business

savings during a crisis

Making the Money You Are Saving Work for You

Many Americans are facing an uncertain financial future right now. The coronavirus pandemic, though, hasn’t been all bad economic news. Strict stay at home orders have meant fewer expenses in many areas: travel, eating out, cultural events, gas, new clothing, etc. Similarly, the importance of an emergency fund, has become evident to most people, and causing them to reduce their extraneous spending. In fact, the personal savings rate — the sum people are putting away as a percentage of their disposable…


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New Golf Greens in New York

Topgolf Entertainment is opening its first New York location. The new three-level Topgolf venue will open in Suffolk County, New York. It is slated to be a tech-driven place to play through point-scoring games, with 102 bays and a chef-driven menu. The climate-controlled outdoor space will have year-round activities for all age groups. New York is getting its first Topgolf venue Expected to generate some 500 jobs, Topgolf is also slated to offer golf lessons…


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Wegmans Now in NYC

Wegmans Food Market, the popular family-owned regional chain, now has a branch in New York City.  The retailer opened a 74,000-square-foot store in the Brooklyn Navy Yard, making it the 101st store for the 103-year-old company. With headquarters in Rochester, New York, Wegmans locations can be found all along the east coast as far south as North Carolina. New York Sen. Chuck Schumer attended the store’s grand opening ceremony and explained that Wegmans “is what…


New York State Tightens Privacy Laws

New York State will soon have a new data security program to help protect businesses. Governor Andrew M. Cuomo just signed the bill that will update the state’s privacy law and will go into effect in 240 days. The law will expand what is defined as personal information and will add requirements and timelines for people to be notified of data breaches. As Cuomo said, “As technology seeps into practically every aspect of our daily…


New Addition to the Crawford Lake Capital Management Team

In recent news, Crawford Lake Capital Management, LLC has appointed Dov Lando as General Counsel and as their Chief Compliance Officer. Crawford is a privately-held investment management firm. Their team is lead by Isaac Markowitz and Jack Herzka and they have approximately $800 million in assets under management. They do so for a diverse group of clients from public institutions and individuals to private organizations. Dov Lando comes to Crawford Lake Capital from MKP Capital…