AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
A newsweekly providing business news, analysis and commentary on all aspects of business for the metropolitan New York area.
Set up an RSS feed
Create a link to this page
Copy and paste this link tag into your Web page or blog:
The Best of Bob Lape.(Asian-themed restaurants )(Restaurant review)(Brief article)
May 1, 2006... Following are Asian-themed restaurants that were reviewed recently by Bob Lape.
Bengal Tiger (3 stars)
144 East Post Road (between Court Street and Mamaroneck Avenue), White Plains. (914) 948-5191. Simson Kalathara's 30-year romance...
New Chinese reheats the old; Philippe features venerable staff, but food is hit-or-miss in gloom and noise.(Business Lives)(Restaurant review)
May 1, 2006... Byline: bob lape
There are two noodle-making demonstrations each evening at Philippe, a new contemporary Chinese restaurant on the Upper East Side. New, that is, unless guests are familiar with the venerable Mr. Chow, which not only...
Past & Future.(In the Markets)
May 1, 2006... The cooling residential mortgage market is taking a bite out of Moody's and Standard & Poor's, a unit of McGraw-Hill. Moody's reported quarterly revenues last week that fell well short of analysts' estimates--a result of rising interest rates,...
Biometric systems replace the lost card key; Programs still controversial, but gaining acceptance.(Security Report)
May 1, 2006... Byline: Michael Sisk
When members of Equinox's exclusive fitness club in the Time Warner Center want to enter, they peer into a circular device on the wall. A sexy, English-accented female voice lets them know if they're standing too close...
More muscle needed when stars' power grows; Security firms get busier as executives, celebrities call on them for services.
May 1, 2006... Byline: Judith Messina
Liza Minnelli wants to hit the powder room before heading to a party after the premiere of her reissued Emmy-winning television show, Liza With a Z. It's a simple request--but a minor crisis for the security detail...
WTC deal doesn't allay fears; Public sees Freedom Tower as painful memory, easy target.(Security Report)
May 1, 2006... Byline: Elizabeth Macbride
The security measures called for in the Freedom Tower are unprecedented in New York City. The structure's base is to be a 200-foot-high steel-and-concrete bunker. The building, which is the planned centerpiece of...
Weak spots abound in NY, despite threat of attack; Transportation hubs, bridges need to be protected; shoring-up efforts under way.(Security Report)
May 1, 2006... Byline: Erik Engquist
Former police commissioner Howard Safir turned to a companion as they approached a midtown office building recently and said, "Wait until you see the security system here.'' Following the posted instructions at the...
KEEPING GUARDS.(security measures at office buildings )(Brief article)
May 1, 2006... Some security measures at office buildings are more illusion than reality. For instance, asking visitors to show photo identification is nearly pointless. Security officers themselves may be the Achilles' heel of office buildings, consultants...
Parking fines du jour; Guerrilla ticketing of patrons eats into restaurant biz.(News)
May 1, 2006... Byline: Lisa Fickenscher
New york drivers know all too well that the city has been lining its coffers with parking ticket revenues for the past few years. Now, a growing number of restaurant owners from Brooklyn, Queens and the Bronx say...
Air delays to snarl NY airports; Summer travel surge will mean slowdowns; agencies, airlines begin long-term fixes.(New York)
May 1, 2006... Byline: Tommy Fernandez
Many new yorkers still remember the endless hours they spent at area airports in the summer of 2000--the worst on record for air traffic delays.
This summer is shaping up to be even worse.
Three years of...
What's the best SPF level?(Sun Protection Factor)(Brief article)
May 1, 2006... Even though it's better than applying nothing, stay away from sunscreen below SPF 30--especially if you're swimming or sweating. Ingredients are more important than SPF level. Look for sunscreens that have titanium dioxide, zinc oxide and...
New York, New York.(Briefs)(Mariano Rivera and his new restaurant Mo's New York Grill )
May 1, 2006... Byline: edited by Valerie Block
Rivera pitches new steakhouse
Mariano rivera may be able to take his mind off the Yankees' stumbling start to the season with his new restaurant. Mo's New York Grill is set to open this spring in the ace...
Crazy about classical; Young fans of opera and symphony risk disdain.(Business Lives)
May 1, 2006... Byline: MIRIAM KREININ SOUCCAR
Rachel antman despised classical music and opera when she was a little girl, mostly because her parents loved it so much.
