Top News & Analysis New York

  • NEW YORK— M. Night Shyamalan's psychological thriller "Split" blew away box-office expectations, earning an estimated $40.2 million in ticket sales over inauguration weekend. The Universal Pictures release again brings together Shyamalan, director of "The Sixth Sense," with the low-budget horror experts of Blumhouse Productions. "Split," starring James McAvoy,...

  • VIENNA— OPEC and key non- OPEC oil producers are near their target of taking 1.8 million barrels of crude a day off global markets less than two months after agreeing to do so in efforts to push up the price of crude, Russia's energy minister said Sunday. Alexander Novak's upbeat comments to reporters came at the end of the first meeting of a joint OPEC- non- OPEC...

  • HONOLULU— President Donald Trump has disputed climate change, pledged a revival of coal and disparaged wind power, and his nominee to head the Energy Department was once highly skeptical of the agency's value. Rick Perry, Trump's pick to lead the department, presents a contradictory figure: A Texas oil promoter, he also oversaw a huge expansion of wind-energy...

  • WASHINGTON— Red, white and blue balloons rained down over crystal chandeliers in the soaring atrium of the Trump International Hotel at midnight in "a new inaugural tradition," its social media account promised. But while President Donald Trump's hotel in Washington did serve as a hub of Friday's inaugural activities, it also stands as ground zero for what top...

  • The status symbols are so sought after that some models command prices of $1,000. In Florida, California and New York, lawyers are accusing smoke shops and mom-and-pop convenience stores of selling counterfeit Roor bongs in violation of U.S. "Counterfeiting is a huge problem for us," said Jay Farraj, the owner of Sream Inc., Roor's U.S. partner.

  • MEXICO CITY, Jan 20- Mexico's president said on Friday he wanted to strengthen relations with his new U.S. counterpart Donald Trump, whose threats and barbs against the country raised fears of a major economic crisis, and battered its currency. The White House website said on Friday that Trump was committed to renegotiating the North American Free Trade...

  • Secretary-General Ban Ki- moon on charges that he engaged in a bribery scheme to carry out the sale of a Vietnamese building complex, a U.S. prosecutor said on Friday. Attorney Daniel Noble said that a request had been made for the arrest of Ban Ki- sang, who was an executive at South Korean construction firm Keangnam Enterprises Co Ltd.. Ban Ki- sang could not be...

  • Secretary-General Ban Ki- moon on charges that he engaged in a bribery scheme to carry out the sale of a Vietnamese building complex, a U.S. prosecutor said on Friday. Attorney Daniel Noble said that a request had been made for the arrest of Ban Ki- sang, who was an executive at South Korean construction firm Keangnam Enterprises Co Ltd.. Ban Ki- sang could not be...

  • WASHINGTON, Jan 20- The Trump administration, hours after taking office on Friday, suspended a plan to cut mortgage insurance premiums on federally insured home loans that the U.S. government had estimated would save eligible homeowners an average of $500 a year. The move immediately drew fire from Democrats, and it offered an early example of the potential...

  • MEXICO CITY, Jan 20- Mexico's president said on Friday he wanted to strengthen relations with his new U.S. counterpart Donald Trump, whose threats and barbs against the country raised fears of a major economic crisis, and battered its currency. President Enrique Pena Nieto, pilloried at home for meeting Trump in August after the New York businessman called...

  • Attorney Daniel Noble said that a request had been made for the arrest of Ban Ki- sang, who was an executive at South Korean construction firm Keangnam Enterprises Co Ltd.. Ban Ki- sang, who could not be reached for comment, was one of four people charged on Jan. 10 in a case that has complicated his brother's expected run for president of South Korea following his...

  • NEW YORK, Jan 20- The U.S. government has asked South Korea to arrest a brother of former U.N. Secretary-General Ban Ki-Moon on charges that he engaged in a bribery scheme to carry out the sale of a Vietnamese building complex, a federal prosecutor said on Friday. Attorney Daniel Noble said that a request had been made for the arrest of Ban Ki- sang, who was an executive...

  • Jan 20- Morgan Stanley Chief Executive James Gorman's overall pay rose 7 percent in 2016 as the Wall Street bank's stock soared and it edged closer to hitting a key profitability target. Gorman will receive $22.5 million in total compensation, up from $21 million in 2015, spokesman Mark Lake said in an email. Gorman received a $5 million stock bonus for his...

  • Neither Trump administration spokesman Bryan Lanza nor FCC spokesmen immediately replied to requests for comment. The Republicans' FCC majority would help them roll back pro-consumer policies that upset many phone and cable industry groups, including net neutrality rules that bar internet service providers from favoring some websites and apps over...

  • *Stocks recover some ground after paring gains on Trump speech. NEW YORK, Jan 20- The dollar ended down while U.S. stock indexes rose in the last day of a choppy trading week, as investors reacted to President Donald Trump's inaugural speech. "I think folks priced in the good stuff in that first month and now they're worried about inflation and what's the Fed going to do,...

  • SAN FRANCISCO, Jan 20- U.S. In the days ahead of Friday's inauguration, senior executives from Morgan Stanley, Delta Air Lines and other major U.S. corporations said the Trump White House has already sparked a brighter outlook for business. "There is certainly more reason to be optimistic as we enter 2017 than there was at the beginning of 2016," Morgan Stanley CEO...

  • General Electric Co., down 68 cents to $30.53. Procter& Gamble Co., up $2.75 to $87.45. Skyworks Solutions Inc., up $10.21 to $88.67.

  • *Producers to establish compliance mechanism at meeting- OPEC. Members of the Organization of the Petroleum Exporting Countries and some other producing countries including Russia will meet in Vienna this weekend to establish a mechanism to verify compliance with a deal to cut 1.8 million barrels per day of output, OPEC's secretary general told Reuters.

  • Jan 20- Donald Trump, a big supporter of the U.S. oil, gas and coal industries, has promised to get to work quickly after being sworn in as president of the United States, raising expectations that he will sign a slew of executive orders. The problem is that attorneys general from states like New York and California, as well as environmental groups, would likely step...

  • Jan 20- U.S. stocks were up but off their best levels of the session on Friday afternoon as Donald Trump's inaugural speech as U.S. "I think folks priced in the good stuff in that first month and now they're worried about inflation and what's the Fed going to do, and a stronger dollar and trade wars and tariffs and the like," said Phil Orlando, chief equity market...