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Top News & Analysis New York City

  • NEW YORK-- The nation's crude oil supplies increased last week, the government said Wednesday. Crude supplies grew by 1.7 million barrels, or 0.5 percent, to 366.4 million barrels, which is 8.5 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.

  • NEW YORK, Oct 11- Does an office perk count as a benefit if you pay for it yourself? Apparently so, because an increasing number of companies are using so-called voluntary benefits to bulk up workplace offerings.

  • ALBANY, N.Y.-- The New York State Department of Agriculture and Markets says a Brooklyn company is recalling herring fillets because they may be contaminated by listeria. The Four Seasons Dairy Inc., is recalling herring "Fillet Atlantic Recipe in Oil." The product, sold in the New York City area, was packaged in a 1- pound/500g, clear plastic tub with a white lid.

  • BEREA, Ohio-- With as much purpose as any tackle he's ever made, Scott Fujita delivered a shot to NFL Commissioner Roger Goodell. Angered by Goodell's handling of the New Orleans Saints' bounties scandal, Fujita accused the commissioner of misusing his power, questioned his record on player safety, and the Browns linebacker vowed to keep fighting to clear his name.

  • Oct 11- Shutterstock Inc soared as much as 32 percent in its market debut, a day after the online stock photography provider priced its shares above its expected range. Shutterstock shares were up 30 percent at $22.11 on the New York Stock Exchange in morning trade, valuing the company at more than $700 million.

  • NEW YORK, Oct 11- Front-month U.S. natural gas futures shot to a new high for the year early on Thursday after a government report showed a weekly inventory build well below market expectations. The U.S. Energy Information Administration said domestic gas inventories rose last week by 72 billion cubic feet to 3.725 trillion cubic feet.

  • NEW YORK, Oct 11- John Maynard Keynes said back in 1936 that "practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist."

  • NEW YORK-- Drug developer Intercept Pharmaceuticals Inc. said Thursday its initial public offering of 5 million shares priced at $15 per share, at the high end of the company's expectations. Intercept had planned to sell 4.3 million shares and said they would start trading at $13 to $15 per share.

  • NEW YORK, Oct 11- DBRS reaffirmed the United States top AAA credit rating on Thursday, citing the economy's productivity and flexibility, but said failure to stabilize a growing debt burden could threaten the rating in the future.

  • *Rating cut on Spain cushions bonds' price drop. NEW YORK, Oct 11- U.S. government debt prices fell on Thursday as traders sought to lower prices before a $13 billion auction of 30- year supply and encouraging data on jobless claims reduced safe-haven demand for bonds.

  • *Sprint, Clearwire soar in early trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp is in talks to buy a majority stake in U.S. operator Sprint Nextel Corp for more than 1 trillion yen, according to a source with direct knowledge of the matter, adding yet another potential shake-up to the fast-changing U.S. wireless market.

  • NEW YORK-- Shares of real estate services provider Realogy, whose brands include Century 21, Coldwell Banker and The Corcoran Group, soared more than 25 percent in their first day of trading on the New York Stock Exchange. Realogy Holdings Corp. said its IPO of 40 million shares priced at $27 per share, at the high end of the projected range of $23 to $27 per share.

  • *Sprint jumps on reports of possible Softbank deal. NEW YORK, Oct 11- U.S. stocks advanced on Thursday after data showed initial jobless claims fell to the lowest level in more than four and a half years, suggesting improvement in a key factor for economic growth.

  • Mississippi: Down 3,393, no reason given. Michigan: Down 2,639, no reason given. Florida: Down 1,972, due to fewer layoffs in agriculture, construction, and wholesale trade.

  • NEW YORK-- One piece of good news on jobs was enough Thursday on Wall Street. That one piece of good news was enough to help traders forget about a drumbeat of worrisome developments, like a widening U.S. trade deficit, higher unemployment in Greece and a ratings cut for Spain. `.

  • NEW YORK-- Safeway Inc. said Thursday that its profit margin slipped in the third quarter as it spent money on launching a new customer loyalty program, an investment the supermarket operator said should drive sales going forward. The sale of Safeway's Genuardi's chain helped offset the declines and pushed the company's net income up 21 percent.

  • PORTLAND, Maine-- Amtrak as well as its Downeaster passenger service between Maine and Boston have set new ridership records. Records were also set in other regions of the country, including New England.

  • NEW YORK, Oct 11- Realogy Holdings Corp:.

  • NEW YORK, Oct 11- U.S. natural gas futures edged higher early on Thursday as near-term cool weather and continuing nuclear power plant outages kept demand strong ahead of a weekly inventory report.

  • Oct 11- Shutterstock Inc soared as much as 32 percent in its market debut, a day after the online stock photography provider priced its shares above its expected range.