They made Ms. Antman and her sister listen to symphonies nonstop on long car...
Suozzi on the ropes; Trailing badly in the polls, Democratic gubernatorial hopeful changes tactics.(News)
May 1, 2006... Byline: Anne Michaud
Thomas Suozzi almost has it all: good hair and a handsome family, a history of electoral upsets and of wrestling deficit budgets into balance, a common touch and a comic's timing.
The one thing that he may not have...
St. Joseph's site plan is imminent; Queens developer to announce details soon; Brooklyn effort to vary retail mix.(Neighborhood Journal)(Galway Properties buys sites and has further plannings)(Gabrielle Lowe plans for growth)
May 1, 2006... Local officials and residents in Flushing, Queens, will soon learn the fate of the site of the former St. Joseph's Hospital.
Saint Vincent Catholic Medical Centers closed the hospital--located between Parsons Boulevard and 160th Street, and...
Arts picture is looking bright.(News)(Brief article)
May 1, 2006... Byline: miriam kreinin souccar
New york city's cultural leaders are more optimistic about attendance, fund raising and the overall health of their organizations this year than they've been since 1999. The executives whom DHR International...
CORO SEEKS rising execs; leadership.(Business Lives)
May 1, 2006... The Coro New York Leadership Center is accepting applications from the business community for the Leadership New York program. It seeks midcareer professionals who are committed to strengthening New York City.
Participants will meet with...
Executive Moves.(advertising and communications)
May 1, 2006... Byline: adrianne pasquarelli
accounting & consulting
FTI Consulting Inc.: Adam I. Cohen, 37, joined the technology practice as senior managing director. He was formerly a partner at Weil Gotshal & Manges.
advertising &...
The Weeks Ahead.(Calendar)(Calendar)
May 1, 2006... Byline: adrianne pasquarelli
this week's events
may 2
Association of Real Estate Women holds lunch program on New York City economic development initiatives. 11:30 a.m. to 2:00 p.m., Club 101, 101 Park Ave. Fee: free for members;...
Branding the leather; New CEO at Andrew Marc to spearhead expansion as luxury competition soars.(Business Lives)(Charles Jayson is the new chief executive officer)
May 1, 2006... Byline: Elisabeth Butler
For seven years, Charles Jayson traveled the world managing several brands for an international fashion house, splitting his time between Asia, Europe and the United States.
Mr. Jayson put away his suitcase...
Radiohead.(Business Lives)(Amy Eddings from WNYC)(Brief article)
May 1, 2006... Byline: aaron elstein
Amy Eddings, 42, is the local host of All Things Considered on WNYC. She earns $78,000 a year for reading the news, doing interviews and promoting programming.
Back story An Ohio native, Ms. Eddings moved to New...
Aon heads back downtown; Displaced firm signs for Water St.; leasing activity picking up.(News)
May 1, 2006... Byline: Julie Satow
A major world trade center tenant that relocated to midtown after the terrorist attacks is returning to lower Manhattan.
Aon Corp., which had occupied 400,000 square feet in the south tower, is moving its entire New...
DIFFERENT STROKES.(Business Lives)(Rachel Antman and classical music passion)(Brief article)
May 1, 2006... Despite parents' best efforts to turn their kids into classical music fans, some offspring fail to get on board.
Although Rachel Antman fell in love with her parents' passion, her sister loathes classical music and opera. Whenever Ms....
Bad ear for listeners; CBS Radio watches FM stations flounder; unproven solutions hurt in post-Stern era.(News)
May 1, 2006... Byline: Matthew Flamm
Maybe broadcasting a couple supposedly having sex in St. Patrick's Cathedral isn't a bad career move, after all.
Four years after getting axed for that stunt, Opie and Anthony are back at CBS Radio in the...
All indicators point up for Arrow Electronics; Slashed debt, Asian market promise more earnings growth.(In the Markets)
May 1, 2006... Byline: Aaron Elstein
As far as investors in Arrow Electronics Inc. are concerned, management has hit bull's-eyes for three years running.
The Melville, L.I.-based company--one of the nation's leading distributors of semiconductors and...
