The NWS failed to staff an elite team of emergency forecasters and it cost NYC an estimated $200 million, NBC New reports.» Read More
A U.S. Treasury official and a director at the New York Federal Reserve are among those who have been considered to replace two hawkish Fed policymakers, according to people familiar with the searches.
The evidence even suggests they were annoyed that their assignment wasn't more like a James Bond film. Russian Foreign Ministry spokesman Alexander Lukashevich countered by accusing U.S. authorities of manufacturing a spy scandal as part of its "anti-Russian campaign." Annemarie McAvoy, a Fordham Law professor and former federal prosecutor, said the latest...
NEW YORK, Jan 31- JPMorgan Chase& Co, the largest U.S. bank, agreed to pay $99.5 million to settle its portion of an antitrust lawsuit in which investors accuse 12 major banks of rigging prices in the $5.3 trillion- a-day foreign exchange market. Made public on Friday night, the settlement is the first in the nationwide litigation and resolved claims over JPMorgan's...
The government says more than 2 million Toyota, Chrysler and Honda vehicles need a second fix for air bags that may inadvertently inflate while the car is running. Carmakers originally tried to fix the defects by partially replacing the electronic control unit, made by TRW Automotive Holdings Corp. of Livonia, Mich., but that fix didn't always work.
Final decisions are not imminent in the efforts to find successors to Philadelphia Fed President Charles Plosser, who steps down March 1, and Richard Fisher of the Dallas Fed, who retires on March 19. James McAndrews, who heads up research at the neighboring New York Fed, was considered for the job in Philadelphia, where he once worked. Regular golfing partners,...
LAGUNA BEACH, California— An exceedingly opulent seaside resort in Southern California has sold for an eye-popping $360 million. That price tag for the Montage Laguna Beach— which comes to $1.4 million per room— "shattered the price barrier for California hotels by a wide margin," hotel consultant Alan Reay of Atlas Hospitality tells the Los Angeles Times on...
SARASOTA, United States- Federal Reserve Bank of Atlanta Executive Vice President David Altig and Federal Reserve Bank of Dallas Senior Vice President Mine Yucel participate in "The Economic Outlook, Monetary Policy and Energy: Thoughts from Federal Reserve Research Directors" event hosted by the New College of Florida and the Global Interdependence...
WASHINGTON/ SAN FRANCISCO, Jan 30- AT&T Inc spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Dish Network Corp spending heavily to manage a surprise win at No.2 ahead of Verizon, results showed on Friday. Verizon and T-Mobile bids were $10.4 billion and $1.8 billion, respectively, according to the results of the Federal...
Ford Motor Co. fell$. 14 or. 9 percent, to $14.71. General Motors Co. fell$. 54 or 1.6 percent, to $32.62. Honda Motor Co. fell$. 41 or 1.3 percent, to $30.22.
Caterpillar fell$. 03 or percent, to $79.97. Deere& Co. fell$. 72 or. 8 percent, to $85.19. Terex fell$. 56 or 2.4 percent, to $22.48.
Costco Wholesale Corp. rose $2.35 or 1.7 percent, to $142.99. Target fell $1.88 or 2.5 percent, to $73.61. Wal-Mart Stores Inc. fell $2.74 or 3.1 percent, to $84.98.
Brinker International Inc. fell $1.52 or 2.5 percent, to $58.43. Chipotle Mexican Grill Inc. fell $4.69 or. 7 percent, to $709.84. Darden Restaurants Inc. fell$. 84 or 1.4 percent, to $61.38.
CVS Health Corp. fell $1.95 or 1.9 percent, to $98.16. Rite Aid fell$. 28 or 3.9 percent, to $6.98. Walgreen Boots Alliance Inc. fell$. 82 or 1.1 percent, to $73.75.
NEW YORK— Shares of some top telecom companies were down at the close of trading:. AT&T Inc. fell$. 04 or. 1 percent, to $32.92. Verizon Communications Inc. fell$. 40 or. 9 percent, to $45.71.
American Express Co. fell $1.31 or 1.6 percent, to $80.69. Capital One Financial Corp. fell $1.75 or 2.3 percent, to $73.21. Discover Financial Services fell$. 46 or. 8 percent, to $54.38.
Amgen Inc. fell $4.11 or 2.6 percent, to $152.26. Biogen Idec rose $35.91 or 10.2 percent, to $389.16. Celgene Corp. fell $1.71 or 1.4 percent, to $119.16.
Comcast Corp. fell$. 73 or 1.3 percent, to $53.15. Walt Disney Co. fell $2.26 or 2.4 percent, to $90.96. Gannett fell$. 75 or 2.4 percent, to $31.01.
Arch Coal rose$. 03 or 3.0 percent, to $0.93. Consol Energy Inc. fell$. 31 or 1.1 percent, to $28.95. Peabody Energy rose$. 11 or 1.8 percent, to $6.23.
Advanced Emissions Solutions Inc.: Approximately 1,943,700 shares changed hands, a 1,780.1 percent increase over its 65- day average volume. The shares fell $9.21 or 46.5 percent to $10.61. Books-A-Million Inc.: Approximately 529,000 shares changed hands, a 2,431.4 percent increase over its 65- day average volume.
NEW YORK— Shares of some top construction companies were mixed at the close of trading:. Fluor rose$. 55 or 1.0 percent, to $53.59. Quanta Services Inc. fell$. 31 or 1.2 percent, to $26.48.