New York City


  • Do you need to break the bank to get a good phone? Monday, 24 Nov 2014 | 3:01 AM ET

    Sales of high-end Samsung and Apple phones remain robust, but demand for budget phones is growing. About a third of the smartphones sold in the U.S. between July and September cost less than $200, up from 18 percent a year ago, according to tech research firm IDC. A top-end phone costs $600 to $700 at full price, before the subsidies some phone companies offer in...

  • Review: 3 cheap smartphones to consider Monday, 24 Nov 2014 | 3:01 AM ET

    NEW YORK— The cheapest smartphones don't have all the gizmos of Apple or Samsung models, but I'm impressed by how many features you do get for roughly a third of the price. Processors are slower, yet that's not so noticeable for basic tasks such as email, Facebook and weather checks. But those come with a price tag starting at about $650.

  • NEW YORK, Nov 24- U.S. fund firms are taking extra measures to make sure they don't get stuck holding hard-to-sell bonds in the event that fixed income markets see a massive race to the exits when interest rates start to rise. Over the past few months a growing number of asset managers, including Neuberger Berman, Natixis Global Management and T. Rowe Price have been...

  • HONG KONG, Nov 24- A court in Hong Kong on Monday adjourned the trial of a 29- year-old British banker charged with killing two women until July because of the length of time needed for prosecutors to prepare their case. Rurik Jutting, who had worked at Bank of America Corp in Hong Kong, was charged earlier this month after police found the bodies of the women in his...

  • Nov 23- The average price of a gallon of gasoline in the United States dropped 10 cents in the past two weeks, hitting a four-year low, according to the latest Lundberg survey released on Sunday. The gasoline price is down about 41 cents a gallon from a year ago and has dropped 88 cents from a 2014 peak of $3.72 in May. The highest price within the survey area within 48 U.S....

  • Does bad behavior really hurt business? Sunday, 23 Nov 2014 | 9:19 AM ET

    NEW YORK— Silicon Valley seems to have more than its share of companies behaving badly. So far Uber's investors, which include Google Ventures and prominent venture capital firms that poured $1.2 billion into the company at its latest funding round, have remained quiet. "I think it's going to alienate some potential customers but I doubt, given what's happened to...

  • Health care M&A leads global deal surge Sunday, 23 Nov 2014 | 9:01 AM ET

    "Health care has been a sleepy niche of M&A until recently, but the giant has been awakened," says Ken Menges, a senior partner handling M&A at law firm Akin Gump in New York. To a large extent, the deals are being driven by "cost pressure on the entire health care system," as insurers and government health plans increasingly hold down or even reduce reimbursements to drug,...

  • Ohio college building indoor drone pavilion Saturday, 22 Nov 2014 | 1:37 PM ET

    Sinclair Community College officials say the 40- foot high pavilion resembling a traditional aircraft hangar will be built adjacent to a building in Dayton that houses some of its education and training programs in unmanned aerial systems and aviation. The indoor pavilion will allow students to fly drones without having to deal with weather issues or...

  • NY's poor gain from health insurance changes Saturday, 22 Nov 2014 | 10:36 AM ET

    NEW YORK— A year into New York's operation of a medical insurance exchange, more than half of the people with new coverage qualified for Medicaid— the federal program for the poor— and many didn't know they were eligible until the push under the Affordable Care Act. Overall, 370,604 people were enrolled with commercial and nonprofit insurers, 525,283 in Medicaid;...

  • Man pleads guilty in New York cybercrime case Friday, 21 Nov 2014 | 8:02 PM ET

    NEW YORK— Prosecutors say a California man has pleaded guilty in New York City for his role marketing malware that federal authorities say infected more than a half-million computers worldwide. Brendan Johnston entered his plea to a charge of conspiracy to commit computer hacking before a Manhattan federal judge Friday. Attorney Preet Bharara says the 24-...

  • The FCC had asked media companies to disclose their contracts with pay-TV providers as it reviewed AT&T Inc's acquisition of DirecTV and Comcast Corp's merger with Time Warner Cable Inc.. Media companies including Time Warner, Walt Disney Co and CBS Corp had approached the U.S. Court of Appeals for the District of Columbia Circuit, saying the FCC's order would...

  • Final Glance: Drugstore companies Friday, 21 Nov 2014 | 6:02 PM ET

    CVSCaremark rose$. 08 or. 1 percent, to $89.33. Rite Aid rose$. 03 or. 5 percent, to $5.55. Walgreen rose$. 25 or. 4 percent, to $67.59.

  • Final Glance: Big-box Retail companies Friday, 21 Nov 2014 | 6:02 PM ET

    Costco Wholesale Corp. rose$. 47 or. 3 percent, to $139.72. Target rose$. 32 or. 4 percent, to $71.51. Wal-Mart Stores Inc. rose$. 07 or. 1 percent, to $84.65.

  • Final Glance: Education companies Friday, 21 Nov 2014 | 6:02 PM ET

    Apollo Group rose$. 51 or 1.7 percent, to $30.81. Career Education Corp. rose$. 13 or 2.3 percent, to $5.78. Strayer Education Inc. fell$. 37 or. 5 percent, to $75.69.

  • Final Glance: Computer companies Friday, 21 Nov 2014 | 6:02 PM ET

    Apple Inc s rose$. 16 or. 1 percent, to $116.47. Hewlett Packard Co. rose$. 33 or. 9 percent, to $37.26. International Business Machines Corp. rose$. 28 or. 2 percent, to $160.92.

  • Final Glance: Autos companies Friday, 21 Nov 2014 | 6:02 PM ET

    Ford Motor Co. fell$. 03 or. 2 percent, to $15.43. Honda Motor Co. rose$. 58 or 1.9 percent, to $31.74. Toyota Motor Corp. rose $1.57 or 1.3 percent, to $121.29.

  • NYSE stocks posting largest volume decreases Friday, 21 Nov 2014 | 6:02 PM ET

    NEW YORK— A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:. American Realty Investors Inc.: Approximately 400 shares changed hands, a 88.5 decrease from its 65- day average volume. The shares rose$. 02 or. 2 percent to $7.19.

  • Final Glance: Consumer companies Friday, 21 Nov 2014 | 6:02 PM ET

    Colgate-Palmolive Co. rose$. 28 or. 4 percent, to $68.34. Kimberly-Clark Corp. rose$. 88 or. 8 percent, to $113.61. Procter& Gamble Co. rose$. 13 or. 1 percent, to $88.60.

  • Final Glance: Telecom companies Friday, 21 Nov 2014 | 6:02 PM ET

    NEW YORK— Shares of some top telecom companies were up at the close of trading:. AT&T Inc. unchanged at $35.28. Verizon Communications Inc. rose$. 02 or percent, to $50.21.

  • Final Glance: Credit Card companies Friday, 21 Nov 2014 | 6:02 PM ET

    American Express Co. fell$. 23 or. 3 percent, to $90.39. Capital One Financial Corp. rose$. 12 or. 1 percent, to $81.21. Mastercard rose$. 12 or. 1 percent, to $84.72.