Adjustable-rate bonds issued for the New York Public Library had their credit rating raised one level to AA- from A+ by Standard & Poor’s, which cited the institution’s modest debt burden.
Amherst College President Anthony Marx will step down on June 30 to become president of the New York Public Library, giving him a broader opportunity to promote public education.
Bloomberg's Dominic Chu reports on the 2012 Manhattan Cocktail Classic held at the New York Public Library to spur interest in high-end cocktails. He spoke Tuesday on Bloomberg Television's "Bloomberg Rewind." (Source: Bloomberg)