GO
Loading...

Enter multiple symbols separated by commas

Top News & Analysis New York City

More

  • NEW YORK, Sept 3- In calmer times the U.S. employment report due to be published on Friday would be the Federal Reserve's best and last economic signal before it decides whether to raise interest rates later this month for the first time in nearly a decade. "Because of the volatility, you'll need an even stronger report to get them to hike," said Thomas Costerg, senior...

  • NEW YORK, Sept 3- The euro fell on Thursday on a darkening euro zone outlook, while global stock markets rallied as the European Central Bank chief pledged to beef up or prolong the bank's economic stimulus if necessary. ECB President Mario Draghi's comments on the bank's bond-buying program came as the ECB cut its inflation and growth forecasts for the euro zone,...

  • NEW YORK, Sept 3- The euro fell 1 percent on Thursday, surrendering most of the solid gains put up against the dollar since China devalued the yuan last month, after European central bankers cut economic growth targets and left interest rates unchanged. The European Central Bank lowered its forecasts for inflation and economic growth, citing a slowdown in...

  • NEW YORK— A painting of a female nude by Amedeo Modigliani that caused a scandal nearly a century ago is going on the auction block for the first time ever. It was among a series of female nudes created for his friend and dealer Leopold Zborowski. It's been exhibited at major museums around the world including New York's Museum of Modern Art.

  • *Joy Global falls after slashing full-year forecast. Sept 3- Wall Street opened higher on Thursday as data pointed to a strengthening U.S. economy and the European Central Bank indicated it could prolong its stimulus program. The ECB also cut its inflation and growth forecasts for the euro zone in the wake of lower oil prices, weaker growth in China and a...

  • NEW YORK, Sept 3- U.S. services sector growth remained robust during August but backed away from a ten-year peak touched in July as new orders, employment and pricing eased month over month, an industry report showed on Thursday. The Institute for Supply Management said its services index fell to 59 last month from 60.3 in July, which was its highest since August...

  • NEW YORK— AOL, now owned by Verizon, plans to buy mobile advertising company Millennial Media in a deal worth about $248 million. Millennial Media, based in Baltimore, runs a marketplace where publishers and marketers can buy ads or sell ad space on mobile websites, videos and apps. AOL is paying $1.75 for each share of Millennial Media, a 31 percent premium from its...

  • CHICAGO, Sept 3- Metals company Alcoa Inc said on Thursday it will invest $60 million to expand its research and development center in Pennsylvania to explore ways to make 3 D printing viable on an industrial scale to produce parts for the aerospace, automotive and construction sectors. The move is part of New York- based Alcoa's strategy of investing in more...

  • PHILADELPHIA— Want a close-up view of Pope Francis celebrating Mass in Philadelphia? Organizers said tickets will be required to get within five blocks, or about a half mile, of the altar on the Benjamin Franklin Parkway on Sept. 27. Tickets are being distributed to the 219 parishes in the Philadelphia Archdiocese, as well as surrounding parishes in Pennsylvania,...

  • *Joy Global falls after slashing full-year forecast. Sept 3- Wall Street was set to open higher on Thursday as weekly jobs data indicated a strengthening labor market, a day ahead of the more critical monthly jobs report, which may feed into the Federal Reserve's interest rate decision. Friday's monthly jobs data will be the last before the Fed meets on Sept. 16-17.

  • ANKARA, Turkey— Two Vice News journalists who were arrested in Turkey on terror-related charges have been released from jail, a Turkish government official said Thursday. Also detained was their Turkey- based assistant and translator, Mohammed Ismael Rasool. A government official told The Associated Press that Hanrahan and Pendlebury were freed on Thursday...

  • Sept 3- Campbell Soup Co reported an 8.6 percent fall in fourth-quarter sales, hurt by a strong dollar, weak sales of its soups and cookies, and one less week in the quarter. Sales in the global baking and snacking unit, which includes Pepperidge Farm cookies and Goldfish crackers, fell 12 percent to $553 million. Net income attributable to the company halved to $68...

  • The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share. Fourteen analysts surveyed by Zacks expected $7.03 billion. Medtronic expects full-year adjusted earnings in the range of $4.30 to $4.40 per share.

  • Sept 3- Packaged foods maker Campbell Soup Co reported an 8.6 percent fall in quarterly sales, hurt by a strong dollar and weak sales in its U.S. simple meals business. Net income attributable to the company fell to $68 million, or 22 cents per share, in the fourth quarter ended Aug. 2, from $137 million, or 43 cents per share, a year earlier. Net sales fell to $1.69 billion...

  • CHICAGO/ NEW YORK, Sept 2- The closure of two ethanol plants this week and proposed sale of a third highlight the growing challenges faced by small producers located far from cheap feedstock supplies in the U.S. The biggest producers such as No. 1 Archer Daniels Midland Co and Green Plains Inc said they have benefited this summer from better-than-expected fuel...

  • *Iceland produces enough energy to power 1.65 million homes in a year, far more than its 300,000- strong population, according to 2013 data from Iceland's energy authority and Reuters calculations. *Cables connect Iceland to the United States via Greenland and Canada, to Britain and to mainland Europe via Denmark and Germany. *Iceland plans to expand this...

  • NEW YORK— U.S. and global stocks rose broadly in late-morning trading Thursday, helped by comments from European Central Bank policymakers, who said they were willing to provide more stimulus to the region's economy, if needed. READY TO ACT: The European Central Bank said it's ready to give the eurozone a bigger dose of stimulus should inflation across the 19-...

  • The New York- based Islamic Circle of North America has erected 100 billboards over the summer that feature statements such as: "Muhammad believed in peace, social justice, women's rights" and "Muhammad always taught love, not hate; peace, not violence." They are in cities including Boston; New York; Phoenix; San Diego; El Paso and Austin, Texas; Memphis, Tennessee;...

  • BOSTON, Sept 2- Hedge fund mogul William Ackman, one of last year's best performers, joined a string of high profile managers in reporting deep losses for August as global markets tumbled amid fears over slower growth in China. Ackman's Pershing Square Capital Management, which makes concentrated bets on a small number of stocks, told clients on Wednesday that...

  • NEW YORK, Sept 2- Bitcoin exchange itBit has hired Daniel Alter as the company's new general counsel and chief compliance officer, the firm announced on Wednesday. "The New York State Public Officers law requires that I have a two-year recusal before I can appear before the New York Department of Financial Services on behalf of the company," said Alter, who left the...