requested an emergency meeting with FEMA to try and resolve the matter as quickly as possible,” Adams... Continue reading at 'Crains New York'

[ Crains New York | 2025-02-12 20:08:46 UTC ]

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79-unit residential project planned for Tribeca site with unloved tower

A developer is betting that people will pay top dollar for up-close views of one of the city’s most unloved sites: AT&T’s Long Lines Building in Tribeca, a windowless, 29-story hulk from the 1970s that routinely makes lists of New Yorkers’ least-favorite buildings.The plan, which was put... Continue reading at Crains New York

[ Crains New York | 2024-03-04 18:30:46 UTC ]
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After hiring new local executive, Australian startup plans to nearly triple Denver team

An Australian startup that recently hired a new North American president plans to grow its U.S. headquarters in Denver. The startup is a digital platform that helps privately owned businesses determine their valuation. It also helps create a roadmap for a successful exit, which could include a... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2024-02-28 13:09:19 UTC ]
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Lunar lander launched, separated successfully in latest U.S. moon attempt

A moon lander was launched from Florida early on Thursday on a mission to conduct the first U.S. lunar touchdown in more than a half century and the first by a privately owned spacecraft. Continue reading at CBC

[ CBC | 2024-02-15 12:10:00 UTC ]
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Police in Canada look into tech that accesses your home security cameras

Police services across Canada in early October saw a demo of Fusus — a service that makes it easier for police to access privately owned security camera footage. It's becoming more common in America, but Canadian researchers have concerns it is overkill. Continue reading at CBC

[ CBC | 2023-10-27 08:00:00 UTC ]
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Costume maker to the stars undertakes mammoth task

A Hendon family business houses the largest privately owned costume collection in the world. Continue reading at BBC News

[ BBC News | 2023-08-21 06:34:33 UTC ]
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After Cutting Open-Market Programmatic, Bloomberg Media Sees Efficiency Gains, Revenue Losses

On Jan. 1, the privately owned business publisher Bloomberg Media shut off its open-market programmatic advertising, a move to better control its user experience and drive advertisers to reach its audience by buying directly from the company itself. Six months later, the strategy produced its... Continue reading at AdWeek

[ AdWeek | 2023-07-18 11:31:59 UTC ]
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L.L. Bean’s employees spent decades working in the dark. Its new HQ is radically open

The outdoor gear company’s new headquarters adds visibility to its workspaces and its work. For an outdoor clothing and gear company, L.L. Bean’s offices were surprisingly cloistered. “About 90% of our employees did not have access to natural daylight. There were parts of the building that were... Continue reading at Fast Company

[ Fast Company | 2023-06-14 04:30:00 UTC ]
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‘It was apocalyptic’: Tim Richards of Vue on cinema’s collapse and comeback

The chain’s founder is celebrating its 20th anniversary – but for a while it, and the industry as a whole, was on the brinkTim Richards is celebrating a milestone he feared he might not see – the 20th anniversary of the creation of Vue, Europe’s largest privately owned cinema chain. That... Continue reading at The Guardian

[ The Guardian | 2023-05-16 13:00:08 UTC ]
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The Morning After: Twitter keeps legacy verified blue ticks around, for now

Last week, Twitter said it would start winding down the legacy verified program on April 1st, but over the weekend, that didn't happen, because (according to The Washington Post) unverifying users is a painstaking manual process. Meanwhile, another report indicated around 10,000 of the... Continue reading at Engadget

[ Engadget | 2023-04-04 11:15:47 UTC ]
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By Attracting National Budgets, Texas Monthly Grows Ad Revenue 31%

Publisher Texas Monthly, which marked its 50th anniversary last month, grew its overall revenue by 39% in 2022, an uptick the privately owned media company attributed to its expanded number of advertising channels and an ongoing effort to cultivate new sources of revenue. The publisher increased... Continue reading at AdWeek

[ AdWeek | 2023-03-13 10:21:33 UTC ]
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Families of residents who may have been abused at Winnipeg care home disgusted by allegations

Families of people who live in a privately owned Winnipeg personal care home want to know why two care aides were allowed to work for months after allegations were brought forward that they had abused 15 residents. Continue reading at CBC

[ CBC | 2022-06-22 20:00:25 UTC ]
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Russia's invasion of Ukraine has destroyed a historic computer museum

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[ Engadget | 2022-03-27 15:41:09 UTC ]
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How to create meaning and value in the metaverse

The CEO of Storyblocks discusses three considerations for companies that want to compete in this immersive new world—one of which is to spread the wealth. Tech companies are currently stumbling over themselves to see who can make a bigger bet on the metaverse. However, beyond a massive financial... Continue reading at Fast Company

[ Fast Company | 2022-02-28 05:00:22 UTC ]
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Hitting the Books: The decades-long fight to bring live television to deaf audiences

The Silent Era of cinema was perhaps its most equitable with both hearing and hearing-impaired viewers able to enjoy productions alongside one another, but with the advent of "talkies," deaf and hard-of-hearing American's found themselves largely excluded from this new dominant entertainment... Continue reading at Engadget

[ Engadget | 2022-01-29 16:30:45 UTC ]
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3 privately owned, commercial space stations get NASA funding

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[ CBC | 2021-12-03 12:56:05 UTC ]
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In latest breach, Iran's Mahan Air hit with cyberattack

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[ ABC News | 2021-11-21 09:33:44 UTC ]
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How the Australian and the IPA’s attack on the ABC went horribly wrong | The Weekly Beast

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[ The Guardian | 2021-09-10 02:44:13 UTC ]
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Vancouver Aquarium sold to U.S. tourism company

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[ CBC | 2021-04-15 16:49:57 UTC ]
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Microsoft’s TikTok deal: bargain of the decade or a $50bn blunder?

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[ The Guardian | 2020-08-10 14:21:38 UTC ]
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Asurion creates data-science scholarship at historically black university

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[ Silicon Valley Business Journal | 2020-06-09 17:16:57 UTC ]
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