International Business News - NYC http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif An analysis of recent earthquake activity around New York City has found that many small faults that were believed to be inactive could contribute to a major, disastrous earthquake. http://www.ibtimes.com/articles/20080823/study-finds-new-earthquake-dangers-for-nyc.htm Sat, 23 Aug 2008 05:05:22 EDT New York City Mayor Michael Bloomberg is promoting his acting buildings commissioner to take the job permanently. Bloomberg announced on his Friday radio show that he will appoint Robert LiMandri as commissioner. LiMandri was a deputy commissioner under Patricia Lancaster, who resigned under pressure in April during a spate of deadly construction accidents. http://www.ibtimes.com/articles/20080815/bloomberg-to-promote-acting-buildings-commissioner.htm Fri, 15 Aug 2008 10:43:56 EDT You don't need big bucks to enjoy the Big Apple big time. Travel like a New Yorker on the subway. Eat like a New Yorker on the street. And see the city like a New Yorker by visiting public spaces, landmarks and famous places, many of which can be enjoyed for free. Here are some strategies. http://www.ibtimes.com/articles/20080811/subways-street-food-_-nyc-need-not-be-pricey.htm Mon, 11 Aug 2008 14:03:06 EDT If you want to understand the precarious state of the economy in the nation's largest city, one city official suggests picturing Wile E. Coyote frozen in midair just after skidding off a cliff. http://www.ibtimes.com/data/articleimgs/102902-nyc-economy.jpg http://www.ibtimes.com/articles/20080804/wall-street-reels-nyc-braces-for-tough-economy.htm http://www.ibtimes.com/articles/20080804/wall-street-reels-nyc-braces-for-tough-economy.htm Mon, 04 Aug 2008 12:46:46 EDT Verizon Communications Inc. started selling its fiber-optic TV service in New York City on Monday, but it's initially available in limited areas. Verizon said 340,000 of New York's 3 million households can order FiOS TV. It expects to reach 500,000 households by the end of the year, and cover the entire city by 2014. http://www.ibtimes.com/articles/20080728/verizon-starts-selling-tv-service-in-nyc.htm Mon, 28 Jul 2008 12:12:07 EDT New York City tourism officials are hoping that residents facing rising gas prices and pricey airline fares will choose to vacation at home this summer. http://www.ibtimes.com/articles/20080724/nyc-tourism-officials-urge-locals-to-staycation.htm Thu, 24 Jul 2008 18:30:29 EDT Verizon Communications Inc. has cleared the final regulatory hurdle for providing TV in New York City, a major step in its transformation from a phone company to a fiber-optics-based carrier. http://www.ibtimes.com/articles/20080717/verizon-gets-final-clearance-for-tv-service-in-nyc.htm Thu, 17 Jul 2008 12:38:08 EDT No more trekking out to the wilds of New Jersey or Long Island for citydwellers looking for their furniture fix. The first Ikea in New York City opened Wednesday in Brooklyn's Red Hook neighborhood. Some people had been waiting in line since Monday, hoping to take advantage of free giveaways of furniture and other goods to the first customers. http://www.ibtimes.com/articles/20080618/first-nyc-ikea-store-opens-in-brooklyn.htm Wed, 18 Jun 2008 12:05:24 EDT Gov. David Paterson announced Friday that the state will take over the financially troubled New York City Off-Track Betting Corp., saving 1,500 jobs. "I'm announcing today that the Off-track Betting Corporation will continue," Paterson said at a news conference in midtown Manhattan. "After a 90-day period we will create a new public benefit corporation. In other words the state will take over the operation." http://www.ibtimes.com/articles/20080613/ny-state-will-take-over-off-track-betting-corp.htm Fri, 13 Jun 2008 16:51:23 EDT America's biggest wholesale produce market is looking to leave New York--if the city doesn't help rebuild its aging, outdated facility in the Bronx. Steven Katzman, co-president of Hunts Point Terminal Produce Cooperative Association, a vendors group, said a meeting is scheduled in late June to consider options for moving the market