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Top News & Analysis New York City

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  • Those who remain bullish on China's long-run economic prospects have switched more of their focus to the Hong Kong market because valuations are lower, it is better regulated, and less prone to the whims of officials in Beijing than the mainland markets in Shanghai and Shenzhen. Those include betting against the currencies of Asian trading partners, and...

  • Sept 3- Genzyme Corp agreed to pay $32.59 million, admit wrongdoing and enter a deferred prosecution agreement to resolve U.S. criminal charges over its marketing of the surgical implant Seprafilm, the Department of Justice said on Thursday. Sanofi bought Genzyme in 2011.. According to papers filed with the federal court in Tampa, Florida, Genzyme admitted and...

  • Sept 3- Genzyme Corp agreed to pay $32.59 million, admit wrongdoing and enter a deferred prosecution agreement to resolve U.S. criminal charges over its marketing of the surgical implant Seprafilm, the Department of Justice said on Thursday. Sanofi bought Genzyme in 2011.. According to papers filed with the federal court in Tampa, Florida, Genzyme admitted and...

  • Sept 3- AstraZeneca Plc on Thursday said the U.S. Food and Drug Administration approved a new dose of its blood thinner Brilinta intended for longer-term use in patients with a history of heart attack or a condition known as acute coronary syndrome. The FDA approved Brilinta tablets at a new 60 milligram dose that would be taken along with aspirin beyond a year...

  • NEW YORK, Sept 3- Puerto Rico is getting attention from 2016 presidential hopefuls, who are making early stops in the U.S. territory, likely in part due to the rapidly growing number of Puerto Ricans living in the key battleground state of Florida. "The Puerto Rico vote in Florida, a swing state, is substantial," said U.S. Clinton, the leading Democratic candidate and...

  • NEW YORK, Sept 3- Puerto Rico is getting attention from 2016 presidential hopefuls, who are making early stops in the U.S. territory, likely in part because of the fast-growing number of Puerto Ricans living in the key battleground state of Florida. Then comes Florida with 987,663; New Jersey with 478,439; Pennsylvania with 418,792, Massachusetts with 283,568;...

  • NEW YORK— Kraft Heinz is expanding a recall of Kraft Singles products, saying a problem with the packaging film affects 10 times as many cases as it first thought. Kraft Heinz recalled 36,000 cases on July 31 for the same reason. The products were sold in the U.S., Puerto Rico, and 10 other countries and territories: Anguilla, the Bahamas, Belize, Bermuda, Grand Cayman,...

  • LOS ANGELES, Sept 3- Chipotle Mexican Grill Inc, known for its indulgent burritos, is battling a "Chubby Chipotle" ad campaign from the food industry group whose "Nanny" ads helped sink New York City's ban on super-sized sugary drinks. The Center for Consumer Freedom's full-page advertisement in Thursday's New York Post depicts a smiling, shirtless, overweight...

  • NEW YORK, Sept 3- Stocks edged higher on Wall Street in another volatile session on Thursday while the euro fell 1 percent on a darkening euro zone outlook as investors grew cautious ahead of the closely watched U.S. monthly jobs report. Global stock markets rallied earlier following a pledge from European Central Bank President Mario Draghi to beef up or...

  • NEW ORLEANS— Environmental groups signed a settlement agreement Thursday to resolve their lawsuit against a New Orleans company that has failed to end a decade-old oil leak in the Gulf of Mexico. The New York- based Waterkeeper Alliance says the company will release more information about its efforts to stop oil from leaking at the site where one of its...

  • NEW YORK— A doctor who has an office at New York's Kennedy Airport is accused of selling oxycodone prescriptions to his patients, prosecutors said Thursday in announcing his arrest. Gerald Surya, 45, was arrested Thursday morning at his Long Island home on 26 counts of criminal sale of a prescription, said Bridget Brennan, New York City's special narcotics...

  • NEW YORK— In a story Sept. 2, The Associated Press reported that news from the AP will be available on Apple's News app through an RSS feed.

  • NEW YORK, Sept 3- The euro fell 1 percent on Thursday on a darkening euro zone outlook, while U.S. stocks pared sharp early gains to end barely higher as investors grew cautious ahead of Friday's August jobs report. Global stock markets rallied earlier in the session following a pledge from European Central Bank President Mario Draghi to beef up or prolong the...

  • NEW YORK _ Vince Holding Corp. on Thursday reported a fiscal second-quarter loss of $5 million, after reporting a profit in the same period a year earlier. Vince Holding expects full-year earnings in the range of 31 cents to 37 cents per share, with revenue in the range of $285 million to $295 million. Vince Holding shares have decreased 64 percent since the...

  • NEW YORK— Authorities say a 19- year-old construction worker is dead and two others are seriously injured after a wall collapsed on them at a Brooklyn construction site. It happened at 11:37 a.m. Thursday at a building on Myrtle Avenue in the Bedford- Stuyvesant neighborhood. Officials said the three men were working on the building when a cinder block wall...

  • NEW YORK— China's economic problems have been a windfall for some U.S. small businesses— and pose a threat to others. Fucci is heading to China this weekend on a sales trip, optimistic that she'll find more buyers. But U.S. small businesses overall may feel little impact from the weakness in China's economy, says Ravi Madhavan, a professor at the University of...

  • NEW YORK— Authorities say a doctor who's treated airline pilots at New York's Kennedy Airport is accused of selling oxycodone prescriptions. Prosecutors say Surya, who has an office at a medical facility at Kennedy Airport, wrote prescriptions for people who didn't need them. They say he charged $60 for a prescription, but increased the price to $100 after...

  • NEW YORK, Sept 3- The euro fell more than 1 percent on Thursday, surrendering most of the gains it made against the dollar following China's devaluation of 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...

  • However, no incidents or injuries have been reported, the U.S. Consumer Product Safety Commission said Thursday. They were sold at Cannondale dealers between July 2010 and July 2015 for between $2,000 and $10,000. Customers can also call Cycling Sports Group at 800-245-3872 from 9 a.m. to 6 p.m. ET Monday through Friday for more information.

  • Despite data on Wednesday showing a huge build in U.S. crude inventories, oil rallied early in New York trade as investors regained their appetite for risk due to a respite in bad news out of China and the potential for more European monetary easing. "Early strength and now a late fade," Donald Morton, an oil trader with Fairfield, Connecticut- based Herbert J. Sims& Co.,...