New York City Marathon gets new title sponsor: TCS


New York Road Runners, the group that organizes dozens of running races in the city every year, has announced an eight-year partnership with Mumbai-based Tata Consultancy Services that gives the famous annual marathon a new name: TCS New York City Marathon.

“We are thrilled that TCS will be joining NYRR as our premier partner and title sponsor of the NYC Marathon,” Mary Wittenberg, NYRR president and CEO, said in a statement. “TCS won us over with their commitment to our sport and to elevating the health and well-being of our community, their technological excellence and their belief in the infinite potential in front of us to jointly help and inspire people through running.”

The new name takes effect for the 2014 marathon. This year’s race, which is set for November 3, will be the last to bear the name ING New York City Marathon. NYRR and ING are ending their 10-year partnership.

TCS, an IT and consultancy company that has worked with NYRR since 2010, will also sponsor several other premier races on the calendar, including the Oakley New York Mini 10K (an elite women’s-only race), the Fifth Avenue Mile, the Midnight Run (which takes place on New Year’s), and the 5-Borough Series. TCS will also support NYRR’s youth and community programs, which promote health and fitness.

TCS had previously developed a mobile app for the NYC Half, the group’s flagship half-marathon, and will be building a new app for this year’s marathon.

In an email to NYRR members on Wednesday, Wittenberg

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Lawsuit vs. Giants, Jets over mall to proceed

HACKENSACK, N.J. (AP) — A New Jersey judge said a lawsuit filed by a mall developer against the state’s two pro football teams can proceed.

Canada-based developer Triple Five sued the New York Giants and New York Jets in July. It accused them of trying to stop the American Dream megamall from being completed at the Meadowlands sports complex

State Superior Court Peter Doyne on Monday rejected the teams’ motion to dismiss the lawsuit.

The Jets and Giants have also sued the developer and the state’s sports authority. The teams say those parties violated a 2006 agreement by expanding the mall’s original design without their approval.

The mall originally known as Xanadu was supposed to open in 2007 but has been delayed by money woes and litigation.

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NY’s online health insurance market going live

BUFFALO, N.Y. (AP) – New York’s online market for health insurance is going live along with similar exchanges required across the country under the Affordable Care Act.

The state was among the first to have its exchange approved by the federal government and it hasn’t faced the kind of political opposition to “Obamacare” that has made the startup contentious elsewhere, even forcing the federal government to step in.

Starting Tuesday, consumers will get their chance to shop for coverage and rates.

New York expects to enroll 1.1 million uninsured over the next three years, with 650,000 joining plans for individuals, including sole proprietors of businesses, and another 450,000 joining the plans available to small businesses with 50 or fewer employees.

Monthly premiums range from $134 for catastrophic coverage in the greater Rochester area to $913 for a particular “platinum” plan on Long Island.


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Merck to cut 8,500 jobs, move NJ headquarters

WHITEHOUSE STATION, N.J. (AP) – Drugmaker Merck says it plans to reduce its global workforce by another 8,500 jobs as part of a plan to cut its annual costs by about $2.5 billion by the end of 2015.

The latest workforce reductions come on top of about 7,500 in previously announced job cuts. The two rounds of cuts means it is slashing about 20 percent of its workforce currently at about 81,000 people.

Merck Co. says the cost cuts will allow it to better target its investments on the areas with the most potential for returns.

Of the $2.5 billion in cost savings, the company says it expects to realize $1 billion by the end of 2014. Most of savings are expected to come from marketing and administrative expenses and research and development.

The new restructuring program is expected to cut costs by between $2.5 billion and $3 billion.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Military workers in NY furloughed amid shutdown

FORT DRUM, N.Y. (AP) – Hundreds of non-uniformed military employees in New York face furloughs because of the federal government shutdown.

While military troops continue to work, the state Division of Military and Naval Affairs is sending about 1,500 workers out on furloughs Tuesday afternoon, including maintenance technicians and clerks. Also, there will be no training for part-time Army and Air National Guard members during the shutdown.

At Fort Drum in northern New York, 250 of the roughly 790 civilian employees at the garrison were informed Tuesday morning that they’ll be furloughed. Spokeswoman Julie Cupernall says that includes a wide range of employees, such as those involved in public affairs and some electricians.

Maj. Gen. Stephen Townsend says that Fort Drum, home to the 10th Mountain Division, remains committed to supporting its soldiers.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Find your financial footing after bankruptcy

By Andrew Housser

Last year alone, nearly 1.2 million consumers filed bankruptcy. The figure is expected to remain steady as the economy continues to struggle. That is in part because most serious struggles with debt come from the challenges of daily living. In fact, job loss and unforeseen medical expenses are the top reasons for bankruptcy filings — not reckless spending. If you have had to liquidate assets (Chapter 7 bankruptcy) or reorganize debt (Chapter 13 bankruptcy), you may be wondering whether you will ever be able to recover financially. These six tips can help get you back on track.

1. Address the cause of the bankruptcy. Everyone who files for bankruptcy must undergo credit counseling and complete a debtor education program. These financial sessions can help you learn to develop a budget, manage money and use credit wisely. Use this knowledge to address the issue that landed you in bankruptcy court. For instance, an emergency savings fund can help you weather unexpected financial hardships like a job loss or medical expenses. If you depleted your emergency fund before filing for bankruptcy, or you never had one, now is the time to start saving. The goal is to have enough set aside to cover basic living expenses (rent or mortgage, car payment, utilities, groceries) for at least six to nine months. Set up automatic transfers into a savings account, even if it is only $50 a week.

2. Rebuild your credit profile. Having a history of financial troubles can make it more difficult to

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Job of the day: porter

Lower Eastside Service Center in New York is hiring a porter to maintain and clean all common areas of the building, both inside and outside. The porter cleans, sanitizes, mops, washes and maintains common areas including dining area, bathrooms, (done daily) elevator, lobby, hallways, waiting areas, roof drains and laundry rooms if applicable.


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Job of the day: registered dietician

NewYork-Presbyterian/Columbia University Medical Center is hiring a part-time registered dietician to educate dietetic interns and staff and develop nutrition treatment programs to ensure optimal nutritional care in accordance with established procedures and regulatory requirements.


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