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Dow Closes 400 Points Lower on Worries Over Sluggish Economy
Thursday, August 18, 2011
The Dow Jones industrial average dropped 419 points to close at at 10,990.58. It recovered slightly from this morning's plummet of 500 points, as stocks fell around the world on fear of more economic weakness.
Sharpton Opts Out of Panel on Crown Heights Riots
Thursday, August 18, 2011
Reverend Al Sharpton has decided not to speak on a panel to mark the 20th anniversary of the violent Crown Heights riots after critics — including the family of a Jewish man who died during the clash — fumed over his participation in the event this weekend.
A Day After Discrimination Suit Decision, Mayor Says He's 'Proud' of Bloomberg L.P.
Thursday, August 18, 2011
Mayor Michael Bloomberg said he was proud of Bloomberg L.P., the financial news and media company he founded that claimed a major victory Wednesday when a federal judge tossed out a class-action discrimination lawsuit filed on behalf of pregnant women who worked at the company.
Protesting Verizon Workers Upset Nearby Residents, Businesses
Thursday, August 18, 2011
As Verizon and the unions representing its employees clash over a new contract, some New Yorkers are suffering collateral damage.
Council Members Push to De-Criminalize Marijuana in Public View
Thursday, August 18, 2011
Some City Council members are calling for Albany to pass a bill that would de-criminalize having small amounts of marijuana in public view.
Judge Tosses Out Bloomberg L.P. Discrimination Suit
Wednesday, August 17, 2011
A federal judge ruled there was not enough evidence to show that Bloomberg L.P., the business and financial news company founded by New York City Mayor Michael Bloomberg, discriminated against pregnant women and mothers.
Mayor Bloomberg Signs Legislation Supporting Locally Grown Food
Wednesday, August 17, 2011
Mayor Michael Bloomberg signed legislation Wednesday that aims to promote locally grown food and reduce wasteful packaging.
Computer Virus Disguised as Speeding Ticket Email
Wednesday, August 17, 2011
It might be a good thing to delete that email about a speeding ticket. New York State police warned Wednesday that a virus-laden email made to look like a speeding ticket notice from New York was popping up in inboxes.
Motorist May Soon Be Able to Feed Parking Meters Via Phone
Wednesday, August 17, 2011
Tech-savvy motorists could soon be paying for parking meters with cell phones instead of quarters.
Closure Looms for Lone Acute Care Hospital in Southeast Queens
Wednesday, August 17, 2011
The latest metro-area hospital on the brink of closure has won a couple more days to present a restructuring plan.
Judge Rules Prospect Park West Bike Lane Can Stay
Wednesday, August 17, 2011
The fight over the controversial Prospect Park West bike lane is over. Brooklyn Supreme Court Justice Bert Bunyan dismissed claims that the city failed to go through proper channels when it installed the two-way, protected path.
CSEA Approves 5-Year Contract, Avoids Thousands of Layoffs
Tuesday, August 16, 2011
The state's largest public workers union has approved a five-year contract that freezes wages for three years, but also avoids thousands of layoffs.
Cuomo Signs Ethics Law, Faces Questions on Use of State Aircraft
Monday, August 15, 2011
On the same day Governor Andrew Cuomo signed a bill ensuring state officials follow ethics rules, he was facing questions about his use of state aircraft to and from his Westchester home.
Markets Extend Gains For a Third Day
Monday, August 15, 2011
Stocks extended gains for a third day, erasing last week’s losses after Standard & Poor’s downgrade of U.S. credit rating.
Flash Flood Watch In Tri-State Area Follows Record Rainfall
Monday, August 15, 2011
Simulated Gunfire Part of Movie Shoot in Lower Manhattan
Monday, August 15, 2011
New Yorkers should not be alarmed by what appears to be heightened police activity in Lower Manhattan on Monday.
Verizon Asks FBI to Investigate Sabotage by Striking Workers
Friday, August 12, 2011
Verizon called on the FBI to investigate alleged acts of sabotage by striking workers. Company spokesman John Bonomo said more than 90 acts of intentional defamation had taken place since workers began striking on Sunday.
Markets Close Up to End Volatile Week
Friday, August 12, 2011
Stocks made modest gains today on mixed economic data, ending a volatile week of gains and loses. The Dow Jones industrial average gained 125 points to close at 11,269.02. The Nasdaq rose 15 points to close at 2,507.98. The S&P 500 increased 6 points to close at 1,178.81
Water Main Break Disrupts Several Subway Lines
Friday, August 12, 2011
A water main break in Harlem is causing major disruptions on several subway lines Friday, including the No. 2, A, C, E, F, B, D, M, N, Q, and R lines.
Campaign Finance Board Penalizes Three Councilmembers
Friday, August 12, 2011
The City's Campaign Finance Board has levied penalties against three members of the City Council for campaign finance violations dating back to 2009.