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A newsweekly providing business news, analysis and commentary on all aspects of business for the metropolitan New York area.
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Crain's New York Business back issues
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Tourism & Entertainment.
June 29, 2009... Though suffering because of the recession, tourism, sometimes called New York's second-most-important industry, still is doing well by historical measures. Entertainment venues haven't seen the declines some had feared. In this economy, people are still paying to escape.
Media & Technology.
June 29, 2009... Traditional media struggled in 2008 and early 2009, caught between a recession and the Internet revolution. One bright spot was Internet advertising. Meanwhile, some of the tech titans in the New York area continue to post healthy profits.
Professional Services.
June 29, 2009... New York is home to many of the top-ranked lawyers, accountants and consultants. Workers in the sector were 23% more productive than national counterparts at the asset bubble's height in 2007. Despite their prowess, these firms aren't likely to see a rebound until Wall Street does.
City In Transition.
June 29, 2009... The federal stimulus package is sending $2.2 billion to NY state to fix potholes in transportation budgets; for a list of projects, see Page 16. This fall, a city-friendly Obama administration may help redirect permanent funding from highways to transit, benefiting NYC.
Executive Moves.
June 29, 2009... Byline: Maia Blume
Jewish Theological Seminary: Abby Joseph Cohen, 57, was appointed chair of the board of trustees, replacing Gershon Kekst. She is a senior investment strategist and president of the Global Markets Institute at Goldman Sachs and has been on the seminary's board since...