Bergenfield, NJ
News
FOX Signs Bergen County's Jackie DeAngelis As Business Correspondent FOX Signs Bergen County's Jackie DeAngelis As Business Correspondent
FOX Signs Bergen County's Jackie DeAngelis As Business Correspondent FOX Business Network (FBN) has signed Bergen County native Jackie DeAngelis as a financial correspondent. Beginning April 22, the former CNBC reporter and anchor will cover breaking business news out of FBN’s headquarters in New York, network president Brian Jones announced. Prior to joining FBN, DeAngelis -- formerly of Alpine, Fort Lee and Englewood -- spent 13 years at CNBC as she the network’s chief energy correspondent and anchor of online commodities program, "Futures Now."  DeAngelis contributed market reports across CNBC’s daily programming as well as covered the eco…

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by Cecilia Levine
Mahopac, NY
Politics
Ocasio-Cortez Blasts Billionaires, Saying They're Driven By Psychopathic Personality Traits Ocasio-Cortez Blasts Billionaires, Saying They're Driven By Psychopathic Personality Traits
Ocasio-Cortez Blasts Billionaires, Saying They're Driven By Psychopathic Personality Traits Freshman Congresswoman Alexandria Ocasio-Cortez is making headlines again, taking on the 1 percent, claiming that billionaires are driven by psychopathic personality traits. This week, the 2007 Yorktown High School graduate was busy on social media, linking to a CNBC report that states “most successful millionaire CEOs are psychopaths - here’s why it doesn’t have to be a bad thing." Ocasio-Cortez has often been critical of the country’s wealthiest residents, having previously questioned why anyone individual would need or should have more than $10 million at any time. “Justifying psychopat…

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by Zak Failla
Garfield-Lodi, NJ
Business
Sibling Owners Of Lodi Restaurant Among '32 Restaurant Stars On The Rise' In America Sibling Owners Of Lodi Restaurant Among '32 Restaurant Stars On The Rise' In America
Sibling Owners Of Lodi Restaurant Among '32 Restaurant Stars On The Rise' In America A brother and sister from Lodi have been named among "32 Restaurant Stars on the Rise" in America by FSR Magazine. Jenna and Joseph Cuccia own 17 Summer Restaurant (located at 17 Summer St.) in Lodi. "From street fairs, to catering, to a brick and mortar, brother-sister duo Jenna and Joseph Cuccia have been together through it all," the site says. "And while their father always told them, 'It isn't a sprint, it's a marathon,' the Cuccia siblings have hit the scene fast." The Cuccias opened their restaurant -- with Joseph as the executive chef -- in just three months. Within the first year…

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by Cecilia Levine
Fairfield, CT
Business
Toys R Us Back With New Name A Year After Going Out Of Business Toys R Us Back With New Name A Year After Going Out Of Business
Toys R Us Back With New Name A Year After Going Out Of Business Like Toys R Us, but different.  Nearly a year after going out of business, the toy conglomerate is trying for a comeback. This time, it's called Tru Kids and is headquartered out of Parsippany, New Jersey just 20 minutes from its former Wayne, New Jersey location, CNBC reports. The company -- which was launched Jan. 20 -- is operated by former Toys R Us executives hoping to bring back Geoffrey and more. Tru Kids is still ironing out a complete business plan and exploring multiple options including stand-alone stores, pop-up shops and partnerships (possibly Amazon), according to n…

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by Cecilia Levine
Parsippany-Troy Hills, NJ
Business
They're Bringin' Geoffrey Back: Toys R Us Going For New Name, Parsippany HQ They're Bringin' Geoffrey Back: Toys R Us Going For New Name, Parsippany HQ
They're Bringin' Geoffrey Back: Toys R Us Going For New Name, Parsippany HQ Like Toys R Us... but different.  Nearly a year after going out of business, the toy conglomerate is trying for a comeback. This time, it's called Tru Kids and is headquartered out of Parsippany, just 20 minutes from its former Wayne location, CNBC reports. The company -- which was launched Jan. 20 -- is operated by former Toys R Us executives hoping to bring back Geoffrey and more. Tru Kids is still ironing out a complete business plan and exploring multiple options including stand-alone stores, pop-up shops and partnerships (possibly Amazon), according to new True Kids presiden…

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by Cecilia Levine
Stamford, CT
Business
All-Time High: Black Friday Online Sales Soar To $6.2 Billion All-Time High: Black Friday Online Sales Soar To $6.2 Billion
All-Time High: Black Friday Online Sales Soar To $6.2 Billion This year’s Black Friday holiday shopping spree has topped last year’s numbers, according to a new report from Adobe Analytics. The day after Thanksgiving, Friday, Nov. 23, 2018, has officially become the first day in history that saw more than $2 billion in sales that were made on smartphones as opposed to laptop or brick-and-mortar sales. This large spike in smartphone-based Black Friday sales can be attributed to multiple factors, but it’s certainly a careful and calculated goal from major retailers. "Retailers have done their part to build better mobile experiences for consumers and tu…

