New York City News
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Updated 3 hours, 19 minutes ago
Bloomberg's Jon Erlichman reports on the impact of Yelp's reviews with comments from New York City restaurant owners on the good and bad of the site. He spoke yesterday on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
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Updated 1 hour, 23 minutes ago
Aereo Inc. will violate copyrights with its service for subscribers in New York City to watch broadcast television programs on personal computers and smartphones, television networks said.
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President Barack Obama said his Republican critics are “licking their chops” at the prospect of rising gasoline prices as higher energy costs threaten to crimp the economic recovery.
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D.E. Shaw & Co. and Brevan Howard Asset Management LLP each will get $350 million from New York City’s police, fire and civil-employee pensions as the retirement plans expand into hedge funds.
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New York state taxpayers might end up paying for infrastructure and transportation improvements to support a proposed privately financed convention center and casino in Queens, a representative of the developer said.
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The latest bid by New York City to halt the use of public schools for worship was rejected by a federal appeals court that said the harm suffered by the city was outweighed by the fact that the practice has been in effect for almost a decade.
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New York City Mayor Michael Bloomberg led a group of local officials to Albany today to tell lawmakers that if they don’t change the state pension system, it will lead to job cuts.
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Democrat Bob Kerrey, a former Nebraska senator and governor, said he will run for the state’s open U.S. Senate seat, boosting his party’s chances of winning it and retaining control of the chamber in this fall’s election.
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The following is the text of the Federal Reserve Board’s Second District-- New York.
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Wall Street’s cash bonus pool fell by 14 percent last year to $19.7 billion, the lowest since 2008, as the securities industry shed thousands of jobs, according to projections by New York state Comptroller Thomas DiNapoli.
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