New York


  • As stocks rise, so does anxiety: Time to get out? Friday, 29 Aug 2014 | 3:02 AM ET

    NEW YORK— Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and with each record close, the temptation grows to take your winnings and flee. If only you had done that in the crashes that began in 2000 and 2008, you might be a lot richer.

  • Construction halted on tower near Brooklyn arena Friday, 29 Aug 2014 | 2:56 AM ET

    NEW YORK— A contractor has halted construction on a prefabricated residential high-rise near Brooklyn's Barclays Center and the Atlantic Terminal train yards. The New York Times reports Skanska stopped work at the site on Tuesday and closed down its prefabrication hub at the Brooklyn Navy Yard on Wednesday.

  • Denny's pops the cork on its first Manhattan diner Friday, 29 Aug 2014 | 2:51 AM ET

    NEW YORK— Denny's is popping the cork on its first Manhattan location. The Daily News reports the diner chain's Financial District debut is serving up a special combo putting a pricy bottle of Dom Perignon alongside its down home Grand Slam breakfast. Denny's takes Manhattan after years of planning and a legal fight.

  • Beer gardens helping Milwaukee County budgets Friday, 29 Aug 2014 | 1:40 AM ET

    MILWAUKEE— Oversized mugs of beer clink together as drinkers sitting under a canopy of trees in a Milwaukee public park listen to live accordion music and proclaim "Prost!"

  • EXCLUSIVE-Famed gold bug sued for not paying trader Friday, 29 Aug 2014 | 1:00 AM ET

    CHICAGO, Aug 29- Henry Jarecki, one of the world's most prominent gold bugs, is a celebrated advocate of free markets with a legendary record in precious metals trading.

  • NEW YORK, Aug 29- Morgan Stanley has quietly filed plans to build and run one of the first U.S. compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil business.

  • Thailand plans to grow more sugar, swell global supply Thursday, 28 Aug 2014 | 11:17 PM ET

    *Support of rural population is key for govt in Thailand. BANGKOK, Aug 29- Thailand plans to boost the amount of land it uses to grow sugarcane, potentially increasing refined sugar output in the world's second-biggest exporter of the sweetener by around 10 percent, a government official said. The' rai' is a unit of measurement commonly used in Thailand.

  • BOSTON, Aug 28- An influential U.S. financial services industry group that shares information about cyber threats has said it is unaware of any "significant" cyber attacks, downplaying concerns about possible breaches at JPMorgan Chase& Co and other banks.

  • UPDATE 1-Google tests airborne drones to deliver goods Thursday, 28 Aug 2014 | 8:45 PM ET

    SAN FRANCISCO, Aug 28- Google Inc is developing airborne drones capable of flying on their own and delivering anything from candy to medicine, the Internet company said on Thursday.

  • Google building fleet of package-delivering drones Thursday, 28 Aug 2014 | 7:08 PM ET

    SAN FRANCISCO— Google's secretive research laboratory is trying to build a fleet of drones designed to bypass earthbound traffic so packages can be delivered to people more quickly.

  • The subpoenas are aimed at a US $4.7 bn facility provided by China Development Bank, ICBC and BOC to finance the construction of two hydroelectric dams in Patagonia and a US $2.1 bn loan from China Development Bank and ICBC to finance the Belgrano Cargas railway project.

  • NEW YORK, Aug 28- A Manhattan federal judge has dismissed a 12- year-old lawsuit accusing Ford Motor Co and IBM Corp of encouraging human rights abuses in apartheid-era South Africa, reluctantly concluding that the case does not belong in U.S. courts.

  • Final Glance: Gold companies Thursday, 28 Aug 2014 | 6:02 PM ET

    Barrick Gold Corp. rose$. 10 or. 6 percent, to $18.22. Gold Fields rose$. 15 or 3.3 percent, to $4.63. Newmont Mining Corp. rose$. 34 or 1.3 percent, to $26.86.

  • NEW YORK, Aug 28- Bank of America Corp on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27 billion penalty.

  • Final Glance: Utilities companies Thursday, 28 Aug 2014 | 6:02 PM ET

    American Electric Power Co. rose$. 17 or. 3 percent, to $53.32. Consolidated Edison Inc. Holding Co. rose$. 59 or 1.0 percent, to $57.73. Dominion Resources Inc. rose$. 37 or. 5 percent, to $69.85.

  • Final Glance: Insurance companies Thursday, 28 Aug 2014 | 6:02 PM ET

    Aflac Inc. fell$. 15 or. 2 percent, to $61.24. MBIA fell$. 09 or. 9 percent, to $10.35. XL Group PLC fell$. 09 or. 3 percent, to $34.07.

  • Final Glance: Staffing companies Thursday, 28 Aug 2014 | 6:02 PM ET

    Kelly Services Inc. class A fell$. 21 or 1.3 percent, to $16.35. Korn/Ferry International Inc. fell$. 51 or 1.7 percent, to $29.73. ManpowerGroup fell$. 94 or 1.2 percent, to $77.33.

  • Final Glance: Big-box Retail companies Thursday, 28 Aug 2014 | 6:02 PM ET

    Costco Wholesale Corp. fell$. 27 or. 2 percent, to $120.97. Target fell$. 44 or. 7 percent, to $60.35. Wal-Mart Stores Inc. rose$. 05 or. 1 percent, to $75.90.

  • Nasdaq stocks posting largest volume decreases Thursday, 28 Aug 2014 | 6:02 PM ET

    Bank of the James Financial Group: Approximately shares changed hands, a 99.4 decrease from its 65- day average volume. Canterbury Park: Approximately shares changed hands, a 99.9 decrease from its 65- day average volume. Citizens First Corp.: Approximately shares changed hands, a 100.0 decrease from its 65- day average volume.

  • Final Glance: Computer companies Thursday, 28 Aug 2014 | 6:02 PM ET

    Apple Inc s rose$. 12 or. 1 percent, to $102.25. Hewlett Packard Co. fell$. 17 or. 4 percent, to $37.99. International Business Machines Corp. fell$. 25 or. 1 percent, to $192.00.