Virgin Galactic Frenzy Starting to Look a Little Like Tesla Run

A seven-day surge in Virgin Galactic Holdings Inc. has lifted the stock four times above its level in December. Gains are snowballing, options traders are piling in, chatrooms are lighting up. It’s all starting to look similar to another space-age growth stock’s recent run. Though the company is just a fraction of Tesla Inc. in terms of market value, the […]

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Designer Overcomes Virus Obstacles for Fashion Week in New York

The clothes arrived from Shanghai in six suitcases, hastily packed, full of wrinkles. It wasn’t how Wang Tao’s latest collection was supposed to get to New York Fashion Week. But the designer considers it lucky they arrived at all. “It’s like a Hollywood movie,” Wang, 52, said in the New York showroom where she had unfolded, ironed and sorted dozens […]

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Yankees Sign Pitcher Gerrit Cole to Record $324 Million Deal, AP Says

In this article The New York Yankees got their man. The team has signed free-agent pitcher Gerrit Cole to a nine-year, $324-million contract, the Associated Press reported. In total dollars and per-year value, it’s the largest contract ever given to a Major League Baseball pitcher, eclipsing the seven-year, $245 million deal signed by Stephen Strasburg earlier this week. Cole, 29, […]

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New York MTA Eyes More Debt to Fix Aging System

In this article New York’s Metropolitan Transportation Authority needs to borrow billions to upgrade an 115-year-old subway system that already has $43 billion of debt while principal and interest payments threaten to eat up more of its revenue. But municipal-bond investors haven’t abandoned the largest public-transportation system in the U.S. Its network of subways, commuter trains and buses is a […]

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Fed’s Williams Sees Signs of Economy Slowing From Strong Pace

Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes. New York Fed President John Williams said the U.S. economy looks strong from the rear view mirror while the outlook is more mixed because of numerous uncertainties and risks. “We have seen signs of the economy slowing somewhat,” Williams said […]

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This is the best restaurant in America

Mirazur, a Mediterranean restaurant in Menton, France (about an hour from Nice) is the world's best restaurant, according to the 2019 list of The World's 50 Best Restaurants, which ranks restaurants based on the votes of 1,000 international industry experts. But the highest ranking restaurant in America is Cosme, a modern Mexican restaurant in the Flatiron District in Manhattan. Cosme was […]

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