Deutsche Boerse AG and NYSE Euronext could spin off parts of their derivatives arms to create a third-party competitor as a way to allay anti-trust concerns about their $9 billion merger, two sources familiar with the Boerse's thinking said.
Citigroup Inc. (NYSE:C), which announced Tuesday that it would cut about 4,500 jobs, could get faster regulatory capital than other banks, according to a Wall Street analyst.
In an effort to provide relief to families left with no potable drinking water in Dimock Pennsylvania, activists and local leaders shipped roughly 5,700 gallons of fresh water supplies by bus Tuesday from New York City's city hall.
UBS announced Tuesday it will be adding five recently-public Web 3.0 companies, including Groupon Inc. (NASDAQ:GRPN) to its benchmark index of young public Internet companies, officially called the UBS Next Generation Internet Index.
The U.S. Supreme Court declined to hear a case regarding a Bronx church holding worship in a New York City public school.
The top after market NYSE gainers on Monday were: Higher One Holdings, Qihoo 360 Technology, CPI Corp, Sequans Communications and Frontline Ltd. The top after market NYSE Losers were: Nustar Energy, Mac-Gray Corp, Federal Signal, Armstrong World Industries and Cardinal Health.
Investment firm Beacon Capital Partners has closed on an investment in 195 Broadway in Lower Manhattan as part of a $280 million recapitalization of the property, according to city records.
Stocks ended flat on Friday but capped the best week for Wall Street bulls in almost three years after data showed the U.S. unemployment rate dropped to a 2-1/2 year low.
I was cautiously optimistic to see the unemployment figures dropping to 8.6 percent, concerned that only 7 percent of those who lost and regained jobs during the financial mess are maintaining their previous financial position and despair at the impact decaying infrastructure, like the New York City L Train, has on small businesses and our chances of economic recovery.
The Bronx Bombers considered instead being the Manhattan Bombers in 1915, according to a letter from that year that shows that the team's then-owners looked at a site in Times Square for Yankee Stadium.
The troubled Cooper Square Hotel in Manhattan's East Village has sold for $67.5 million, according to New York City records.
Unemployment is down, but so is the financial position of job-finders. The New York City L train is shut too many weekends for piecemeal repairs, while desperately needed infrastructure needs go unmet. It's hurting small Williamsburg shops--and speaks to the proper role of government.
The original Manhattan is surging back to life ten years after the terror attacks of 9/11, and trends are showing the square-mile tip of the island south of Chambers Street is quickly surpassing its past glory.
A Bronx man was arrested on Wednesday in connection with the murder of an East Harlem resident and native of Italy, Rita Morelli, 36.
Detective Gescard Isnora, who allegedly triggered the incident that let to the shooting and killing of Sean Bell, has been recommended for firing by the commissioner who handled the review, unnamed sources.
Three City Council members have introduced a resolution formalizing support for Occupy Wall Street and its message condemning economic inequality.
Brookfield Asset Management and tenants of Stuyvesant Town and Peter Cooper Village are making a bid to take over the massive apartment complex of over 11,000 units on Manhattan's east side.
Midtown Manhattan is expected to be filled with horrendous traffic as President Obama's trip to New York coincides with the star-studded annual Christmas tree lighting at Rockefeller Center.
Police are searching for a man wanted for sexually abusing two 12-year-old girls from the Elmhurst section of Queens.
The Malkin family, the New York landlords who own the Empire State Building, plan to file to become a publicly traded real estate investment trust (REIT) in around three months, it said in a Securities and Exchange Commission filing.
The aggrieved students of New York City's public university system took to the streets of Manhattan Monday evening to protest tuition hikes many of them say will cripple their ability to afford to earn a college degree.
Jennifer Lopez has been sued by Bronx-based graffiti artists who say their artwork was used without permission in her Fiat commercial.
