×

Top News & Analysis New York

  • KIRKLAND, Wash.— A widely shared story that claims to include photos of a recently delivered plane that will serve as Air Force One for President Donald Trump is false. Versions of the story posted by usanewsflash.com and freedomdaily.com said Trump negotiated luxurious accommodations for the plane and the interior now resembles that of Trump's apartment in...

  • *Westinghouse secures $800 mln in debtor-in-possession financing. TOKYO, March 29- Toshiba Corp's U.S. nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, just three months after huge cost overruns were flagged, as the Japanese parent seeks to limit losses that threaten its future. Toshiba said Westinghouse-related...

  • *Charged with being part of scheme to breach Iran sanctions. ISTANBUL, March 29- Shares of Turkish state lender Halkbank were headed for their biggest ever one-day fall on Wednesday after U.S. prosecutors charged a senior executive with participating in a multi-year scheme to violate sanctions against Iran. Halkbank, Turkey's fifth-largest listed bank by...

  • LONDON, March 29- The Turkey stock market spotlight was on Halkbank on Wednesday, with its shares set for their biggest one-day fall after the arrest of the company's deputy CEO, while South African assets weakened further on political concerns. Halkbank deputy CEO Mehmet Hakan Atilla was arrested in New York, accused of conspiring to conduct illegal...

  • March 28- The U.S. Food and Drug Administration on Tuesday approved Roche Holding AG's multiple sclerosis drug Ocrevus, putting the potential blockbuster drug back on track after a delay caused by regulators' concerns over manufacturing issues. Roche said Ocrevus will be available to people in the United States within two weeks. The drug's entry into the U.S....

  • *Westinghouse secures $800 mln in debtor-in-possession financing. TOKYO, March 29- Toshiba Corp's U.S. nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, as its Japanese parent seeks to limit losses that threaten its future. Toshiba said Westinghouse-related liabilities totalled $9.8 billion as of December, more than an...

  • *Westinghouse secures $800 mln in debtor-in-possession financing. TOKYO, March 29- Toshiba Corp's troubled U.S. nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, as its Japanese parent seeks to limit losses that have plunged it into crisis. A bankruptcy filing will allow Pittsburgh- based Westinghouse, whose nuclear...

  • NEW YORK— Now that both houses of Congress have voted to block Obama-era broadband privacy rules, what does that mean for you? The rules, which would have put tough restrictions on what companies like Comcast, Verizon and AT&T can do with information such as your internet history, hadn't yet gone into effect. So if President Donald Trump signs the measure, as the...

  • March 29- In the last four years, North Carolina has become the second largest solar market in the United States, behind only California. It has installed more solar energy than Texas, which has nearly three times the population; more than Arizona, which has twice as many sunny days; and more than New York, which has far more aggressive renewable energy targets.

  • TOKYO, March 29- Toshiba Corp's troubled U.S. nuclear unit Westinghouse intends to file for Chapter 11 protection from creditors, Japan's government said on Wednesday, as the conglomerate seeks to limit losses that have plunged it into crisis. Yoshihide Suga, the government's chief spokesman, told a regular news briefing he was aware that Pittsburgh- based...

  • TOKYO, March 29- Toshiba Corp's board has approved a Chapter 11 filing for its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Wednesday- a move that would limit losses that have plunged the Japanese group into crisis. The future of Westinghouse has already been raised in bilateral talks between Japan and the United States with Japan...

  • March 28- The U.S. Food and Drug Administration on Tuesday approved Roche Holding AG's multiple sclerosis drug Ocrevus, putting the potential blockbuster drug back on track after a delay caused by regulators' concerns over manufacturing issues. Roche said Ocrevus will be available to people in the United States within two weeks. The most popular MS treatment...

  • March 28- The U.S. Food and Drug Administration on Tuesday approved Roche Holding AG's multiple sclerosis drug Ocrevus, putting the potential blockbuster drug back on track after a delay by regulators over manufacturing issues. The drug's entry into the U.S. market was delayed by three months when the FDA in late December pushed back its deadline for an...

  • March 28- The U.S. Food and Drug Administration on Tuesday approved Roche Holding AG's multiple sclerosis drug Ocrevus, putting the potential blockbuster drug back on track after a delay by regulators over manufacturing issues. The injectable drug, known chemically as ocrelizumab becomes the first U.S. approved medicine for primary progressive form of the...

  • LONDON- Bank of England Executive Director, Chris Salmon speaks at Foreign Exchange Industry event in London. FRANKFURT- European Central Bank Executive Board Member Peter Praet delivers speech at the "2017 Harvard Law Europe- US Symposium on International Financial Systems"- 1750 GMT. NEW YORK- Federal Reserve Bank of San Francisco President John Williams...

  • LONDON- Bank of England Executive Director, Chris Salmon speaks at Foreign Exchange Industry event in London. FRANKFURT- European Central Bank Executive Board Member Peter Praet delivers speech at the "2017 Harvard Law Europe- US Symposium on International Financial Systems"- 1750 GMT. NEW YORK- Federal Reserve Bank of San Francisco President John Williams...

  • NEW YORK, March 28- BlackRock Inc on Tuesday said it would overhaul its actively managed equities business, cutting jobs, dropping fees and relying more on computers to pick stocks in a move that highlights how difficult it has become for humans to beat the market. Last May, BlackRock said it had recruited Mark Wiseman, the head of Canada's biggest public pension...

  • NEW YORK, March 28- BlackRock Inc on Tuesday said it would overhaul its actively managed equities business, cutting jobs, dropping fees and relying more on computers to pick stocks in a move that highlights how difficult it has become for humans to beat the market. Last May, BlackRock said it had recruited Mark Wiseman, the head of Canada's biggest public pension...

  • *To pay $110 mln to settle lawsuit over retail sales practices. March 28- Wells Fargo& Co said it agreed to pay $110 million to settle a lawsuit by customers challenging its opening of accounts without their permission, a practice that led to a scandal that cost the bank's chief executive his job. The lawsuit dates from May 2015, sixteen months before Wells Fargo...

  • March 28- Electric bills in Georgia and South Carolina could rise more than customers expect if state utilities are left stranded by a Westinghouse Electric Co bankruptcy filing expected this week, consumer advocates said. U.S. nuclear developer Westinghouse is the lead contractor building two nuclear reactors each in Georgia and South Carolina, both of...