GO
Loading...

Enter multiple symbols separated by commas

New York

More

  • STOCKHOLM, May 29- Swedish builder Skanska said on Friday its LaGuardia Gateway Partners consortium had been selected as preferred bidder in a $3.6 billion project to build a new terminal at New York's LaGuardia Airport. Skanska said its share of the equity investment would be up to 40 percent, while its share of the construction contract is 70 percent.

  • ATLANTIC CITY, N.J.— When Jim Thigpen first met with an investor in early 2012 to discuss selling control of the Tennessee financial firm he had run for more than 20 years, he said W. Wesley Drummon boasted of a business plan that involved $2 billion from the Bank of China. But as Drummon negotiated with Thigpen to purchase the Tennessee Business and Industrial...

  • *First-quarter GDP seen revised down to show contraction. GDP forecast shrinking at a 0.8 percent annual rate. WASHINGTON, May 29- The U.S. economy likely contracted in the first quarter as it buckled under the weight of unusually heavy snowfalls and a resurgent dollar, but activity since has rebounded modestly.

  • NEW YORK, May 29- The accused mastermind behind the underground website Silk Road will be sentenced on Friday for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin. District Judge Katherine Forrest must impose on Ulbricht, who admitted to creating Silk Road but denied wrongdoing.

  • *Small-cap benchmark Russell 2000 to add, delete components. *$5 trillion benchmarked to Russell indexes. NEW YORK, May 29- Investors trying to capitalize on the annual tweaks to the makeup of Russell stock indexes may produce a rush of transactions worth over $40 billion in the final moments of trading on Friday, June 26, when those changes are formalized.

  • Bolan, because it ends the SEC case against him while permitting him to go back to work immediately, "he said. The settlement was reached on the eve of a trial before an SEC administrative law judge over charges the SEC first leveled against Bolan and Ruggieri in September. The SEC had alleged that Ruggieri, who worked at Wells Fargo in New York, in 2010 and 2011 traded...

  • JPMorgan to lay off 5,000 employees across firm: WSJ Thursday, 28 May 2015 | 5:59 PM ET

    NEW YORK— JPMorgan Chase& Co. will cut about 5,000 jobs over the next year, as the bank closes branches and slims down its operations, The Wall Street Journal reported Thursday, citing anonymous sources. JPMorgan CEO Jamie Dimon, at an investor conference this week, said that the average Chase branch would lose one employee— mostly through attrition.

  • NEW YORK— Walgreens Chairman James Skinner said Thursday that the drugstore operator never intended to leave the United States when it bought European health and beauty retailer Alliance Boots last year. As Walgreens prepared to buy full control of Alliance Boots, which is based in Switzerland, it looked into the possibility of moving its headquarters to...

  • The project includes developer Skanska USA Inc., architecture and engineering company HOK and financial firms Morgan Stanley and Citigroup Inc. The work is expected to be completed by 2021 at a cost of $3.6 billion, according to the Port Authority's capital plan. "For too long, LaGuardia has been the stepchild of our region's airports compared to JFK and Newark...

  • NEW YORK, May 28- The euro rose on Thursday as Greece fought to reach an agreement with its lenders to avoid an imminent default, but mixed signals on the state of the negotiations kept other markets little changed. Creditors said progress in talks with Greece was too slow and a deal was still out of reach, a euro zone official told Reuters. I'm looking for an...

  • NEW YORK, May 28- A former outside auditor and a former human resources employee of Bernard Madoff's firm avoided prison on Thursday, after cooperating with authorities investigating the now-imprisoned swindler's multibillion-dollar Ponzi scheme. District Judge Laura Taylor Swain in New York to a year of home confinement, and to pay his share of a symbolic...

  • Express and Broadcom are big market movers Thursday, 28 May 2015 | 4:29 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Express Inc., up 79 cents to $17.41. Abercrombie& Fitch Co., up $2.65 to $22.30.

  • NEW YORK— Michael King, an innovative TV syndicator who helped make stars of Oprah Winfrey, Dr. With his brother Roger, Michael King inherited King World Productions in 1972 from their father, Charles King, who had founded the company eight years earlier to syndicate classic "Our Gang" theatrical comedy shorts. Under the brothers' management, King World rose to be the...

  • US stocks end modestly lower Thursday, 28 May 2015 | 4:11 PM ET

    NEW YORK— U.S. stocks are ending modestly lower following a sell-off in the Chinese market and concerns about an approaching deadline for Greece to make a debt payment. The Dow Jones industrial average fell 36 points, or 0.2 percent, to close at 18,126 Thursday. The price of crude oil rose 17 cents to $57.68 a barrel in New York after the government reported...

  • Ex-Lehman CEO blames variety of factors for collapse Thursday, 28 May 2015 | 4:04 PM ET

    NEW YORK— In his first public remarks since Lehman Brothers went bankrupt, former CEO Richard Fuld said no single factor caused the 2008 financial crisis that destroyed Lehman. Fuld, 69, was the keynote speaker Thursday at the Marcum MicroCap Conference in New York. After Lehman imploded, inquiries showed that the company used accounting tricks to mask $50...

  • U.S. charges 6 with text messaging consumer fraud Thursday, 28 May 2015 | 4:02 PM ET

    NEW YORK, May 28- Six men have been criminally charged over an alleged "mobile cramming" scheme in which they bilked hundreds of thousands of mobile phone users out of more than $50 million by providing unwanted text messaging services, U.S. authorities said on Thursday. Attorney Preet Bharara in Manhattan announced the charges nearly a year after the defendant...

  • HBO Now has been available since April for people to get the service through their iPhones, iPads or an Apple TV, or who were customers of New York- area cable provider Cablevision. As for sports, Dish Network's Sling TV makes ESPN and about 20 other cable channels available over the Internet for $20 a month. Comcast, the country's largest cable company, advertises...

  • *Traders take profit after institutional month-end buying. *Corporate supply sends 30- year yields higher. NEW YORK, May 28- Long-dated U.S.

  • NEW YORK, May 28- The dollar climbed to a 12-1/ 2- year high against the yen on Thursday before pulling back as investors bet that U.S. interest rates will rise later this year while Japan's monetary policy remains ultra-loose. This reminds investors U.S. rates are moving up later this year and has revived the dollar's appeal since last week, "said Omer Esiner, chief...

  • New tech is changing the restaurant reservations game Thursday, 28 May 2015 | 3:02 PM ET

    At noon on a recent Wednesday in May, San Francisco's Lazy Bear restaurant began taking reservations for June. Just 45 minutes later, nearly every seat for the entire month was sold out. "The main issue is trying to manage risk, trying to incentivize patrons to keep their reservations," says Northwestern University microeconomic theorist Jeffrey Ely, noting that...