Result Page 93 for New york city news & latest pictures from ibtimes.com

Fed boards without bankers a travesty, say directors

Federal Reserve Bank directors say a Senate plan to kick bankers off the boards of regional Fed banks is an overreaction to one headline-grabbing incident and could harm the U.S. central bank.

AIG to revisit float plan if Pru bid fails: report

The Treasury is re-looking at plans to float the Asian unit of AIG in case a bid by Prudential to buy the AIA fails, two British newspapers reported on Sunday.

Pru launches $21 billion cash call to back AIG unit bid

British insurer Prudential launched its long-awaited $21 billion cash call and a delayed offensive to woo wary shareholders to back its takeover of rival AIG's Asian unit.

Exchange execs to address Congress panel on sell-off

Senior executives from NYSE Euronext, Nasdaq OMX Group Inc and CME Group Inc will testify to a congressional panel on Tuesday on last week's shock sell-off in the stock markets, according to a witness list obtained by Reuters.

More news

Wall St. Week Ahead: Eyes on jobs, Greece and Goldman

April's jobs report and a slew of other economic indicators may bolster U.S. stocks this week, but jitters over Greece's debt and investigations into Goldman Sachs will test the market's resiliency.

Goldman set to settle SEC fraud case soon: report

Goldman Sachs may soon settle its fraud case with the U.S. regulator, the New York Post reported on Thursday, opting to end a legal fight rather than endure a repeat of the public flogging it received this week.

Americans losing confidence in healthcare

(Reuters) - Americans are steadily losing confidence in their ability to get healthcare and pay for it, despite the passage of healthcare reform legislation, according to a survey published on Wednesday.

Goldman fends off accusations of exploiting bubble

Lower level Goldman Sachs executives tried to fend off accusations they inflated the housing bubble, sold clients shitty deals and made billions off the market's collapse, in a high stakes Senate hearing.

Market flat on healthcare drag; Qualcomm sinks late

Stocks finished little changed on Wednesday as disappointing outlooks from healthcare companies offset strong earnings from Morgan Stanley and Apple Inc .

Wall St falls on Goldman worries, chipmakers

Wall Street fell on Monday as a fraud case against Goldman Sachs weighed on the market for a second day, overshadowing positive Citigroup earnings and upbeat economic data.

London City tower for sale with 300 mln stg pricetag

London City skyscraper Tower 42 is up for sale with a 300 million pounds ($461 million) pricetag as owners BlackRock and Hermes seek to profit from spiralling demand in the UK's stock-starved property market.

News Corp's WSJ, NY Post to offer ad discounts: report

News Corp's New York Post and Wall Street Journal are offering discounted advertisement prices, the Financial Times wrote, citing people familiar with the plan.

Wall Street flat on Korea nerves, Oracle hurts Nasdaq

The Dow and S&P ended flat on Friday, giving back earlier gains after the sinking of a South Korean naval ship, while tech shares' weakness kept the Nasdaq in slightly negative territory.

Best Buy beats Street, sees strong year ahead

Best Buy Co beat Wall Street's view for profit and sales in its holiday quarter and forecast stronger-than-expected earnings in the current year, sending shares up 7.7 percent.

Manhattan office market shows signs of life

The moribund Manhattan office market regained a pulse in the first quarter, after a year that saw only eight properties sold for more than $30 million.

2010 St. Patrick's Day Parade kicking off in NYC

The 2010 New York City Saint Patrick's Day Parade kicks off Wednesday at 11:00 a.m. starting at 44th Street and Fifth Avenue.

S&P 500 dips on pharmaceuticals and technical resistance

Major U.S. stock indices erased earlier gains to trade negative for the day. Lower than expected consumer sentiment index, a technical resistance for the S&P 500, and declining shares of drug companies pushed the market down.

Stocks end mixed despite easing Greece pressures

Major U.S. stock indices ended mixed even though American International Group continued raise cash by selling its units and France reiterated its support for Greece and the euro.

Telecom and tech stocks higher in mixed market

Telecom and technology sector stocks rose on Monday as major stock indices closed mixed.

Stock market sputters despite assurances

The stock market is struggling on Monday despite reassuring news from China, Europe, and AIG.

Wall St flat as AIG, McDonald's offset by healthcare

U.S. stocks barely budged on Monday as hopes stirred by AIG's sale of a unit and McDonald's upbeat sales were offset by falling healthcare shares after President Barack Obama's criticism.

Stocks mixed after global debt news; tech sector leads

In a quiet day for U.S. earnings and economic releases, major U.S. indices are mixed after some positive developments from Europe and Dubai on debt issues. The tech sector leads on Cisco and upgrades.

AIG units settle discrimination charges

Two AIG units settled federal charges that they discriminated against blacks in providing home loans and will pay at least $7.1 million for restitution and education efforts, according to court documents filed on Thursday.

Stocks rise on signs of continued recovery

The U.S. stock market rose on Monday as economic reports continued to signal recovery in key sectors of the economy.

Stocks lifted by M&A, prospects for Greece aid

Stocks rose on Monday, boosted by AIG's deal to sell its Asian life insurance unit and prospects for solving Greece's debt problems, which have increased fears about the outlook for global recovery.

Citi board; Armstrong, Mulcahy out, Zedillo in

Citigroup Inc's board is reshuffling, with former AT&T and Xerox executives Michael Armstrong and Anne Mulcahy stepping down and former Mexican President Ernesto Zedillo in line to join.