New York's luxury property market was on fire in 2014, with high-end home prices registering the biggest gains globally, according to Knight Frank.» Read More
*Zynga shares slide after warning, Facebook slips. Labor Department data showed the jobless rate dropped by 0.3 percentage point in September to 7.8 percent, its lowest since January 2009, even as Americans came back into the labor force to resume the hunt for work.
NEW YORK-- The man widely known as "Big" gets even bigger: He's playing J.P. Morgan, one of history's towering business magnates. It was one of Morgan's businesses that funded the Titanic, and Chris Noth appears in a supporting role in "Titanic: Blood and Steel," an epic 12- part miniseries about the building of the great ship.
NEW YORK-- A billionaire wine investor waited too long to file a lawsuit that claimed a New York auction house misrepresented a Bordeaux as belonging to Thomas Jefferson. A three-judge federal panel issued the ruling Thursday. It said William Koch missed the deadline when he filed the suit in 2005..
Eight of the 10 industry groups in the S&P 500 rose, led by a 1.1 percent gain for materials stocks. "We're in rally mode, so slightly positive numbers will do nothing to hinder that," said Ralph Fogel, investment strategist and partner at Fogel Neale Partners in New York. The Labor Department also said employers added 114,000 jobs to their payrolls last month.
BUFFALO, N.Y.-- The Cuomo administration has announced a $3.3 million project that will enhance public access to a stretch of Buffalo, N.Y.' s Lake Erie shoreline.
DENVER-- Colorado's governor is hinting that he'll announce hundreds of new jobs in an economic development announcement Friday. John Hickenlooper planned a Denver event for the announcement.
NEW YORK-- Shares of Fleetmatics jumped in their first day of trading on the New York Stock Exchange. The IPO priced at the high end of the $15 to $17 range Fleetmatics previously projected.
NEW YORK, Oct 5- A surprisingly sharp drop in U.S. unemployment helped President Barack Obama's odds of re-election regain half the ground lost in his debate with challenger Mitt Romney on Wednesday.
NEW YORK, Oct 5- As the calendar page flips to October, we are fully and unquestionably into autumn.
DETROIT-- General Motors Co. said Friday that it plans to close its hydrogen fuel-cell research operation near Rochester, N.Y., and move about 220 jobs to Michigan. The Detroit- based automaker said the move will bring together experts on engine and transmission technology.
NEW YORK-- Federal officials have cited a company for safety violations in connection to a Manhattan crane crash in April that killed a 30- year-old laborer working on the extension of the No. 7 subway line. The Occupational Safety and Health Administration announced Thursday it had cited Yonkers Contracting Co. Inc. with 10 serious violations.
ALBANY, N.Y.-- New York taxpayers paid more than $5 million in the last two years to settle more than a dozen sexual harassment cases against state workers, according to records obtained Thursday. The cases include $1.79 million paid to a woman who worked for the state prisons system in western New York.
*Nonfarm payrolls rose 114,000 in September* Unemployment rate falls to 7.8 percent, lowest since 2009* Household survey shows most job gains since 1983* Average hourly earnings gain 7 cents* Report is second to last before Nov. 6 elections By Lucia Mutikani.
Phil Bryant is renewing his focus on promoting energy-related development. He said Mississippi should focus on energy development because it has natural advantages in the area and because the field produces high-paying jobs. "Most energy jobs pay twice the average household income in Mississippi," the governor said.
NEW YORK, Oct 5- U.S. stocks extended gains on Friday, and the Dow Jones industrial average hit its highest in almost five years, after government data showed a surprise drop in the unemployment rate. The Dow Jones industrial average rose 82.57 points, or 0.61 percent, to 13,657.93.
On Friday, Lehman Brothers Inc. and Lehman Brothers International said that their agreement would allow them to proceed with plans to allocate and distribute assets to customers and creditors. Bankruptcy Judge James M. Peck and an order of the English High Court.
Benchmark oil closed down $1.83 to $89.88 per barrel in New York. But those extra commuters might not budge the needle on gas demand, which was down 2.5 percent from a year earlier in the four weeks ended Sept. 28, according to Energy Department figures released Wednesday.
NEW YORK, Oct 5- A measure of future U.S. economic expansion eased modestly last week though the annualized growth rate continued to climb, a research group said on Friday.
NEW YORK, Oct 5- U.S. natural gas futures mostly edged up slightly on Friday, backed by cold U.S. weather forecasts for the next week that should stir more demand despite early pressure from Thursday's bearish weekly inventory report and a mild mid-month outlook. I don't see how you get bullish here, "a Texas- based cash trader said.
NORFOLK, Va.-- Virginia International Terminals Inc. defended its record as the operator for the Virginia Port Authority on Thursday, saying its past success is irrefutable. The state created Virginia International Terminals in 1983.. VIT promotes Virginia and Virginia only, "said Joseph Ruddy, executive vice president for Virginia International Terminals.