Subway Archives

Veteran Daniel Penny is acquitted in NYC subway chokehold case over Jordan Neely’s death

NEW YORK (AP) — A Marine veteran who put an agitated subway rider in a chokehold on a New York subway has been acquitted in the man’s death. A Manhattan jury cleared Daniel Penny on Monday of criminally negligent homicide charges. The verdict came after a more serious manslaughter charge was dismissed because the jury deadlocked on that count. The case arose from Jordan Neely’s May 2023 death and became a prism for differing views about public safety, valor and vigilantism. The 26-year-old Penny gripped Neely around the neck for about six minutes.… Continue Reading

Jersey Mike’s sandwich chain is acquired by private equity firm Blackstone for $8 billion

NEW YORK (AP) — Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued at $8 billion. The transaction is “intended to help enable Jersey Mike’s to accelerate its expansion across and beyond the U.S. market,” the companies said Tuesday, as well as aid ongoing technological investments. Under terms of the agreement, Jersey Mike’s founder and CEO Peter Cancro will continue to lead the business and maintains a “significant equity stake” in the chain. Jersey Mike’s has expanded rapidly over the last decade, growing from 857 stores in 2014 to more than 2,800 this year.… Continue Reading