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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
PoliticsNew York City

New York City will terminate business contracts with the Trump Organization

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January 13, 2021, 9:28 AM ET
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New York City will terminate business contracts with President Donald Trump after last week’s insurrection at the U.S. Capitol, Mayor Bill de Blasio announced Wednesday.

The Trump Organization is under city contract to operate the two ice rinks and a carousel in Central Park as well as a golf course in the Bronx.

The Trump Organization profits about $17 million a year from those sites, de Blasio said.

“I’m here to announce that the city of New York is severing all contracts with the Trump Organization,” de Blasio said.

An email seeking comment was sent Wednesday to the Trump Organization.

It is the latest example of how the Jan. 6 breach by violent Trump supporters is impacting the Republican president’s business interests.

The PGA of America voted Sunday to take the PGA Championship away from his New Jersey golf course next year, a move that came after social media platforms disabled Trump’s accounts and Shopify took down online stores affiliated with him.

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