to New Jersey. http://www.ibtimes.com/articles/20080612/nycs-biggest-produce-market-may-relocate-to-nj.htm Thu, 12 Jun 2008 04:40:05 EDT America's biggest wholesale produce market is looking to leave New York--if the city doesn't help rebuild the aging, outdated facility in the Bronx. Steven Katzman, co-president of Hunts Point Terminal Produce Cooperative Association, a vendors group, said a meeting is scheduled in late June to consider options for moving the market to New Jersey. http://www.ibtimes.com/articles/20080611/nycs-biggest-produce-market-may-relocate-to-nj.htm Wed, 11 Jun 2008 17:13:57 EDT With private talks failing to resolve difficult issues, Gov. David Paterson says the state may take over the New York City Off-Track Betting Corp. The Democrat says he's unsure the negotiations will result in a deal to keep the OTB operating before a mid-June deadline to shut it down. http://www.ibtimes.com/articles/20080611/ny-governor-state-may-take-over-new-york-city-otb.htm Wed, 11 Jun 2008 15:39:06 EDT Construction consulting firm Hill International Inc. said Friday it has been awarded a three-year, $5.3 million contract by the New York City Department of Design and Constructionto manage the renovation of New York City Hall. http://www.ibtimes.com/articles/20080530/hill-intl-gets-5-3m-ny-city-hall-renovation-deal.htm Fri, 30 May 2008 09:24:45 EDT A New York City panel has approved a 12-year cable television franchise agreement for Verizon. Most city households now have only one cable provider: Time Warner, which covers Manhattan, Queens, western Brooklyn and Staten Island; or Cablevision, which serves the Bronx and eastern Brooklyn. Verizon would offer cable service in all five boroughs. http://www.ibtimes.com/articles/20080527/verizon-cable-deal-advances-in-new-york-city.htm Tue, 27 May 2008 14:56:37 EDT A string of shootings in a New York City neighborhood sent eight people, including half a dozen teenagers, to nearby hospitals with gunshot wounds, police said Tuesday. http://www.ibtimes.com/articles/20080527/police-says-several-people-shot-on-nyc-street.htm Tue, 27 May 2008 23:13:06 EDT Production of ABC's "Ugly Betty" is moving to New York. The announcement came Monday from Gov. David Paterson, Mayor Michael Bloomberg and ABC Studios President Mark Pedowitz. http://www.ibtimes.com/articles/20080512/ugly-betty-production-moving-to-nyc.htm Mon, 12 May 2008 13:32:56 EDT A new study shows that the growing video game industry holds much promise for New York City's economy. But despite gains in the area, the study says, the city lags behind such established gaming hubs as Seattle, Los Angeles and Boston. http://www.ibtimes.com/articles/20080512/study-video-game-industry-holds-promise-for-nycs-economy.htm Mon, 12 May 2008 12:08:44 EDT Two former owners of a defunct mortgage firm were charged on Thursday with stealing $44 million from Fannie Mae and forging paperwork in loan sales to Credit Suisse. http://www.ibtimes.com/articles/20080508/2-indicted-in-nyc-over-44-million-mortgage-scheme.htm Thu, 08 May 2008 15:20:51 EDT New York City residents may soon get a choice of cable television providers. The city announced Tuesday that it has reached agreement with Verizon for a cable television franchise contract, which calls for increased channel capacity and funding for all public, educational and governmental channels. http://www.ibtimes.com/articles/20080429/nyc-reaches-cable-tv-agreement-with-verizon.htm Tue, 29 Apr 2008 13:47:06 EDT Even critics credited Patricia Lancaster for trying to reform New York City's inefficient, corruption-riddled Buildings Department. During her six years as commissioner, she rewrote an outdated building code, created online databases for nearly 1 million city properties, stepped up inspections and wrote new safety rules. http://www.ibtimes.com/data/articleimgs/41673-nyc-buildings.jpg http://www.ibtimes.com/articles/20080423/nyc-buildings-commissioner-resigns-after-mayors-criticism.htm http://www.ibtimes.com/articles/20080423/nyc-buildings-commissioner-resigns-after-mayors-criticism.htm Wed, 23 Apr 2008 05:10:50 EDT