The peer-to-peer home-sharing website Airbnb faces new opposition in New York.» Read More
HONG KONG— Alibaba's choice of New York over Hong Kong for its blockbuster IPO was a blow for the Chinese financial center.
NEW YORK— Do you leave a tip in your hotel room for the maid? Marriott is launching a program with Maria Shriver to put envelopes in hotel rooms to encourage tipping. Some 750 to 1,000 hotels will participate from Marriott brands like Courtyard, Residence Inn, J.W. Marriott, Ritz-Carlton and Renaissance hotels.
He's the subject of an exhibition at Brooklyn's historic Green-Wood Cemetery where he's buried— just miles from Coney Island where he lived and worked. "William F. Mangels: Amusing the Masses on Coney Island and Beyond" runs through Oct. 26 at the cemetery's chapel.
WASHINGTON— Income inequality is taking a toll on state governments. "Rising income inequality is not just a social issue," said Gabriel Petek, the S&P credit analyst who wrote the report. Stagnant pay for most people has compounded the pressure on states to preserve funding for education, highways and social programs such as Medicaid.
*Aussie extends fall on disappointing China data. *China's factory output grows at weakest pace in nearly six years. "China data was the catalyst of the move lower.
BUENOS AIRES, Sept 14- Argentina will pay holders of its restructured sovereign debt thanks to a bill passed by its Congress last week despite a U.S. court ruling, the country's economy minister told a local radio show on Sunday.
BEIJING, Sept 15- Inside Alibaba, where co-founders are revered like rock stars, relatively few employees know about the soft-spoken executive who for years kept his same cramped office, unfashionable clothes and the self-effacing demeanor of a metalworker's son.
Since the national network started in 2010, Slow Money networks and investment clubs around the country, including in Maine, Massachusetts, California, North Carolina, and in cities like Boston and New York, have made a total of $38 million in investments in 350 small food enterprises.
The service, which will work both with iPhones and Apple's new Watch, is backed by a host of big retailers, along with most major banks and credit card issuers, including Visa, MasterCard and American Express. Starbucks, McDonald's, PayPal, Google and Square offer their own services, but only a small portion of customers use them.
SAN FRANCISCO/ WASHINGTON, Sept 12- Islamic State's Twitter users, which have trumpeted the group's violent acts and worldview on the social media service, have gone abruptly quiet in past days.
BUENOS AIRES, Argentina— A law designed to restructure Argentina's debt and sidestep a U.S. court ruling that pushed the government into default could be difficult to apply and worsen the country's frail economy, analysts say.
NEW YORK— Equipment rental company United Rentals Inc. and hospital operator Universal Health Services Inc. are being added to the Standard& Poor's 500 index, S&P 500 Dow Jones Indices said Friday.
Greek businessman and ship owner Victor Restis last year sued UANI for defamation after the New York- based group, whose advisors include former intelligence officials from the United States, Europe and Israel, accused him of violating sanctions on Iran by exporting oil from the country.
Syncora, which pegs its claim at about $400 million, worked out a three-part deal involving city-owned land and contracts.
The shares rose$. 01 or. 1 percent to $9.90. Chanticleer Holdings Inc.: Approximately 290,600 shares changed hands, a 1,121.9 percent increase over its 65- day average volume. The shares rose$. 27 or 13.6 percent to $2.25.
Bank of America Corp. rose$. 22 or 1.3 percent, to $16.79. Citigroup Inc. rose$. 15 or. 3 percent, to $52.38. Goldman Sachs rose $2.17 or 1.2 percent, to $183.17.
Barrick Gold Corp. fell$. 34 or 2.0 percent, to $16.52. Gold Fields fell$. 04 or. 9 percent, to $4.35. Newmont Mining Corp. fell$. 42 or 1.6 percent, to $25.17.
American Electric Power Co. fell $1.06 or 2.0 percent, to $52.48. Consolidated Edison Inc. Holding Co. fell$. 85 or 1.5 percent, to $56.43. Dominion Resources Inc. fell $1.34 or 1.9 percent, to $68.58.
Allergan rose$. 92 or. 5 percent, to $169.25. Baxter International Inc. fell$. 39 or. 5 percent, to $74.70. Boston Scientific Corp. fell$. 04 or. 3 percent, to $12.50.
NEW YORK— Shares of some top chemicals companies were down at the close of trading:. Dow Chemical Co. fell$. 21 or. 4 percent, to $52.67. DuPont Co. fell$. 35 or. 5 percent, to $64.78.