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Heavy Rain, Flooding Expected for Tri-State

Thursday, March 10, 2011

With heavy rain falling in the area, the National Weather service issued flood watches for much of New York and several New Jersey counties. A flood watch is in effect from Thursday m...

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Openings Start in Hedge Fund Boss' Insider Trading Trial

Wednesday, March 09, 2011

A prosecutor told jurors in opening statements of the trial of hedge fund boss Raj Rajaratnam that the Galleon Group founder made tens of millions of dollars illegally.

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NPR President and CEO Vivian Schiller Resigns

Wednesday, March 09, 2011

NPR President and CEO Vivian Schiller resigned from her post Wednesday morning.

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Macy's Thanksgiving Day Parade Changes Route

Tuesday, March 08, 2011

The Macy's Thanksgiving Day parade will be shifting east one block this year in order to accommodate the new Times Square pedestrian plaza — and business owners, used to serving t—he tens of thousands of spectators, are frustrated with the change. 

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Ahead of Controversial Hearing, NY Rep. Defends Support of IRA

Tuesday, March 08, 2011

New York Congressman Peter King, who will hold hearings this week on Islamic radicalism, is defending his support in the '80s and '90s of the Irish Republican Army.

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Jury Selection Begins in Hedge Fund Boss' Insider Trading Trial

Tuesday, March 08, 2011

Jury selection is set to start in Manhattan on Tuesday in the trial of hedge fund boss accused of making more than $50 million by trading secret information in the stock market.

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Teachers Union Launches Ad Attacking Bloomberg's Layoff Plan

Tuesday, March 08, 2011

The city's teacher's union went on the offensive against the Bloomberg administration's plan to lay off teachers by releasing a new television ad today that rips into the mayor's proposal to lay off teachers.

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Military Commissions to Resume at Guantanamo

Monday, March 07, 2011

President Barack Obama — who promised to close the detention facility at Guantanamo Bay — has now signed an executive order to allow military commissions to resume there.

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Dems to Silver: Don't Cut Education - Tax the Wealthy

Monday, March 07, 2011

Democrats in the New York Assembly have a message for Speaker Sheldon Silver: don't cut education - tax the rich.

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New Bill Aims to Boost Organ Donations

Monday, March 07, 2011

In a move aimed at increasing the number of organ donors, a new bill, if passed, would add a section to the driver's license application requiring applicants to opt for or against organ donation before the license is processed.

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More Kids Applying to NYC Private Schools

Monday, March 07, 2011

More kids are trying to get into private schools, according to data released on Monday by the Educational Records Bureau.

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Ex-State Senator Espada and Son Get Fall Trial Date

Friday, March 04, 2011

Ex-state Senator Pedro Espada Jr., from the Bronx, and his son Pedro G. Espada appeared in Brooklyn federal court Friday on charges of embezzling more than $500,000 from their federally funded Bronx health clinic.

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Central Labor Council Loses Two Unions

Thursday, March 03, 2011

The New York City Central Labor Council, the umbrella organization representing more then a million workers, lost two powerful unions this week because of a controversy over its president.

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No Ruling on Mets, Other Madoff Clients in Appeal for Victims

Thursday, March 03, 2011

A federal appeals court in Manhattan held off on a decision on a challenge by former clients of disgraced financier Bernie Madoff about how a trustee is calculating gains and losses.

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New Jersey Terror Suspects Plead Guilty

Thursday, March 03, 2011

Two New Jersey men arrested at JFK last June on their way to the Middle East pleaded guilty to charges that they tried to join an al-Qaida-affiliated group.

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City Nixes Plans for 34th Street Pedestrian Plaza

Thursday, March 03, 2011

The city has scrapped a plan to build a pedestrian plaza in the middle of 34th Street.

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Former Paterson Aide Pleads Guilty to Harassment Charges

Wednesday, March 02, 2011

The one-time aide of former Governor David Paterson pleaded guilty to one count of harassment stemming from a 2009 domestic violence case.

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Obama Signs Funding Bill

Wednesday, March 02, 2011

President Barack Obama has signed a bill that continues funding for the federal government for the next two weeks, until March 18.

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SEC Supports Rule to Delay Bonuses

Wednesday, March 02, 2011

In a move to curb excessive risk-taking on Wall Street and the influence of credit ratings, the Securities and Exchange Commission has voted in support of rules outlined in the Dodd-Frank Act.

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Ex-Adviser to the Stars Faces Sentencing

Wednesday, March 02, 2011

Kenneth Starr, financial adviser to the stars, faced sentencing in Manhattan federal court Wednesday for a multimillion dollar investment scheme.

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