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Top News & Analysis New York City

  • The new iPhone 8, iPhone X and iPhone 8S are displayed during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California.

    Jabil Inc., which runs the Green Point factory in Wuxi city, maintains that only 20 to 40 employees were actually protesting.

  • NEW YORK— Celebrity chef and restaurateur Bobby Flay says he will close his New York restaurant, Bar Americain, early next year. Flay and his business partner, Laurence Kretchmer, said in a statement that renewing the lease for the brasserie in midtown Manhattan would have required an expensive overhaul of the space. The New York Times reports the restaurant...

  • *Nigeria promised to cap output at 1.8 mln bpd of crude. *Estimates of Nigeria's crude output: http://tmsnrt.rs/2xTcNOM. LONDON, Oct 20- When OPEC agreed to exempt Nigeria from its oil production-restraint deal last year, it knew the country faced a huge challenge in recouping output lost due to militant unrest.

  • Tidjane Thiam, chief executive officer of Credit Suisse Group AG.

    RBR Capital Advisors looks to expand stake in Credit Suisse to $1 billion, and spin off investment bank and asset management divisions.

  • "There is no better place to do business than Canada," Prime Minister Justin Trudeau said in an Oct. 13 letter to Amazon's Chief Executive Jeff Bezos, seen by Reuters. New Jersey proposed $7 billion in potential credits against state and city taxes if Amazon locates in Newark and sticks to hiring commitments, according to a news release from the governor's office...

  • NEW YORK, Oct 19- U.S. fund investors regained an appetite for risk over the last week, rushing into U.S. and emerging-market stocks, according to data on Thursday from Lipper. Stock mutual funds and exchange-traded funds overall attracted $5.4 billion in the week ended Oct. 18, while emerging markets pulled in $2.3 billion, the most cash since March, according to...

  • Targets new small-format store opens in Herald Square, New York City.

    It's one of three small format stores opening in and or near New York City, and one of 12 Target stores opening nationwide this week.

  • The San Jose, California- based payments company has been working hard in recent years to expand its reach to new customers through partnerships and acquisitions, particularly in mobile payments. "It was just a very strong quarter across the board," said A.B. Mendez, an analyst and fund manager at Frost Investment Advisors. It has partnered with household names...

  • *Senate leaders have not committed to holding a vote. WASHINGTON, Oct 19- A senior White House aide said on Thursday that U.S. Marc Short, the White House's top liaison to Congress, said on CNN that Obamacare's mandates and taxes would have to be rolled back and consumers be allowed to more heavily invest in health-savings accounts for Trump to sign off on any...

  • NEW YORK, Oct 19- The Dow and S&P 500 eked out record closing highs on Thursday, turning higher at the last minute after a Politico report that Federal Reserve Governor Jerome Powell is the leading candidate for the nominee for Fed chair. Investors have been anxious to hear who President Donald Trump will pick as the nominee. "Clearly at the end it had everything to do...

  • --Connecticut glossed over its deepening financial problems and Hartford's potential municipal bankruptcy to push the Stamford and Hartford areas as ideal sites. --The Canadian cities of Toronto, Edmonton and Ottawa, as well as Hamilton, Halifax, Montreal, Sault Ste. Marie, Vancouver, and Windsor submitted bids, according to Reuters' reporting and local media...

  • *Senate leaders have not committed to holding a vote. WASHINGTON, Oct 19- A bipartisan deal to stabilize Obamacare by restoring billions of dollars of federal subsidies to health insurers picked up Republican support in the Senate on Thursday despite President Donald Trump's opposition, but still faced an uphill battle. While Alexander predicted in remarks...

  • NEW YORK, Oct 19- Thomas Davis, a former chairman of dairy processing company Dean Foods Co, was sentenced on Thursday to two years in prison after pleading guilty to passing insider information to sports gambler William "Billy" Walters. District Judge Kevin Castel in Manhattan, who also ordered him to pay about $8 million in restitution, according to Nicholas...

  • With Stitch Fix, customers pay $20 to receive five clothing items. Customers can ship back whatever they don't like or they'll be charged for anything they keep, minus the $20 fee. It has a lot of competition, though: Department store operator Nordstrom bought rival Trunk Club three years ago.

  • NEW YORK, Oct 19- The Dow and S&P 500 eked out record closing highs on Thursday, turning higher at the last minute after a Politico report that Federal Reserve Governor Jerome Powell is the leading candidate for the nominee for Fed chair. "Clearly at the end it had everything to do with the speculation about Jerome Powell," said Mark Luschini, chief investment...

  • United Continental Holdings Inc., down $8.21 to $59.78. The parent of United Airlines said that weak prices will continue the rest of this year. Textron Inc., down 47 cents to $53.10.

  • MONTREAL, Oct 19- Airbus SE's deal with Bombardier boosts confidence in the CSeries jet program but may not spur many new sales until it is finalized and a U.S. trade dispute is resolved, the head of a major aircraft leasing firm said on Thursday. "People are feeling better about the CSeries but it's all on the expectation that Airbus concludes the transaction," said...

  • *Senate leaders have not committed to holding a vote. WASHINGTON, Oct 19- A bipartisan deal to stabilize Obamacare by restoring billions of dollars of federal subsidies to health insurers picked up Republican support in the Senate on Thursday despite President Donald Trump's opposition but still faced an uphill battle. While Alexander predicted in remarks...

  • NEW YORK _ E-Trade Financial Corp. on Thursday reported third-quarter net income of $147 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. Four analysts surveyed by Zacks expected $598.8 million.

  • Oct 19- A public contest ending Thursday to bid over housing Amazon.com Inc's second headquarters has drawn pitches from governors and a prime minister, marketing campaigns and offers of tax credits worth at least as much as $7 billion. "There is no better place to do business than Canada," Prime Minister Justin Trudeau said in an Oct. 13 letter to Amazon's Chief...