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NYC Mayoral Candidate John Liu's Future Up In The Air

City Comptroller John Liu
City Comptroller John Liu's troubles keep growing as new allegations of improper fundraising practices continue to surface in connection with his budding 2013 mayoral campaign, but Queens political types offer varying appraisals of his political future.
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A pedestrian walks past the NASDAQ building in New York City

Lax Security at Nasdaq Helped Hackers

A federal investigation into last year's cyber attack on Nasdaq OMX Group found surprisingly lax security practices that made the exchange operator an easy target for hackers, people with knowledge of the probe said. The sources did not want to be identified because the matter is classified.
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Wall Street falls, eyes banking contagion

Stocks fell on Wednesday, with selling accelerating late in the session on more warnings about the potential impact of the euro zone's debt crisis on the global economy and the banking system.
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Citigroup May Cut up to 3,000 Jobs: Report

Citigroup In c is planning to cut as many as 900 jobs from its securities and banking division as it grapples with turmoil in equity and debt markets, the Wall Street Journal reported Tuesday.
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Top After Market NYSE Movers (CIM, MX, BZH, ALC, DLR, BPZ, LDK, IOC, AL, PVR)

The top after market NYSE gainers on Monday were: Chimera Investment Corp, MagnaChip Semiconductor Corp, Beazer Homes USA, Assisted Living Concepts and Digital Realty Trust. The top after market NYSE Losers were: BPZ Resources, LDK Solar Co, InterOil Corp, Air Lease Corp and Penn Virginia Resource Partners.
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More foreign banks probed for U.S. sanctions evasion

WASHINGTON, Nov 14 - The New York County District Attorney's office will soon announce enforcement actions against additional foreign banks that helped Iran and other U.S.-sanctioned countries access the U.S. financial system, Manhattan District Attorney Cyrus Vance, Jr said on Monday.
Flight 587

Flight 587: Families Keep Memories Alive After 10 Years

Saturday was the 10th anniversary of the memorial for the victims of American Airlines Flight 587, and attendance was high despite the fact that the plane crashed into the nearby neighborhood of Belle Harbor a full decade ago.
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Cardiome Pharma Downgraded at Wedbush Securities

Wedbush Securities downgraded its rating on shares of Cardiome Pharma Corp. (NASDAQ: CRME) to “neutral” from “outperform” as the trial of oral vernakalant continues to delay. The brokerage also lowered its fair value estimate to $4 from $8.50.
OWS Thief

Occupy Wall Street Shames Alleged Donation Thief

As an elderly songwriter strummed along to a low-rent ditty about that old dusty road where that banker stole my home in the heart of Zuccotti Park, just a few feet away, a dose of vigilante justice was being doled out Wednesday afternoon by the Occupy Wall Street protesters.

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