Despite Bad News, Subway Chief Hopes to Hold Line on Fare
The subway fare is scheduled to rise 7.5 percent next year and another 7.5 percent in 2013, but a larger or earlier increase is not out of the question.
Acquitted in a Police Abuse Trial, but Still Under a Legal Cloud
Officers Richard Kern, Alex Cruz and Andrew Morales face Internal Affairs and federal investigations into their treatment of Michael Mineo, as well as Mr. Mineo’s civil rights lawsuit.
Testing Company Officials Guilty on Top Count
Two executives of Testwell Laboratories, once New York’s top concrete testing company, were convicted of enterprise corruption in connection with the falsification of tests.
S.E.C. Restricts Short-Selling and Addresses a Global Accounting Shift
The agency, in a divided vote, would bar short sales in a stock that fell at least 10 percent in the trading day.
Hedge Fund Manager Pleads Guilty to Securities Fraud
Prosecutors said Arthur Nadel managed funds that took in $392 million from investors but lost $162 million in bad stock and real estate deals.
Reuters Breakingviews: Today’s Reversal vs. Dot-Com Bust
Even with the collapses of Bear Stearns and Lehman Brothers, the finance industry laid off fewer people than it did after the dot-com crash.
Swiss to Submit Revised UBS Tax Deal to Parliament
The Swiss government also said it was billing the bank $925,000 to cover some of its costs in negotiating the deal with the U.S. authorities.
Carlyle Group Forms Partnership With Chinese Conglomerate
The deal is Carlyle’s latest push into the fastest-growing major economy and an indication of the larger role Chinese companies are seeking in global deal-making.
China Tells Banks to Restrict Loans to Local Governments
It was the latest move by the Chinese authorities to slow bank lending in a bid to head off inflation and limit the risks of potential loan defaults.
Profit Soars at Washington Post Company
The media company said its cable television and Kaplan education services businesses, which account for nearly three-quarters of the company’s revenue, continued to grow.
Selma G. Hirsh, Humanitarian, Dies at 92
A longtime executive of the American Jewish Committee, Ms. Hirsh also co-wrote a history of the organization.
Bernanke Expects Extended Low Rates
Ben S. Bernanke did not change his outlook on the economy, but he did announce two significant steps to improve accountability of the Fed.
Rescue Teams Continue Search After Indonesia Mudslide
Local villagers and government rescue teams searched Wednesday for workers on a tea plantation who were buried by a mudslide estimated to be 35 feet deep.
Mother Is Charged in Death of Manhattanville Student
Marissa Pagli, a freshman at Manhattanville College, was strangled by her mother, who then tried to kill herself, the police said.
Deal on Payment for Removal of Deutsche Bank Building
Two insurers agreed to pay a total of $102 million toward the $300 million cost of deconstructing the 41-story tower.
Lottery Numbers
Lottery numbers for Feb. 24, 2010.
G.M. to Close Hummer After Sale Fails
A deal to sell Hummer stalled as the companies awaited approval from the Chinese government.
E.U. Body Sees Strategic Reasons to Encourage Iceland
Eyeing a new, important gateway to the Arctic, the European Union’s executive body encouraged Iceland’s application to become a member despite disputes over liabilities from a failed Icelandic bank.
Hyundai to Recall Some 2011 Sonatas
Hyundai announced it was issuing a global recall of its Sonata, including 1,300 cars in the United States.
Fredette Leads No. 13 BYU Past San Diego State
PROVO, Utah (AP) -- Jimmer Fredette scored 26 points and Jackson Emery added 18 as No. 13 BYU beat San Diego State 82-68 on Wednesday night to move within a half-game of first place in the Mountain West Conference.
