City University Of New York News
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KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, is in discussions with former Central Intelligence Agency Director David Petraeus about a role at the company, according to a person with knowledge of the talks.
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Joseph Lhota was Rudy Giuliani’s deputy on Sept. 11 and head of the agency that brought back the subways after Hurricane Sandy. He says that makes him the most qualified candidate to keep New York City from reverting to the days of crime and dysfunction.
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Remarks of U.S.
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New York City Comptroller John Liu stood in a Chinatown banquet hall last week surrounded by hundreds of guests who paid $100 each to celebrate his 46th birthday. There were platters of noodles, balloons and enough American flag-themed cake to feed the entire room.
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Former New York Mayor Edward I. Koch, who died this week at 88, exemplified two extremes of budget politics in America’s largest city. When he was elected mayor in 1977, New York was teetering on the brink of bankruptcy. Standing up to municipal unions and other interest groups, he helped bring about a remarkable recovery. And once the budget was balanced and the revenue was rolling in again, he spent it.
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New York University will create an applied sciences campus in Brooklyn after becoming the second winner in a contest sponsored by Mayor Michael Bloomberg to boost New York’s global competitiveness in the sciences.
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Knight Capital Group Inc., the market maker that was driven to the verge of bankruptcy after a trading error, said last week’s mishap may cause more losses.
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Shelbyzyme LLC, the owner of a patent used to treat organ-destroying Fabry disease, won $50 million from Genzyme Corp. after a jury trial.
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Mitt Romney says the U.S. can be “the best place in the world to be middle class again” and points to his hand in founding companies such as Staples Inc. and The Sports Authority Inc. to show he can create jobs to get people there.
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NBC Olympics President Gary Zenkel, announcing plans this month to work with Twitter Inc. on coverage of the games, said the “conversation on Twitter will rage” around athletes and competition in London.
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