Top News & Analysis New York

  • DAVOS, Switzerland, Jan 16- Just eight individuals, all men, own as much wealth as the poorest half of the world's population, Oxfam said on Monday in a report calling for action to curtail rewards for those at the top. As decision makers and many of the super-rich gather for this week's World Economic Forum annual meeting in Davos, the charity's report suggests the...

  • PARIS- ECB policymakers Francois Villeroy de Galhau and Peter Praet to speak at a Bank of France's " Secular Stagnation and Growth Measurement Conference"- 0800 GMT. WASHINGTON, United States- Federal Reserve Board Governor Lael Brainard speaks on monetary and fiscal policy before the Brookings Institution- 1500 GMT. WASHINGTON- Federal Reserve Board Chair...

  • PARIS- ECB policymakers Francois Villeroy de Galhau and Peter Praet to speak at a Bank of France's " Secular Stagnation and Growth Measurement Conference"- 0800 GMT. WASHINGTON, United States- Federal Reserve Board Governor Lael Brainard speaks on monetary and fiscal policy before the Brookings Institution- 1500 GMT. WASHINGTON- Federal Reserve Board Chair...

  • *Asia stocks seen hesitant after mixed finish on Wall St. SYDNEY, Jan 16- Sterling slid to three-month lows in Asia on Monday with investors again spooked by concerns over Britain's exit from the European Union, while U.S. policy uncertainty lingered ahead of President-elect Donald Trump's inauguration. Dealers said the market was reacting in part to a report in...

  • BERLIN, Jan 15- President-elect Donald Trump has warned the United States will impose a border tax of 35 percent on cars that German carmaker BMW plans to build at a new plant in Mexico and export to the U.S. market. The plant in Mexico would be an addition to existing 3 Series production facilities in Germany and China. He went on to say Germany was a great car producer,...

  • SYDNEY, Jan 16- Sterling slumped to three-month lows in thin Asian trade on Monday with investors again concerned by media reports that the British government is prepared to make a "hard" exit from the European Union. Dealers said the market was reacting in part to a report in The Sunday Times newspaper that British Prime Minister Theresa May will this week signal...

  • NEW YORK— Labors of love, one from Martin Scorsese, the other from Ben Affleck, proved costly at a casualty strewn weekend box office where the uplifting NASA drama "Hidden Figures" stayed on top for the second straight week. Warner Bros.' "Live by Night," adapted from Dennis Lehane's novel, earned a mere $5.4 million in 2,471 theaters. Paramount's "Silence," from Susaku...

  • SARATOGA SPRINGS, N.Y.— Bob Dylan would surely still recognize the low-ceilinged room in Caffe Lena where he played a couple of gigs almost 60 years ago. Dylan performed twice there early in his career, when the young singer born in Minnesota as Robert Zimmerman was just making his way onto New York City's folk scene. "It's a legendary place," said Jeff Place, archivist...

  • "There isn't any one thing," said Kenneth Feld, chairman and CEO of Feld Entertainment. " Major stops include Atlanta, Washington, Philadelphia, Boston and Brooklyn. The final shows will be in Providence, Rhode Island, on May 7 and in Uniondale, New York, at the Nassau County Coliseum on May 21.

  • DAVOS, Switzerland, Jan 15- The global economy is in better shape than it's been in years. And yet, as political leaders, CEOs and top bankers make their annual trek up the Swiss Alps to the World Economic Forum in Davos, the mood is anything but celebratory. His victory, less than half a year after Britain voted to leave the European Union, was a slap at the principles that...

  • In a statement sent Saturday night, People for the Ethical Treatment of Animals said it "heralds the end of what has been the saddest show on earth for wild animals, and asks all other animal circuses to follow suit, as this is a sign of changing times." Wayne Pacelle, the president and CEO of the Humane Society of the United States, said the circus has changed "a great deal...

  • ELLENTON, Fla.— From New York to Wisconsin to London and beyond, the Ringling Bros. and Barnum& Bailey circus has performed for millions of fans during its 146- year reign as one of the world's biggest big tops. —1841— Phineas Taylor Barnum buys Scudder's American Museum in New York City and renames it Barnum's American Museum, which was something of a zoo, museum,...

  • "There isn't any one thing," said Kenneth Feld, chairman and CEO of Feld Entertainment. " Major stops include Atlanta, Washington, Philadelphia, Boston and Brooklyn. The final shows will be in Providence, Rhode Island, on May 7 and in Uniondale, New York, at the Nassau County Coliseum on May 21.

  • NEW YORK, Jan 14- A New York fashion designer who calls himself the "curator of cool" was arrested in Mexico and sent to the United States where he is charged as part of a bribery case that has ensnared relatives of former U.N. Secretary-General Ban Ki- moon, officials said on Saturday. U.S. authorities arrested him on Friday night upon his arrival at New York's John F....

  • "The skill gap is a huge challenge in America broadly," said Ellen Davis, a senior vice president at the trade group and executive director of the NRF Foundation. More than 20 major retailers including Neiman Marcus and Ashley Stewart have pledged general support for the Rise Up program being launched Sunday. The average hourly pay for cashiers and low-level...

  • NEW YORK— Broadway star Jennifer Holliday backs out of performance at Trump inauguration, apologizes to LBGT community.

  • MILAN— If turmoil brings innovation and renovation, Italian menswear is in for a creative burst. Last year alone, Italian menswear produced 9 billion euros in revenue. Pop star Austin Mahone, dapper in a tux with tapered legs, set the mood, dancing up and down the runway throughout the show, making the moves on the ladies, who included Sylvester Stallone's three...

  • NEW YORK— Birds took the blame for bringing down the jetliner that "Sully" Sullenberger landed on the Hudson River eight years ago this weekend. An Associated Press analysis of bird-killing programs at the New York City area's three major airports found that nearly 70,000 gulls, starling, geese and other birds have been slaughtered, mostly by shooting and...

  • With a near party-line 227-198 House vote, Congress gave final approval Friday to a budget that will ease passage of a still-unwritten bill replacing Obama's overhaul with a GOP edition. Friday's roll call sets the stage for what likely will be weeks or months— at least— of GOP efforts to write legislation and push it through Congress. While that will be...

  • NEW YORK— Moody's Corp. has agreed to pay nearly $864 million to settle federal and state claims it gave inflated ratings to risky mortgage investments in the years leading up to the financial crisis. Moody's— along with the other two major rating agencies, Standard& Poor's and Fitch— were widely criticized for giving low-risk ratings to the risky mortgage...