Oct 3rd, 2012
(Reuters) – New York’s Metropolitan Transportation Authority will need at least $20 billion from 2015 to 2019 to keep its system in good repair, but the mass transit operator has yet to figure out how to pay for these upgrades, a report said on Tuesday.
The MTA, the largest U.S. mass transit system, runs the city’s buses, subways, commuter railroads and some major bridges and tunnels. Its capital...
Sep 1st, 2012
NEW YORK (Reuters) – Critics call him a puritanical scold, Gotham’s Dr. No and a nursemaid to Mayor Michael Bloomberg’s nanny state. Meet Thomas Farley, New York City’s health commissioner.
Farley, a pediatrician and endurance athlete, says they are wrong about his efforts to help New Yorkers eat better, smoke less and exercise more — moves that have been linked to New York’s...
Aug 29th, 2012
NEW YORK (Reuters) – U.S. stocks were little changed on Wednesday, the third straight day of limited market action as investors shrugged off the latest data to look ahead to Federal Reserve Chairman Ben Bernanke’s speech on Friday for trading incentives.
Daily volume so far this week has been low even for a seasonally slow period, with trading levels about 30 percent below the year-to-date average, an...
Jul 16th, 2012
NEW YORK (Reuters) – The New York City Taxi and Limousine Commission approved a 17 percent fare hike on Thursday, said Allan Fromberg, a spokesman for the commission. The change will take effect in September.
The hike will impact mileage and time spent in traffic, while the $2.50 base fare will remain the same. The cost of a ride to John F. Kennedy International Airport from midtown Manhattan will rise from...
Jul 11th, 2012
NEW YORK (AP) — Luke Bryan is saying sorry for his performance during Major League Baseball’s All-Star game.
The country singer admits that he did check the lyrics he had written on his hand while he sang the national anthem on Tuesday night. He also checked his watch.
In a series of tweets Wednesday, Bryan says he’s sincerely sorry if he offended anyone. He says he just wanted to make sure that he...
Jun 23rd, 2012
NEW YORK (Reuters) – A version of the Constitution and the Bill of Rights U.S. belonging to George Washington was sold at auction Friday for $ 9.8 million (7.8 million) in New York, which a record for an American historical document.
This bound book signed by the first President of the United States, dating from 1789, was acquired by the non-profit Mount Vernon Ladies Association of the Union, which handles...
Apr 18th, 2012
New York – Yesterday, shareholders of Citigroup expressed strong opposition to the compensation offered to executives of the U.S. bank.
On the occasion of the annual meeting of the institution, 55% of shareholders voted against the salaries and bonuses awarded to executives. But this vote is not binding.
The CEO, Vikram Pandit, received total compensation of $ 14.8 million in 2011, when he had agreed a fee of...
Apr 5th, 2012
NEW YORK (Reuters) – List of key values to follow Thursday’s Wall Street .
* FORD noted its forecast for U.S. auto market this year after a good performance in the first quarter. It now believes that the annual market should be between 14.5 million and 15 million vehicles (including trucks and vans), against 13.5 to 14.5 million previously.
However, the manufacturer said it risked losing market...