×

Top News & Analysis New York City

  • NEW YORK, May 25- A number of Viacom Inc's networks, which include Nickelodeon, Comedy Central and MTV, will be available to Altice NV's Suddenlink subscribers more than two years after the cable provider dropped them in a carriage dispute, the companies said on Thursday. Netherlands- based cable operator Altice bought Suddenlink for $9.1 billion in 2015..

  • NEW YORK, May 25- Oil prices tumbled 5 percent on Thursday as the extension of output curbs by OPEC and other producing countries disappointed investors who had hoped for larger cuts, leading to the biggest daily percentage slide in crude prices since early March. At Thursday's meeting in Vienna, the Organization of the Petroleum Exporting Countries and some...

  • NEW YORK/ LONDON, May 25- Gold eased on Thursday as the dollar came off its lows and world stock markets scaled fresh highs, giving back some gains from the prior session when U.S. Capital Economics analyst Simona Gambarini said that gold's resilience could falter in coming weeks, citing indications in the Fed minutes that tighter monetary policy is on the cards.

  • May 25- Specialty metals producer Arconic Inc said its shareholders had elected three of Elliott Management Corp's nominees to its board of directors, based on a preliminary vote count following the company's annual meeting on Thursday. Elliott, a New York hedge fund run by billionaire Paul Singer, struck a deal with Arconic on Monday, ending a prolonged battle...

  • *U.S. crude tumbles more than 5 pct after OPEC meeting. NEW YORK, May 25- U.S. stocks scaled fresh highs on Thursday after strong earnings reports from retailers, outpacing European shares which closed little changed, while oil prices plunged after top oil producers extended output cuts for a shorter period than expected. "The lack of fear, the complacency is...

  • TRENTON, N.J.— New Jersey officials say they reached a $39 million settlement with an energy company over ground water contamination. District judge in New York approved the settlement with Houston- based ConocoPhillips. In 2012 ConocoPhillips transferred some assets and liabilities, including MTBE cases, to Phillips 66.

  • NEW YORK— In a story May 24 about Sean Hannity, The Associated Press reported erroneously that Seth Rich was a Democratic National Committee chairman. Fox News' Sean Hannity says a media watchdog is guilty of' liberal fascism' for targeting his advertisers. NEW YORK— Sean Hannity says a media watchdog is guilty of "liberal fascism" for targeting advertisers on his...

  • NEW YORK, May 25- U.S. stocks rose on Thursday, with the S&P 500 and Nasdaq Composite hitting new highs, helped by gains in the consumer discretionary sector after strong reports from Best Buy and other retailers. The discretionary index was up 1.2 percent, while the S&P 500 retail index was up 1.9 percent, on track for its best day since Nov. 7. Tommy Hilfiger owner PVH...

  • NEW YORK, May 25- U.S. Treasury yields fell slightly on Thursday on doubts whether the Federal Reserve would raise interest rates more than once by the end of 2017 as it signaled it is preparing to shrink its $4.5 trillion balance sheet later this year. It's a very pedestrian trading day, "said Aaron Kohli, interest rates strategist at BMO Capital Markets in New York.

  • NEW YORK, May 25- U.S. gasoline retailers stocked up on fuel sold in New York Harbor Thursday ahead of the Memorial Day holiday weekend, traders said, marking a bullish start for the critical summer driving season. A lack of product coming into New York harbor from Europe tightened inventories, said Andrew Lebow, senior partner at Commodity Research Group in Darien,...

  • May 25- U.S. stocks rose on Thursday, with the S&P 500 and Nasdaq Composite scaling new highs, buoyed by strong earnings reports from the embattled retailer sector. Best Buy surged as much as 19.4 percent to a record high of $60.24, making it the top gainer on the S&P, as its comparable sales unexpectedly rose last quarter. Tommy Hilfiger- owner PVH was second-biggest...

  • *OPEC agrees to extend output cuts for nine months. NEW YORK, May 25- Oil prices fell about 4 percent on Thursday, on track for their biggest daily drop in three weeks, after OPEC's decision to extend production curbs fell short of expectations of deeper or longer cuts. As expected, the Organization of the Petroleum Exporting Countries, along with other non- OPEC...

  • May 25- U.S. stocks rose on Thursday, with the S&P 500 and Nasdaq Composite scaling new highs, buoyed by strong earnings reports from the embattled retailer sector. Best Buy surged as much as 19.4 percent to a record high of $60.24, making it the top gainer on the S&P, as its comparable sales unexpectedly rose last quarter. Tommy Hilfiger- owner PVH was second-biggest...

  • NEW YORK— Three tracks at a time will be closed at Penn Station as part of extensive repair work there that is expected to inconvenience thousands of rail commuters this summer, an Amtrak official said Thursday. Chris Christie unveiled a plan to divert some of NJ Transit's lines to Hoboken, while Democratic New York Gov. Penn Station handles about 1,300 train...

  • May 25- Specialty metals producer Arconic Inc said its shareholders had elected three of Elliott Management Corp's nominees to its board of directors, based on a preliminary vote count following the company's annual meeting on Thursday. Elliott, a New York hedge fund run by billionaire Paul Singer, struck a deal with Arconic on Monday, ending a prolonged battle...

  • *OPEC agrees to extend output cuts for nine months. *Non-OPEC producers join OPEC in extending supply agreement. As expected, the Organization of the Petroleum Exporting Countries, along with other non- OPEC members, agreed to extend a cut in oil supplies of 1.8 million barrels per day until the end of the first quarter of 2018 to reduce a glut of supply.

  • *Europe stocks near highs; miners, energy weigh. NEW YORK, May 25- World stock markets scaled fresh highs on Thursday, with key U.S. indexes lifted by rosy retailer results, while the U.S. dollar dipped and oil prices fell after top oil producers extended output cuts for a shorter period than expected. Oil prices fell as OPEC prepared to extend supply curbs by nine...

  • May 25- The S&P 500 and Nasdaq Composite were in record territory in late morning trading on Thursday, buoyed by strong earnings from the embattled retailer sector. Best Buy surged as much as 17 percent to a record high of $58.99, making it the top gainer on the S&P, as its comparable sales unexpectedly rose last quarter. Tommy Hilfiger- owner PVH was second-biggest...

  • SALT LAKE CITY— Utah lawmakers hope a new, unique law cuts down on increasingly troubling forms of cyber harassment by giving authorities the ability to send online bullies to jail for a year. Similar laws in New York and North Carolina have been ruled unconstitutional in recent years, said UCLA law professor Eugene Volokh, who called Utah's measure a violation...

  • Inquiries have spiked for temporary office spaces that do not require travel through the busiest train station in the U.S., where weeks-long outages in July and August are expected to trigger a travel nightmare for employees living in New Jersey and Long Island suburbs, according to businesses and real estate specialists. Calls in search of temporary office...