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Top News & Analysis New York City

  • NEW YORK— When it comes to avoiding conflicts of interest in the White House, President Donald Trump has ripped up the playbook in his first 100 days. The Trump Organization, now under the leadership of his sons Don Jr. and Eric Trump, has proceeded with overseas resort projects, thereby handing foreign governments potential leverage to influence the president.

  • TOKYO- Bank of Japan will release the minutes of its March monetary policy meeting. YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting in Yokohama. OSLO- Norges Bank Governor Oystein Olsen and Chief Executive Officer Yngve Slyngstad...

  • TOKYO- Bank of Japan will release the minutes of its March monetary policy meeting. YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting in Yokohama. OSLO- Norges Bank Governor Oystein Olsen and Chief Executive Officer Yngve Slyngstad...

  • The Senate passed a stopgap spending bill by voice vote without opposition after the House earlier approved it by a tally of 382-30. President Donald Trump later signed the legislation, preventing a shutdown of many parts of the federal government on Saturday, his 100th day in office. Congress for months has been tied in knots trying to untangle $1 trillion in...

  • BRASILIA, April 28- Brazilian Supreme Court justice Gilmar Mendes ordered the release from jail of former mining and oil magnate Eike Batista, once the country's richest man, ahead of his trial on corruption charges, the court said on Friday. He is expected to stand trial along with an ex- Rio de Janeiro governor who allegedly took millions in bribes from the former...

  • Their merger would have united Meredith's Better Homes& Gardens and Family Circle magazines with Time's stable of publications including People and Fortune. Time's shares closed down 17 percent at $15.2 percent in New York on Friday, leaving the company with a market capitalization of $1.5 billion. Meredith stock dropped 9.7 percent to $59.20, giving it a...

  • District Judge Paul Oetken in Manhattan said prosecutors could pursue charges that Brian Block knowingly misled investors by plugging fake numbers into a spreadsheet later incorporated into American Realty's reported results, making them appear better than they actually were. American Realty shares plunged as much as 37 percent on Oct. 29, 2014, wiping...

  • *Russia confident of meeting end-April output cut target. NEW YORK, April 28- Oil prices closed up on Friday on growing hope that OPEC might agree to extend production cuts long enough to reduce a global crude glut, but crude prices still posted a weekly decline. U.S. light crude rose 36 cents to settle at $49.33 a barrel, off the day's high of $49.76.

  • WASHINGTON, April 28- A U.S. appeals court on Friday blocked health insurer Anthem Inc's bid to merge with Cigna, upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare. The ruling will probably kill the proposed merger, which was opposed by the U.S. Justice Department, 11 states and a...

  • The Senate passed a stopgap spending bill by voice vote without opposition after the House earlier approved it by a tally of 382-30. The measure now goes to President Donald Trump to sign into law, preventing a shutdown of many parts of the federal government on Saturday, his 100th day in office. Congress for months has been tied in knots trying to untangle $1...

  • Time Inc., down $3.10 to $15.20. Amazon.com Inc., up $6.61 to $924.99. Alphabet Inc., up $33.08 to $924.52.

  • *Q1 GDP up 0.7 pct vs. est. increase of 1.2 pct. April 28- U.S. stocks looked set to open little changed on Friday after data showed the economy grew at its weakest pace in three years in the first quarter, while investors remained cautious due to simmering tensions between North Korea and the United States. Amazon rose 3.4 percent at $949.80 in premarket trading, while...

  • *Russia confident of meeting end-April output cut target. NEW YORK, April 28- Oil prices edged up on Friday on optimism among investors that OPEC would agreed to extend production cuts aimed at ending a global glut into the second half of the year. U.S. light crude rose 18 cents to $49.15 a barrel at 4:03 p.m. EDT, off the day's high of $49.76.

  • *U.S. 1st- quarter GDP comes in weaker than expected. NEW YORK, April 28- U.S. Expected month-end changes to portfolio benchmarks supported long-dated Treasuries, said Subadra Rajappa, head of U.S. rates strategy at Societe Generale in New York.

  • WASHINGTON, April 28- The U.S. economy grew at its weakest pace in three years in the first quarter as consumer spending almost stalled, but a surge in business investment and wage growth suggested activity would regain momentum as the year progresses. "It marks a rough start to the administration's high hopes of achieving 3 percent or better growth; this is not the...

  • WASHINGTON, April 28- The Republican-led Congress averted a U.S. government shutdown on Friday, giving lawmakers another week to work out federal spending through Sept. 30, with tricky issues like defense spending still unresolved. The Senate passed a stopgap measure by voice vote without opposition after the House earlier approved it by a tally of 382-30. The...

  • WASHINGTON/ TAIPEI, April 28- Foxconn, the world's largest contract electronics manufacturer and a major Apple Inc supplier, is planning a "capital-intensive" investment in the United States, Chairman Terry Gou said as he exited the White House on Friday. It was unclear if Gou had met personally with Trump, who had already departed the White House for a trip to...

  • LOS ANGELES/ NEW YORK, April 28- U.S. Late-night talk shows and topical satire, including NBC's "Saturday Night Live," will be the first hit if the Writers Guild of America goes on strike next week in a stoppage that media analysts say could send viewers flocking irreversibly to streaming services. "A strike of any duration will drive audiences off broadcast and cable...

  • *Lawmakers must settle $1 trillion in spending priorities. The Senate passed the stopgap measure by voice vote without opposition after the House earlier approved it by a tally of 382-30. The measure now goes to Republican President Donald Trump to sign into law, preventing a shutdown of many parts of the federal government on Saturday, his 100th day in office.

  • *Russia confident of meeting end-April output cut target. NEW YORK, April 28- Oil prices were little changed on Friday in a see-saw session, retreating from session highs and headed for weekly declines on lingering questions about whether OPEC will extend output cuts at its May meeting and whether it will reduce a global crude glut enough to boost prices.