Union targets Hilton as face-off looms; Strike possible over hotels' record; a smokescreen?(News)
May 1, 2006... Byline: Lisa Fickenscher
The hotel workers union says Hilton hotels in New York routinely underpay their employees and are cavalier about job safety.
Hilton executives dismiss the claims as a smokescreen and say the union merely wants...
Shared Wi-Fi catching a wave; New, low-cost technology draws subscribers; legal issues anticipated.(News)
May 1, 2006... Byline: Amanda Fung
Lucas magasweran had a problem. He needed to scour online help-wanted listings and frequently check his e-mail, but he was rarely home to use his high-speed Internet connection because he was out all day on job...
At Deadline.(Late News)(Microsoft Corp acquires Massive Inc)(Simon Jacobs joins Hale & Hearty Soups)(William Laraia joins UCBH Holdings )
May 1, 2006... An expansion of the tax credit for film and TV production in New York, and a new credit for commercials, will go into effect after all. The state budget office says that Gov. George Pataki won't challenge the Legislature's override of his veto....
2 firms tap founders' urban roots; Use their street cred to help U.S. Army, MTV, others reach inner-city audiences.(Small Business)
May 1, 2006... Byline: Steve Garmhausen
In their quest to sell young urban consumers everything from clothing to music to two-year stints in the armed forces, a growing bevy of advertisers are tapping the street cred of two entrepreneurs from deep within...
DO YOU BELIEVE UNITED 93 IS APPROPRIATE? CRAIN'S ONLINE POLL.(In the Markets)(Survey)(Brief article)
May 1, 2006... Almost 75% of New Yorkers believe United 93, the first major feature film about the Sept. 11 tragedy, should be shown. Most people think moviegoers can make their own choices, and a quarter of the 494 respondents to a poll on...
Financial firms' midtown transaction; 2 sign for offices at 1350 Sixth Ave.; Dutch retailer takes SoHo space.(Real Estate)(Highbridge Capital Management and Schoenfeld Asset Management)
May 1, 2006... Two financial services firms are moving into a Sixth Avenue building that has traditionally catered to apparel companies. Highbridge Capital Management, a hedge fund that handles more than $6 billion, and Schoenfeld Asset Management, which...
Band-Aid solutions on taxes.(Viewpoint)
May 1, 2006... At long last, New York state's absurdly high tax burden is coming into the political spotlight. Comptroller Alan Hevesi has issued a report that details soaring property taxes, and gubernatorial candidates have promised to act on behalf of...
Corrections.
May 1, 2006... Seth Siegel is the co-founder of The Beanstalk Group. His name was misstated in the April 24 story on American Idol.
The Insider.(Briefs)(Nicholas Spano and his activities)(nyc & company and its hotel rooms bookings)(Service Employees International Union's political campaign)
May 1, 2006... Byline: Erik Engquist and Anne Michaud
Problems being a chameleon
Republican state sen. Nicholas Spano (below) must be wondering when enough is enough. The once-conservative state senator is rushing to recast himself as a liberal as he...
GOVERNOR'S RACE The jockeying.(Briefs)(Political campaigns)(Brief article)
May 1, 2006... Republican gubernatorial hopeful John Faso (below) is doing well enough among likely voters at the state party convention next month to force a September primary, says a source close to his campaign. The former assemblyman from Kinderhook has...
Hot Jobs.(Business Lives)(recruitment at eSpeed Inc.)(Brief article)
May 1, 2006... Byline: amanda fung
WANTED: Chief financial officer
COMPANY eSpeed Inc.
JOB DESCRIPTION Oversee the financial and accounting operations of the firm, a Cantor Fitzgerald subsidiary
MOST IMPORTANT TASKS Staying on top of...
The old cliches put city on a roll.(Viewpoint)(economy)
May 1, 2006... Byline: Greg David
A little over a year ago, Crain's looked into the reason why Wall Street employment seemed stuck at 160,000, where it had bottomed out during the recession. It's all about technology, the experts said. Despite the...
SEEKING TOP SMALL BUSINESSES; crain's AWARDS.(News)
May 1, 2006... Crain's is seeking nominations for its Small Business Awards. The six winners will be recognized for growing their businesses and contributing to their communities. Firms must be for-profits that have been in business for at least three years....
Coming attractions on Staten Island; First film festival ready to roll; effort to help new home buyers in Bronx.
