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  • Missing MF Global money potentially found in UK: report

    LONDON -- Roughly $200 million in funds believed to belong to clients of bankrupt trading firm MF Global has reportedly been found at J.P. Morgan Chase in the UK. Sources told The New York Times late Monday that the money, part of up to about $1 billion o
    2011-11-29 22:50 Similar articles read more
  • American Airlines files for bankruptcy, names new CEO

    FORT WORTH, Texas -- AMR Corporation, the parent company of American Airlines, filed for Chapter 11 bankruptcy protection Tuesday to restructure significant debt obligations, causing shares in the company to plummet. Stock prices sank 86 percent when they
    2011-11-29 22:50 Similar articles read more
  • Frank ’n’ banks

    At a news conference yesterday, Barney Frank said he hesitated to retire after Republicans took control of the House because “it seemed like some of the things I had fought hardest for could have been in jeopardy.” But those fears were overblown. The ann
    2011-11-29 22:50 Similar articles read more
  • Icahn is getting scrappy

    Billionaire investor Carl Icahn offered to buy Commercial Metals Co. and combine it with his existing metals operations in a bid that values the Texas steel-scrap recycler and distributor at about $1.73 billion. Icahn Enterprises LP, which owns a 10 perce
    2011-11-29 22:50 Similar articles read more
  • Judge disses SEC

    Securities and Exchange Commission chief Mary Schapiro was given an embarrassing public lashing yesterday by a Manhattan federal judge who ruled that she took the easy way out of a disquieting regulatory action against Citigroup. Last month, the SEC sued
    2011-11-29 22:50 Similar articles read more
  • Cable crunch

    Just as the graying broadcast networks reached peak and then declined, their younger cable competition is starting to show signs of aging. Since the start of the fall TV season, big cable channel owners have seen significant year-over-year declines in th
    2011-11-29 22:50 Similar articles read more
  • Neiman doubles its profit

    The 1 percent are living up to their reputation when it comes to shopping. Neiman Marcus — which owns the swanky Bergdorf Goodman stores on Fifth Avenue — said its quarterly profit nearly doubled on sales of more than $1 billion, as its super-rich cliente
    2011-11-29 22:50 Similar articles read more
  • Kindle turns up the heat

    The holiday tablet wars have begun with a bang. Sales of Amazon’s Kindle devices quadrupled on Black Friday, the online retail giant said yesterday, adding that its new Kindle Fire tablet was the best-selling product on its site. Apple, meanwhile, kept mu
    2011-11-29 22:50 Similar articles read more
  • Suit: Verizon inflated numbers

    Two top executives at Verizon Wireless are feeling the heat from a lawsuit accusing the wireless giant of pumping up its prepaid wireless numbers.Lawyers for Verizon’s largest New York franchisee, ZCom, want to depose Verizon CEO Lowell McAdam and Chairma
    2011-11-29 22:50 Similar articles read more
  • Another facet to Gem Tower

    As the elegant International Gem Tower rises at 50 W. 47th St., the 34-story, crystalline lady stretching steel limbs has taken on a second address: 55 W. 46th St., the entrance to the project’s office component.After weighing options for a few years, Ext
    2011-11-29 22:50 Similar articles read more
  • Wall Street wows after 7 down sessions

    Robust holiday shopping and the expectation that European leaders would do more to fix the region’s debt crisis helped rally stocks around the world out of their long slump yesterday.The buying streak snapped an 11-session rout in Europe, while giving Wal
    2011-11-29 22:50 Similar articles read more
  • Corzine on the Hill

    Jon S. Corzine, the former New Jersey governor and US senator who led MF Global Holdings before the firm filed bankruptcy on Oct. 31, has been called to testify Dec. 13 at a Senate Agriculture Committee hearing on the collapse. Corzine, who was CEO of the
    2011-11-29 22:50 Similar articles read more
  • Bids are in for Yahoo!’s 19.9%

    Despite a potential shareholder revolt, Yahoo! is taking bids from investors for a 19.9 percent stake in the Sunnyvale, Calif., company. The deadline for the bids, set by Yahoo!’s bankers Goldman Sachs and Allen & Co., was yesterday, and the less than 20
    2011-11-29 22:50 Similar articles read more
  • Business briefs

    IPObook Facebook is targeting dates between April and June 2012 for an IPO, the Wall Street Journal reported, citing people familiar with the matter. The social-media company is mulling raising $10 billion in an IPO that could value Facebook at more than
    2011-11-29 22:50 Similar articles read more
  • Comedian Patrice O'Neal dead at age 41

    Comedian Patrice O'Neal died Monday at the age of 41 after suffering a stroke in late October, the hosts of the "Opie and Anthony" radio show announced. "Yes it's true that our pal Patrice O'Neal has passed away. The funniest and best thinker I've ever kn
    2011-11-29 22:50 Similar articles read more
  • 'Fahrenheit 451' finally out as an e-book

    At age 91, Ray Bradbury is making peace with the future he helped predict. The science fiction/fantasy author and longtime enemy of the e-book has finally allowed his dystopian classic "Fahrenheit 451" to be published in digital format. Simon & Schuster r
    2011-11-29 22:50 Similar articles read more
  • Not-so-secret formula

    As networks continue to lose viewers with their lame attempts at creating edgy shows to compete with cable, cable has gone back and created the kind of sure-fire hit that the networks gave up because they weren’t edgy enough in the first place. I’m talkin
    2011-11-29 22:50 Similar articles read more
  • Perry writes Penn St. victim

    Tyler Perry has penned an open letter to one of the alleged victims in the Penn State molestation scandal. The popular actor/producer/writer best known for his “Madea” films and TBS comedies including “Tyler Perry’s House of Payne,” got serious when addr
    2011-11-29 22:50 Similar articles read more
  • Chris Cornell has a mellow new sound garden

    Album of the week CHRIS CORNELL “Songbook”3 1/2 stars While Chris Cornell is famous as the frontman for big, loud bands such as Temple of the Dog, Soundgarden and Audioslave, this year the singer has experimented with quiet-riot arrangements in a series o
    2011-11-29 22:50 Similar articles read more
  • They've got game

    Decked out in her Saturday night finest, wearing a fitted houndstooth skirt, black shirt and perfectly blown-out hair, pretty brunette Betsy Beam is at the Ainsworth in Chelsea, ready to get her gridiron on with the rest of the University of Alabama Alumn
    2011-11-29 22:50 Similar articles read more
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