New Rochelle News
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Beam Inc., the U.S. maker of Jim Beam, Canadian Club and Maker’s Mark, was sued for $100 million by an importer that claims Beam and its Cooley Distillery unit broke a contract to supply it with Michael Collins Irish Whiskey.
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New Rochelle, New York , had its general-obligation debt rating lowered one level to Aa3, the fourth-highest investment grade, by Moody’s Investors Service after declining tax revenue drained reserves.
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Al Weiner’s stake in New York’s Empire State Building came to him by way of his grandfather’s death in a 1950 train crash in Richmond Hill, Queens. His grandmother sued the Long Island Rail Road, and her lawyer was Lawrence Wien, a family friend.
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John F. Eckstein III, one of the first traders of Treasury bill futures contracts following their debut in 1976 and a pioneer of cash-futures arbitrage trading in the U.S. government bond market, has died. He was 74.
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Bids to build a new Tappan Zee Bridge over the Hudson River don’t top the estimated $5.2 billion cost, according to Brian Conybeare, a special adviser to New York Governor Andrew Cuomo.
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An anemic offense cost the New York Yankees a chance at the World Series. It cost Steiner Sports Marketing Inc. at least $1 million in revenue, the company’s chief executive officer said.
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James Glickenhaus hits the gas pedal of his custom-built, 650-horsepower Ferrari P4/5 by Pininfarina while making a right at an intersection in Bedford, New York. He cuts off an oncoming Volvo that’s turning left, and the driver beeps his horn in irritation.
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The following are results from Investors Intelligence’s analysis of investment newsletters for Feb. 8 through yesterday. The New Rochelle, New York-based firm determines the proportion of writers who are bullish and bearish on U.S. stocks, as well as the percentage who anticipate a correction, or 10 percent decline, in the market.
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Iona College of New York has a chance to become this year’s Virginia Commonwealth after getting one of the last two invitations to the national men’s college basketball tournament.
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The 12 percent rally in the Standard & Poor’s 500 Index since November has pushed optimism to a level last seen when the U.S. stock market began its biggest retreat since 2009.
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