GO
Loading...

New York

More

  • *Moscow lab complained some chips were faulty. Federal prosecutors in Brooklyn, New York unsealed an indictment charging 11 alleged participants in the network, as well as companies based in Houston, Texas, and Moscow, with illegally exporting high-tech components from the United States to Russian security agencies.

  • NY judge gives poker money man jail for bank fraud Wednesday, 3 Oct 2012 | 6:04 PM ET

    Las Vegas resident Chad Elie, 32, was sentenced by U.S. District Judge Lewis A. Kaplan, who also ordered him to forfeit $500,000. The judge rejected a recommendation by the federal Probation Department that Elie be sentenced to probation, six months of home confinement and community service.

  • Oct 3- The bankrupt maker of the Twinkies snack cake, Hostess Brands Inc, received court permission on Wednesday to impose a pay-cutting collective bargaining agreement on thousands of workers in a bakery union, a company spokesman said.

  • NEW YORK, Oct 3- Investors in U.S.-based mutual funds pulled the most money out of stock funds since the start of the year and continued to pile into bond funds as concerns rose over whether Spain would seek a bailout, data from the Investment Company Institute showed in the latest week.

  • *China, Europe services PMI disappoint. NEW YORK, Oct 3- Oil prices fell sharply on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth and a weakening demand for petroleum, even as supportive U.S. data strengthened the dollar.

  • Investor says Wet Seal backs out of agreement Wednesday, 3 Oct 2012 | 5:23 PM ET

    NEW YORK-- The Clinton Group Inc., which is in a proxy fight with Wet Seal Inc., said Wednesday that the retailer has reneged on an offer to give up majority control of its board. However the Clinton Group said that Wet Seal's banker contacted the firm on Tuesday and said "It appears you have won".

  • US gas prices trickle lower except on coasts Wednesday, 3 Oct 2012 | 5:12 PM ET

    Motorists in California paid an average of $4.232 per gallon Wednesday. That's 45 cents higher than the national average and exceeded only by Hawaii among the 50 states. Prices in New York, Connecticut and New Hampshire are at or near highs for the year.

  • NEW YORK, Oct 3- U.S. crude futures fell 4 percent on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth, even after data showed U.S. crude stocks fel l an d other supportive U.S. data strengthened the dollar.

  • NEW YORK, Oct 3- Atlas Pipeline Partners has completed an expansion at its Wayonka natural gas processing facility in northwest Oklahoma, the company said on Wednesday. The new unit will add 200 million cubic feet per day of capacity at the plant, which receives natural gas and natural gas liquids from the Mississippi Lime fields in the region.

  • BHP may bid for Petrobras Gulf stake - WSJ Wednesday, 3 Oct 2012 | 5:07 PM ET

    is among the companies talking to Petrobras about buying a stake in the Brazilian state-led oil company's Gulf of Mexico oil fields, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Petrobras has said it is looking for a buyer for a portion of its multi-billion dollar Gulf of Mexico holdings.

  • Netflix, DR Horton, DR Horton are market movers Wednesday, 3 Oct 2012 | 5:06 PM ET

    NEW YORK-- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:. A Citi analyst maintained his "Buy" rating on the homebuilder's stock and raised his price target to $25 from $19 on margins.

  • Cotton rises in range bound trade buoyed by grains Wednesday, 3 Oct 2012 | 5:06 PM ET

    NEW YORK, Oct 3- Cotton prices rose for a third day on Wednesday in range bound trade as early seasonal selling waned and speculative buying emerged driven by a recovery in grains prices. New York cotton for December delivery. Today it got some help from the grain markets, "said Andy Ryan, risk management consultant at INTL FCStone.

  • Price of oil drops near $88 per barrel Wednesday, 3 Oct 2012 | 5:02 PM ET

    NEW YORK-- Oil prices fell the most in five months on Wednesday as China's slowing economy raised questions about the strength of global oil demand. On the New York Mercantile Exchange:. Benchmark crude fell $3.75, or 4.1 percent, to finish at $88.14 per barrel.

  • Marriott turned a profit in 3Q on higher prices Wednesday, 3 Oct 2012 | 5:00 PM ET

    NEW YORK-- Marriott International Inc. said Wednesday that it turned a bigger-than-expected profit in the third quarter on higher prices and strong occupancy rates. The results topped Wall Street's and Marriott's own expectations. Marriott is the first major hotel company to report earnings for the peak summer travel season.

  • TEXT-S&P raises Pall Corp rating to 'BBB+' Wednesday, 3 Oct 2012 | 4:59 PM ET

    --Port Washington, N.Y.- based filtration and separation equipment and products manufacturer Pall Corp.. has maintained solid credit measures, and we believe its financial policy will be sufficiently conservative to support a' BBB+' rating.

  • Embraer shares fall after downgrade Wednesday, 3 Oct 2012 | 4:55 PM ET

    NEW YORK-- Shares of Embraer SA lost 4 percent Wednesday after an analyst downgraded the Brazilian plane maker's stock citing weak demand for regional and business jets.

  • Seacrest: No problem with feuding judges Wednesday, 3 Oct 2012 | 4:52 PM ET

    NEW YORK-- Feuding divas on "American Idol"? Ryan Seacrest says that's just great. The show's host said Wednesday that things got intense between new judges Nicki Minaj and Mariah Carey during a tryout taping the previous day in Charlotte, N.C..

  • NEW YORK, Oct 3- U.S. crude futures fell 4 percent on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth, even after data showed U.S. crude stocks fell last week and other supportive U.S. data strengthened the dollar.

  • Birkenfeld, now living in New Hampshire, helped lead the IRS to collect hundreds of millions of dollars in U.S. taxes owed on money stashed in Swiss bank UBS AG, where he once worked. Despite the case, the IRS program, which was overhauled in 2006, has been criticized for moving too slowly. Confidentiality laws keep information about IRS payouts minimal.

  • US Quakers sell shares over Israel policy concerns Wednesday, 3 Oct 2012 | 4:40 PM ET

    Friends Fiduciary Corp., a Philadelphia nonprofit, sold its shares in Caterpillar Inc., Hewlett-Packard Co. and Veolia Environment after a review was requested by the Ann Arbor Friends Meeting.