When Bernie and Ruth Madoff attempted suicide on Christmas Eve of 2008, they did so in the couple's penthouse duplex atop 133 East 64th Street. When Madoff went to jail, they had to forfeit their many homes, which each gained an aura of infamy. Some have done better than others in the luxury sales market.
Bernie Madoff, the infamous entrepreneur and investor who operated one of the largest Ponzi schemes in American history, is speaking to the media as part of a resurgent interest from the public.
The Federal Highway Administration reports that travel on U.S. roadways through the first eight months of 2011 has reached its lowest level since 2003.
Chemical giant BASF's earnings slipped 4.3 percent in the third quarter on economic uncertainty and cautious spending among its customers.
California political leaders chose a site near the headquarters of Solyndra to kick off hearings on how the state's growing cleantech industry can proceed in the wake of that solar company's dramatic collapse.
Title insurer First American Financial Corp posted third-quarter profit that missed market estimates, hurt by higher claims and lower orders.
Major European energy groups posted big jumps in profits on Thursday, driven by higher oil and gas prices and new capacity coming onstream.
Exxon Mobil Corp's profit rose 41 percent in the third quarter, slightly ahead of Wall Street estimates, as gains in crude oil prices and higher refining margins boosted results.
Canada's fifth-largest independent oil producer, warned that full-year production would miss its own expectations, and reported a drop of almost two-thirds in quarterly profit on lower production rates at some assets.
Europe's banks were told to cut dividends and bonuses to help them find 106 billion euros ($146 billion) to shore up their capital, and agreed to halve the value of their Greek government debt.
Warner Bros. has stopped selling its new releases to Blockbuster in an attempt to force the chain to accept a 28-day rental window. Warners wants Blockbuster to wait that long before renting out DVDs or Blu-rays, the way Netflix and Redbox do.
Workers represented by the United Auto Workers union ratified a four-year contract with Chrysler Group LLC, the last Detroit automaker to reach a labor deal.
Visa said on Wednesday quarterly net income rose by 14 percent, as the company processed more card payments and payment volumes increased.
BP passed its final hurdle to returning to the deep waters of the Gulf of Mexico on Wednesday, receiving its first permit to drill a new well since its role in the largest offshore oil spill in U.S. history.
U.S. packaging company Bemis Co.'s third-quarter earnings slipped 9 percent from the prior-year period as customers who use the company's packaging products faced lower sales volumes and tightened their purse strings.
Robert Charles Duffy, a co-founder of Marc Jacobs International, has sold 62 Bank Street for $7.05 million, according to New York City records.
Wal-Mart Stores Inc is shutting its New York fashion office and consolidating buying operations at its home base in Bentonville, Arkansas, after flopping in its attempt to attract customers by offering trendier clothes.
Air India's board has recommended that the state-run airline buy just 12 Boeing 787 Dreamliners, down from 27 the company ordered in 2005, according to a report.
Apple's Steve Jobs, who continues to make headline news after his death, criticized Fox News and its owner Rupert Murdoch for being a destructive force in America.
Sales of new single-family homes were up 5.7 percent from the previous month to 313,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development. However, sales activity declined 0.9 percent decline from September 2010, when an estimated 316,000 homes were sold.
Boeing Co. posted a larger quarterly profit on Wednesday that topped analyst forecasts on strong operating margins and the company upped its profit forecast for 2011.
ConocoPhillips the third-largest U.S. oil company, reported a much higher-than-expected quarterly profit on strength in its refining business, sending its shares up 2 percent.
Air Canada agreed on Tuesday to withdraw its appeal against an arbitrator's ruling on pensions for new hires at the airline after the union representing its check-in and call-center staff threatened job action.
Ford Motor Co. posted lower third-quarter earnings after misjudging the threat of higher commodity costs and writing down the value of hedge positions.
As many Americans and others throughout the world grapple with making a comeback in lingering difficult economic conditions from the 2008 Great Recession, here are 5 lessons to learn from Ford Motor Company for dealing with and coming back from hard times.
Sprint Nextel posted a smaller-than-expected quarterly loss but its full year forecast showed the costs of selling Apple Inc.'s iPhone could hurt the results for the rest of the year.
Olympus Corp Chairman and President Tsuyoshi Kikukawa stepped down on Wednesday in response to a widening scandal over dubious acquisition deals, as sources said Japan's securities watchdog was looking into the 92-year-old firm's past dealings.
Olympus Corp announced Wednesday that its chairman and president Tsuyoshi Kikukawa had stepped down over media reports of a widening scandal, as sources said Japan's main securities watchdog was looking into the 92-year-old firm's dubious acquisition deals.
The cost of college in the United States rose sharply for the 2011-2012 school year, continuing a multiyear pattern in which public school increases outpaced private school hikes and both eclipsed the average rate of inflation by significant amounts, the College Board reported on Wednesday.
The Chrysler Group LLC is all set for a major presence in the forthcoming 2011 Specialty Equipment Market Association (SEMA) show in Las Vegas.
