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Central Perk Coffeehouse from 'FRIENDS' to Open in Times Square; J.P. Morgan Launches New Services for Ultra-Rich; Report Finds Leaders Overestimate Employee Engagement

16.9.25

NEW YORK – Could we BE any more excited? The iconic Central Perk Coffeehouse from the beloved sitcom FRIENDS is officially coming to New York City, with a new location set to open in Times Square in the fall of 2025. This major pop culture announcement was joined by news from the world of high finance, where J.P. Morgan Private Bank is launching a new lifestyle services offering for its wealthiest clients. Meanwhile, a new global report suggests that business leaders may be disconnected from the realities of their workforce, overestimating employee engagement.

'FRIENDS' Fans Rejoice: Central Perk Coffeehouse is Coming to Times Square

In a move sure to delight fans of the classic TV show FRIENDS, the Central Perk Coffeehouse announced it will open its second-ever location in the heart of Times Square. The modern-day version of the legendary hangout will feature artisanal coffee drinks and a menu of series-inspired food items guided by renowned chef Tom Colicchio. The new coffeehouse aims to blend nostalgia with a contemporary cafe experience, bringing a piece of television history to one of the world's most famous intersections.

Leaders Disconnected from Workforce, J.P. Morgan Caters to the Elite

A new global research report from Right Management, part of ManpowerGroup, has found a significant disconnect between leadership perception and employee reality. The study reveals that leaders are overestimating employee engagement levels and underestimating the factors that make people stay at a company, putting retention, productivity, and culture at risk.

In the world of wealth management, J.P. Morgan Private Bank announced the launch of a new Lifestyle Services Offering. Delivered by its Global Family Office Practice, the new service connects the bank's ultra-high-net-worth clients with a curated network of industry-leading providers and consultants for services related to travel, health, art, and more.

Corporate M&A and Strategic Expansions

Several key business transactions and expansions were announced today. Literacy company 95 Percent Group, a portfolio company of Leeds Equity Partners, has acquired All About Learning Press, a provider of homeschool literacy products. The move expands 95 Percent Group's offerings beyond the traditional classroom setting.

In a push to expand critical digital infrastructure, private equity firm Digital Alpha announced a strategic investment in Sprocket Networks. The partnership will accelerate the development of a regional high-capacity fiber backbone in North Texas. In another international expansion, Swedish ERP specialist Implema is opening its first U.S. office in Raleigh, North Carolina.

In Brief: Spirits, Tech, and Pet Adoptions

  • Spirits: Baltimore-based distillery Sagamore Spirit debuted its oldest release to date, a 10-Year-Old Straight Rye Whiskey. The limited-edition offering is bottled at 110.8 proof.

  • Tech Recognition: Global technology solutions company Unisys made its debut on TIME Magazine's 2025 list of the World's Best Companies.

  • Pet Adoptions: Leading pet retailers Pet Supplies Plus and Wag N' Wash celebrated a successful year of their nationwide pet adoption initiative, having helped over 19,000 dogs and cats find forever homes in 2025.

  • Automotive Partnership: Pep Boys announced a new partnership with Interstate Batteries, which will become the preferred battery partner for the automotive service chain.

  • Canadian News: It was announced that Toronto will host the 2025 Diageo World Class Global Final, the first time the prestigious global cocktail competition will be held in Canada. In a separate move, FP Canada™ introduced a new scholarship to help grow diversity within the financial planning profession.


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