Murray Hill News
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Alcatel-Lucent SA’s decade-old ties with carriers such as AT&T Inc. and Verizon Communications Inc. should help the unprofitable French network-equipment vendor fend off European rivals’ attacks looking to steal U.S. market share, according to its global sales chief.
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Big deal conductor Yannick Nezet- Seguin brings the Philadelphia Orchestra to Carnegie Hall tonight for Ravel’s Piano Concerto in G Major with Jean-Yves Thibaudet.
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C.R. Bard Inc., a maker of catheters, moved closer to collecting hundreds of millions of dollars as the U.S. Supreme Court refused to hear an appeal by W.L. Gore & Associates Inc. in a patent lawsuit over vascular grafts.
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Vornado Realty Trust , which controls 15.2 million square feet (1.4 million square meters) of New York office buildings, agreed to pay more than $150 million for a majority stake in a Park Avenue tower whose owner was seeking to restructure debt, two people with knowledge of the deal said.
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C.R. Bard Inc., a maker of catheters, moved closer to collecting hundreds of millions of dollars as the U.S. Supreme Court refused to hear an appeal by W.L. Gore & Associates Inc. in a patent lawsuit over vascular grafts.
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HSBC Holdings Plc’s proposed $62.5 million settlement with investors in an Irish fund that lost their money in Bernard Madoff’s Ponzi scheme was rejected by a U.S. judge.
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New York City mopped up and pumped out as it began restarting mass transit and restoring power to 656,000 homes and businesses knocked out by Sandy, the superstorm that killed at least 18 people in the five boroughs.
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Nokia Siemens Networks, trying to sustain nascent sales growth in the cut-throat phone-equipment industry, is targeting the U.S. market where Chinese rivals face political hurdles and rising data use entices carriers to spend.
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Whitman Capital LLC’s president was charged with taking part in two separate insider-trading conspiracies, using illegal tips on Google Inc., Polycom Inc. and Marvell Technology Group Ltd. to make more than $900,000 for the hedge fund.
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It was nearing Christmas in the Murray Hill, New Jersey, building of Bell Labs. Smoke from tobacco and soldering irons filled Walter Brattain’s room, 1E455, as engineers bent over calibration equipment. Their goal: to figure out how to pass a current through a tiny piece of silicon and move the electrons and holes within.
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