Consolidated Edison Inc. was sued by retail natural-gas suppliers seeking to block the utility from passing on costs they claim stem from the company’s bad predictions for gas demand last winter, the coldest in 30 years.
Automakers love concept cars and, as per usual, you’ll find an oddity or two at this week’s New York International Auto Show. Of those concept vehicles, few are unlikely to ever get off, or rather on, the ground.
The National Hockey League was sued by an insurer seeking to limit its duty to defend the league in lawsuits alleging it concealed the long-term effects of concussions and failed to warn players of the risks.
Aon Plc was sued by the Port Authority of New York and New Jersey which claims the insurance broker kept unauthorized commissions and failed to return premium overpayments, causing the agency to pay millions of dollars more than it should have.
New York Mayor Bill de Blasio, marking his 100th day in office, embraced the legislature’s funding of statewide universal pre-kindergarten as his own victory and promised more programs to redress inequality between rich and poor.
High-frequency trading firm Teza Technologies LLC, whose founder Mikhail “Misha” Malyshev says he made more than $1 billion for Citadel LLC in 2008, is considering whether to also start managing money for outside investors, according to three people with knowledge of the plans.
In New York, 69 percent of the population rents and the remaining 31 percent are homeowners. And in the past year the New York real estate market has seen an 9.2 percent increase in value, with a median sales price of $593,300, according to Zillow.