New York subway passengers, who were stranded for seven hours on the A train when the city was hit by a snowstorm on Dec. 26, are planning to sue the Metropolitan Transportation Authority (MTA).
New York City attracted almost 49-million tourists last year, an all-time record, despite the ongoing effects of the recession, according to the city’s mayor Michael Bloomberg.
Reports had stated that Microsoft will showcase a slew of tablets running on Windows 7 and Windows 8 manufactured by Dell and Samsung at CES 2011, and part of the forecast has come true, as a UK-based AHX Global launched a Windows-based iTablet.
The companies which are expected to see active trade on Wednesday are Trident Microsystems, Family Dollar, Mosaic, Atheros Communications, Landec Corp and Ruby Tuesday.
Inflation will be the biggest concern for the emerging markets in 2011 and an important economic gauge to watch in the new year.
Retailing giant Wal-Mart Stores (NYSE: WMT) may be seeking to establish a foothold in New York City, according to a report on the NY1 news station.
Qualcomm Inc. (Nasdaq: QCOM) is preparing to acquire semiconductor company Atheros Communications (Nasdaq: ATHR), for about $45 per share, or $3.5 billion, according to a report in the New York Times.
Evan Snapper apparently figured that he would help Hillary Clinton get elected president and enjoy an Elton John concert, all at a client’s expense. Federal authorities said that Snapper also knew he was breaking federal election laws, and may now spend five years remembering that concert.
Richmond, Va.-based law firm LeClairRyan has poached on at least 15 Nixon Peabody lawyers, including 5 partners, who will focus on expand upon the firm's capabilities in intellectual property, bankruptcy and commercial litigation practices in the newly established Rochester, N.Y. office.
Attorney General Eric Holder has named Gary G. Grindler as the new chief of staff to the Attorney General.
Shares of BP plc (NYSE: BP) have leapt today partially on a report in the UK newspaper Daily Mail that Royal Dutch Shell (NYSE: RDS.A) may be interested in merging the two global oil giants.
Gurgaon police on Tuesday registered a first information report (FIR) against Indian-born global chief executive of Citigroup Vikram Pandit and ten others in the $80 million Citibank fraud case in the north Indian state of Haryana.
Researchers in the United States have developed an entirely new type of nanomaterial - dubbed nanoscoop - that could enable the next generation of high-power lithium (Li)-ion rechargeable batteries for electric automobiles, laptops and cell phones.
Japanese researchers at the Kyoto University have broken the rare earth import jinx as they have created a new alloy which resembles rare metal palladium, bringing a sigh of relief to countries depending on Chinese exports of rare earth metals.
The pre-market movers on Tuesday are Alcoa, Carnival, Huntington Bancshares, Walgreen Co, Borders group, Electronic Arts and Safeway.
Internet TVs are expected to be a hot product at this year's CES.
A shareholder in Devry Inc. has sued 14 of the for-profit education company's officers and directors for their failure to properly oversee student recruitment and financial aid policy
Top Senate Democrats have vowed to block a wholesale repeal of the health care reform law passed earlier this year, saying millions of U.S. senior citizens would face the prospect of paying more for prescription drugs if the repeal took place.
Steven Rattner, former head of the U.S. government's Automotive Task Force, has agreed to pay $10 million in restitution to settle kickback allegations involving the roughly $132.8 billion New York State Common Retirement Fund and resolves the two lawsuits filed by the Attorney General Andrew M. Cuomo.
Time Warner Cable and Sinclair Broadcast Group announced that on New Year's Eve that they reached an extension agreement that will keep the big four networks on through Jan. 14.
The U.S. real estate market is improving, at least for foreign investment dollars, according to the Association for Foreign Investment in Real Estate, or AFIRE.
Bank of America (NYSE: BAC) is preparing for a potential onslaught of embarrassing and perhaps damaging information about the bank from Julian Assange’s WikiLeaks, according to a report in the New York Times.
