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NEW YORK (AP) — The American Museum of Natural History is removing a statue of Theodore Roosevelt on horseback with a Native American man and an African man on his sides after objections that it symbolizes colonial expansion and racial discrimination.Mayor Bill de Blasio said Sunday the city supports removal of the statue because it depicts Black and Indigenous people as subjugated and racially inferior.The statue at the museum's Central Park West entrance depicts Roosevelt on the horse with the Native American man and the African man standing on either side.The museum’s president, Ellen Futter, tells the New York Times the decision to remove the bronze statue comes amid the movement for racial justice following the killing of George Floyd.“As we strive to advance our institution’s, our City’s, and our country’s passionate quest for racial justice, we believe that removing the Statue will be a symbol of progress and of our commitment to build and sustain an inclusive and equitable Museum community and broader society,” said Flutter in a statement. 1072

NEW YORK (AP) — Citigroup's Jane Fraser will become the first woman ever to lead a Wall Street bank when she succeeds CEO Michael Corbat in February. The New York bank announced the succession Thursday. Fraser is currently head of Citi's global consumer banking division, a major part of the bank that oversees checking and savings accounts but also Citi's massive credit card business. For 16 years, Fraser has worked in various departments within Citi:- 2015-19: Chief Executive Officer of Citi’s Latin American region.- 2013-15: Chief Executive Officer of the U.S. Consumer and Commercial Banking and CitiMortgage. - 2009-13: Chief Executive Officer of Citi's Private Bank. - 2007-09: Global Head of Strategy and Mergers & Acquisitions.In 2004, she joined the company in its Corporate and Investment Banking division.She previously worked at McKinsey & Company, Goldman Sachs, and Asesores Bursátiles.Fraser also serves as a member of the Board of Dean’s Advisors at Harvard Business School and Stanford University’s Global Advisory Council. She's also a member of the Council on Foreign Relations.She earned her M.B.A. from Harvard Business School and an M.A. in economics from Cambridge University.Fraser's climb to the CEO role is a major accomplishment in an industry long dominated by men. Corbat led Citigroup for eight years, rebuilding the company after it nearly collapsed during the Great Recession and 2008 financial crisis.Corbat had been with the company for 37 years. 1500

Newly published emails indicate that Natalia Veselnitskaya, the Russian lawyer who met with Trump campaign associates in 2016, once worked with Russia's chief legal office in an effort to thwart the Justice Department, The New York Times reported on Friday.The newspaper notes that the disclosure suggests that the lawyer had closer ties to the Kremlin than she had previously suggested.The Times reported that, according to an NBC News interview to be broadcast Friday, Veselnitskaya disclosed that she was a "source of information" for Russian Prosecutor General Yuri Chaika. 585

Nine West Holdings, which owns the Nine West and Anne Klein brands, has filed for bankruptcy.Friday's chapter 11 filing shows that the company owes more than billion.Nine West said in a statement that it plans to sell Nine West and its Bandolino line to Authentic Brands Group. ABG owns Juicy Couture and Aéropostale, among others.The company's eponymous brand and Bandolino both sell women's shoes, handbags and accessories.Ralph Schipani, the struggling retailer's CEO, said that the restructuring will help the company reduce debt and increase growth by allowing it to focus on its stronger brands, like Anne Klein and One Jeanswear Group."This is the right step," Schipani said. "We will retain our strong, profitable and growing apparel, jewelry, and jeanswear businesses." He added that the changes should help the company to "be well positioned for the future."Nine West said it expects to continue operating normally during the bankruptcy process.The company, which has been owned by Sycamore Partners Management since 2014, joins a growing list of retailers that have filed for bankruptcy this year. Claire's filed for bankruptcy last month, and Toys "R" Us in September. The toy seller said recently that it is closing or selling all of its US stores.Last year, more than 7,000 stores closed, which set a record.Retailers have been struggling to compete with online retailers like Amazon, and suffering from the death of the mall. Many have also struggled to survive under mountains of debt.The-CNN-Wire 1524

NEW YORK – A New York City police officer was among the several people arrested in connection to a drug trafficking bust, officials announced Monday.NYPD officer Amaury Abreu and two other men, Julia Bautista and Gustavo Valerio, are accused of conspiring to import and distribute cocaine.The three men were allegedly members of a multinational drug trafficking organization with distributors in the New York area and the Dominican Republic between January 2016 and October 2020.Bautista, 35, and Valerio, 38, were high-ranking members of the organization based in New York and were responsible for distributing and overseeing the distribution of cocaine once it was in New York, according to the federal complaint.Abreu, 34, allegedly used his position as a police officer and provided information about law enforcement procedures, performing warrant checks on DTO members, on at least one instance, distributed cocaine for the group.Officials said Abreu pleaded not guilty to the charges and was released on a million bond with home detention as a condition of the bond.Two other men face changes in connection to the bust. Cesar Diaz-Bautista, 43, faces charges of possession with the intent to distribute cocaine, while Junior Ortiz, 29, faces charges of cocaine importation conspiracy.Ortiz was released on a 0,000 bond and Diaz-Bautista will be released on a 0,000 bond, officials said.The other two defendants had not yet been arraigned Monday.Since 2016, law enforcement agents have seized more than 350 kilograms of cocaine belonging to the DTO.“This criminal network allegedly trafficked more than 350 kilos of cocaine and was assisted by an NYPD officer, who used his knowledge and access to help them stay one step ahead of the law,” stated District Attorney Madeline Singas.“There is no place for corruption in the NYPD and it will always be prosecuted fully. We commend our IAB investigators and law enforcement partners in this case,” said Police Commissioner Dermot Shea said in a statement.Abreu has been suspended without pay, according to an NYPD spokesperson.This story was originally published by Kristine Garcia at WPIX. 2159