May 8, 2006... The staten island film festival, conceived 18 months ago at a meeting of borough economic development leaders, will become a reality next month--and the borough is buzzing.
Tickets to the first of 113 flicks will be ripped on June 1,...
THE COST OF SAVINGS.(health insurance saves money )(Brief article)
May 8, 2006... Rationing health insurance saves money in the short term, but it can create a host of costly problems, from diminished staff morale and health to difficulties in recruiting and retaining the best employees.
People without insurance often...
BARGAIN ALTERNATIVES.(eral stripped-down types of insurance)
May 8, 2006... For companies that are determined not to abandon or ration coverage, several stripped-down types of insurance are available.
HEALTHY NY offers a package of basic benefits subsidized by the state of New York. Employers sign up with any...
Premium seats a B'way jackpot; Theatergoers shell out $300 for best seats; some longtime patrons say they've had it.(family of Tyler Marciniak)
May 8, 2006... Byline: Miriam Kreinin Souccar
When his parents come to town next weekend, Tyler Marciniak will have a surprise for them: He's taking them to see the Broadway hit Wicked to celebrate Mother's Day. But he won't mention that he shelled out...
Venture investments inch ahead.(News)
May 8, 2006... Venture capital investment in the New York area posted an uptick in the first quarter of 2006, when $348 million was poured into 58 separate deals--up from $311 million in 37 transactions during the same period a year ago. The dollar volume and...
AIG regroups in downtown space; Insurance company returning to Water St.; clothing retailer sews up 2 new sites.(services of American International Group Inc)
May 8, 2006... American International Group Inc. is returning to a downtown building that it left following the Sept. 11 terrorist attacks.
Three years ago, AIG walked away from 410,000 square feet of 480,000 square feet that it leased at 160 Water St.,...
Leagues of their own; Corporate rivalries play out on softball fields.(softball game competitions)
May 8, 2006... Byline: JULIE SATOW
Gregory zuckerman warms up for the big game by stretching his legs and tossing a softball. Danny Danko prefers to take a hit from a bong.
The two men are competitors in one of the toughest springtime rivalries: the...
Reluctant firms ration insurance; Cost-burdened employers limit who gets health coverage and when; equity vs. expedience.(New York area employers)
May 8, 2006... Byline: Fran Hawthorne
Each year, Cecilia Pineda Feret has checked her numbers and then run her calculations to see if she could afford to provide health insurance to the kitchen staff at Brasserie Julien and Allure Catering, the Upper...
Answer on immigrants is clear.(immigrants play key roles, especially in the construction, child care, and restaurant and tourism sectors)
May 8, 2006... Last week, immigrants marched in New York and around the country to demand respect. At a time when many members of Congress are pushing punitive legislation aimed at immigrants, the demonstrators wanted to show their importance to the country....
Desperate already for the next Mike.(New York City's mayoral contest )
May 8, 2006... Byline: Alair Townsend
Let the games begin!
Thanks to Mayor Bloomberg, the blood sport that is New York City's mayoral contest has begun, only four months into his second and final term. He recently declared that Dick Parsons, head of...
New York, New York.(management of restaurants)(management of Blue Star Jets)(acquisitions)
May 8, 2006... Byline: edited by Valerie Block
Colors' winter shades of gray
Colors restaurant is running in the red. The four-month-old eatery started by former workers of Windows on the World lost money in February and March, mostly because of its...
UP IN FUMES Pols and gas prices.(price-fixing among oil companies)(Brief article)
May 8, 2006... Pundits call it the silly season, when desperation sets in among politicians looking for votes. Last week, rising gas prices fueled the flames in New York as well as in Washington.
Congressman John Sweeney, R-Glens Falls, asked the federal...
HITTING DOUBLES.(reports of baseball games)(Brief article)
May 8, 2006... Romance on the baseball diamond doesn't always lead to more playing time, as some married couples have learned.
The Airborn team--which is not affiliated with a company--has two married couples on the roster, but Jorge Benitez, the team...
Troubled JetBlue faces union threat; Ramp service group to vote soon; could alter discount model.
May 8, 2006... Byline: Tommy Fernandez
Jetblue airways, already fighting to regain profitability, is about to do battle with organized labor.
The 3,000 ramp workers at the six-year-old airline, which has been able to avoid union contracts until now,...