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by Valerie Musson
Yonkers, NY
Politics
Ocasio-Cortez Draws Attention For Meager Savings, Takes Hit From Sarah Palin Over Gaffe Ocasio-Cortez Draws Attention For Meager Savings, Takes Hit From Sarah Palin Over Gaffe
Ocasio-Cortez Draws Attention For Meager Savings, Takes Hit From Sarah Palin Over Gaffe The 29-year-old headed to the House of Representatives who graduated from high school in Northern Westchester is making national headlines -- again -- this time over her meager savings and her knowledge of the Federal government. She isn't rich, but she is a rising political star among supporters and envious critics. Separately, the newly elected New York City congresswoman took a hit from former vice presidential candidate Sarah Palin for misspeaking about the three branches of government. Alexandria Ocasio-Cortez, who graduated from Yorktown High School, heads to the U.S. House…

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by Jon Craig
Armonk, NY
News
TV Director From Northern Westchester Scheduled To Appear In Court For Spying On Teen Nanny TV Director From Northern Westchester Scheduled To Appear In Court For Spying On Teen Nanny
TV Director From Northern Westchester Scheduled To Appear In Court For Spying On Teen Nanny A former television director is scheduled to appear in court this week to allow a judge to determine his “risk” of sexually offending after pleading guilty to spying on his teenage nanny in his Northern Westchester home. Daniel Switzen, who worked at CNBC and has a home in Pleasantville, is scheduled to appear in court on Tuesday for his SORA hearing, after being sentenced to five years of sex offender probation earlier this year. The judge will determine what level of a sex offender Switzen will have to register as. Switzen had faced a term of between one and a half years to four years in …

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by Zak Failla
Hackensack, NJ
Business
Dance-On Piano Is Back: FAO Schwarz Sets Flagship Rockefeller Plaza Opening Date Dance-On Piano Is Back: FAO Schwarz Sets Flagship Rockefeller Plaza Opening Date
Dance-On Piano Is Back: FAO Schwarz Sets Flagship Rockefeller Plaza Opening Date Get your dancing (and shopping) shoes ready. FAO Schwarz has set an opening date for its new flagship store in New York City. The 30 Rockefeller Plaza location will open on Nov. 16, three years after closing its famed Fifth Avenue store. The retailer is reportedly bringing back the iconic dance-on piano and clock tower while adding new interactive toys and activities, including a build-your-own race car station, live magic shows and play grocery store, CNBC reports. The retailer will also be opening up small stores in U.S. airports through a partnership with Hudson Group. The first will be…

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by Cecilia Levine
Greenwich, CT
Business
Sears On Brink Of Bankruptcy, Report Says Sears On Brink Of Bankruptcy, Report Says
Sears On Brink Of Bankruptcy, Report Says After years of store closures, Sears, once the world's largest retailer, could be just days away from facing bankruptcy. The 125-year-old company, which has not turned a profit since 2010, has approached several banks to prepare for a bankruptcy filing, according to CNBC. Sears has a $134 million debt payment due Monday that it previously reported it cannot cover, the report said. Eddie Lampert, a hedge-fund manager who took over as Sears CEO in 2013, said in late September that despite changes in the way it does business, the future looked bleak for the once vibrant company. “The journey…

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by Joe Lombardi
Armonk, NY
News
TV Director From Northern Westchester Sentenced For Spying On Teen Nanny TV Director From Northern Westchester Sentenced For Spying On Teen Nanny
TV Director From Northern Westchester Sentenced For Spying On Teen Nanny A former television director has been sentenced to five years of sex offender probation and will register as a sex offender after pleading guilty earlier this year to spying on his teenage nanny using a camera in his Westchester home. Daniel Switzen, who worked at CNBC and has a home in Pleasantville, was facing a term of between one and a half years to four years in state prison after pleading guilty to a felony count of second-degree unlawful surveillance following his arrest last November. Instead, he got probation, and is scheduled to have a Sex Offender Registration Act hearing on Nov. …

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by Zak Failla
Armonk, NY
News
TV Director From Northern Westchester To Be Sentenced For Spying On Teen Nanny TV Director From Northern Westchester To Be Sentenced For Spying On Teen Nanny
TV Director From Northern Westchester To Be Sentenced For Spying On Teen Nanny A former television director is scheduled to be sentenced on Tuesday after pleading guilty earlier this year to spying on his teenage nanny using a camera in his Westchester home. Daniel Switzen, who worked at CNBC and has a home in Pleasantville, will face a term of between one and a half years to four years in state prison after pleading guilty to a felony count of second-degree unlawful surveillance following his arrest last November. Switzen pleaded guilty to placing a secret camera inside a tissue box in the bathroom of his Pleasantville home on Nov. 13 last year. The camera was discov…

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by Zak Failla