Melville “Mickey” Straus, a New York money manager with a passion for the visual and performing arts who helped lead cultural groups in Manhattan and its summer getaway, the Hamptons, for three decades, has died. He was 75.
Two weeks after a judge overturned the first U.S. fine for recklessly flying a drone, the government tested its authority again by citing the operator of an unmanned helicopter that crash-landed 20 feet from a pedestrian in New York City.
Many Ameri, co-founder of the Red Bull Music Academy, explains the genesis of the Red Bull Music Festival, which kicked off last night in New York City and will now be held here every year in early May. He highlighted several events to be held over the next two weeks, including an exhibit featuring 101 drum machines used by the likes of Blondie and Anthrax in some of their most famous recordings. Ameri speaks with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s "The Hays Advantage”.
On a recent Monday, restructuring banker Elizabeth Abrams was on a conference call negotiating for hedge fund creditors ahead of the $50 billion bankruptcy of Energy Future Holdings Corp. She happened to be sitting in a hotel conference room in San Juan, Puerto Rico -- where she’s advising the government on addressing $73 billion in debt.
New York Mayor Bill de Blasio and the city teachers union hailed as historic a nine-year contract that includes two years of retroactive pay and raises that may set a pattern for pacts with all 300,000 municipal workers.