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New York Gov. David Paterson announced Friday that he will not seek election in the fall, after allegations involving him and a top aide.

Embattled New York Governor David Paterson has decided to withdraw from the race for governor and will not seek election this year, local media reported on Friday.

Top executives at The New York Times Co. went into great detail to discuss their new metered model system that the company intends to launch on its web site next year.

In a year in which Republicans look likely to make sweeping gains in congressional and governors' elections, New York Democrats are more concerned with fighting each other.

Recent cyber attacks on Google and other American corporations have been traced to a top Chinese university as well as a school with ties to the Chinese military, the New York Times reported on Thursday, citing people involved in the investigation.

A Haitian judge said on Monday he would deepen his inquiry into 10 American missionaries accused of kidnapping children following media reports that a legal adviser working with them was under investigation in El Salvador for suspected human trafficking.

Hollywood studio Lionsgate, a unit of Lions Gate Entertainment Corp, is looking to buy Walt Disney's Miramax film unit, the New York Post said, citing sources inside or close to Lionsgate.

Amazon has reportedly purchased Touchco, a small startup focusing on multitouch technology, that could be used in developing a new line of Kindle e-readers.

Amazon.com Inc has removed all e-books published by Macmillan from its website after a dispute over pricing, according to media reports.

President Barack Obama will unveil a $3.8 trillion budget proposal on Monday for fiscal 2011, the New York Times reported on Saturday.

Software maker Oracle Corp , which is near to closing its $7 billion acquisition of computer maker Sun Microsystems Inc , plans to hire 2,000 sales and engineering employees, the Wall Street Journal reported on Tuesday.

Publishers have high hopes that Apple Inc's highly anticipated tablet computer will attract new readers and boost revenue, but few expect that it will by itself reverse the fortunes of a beleaguered industry.

The New York Times will make people pay for articles online starting next year, marking a big move by a prominent newspaper to find ways to survive on the Web as print subscriptions and advertising sales fall.

The amount of time youngsters are spending on the web has ballooned to proportions that exceed the average adults full working week, according to a new study.

The New York Times will begin charging for articles on its website next year, marking a major effort by the newspaper to find new revenue and combat the declines in print circulation and advertising that have badly hurt the publishing industry.

A largest aftershock of last week's devastating earthquake in Haiti struck this morning 35 miles west-south-west of the nation's capital, Port-au-Prince, on Wednesday.

The New York Times Co Chairman Arthur Sulzberger is close to announcing that the paper will begin charging for access to its website, New York Magazine reported on its Web site citing people familiar with internal deliberations.

An executive from Goldman Sachs Group Inc said the company in some cases profited by trading ahead of or against its own clients, the New York Times said on its website.

Goldman Sachs Group Inc may expand a program that would require executives to give a part of their pay to charity, as it looks to cool public anger over compensation, the New York Times reported on Sunday.

Owners of Stuyvesant Town and Peter Cooper Village, a vast New York apartment complex, will miss a $16 million loan payment on Friday, putting them in technical default on their mortgages, the New York Times said, citing executives briefed on the matter.

Tribune Co's Los Angeles Times said it would close its printing operations in Orange County, California, resulting in about 80 layoffs, as part of cost-cutting measures.

U.S. House of Representatives Speaker Nancy Pelosi said on Wednesday congressional Democrats were close to agreement on merging their healthcare bills but still faced challenges in blending the two approaches.

U2 front man Bono has suggested that movie company success in fighting piracy could help the U.S. economically.

The U.S. Justice Department is considering whether to ask a judge to reduce the jail sentence of Bradley Birkenfeld, the key informant in the U.S. tax fraud case against Swiss bank UBS AG, the New York Times said, citing a person briefed on the matter.

Novartis seeks tighter Alcon grip; Whistleblower reprieve? Asian factories rise

Former Citigroup Chief Executive Sanford Weill blamed the bank's problems on personnel decisions and faulted his successor, Chuck Prince, for letting its balance sheet balloon and taking on large risks, according to the New York Times, citing a series of recent interviews.

A shooting in Manhattan's Upper West Side region on Thursday has left four people dead, the New York Times reported.

So Shooters, today's big news: Citigroup to pay back $20 billion in TARP to government. Why stop so soon the magic IV drip known as TARP funding (which had just been so graciously extended by Treasury)? Well, it's not because the company is back in good health. They just want to keep ahead of the talent-poaching with the zombies doing jumping jacks - the likes of Goldman Sachs.

Citigroup is nearing a deal with the U.S. government that would allow it to pay back its bailout money, several reports said on Sunday.