Robinson Cano headed to the Seattle Mariners for about $240 million over the next 10 seasons, exiting New York after the Yankees declined to boost their contract offer of seven years and approximately $170 million.
The U.S. Securities and Exchange Commission is weighing whether proxy advisers have grown so influential in corporate elections that regulators should impose rules to make their business more transparent.
Over the past few years, many nations have adopted policies that promise to improve people’s lives while preserving their freedom of choice. These approaches, informed by behavioral economics, are sometimes called nudges.
Tickets for tonight’s game between the New York Knicks and Brooklyn Nets are selling for less than half what they cost before the season, as the one-time playoff contenders have fallen to a combined 8-26 record.
New York’s Metro-North Railroad is shut down along the Hudson River after a train derailment caused the first passenger fatalities in the line’s 30-year history, renewing scrutiny of safety on one of the city’s major mass- transit arteries.
To preserve competition in the rental car business when No. 2 Hertz wanted to buy No. 4 Dollar Thrifty, U.S. regulators had a fix. Industry veteran Sandy Miller warned them it would blow up. He was right.