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  • FREEPORT, N.Y.— When this Long Island village switched on its "ring of steel" last fall, it knew it was getting a potent policing tool. Police weren't prepared, though, for the firehose of less-valuable intelligence generated by the $750,000 system. "It is a tremendous amount of workload that has been increased due to this new technology," said Miguel Bermudez, police...

  • ALBANY, N.Y.— An upstate New York town that repeatedly found itself without power for days during a string of storms is planning a dramatic step by pulling its municipal buildings entirely off the electric grid. The decision by Nassau to rely on solar, wind, landfill gas and battery storage by 2020 puts the town of 5,000 near Albany on the leading edge of a national...

  • Feb 7- The rapidly spreading Zika virus is discouraging many Americans from traveling to Latin America and the Caribbean, with 41 percent of those aware of the disease saying they are less likely to take such a trip, a Reuters/Ipsos poll shows. The U.S. Centers for Disease Control and Prevention has advised pregnant women to avoid travel to areas with an active...

  • NEW YORK— Twitter CEO Jack Dorsey said Saturday the social media website's stream of tweets will stay live and in real time, disputing a media report that a change was in the works. News and entertainment site BuzzFeed reported on Friday that Twitter was going to introduce a timeline based on an algorithm rather than a real-time stream. The San Francisco- based...

  • BEDFORD, N.Y.— A builder whose company worked on the World Trade Center in New York City, the Century City complex in Los Angeles and Walt Disney's EPCOT center in Florida among other high-profile developments has died. Tishman died Saturday morning at his home in Bedford, about 35 miles north of New York. He later oversaw the construction of some of the nation's...

  • BUCHANAN, N.Y.— An apparent overflow at a nuclear power plant north of New York City spilled highly radioactive water into an underground monitoring well, but nuclear regulators said the public isn't at risk. Officials at the Indian Point Energy Center in Buchanan, 40 miles north of Manhattan, reported on Friday that water contaminated by tritium leaked into the...

  • 1954 Ferrari 375 MM

    Art, cars and collectibles passed down are often subject to estate taxes or gift taxes, but their value can be subjective, The NY Times reports.

  • BUENOS AIRES/ NEW YORK, Feb 6- Investors on Saturday praised the speed with which new Argentine President Mauricio Macri made a cash offer to holders of defaulted bonds aimed at ending a long and bitter dispute that has strangled government finances. A financial markets pariah since defaulting on a record $100 billion in 2002, Argentina proposed on Friday a...

  • BUENOS AIRES/ NEW YORK, Feb 6- Investors on Saturday praised the speed with which new Argentine President Mauricio Macri tabled a cash offer to holders of defaulted bonds aimed at ending a long and bitter dispute that has strangled government finances. A financial markets pariah since defaulting on a record $100 billion in 2002, Argentina proposed on Friday a...

  • Advertising is still important for CBS- home of the Super Bowl this year- but the focus is shifting to new revenue streams. He would not say which CBS shows- which include hits such as "The Big Bang Theory" and "The Good Wife"- would be candidates for exclusive distribution on the All Access service, but suggested it would be original content and shows that have an avid fan...

  • NEW YORK— It make take weeks to determine why a huge construction crane that was being lowered during strong winds came crashing down onto a street, killing a pedestrian and crushing a row of parked cars, city officials said Saturday. Investigators are reviewing surveillance footage from nearby buildings and poring over the twisted, crumpled steel of the 565-...

  • HONG KONG, Feb 6- Index provider MSCI Inc said on Friday it welcomed China's move to liberalise a major cross-border investment scheme, but that the country's handling of a summer stock sell-off raised concern over the liquidity of its markets. The announcement was the first formal update from the New York- headquartered firm after it said in June it would not...

  • Feb 5- Greek-yogurt maker Chobani LLC, founded by billionaire Hamdi Ulukaya, said on Friday it had rejected offers from beverage giant PepsiCo Inc and other investors. Chobani worked with Goldman Sachs Group Inc to explore the sale after being approached by several parties in 2015.. The decision to reject the offer was due in part to the terms, Chobani said in an...

  • NEW YORK/ BUENOS AIRES, Feb 5- Argentina offered a $6.5 billion cash payment to creditors who hold its defaulted bonds on Friday, seeking to end a festering legal battle that transformed the country into a financial markets pariah. The turning point in the decade-long legal fight stemming from Argentina's record default on around $100 billion in 2002 comes less...

  • Herbert Sudfeld, 64, was convicted on charges of securities fraud and making a false statement by a federal jury in Philadelphia following a four-day trial, prosecutors said. The Doylestown, Pennsylvania- resident faces a maximum sentence of 25 years in prison, according to the U.S. Attorney's Office in Philadelphia. Sudfeld was indicted in July on charges that...

  • Dennis Hamilton, a former vice president of tax at Harman, was charged in a criminal complaint filed in New Haven, Connecticut, with securities fraud in connection with trades in the company's stock that prosecutors said netted him over $130,000. The U.S. Securities and Exchange Commission brought a related civil action over the non-public information that...

  • NEW YORK— A federal judge who presided over Martha Stewart's criminal trial in New York has died. Manhattan U.S. District Court Chief Judge Loretta Preska says Cedarbaum suffered a severe stroke last week and died Friday. Cedarbaum was confirmed by the U.S. Senate in 1986, when there were only two other district judges in Manhattan.

  • WASHINGTON, Feb 5- Russian authorities in November raided offices associated with a Moscow film distribution and production company as part of a crackdown on one of the world's most notorious financial hacking operations, according to three sources with knowledge of the matter. Experts familiar with the situation said the case represents Russia's biggest...

  • Dennis Hamilton, a vice president of tax at Harman, was charged in a criminal complaint filed in New Haven, Connecticut, with securities fraud in connection with trades in the company's stock that prosecutors said netted him over $130,000. The U.S. Securities and Exchange Commission filed a related civil lawsuit over the non-public information that the agency...

  • NEW YORK, Feb 5- Argentina's Finance Secretary Luis Caputo said he was returning to Buenos Aires from New York where he held groundbreaking talks this week with creditors suing the South American country over unpaid debt. Caputo made a proposal earlier on Friday to creditors that, if accepted, could end their decade-long battle in U.S. courts with Argentina and...