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Get up to the minute business news and financial information including Wall street, interest rates, company profiles and more.
Updated: 9 weeks 6 days ago

Where sports fans can find cheap seats

Thu, 07/24/2008 - 20:24

With the Yankees and Mets contending and playing their final seasons in their current ballparks, tickets don't come cheap. But there are options for budget-conscious New Yorkers who love sports.

Categories: Money and Business

Cuomo sues UBS over auction-rate securities mess

Thu, 07/24/2008 - 16:24

New York Attorney General Andrew Cuomo sued banking giant UBS on Thursday, accusing the company of fraudulently promoting tens of billions of dollars of auction-rate securities as safe when it knew a crisis was brewing.

Categories: Money and Business

Creators of Scrabble knockoff on Facebook sued

Thu, 07/24/2008 - 14:33

T-R-O-U-B-L-E could loom for a Scrabble knockoff that has become one of the most popular activities on Facebook. Hasbro Inc., the company that owns the word game's North American rights, sued the creators of the Scrabulous program on Thursday.

Categories: Money and Business

Nation's largest grocer removes jalapenos over salmonella outbreak

Thu, 07/24/2008 - 12:32

The nation's largest traditional grocery chain has removed all jalapeno peppers from its stores as a precaution.

Categories: Money and Business

Ford posts worst quarterly performance in its history

Thu, 07/24/2008 - 12:25

Ford Motor Co. posted the worst quarterly performance in its history Thursday, losing $8.67 billion in the second quarter. Ford also said it will retool two more truck and SUV plants to build small, fuel-efficient vehicles.

Categories: Money and Business

New layoff filings jump as companies retrench

Thu, 07/24/2008 - 10:06

The number of newly laid off people filing claims for unemployment benefits bolted past 400,000 last week as companies trimmed their work forces to cope with a slowing economy and fallout from a collapsed housing market.

Categories: Money and Business

Gates, Bloomberg pool riches to fight smoking

Wed, 07/23/2008 - 21:43

Microsoft founder Bill Gates and New York Mayor Michael Bloomberg are pooling their piles of money to pour $375 million into a global effort to cut smoking.

Categories: Money and Business

FCC nears approval of XM, Sirius merger

Wed, 07/23/2008 - 19:03

The proposed merger of the Sirius and XM satellite radio companies appeared close to final approval Wednesday, with the sole undecided member of the Federal Communications Commission poised to support the deal.

Categories: Money and Business

Coping with the money crunch

Wed, 07/23/2008 - 16:06

Our continuing series on what New Yorkers are doing to save money in these trying times.

Categories: Money and Business

Forbes: Vince Vaughn is best value for the money

Wed, 07/23/2008 - 15:46

Vince Vaughn is the best star for the buck, says Forbes magazine. Vaughn raked in $14.73 of gross income for studios for every dollar he was paid for "The Break-up," "Wedding Crashers" and "Dodgeball," the magazine calculated.

Categories: Money and Business

Fed: Slower growth, rising prices slam economy

Wed, 07/23/2008 - 14:16

The Fed's new snapshot of business conditions, released Wednesday, shows how the country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike.

Categories: Money and Business

Poll: Economy top issue; energy worries grow most

Wed, 07/23/2008 - 13:29

The economy is the nation's top concern by far, but anxiety about energy has grown more since spring than any other issue while the focus on Iraq continues to fade, according to a poll released Wednesday.

Categories: Money and Business

Chrysler plans to cut 1,000 salaried jobs

Wed, 07/23/2008 - 13:27

Chrysler LLC said Wednesday it will cut 1,000 salaried jobs worldwide by Sept. 30 as it tries to return to profitability amid a severe downturn in U.S. sales.

Categories: Money and Business

New York Times to raise newsstand price to $1.50

Wed, 07/23/2008 - 11:02

The New York Times Co. will increase the Monday-Saturday newsstand cost of its flagship paper by 25 cents to $1.50, the publisher said Wednesday.

Categories: Money and Business

Toyota's global sales rise 2 percent; GM's 77-year run at top threatened

Wed, 07/23/2008 - 10:45

Toyota sold more than 4.8M vehicles worldwide in the first half, up 2% from the same period a year earlier, the automaker said Wednesday, setting up Toyota to potentially end GM's 77-year run as the world's top automaker by sales.

Categories: Money and Business

Still time to get kids into summer day camps

Wed, 07/23/2008 - 10:17

Summer is slipping away, but there's still time for school-age kids to get into day camps around the city without blowing their parents' budgets.

Categories: Money and Business

Airlines' oil woes fuel job cuts

Wed, 07/23/2008 - 10:07

The losses keep piling up for the airline industry, as three of the nation's biggest carriers said Tuesday that soaring fuel costs overwhelmed higher revenues in the latest quarter.

Categories: Money and Business

Bush says Wall Street has hangover, must sober up

Tue, 07/22/2008 - 18:10

President Bush, in an unguarded moment, said Wall Street "got drunk and now it's got a hangover."

Categories: Money and Business

Court affirms online content-blocking law unconstitutional

Tue, 07/22/2008 - 17:14

A federal appeals court Tuesday agreed with a lower court ruling that struck down as unconstitutional a 1998 law intended to protect children from sexual material and other objectionable content on the Internet.

Categories: Money and Business

Fannie Mae and Freddie Mac rescue could cost $25B

Tue, 07/22/2008 - 17:05

A federal rescue of Fannie Mae and Freddie Mac could cost taxpayers $25 billion, congressional budget experts said Tuesday, as lawmakers put finishing touches on legislation that would tap the troubled mortgage giants' profits to help save homeowners from foreclosure.

Categories: Money and Business



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