The Insider.(Hilton Hotels Corp. hires Michael McKeon)
May 8, 2006... Byline: Erik Engquist and Anne Michaud
Mayor to get back to land (use)
With a good-news budget behind him, Mayor Michael Bloomberg (above) isn't going to rest on his laurels.
Insiders say to watch for a major speech by the mayor...
Old-school banker faces testing times.(management of banking industry)
May 8, 2006... Byline: Tom Fredrickson
Daring lending style builds Intervest, poses risks
on the fourth floor of 1 Rockefeller Center, Jerry Dansker is, as always, on the phone. Seated in his commodious corner office, he asks eight to 10 crucial...
Past & Future.(sales and earnings)(Brief article)
May 8, 2006... Shares of The Children's Place have nearly doubled since last fall and closed Friday at $65.24. The company, which operates kids clothing stores and the Disney Store chain, said last week that same-store sales soared 22% in April, enough for it...
Cardiac care goes local; Community hospitals offer lower-cost angioplasty in test program; higher risk?
May 8, 2006... Byline: Gale Scott
Get ready for "drive-in'' angioplasty.
With little fanfare, the state Department of Health has taken the first steps toward launching a controversial pilot program that would allow doctors to perform the delicate...
Banks hold on to float; Slow move to digital check format leaves customers waiting days for fund access.(management of bankings)
May 8, 2006... Byline: Tom Fredrickson
When even bankers begin griping about how long it takes to get access to their check deposits, the situation has clearly reached a low point.
Charles Antonucci, chief executive of Manhattan-based Park Avenue...
Waterfront deals boom in landgrab; Despite fire, prices soar as construction picks up; skeptics doubt demand.(facilities of real estate industry)
May 8, 2006... Byline: Julie Satow
Last week's 10-alarm fire in Greenpoint destroyed a historic former industrial complex and left a planned 2.6 million-square-foot condominium complex in limbo. But even as that 14-acre site lies in cinders, developers...
Urban radio hit-maker; In a tight market, Power 105.1's music director aims to keep listeners happy.
May 8, 2006... Byline: Samantha Marshall
Nadine santos was on the hunt for the latest tracks at Manhattan hot spot Butter when she bumped into hip-hop artist Fat Joe. The two Puerto Ricans knew each other professionally, but when the DJ played a song by...
At Deadline.(contracts)
May 8, 2006... Councilman James Oddo has come out against the International Speedway Corp.'s proposed Nascar track on Staten Island. He also may bypass a race for state Senate to remain in the council, where he would be ideally positioned to kill the Nascar...
Citi's Manhattan transfer; Financial giant eyes New Jersey space; 1,500 workers would leave downtown NY.(contracts)(Brief article)
May 8, 2006... Byline: Julie Satow
Citigroup inc. is negotiating a lease that would shift more than 1,500 workers from lower Manhattan to Jersey City.
The financial services giant is selling the 363,000-square-foot office tower at 250 West St. that...
REPRINTS OF CRAIN STORIES AVAILABLE; reprint, post published articles.
May 8, 2006... Crain's New York Business offers reprints of the articles it publishes. The reprints can include any photographs that appear with the published stories.
To obtain an estimate of the price and the turnaround time for a reprint, please...
The Weeks Ahead.(Calendar/Datebook)(Calendar)
May 8, 2006... Byline: adrianne pasquarelli
this week's events
may 9
Crain's New York Business holds networking breakfast and program with John Faso, Republican candidate for governor. 8:00 a.m. to 9:30 a.m., Grand Hyatt, East 42nd Street and...
Executive Moves.(appointments)
May 8, 2006... Byline: adrianne pasquarelli
accounting & consulting
Alvarez & Marsal: Kerri Palen, 35, joined as senior director. She had been a senior manager at Deloitte.
Avenue A | Razorfish: Karen McGrane, 34, was promoted to vice president...
SEEKING TOP ENTREPRENEURIAL FIRMS; crain's SMALL BUSINESS AWARDS.(annual Small Business Awards)(Brief article)
May 8, 2006... Crain's New York Business seeks nominations for its 11th annual Small Business Awards. The six winners will have distinguished themselves by showing a pattern of growth and by contributing to the quality of life in their communities.
Firms...
Digital downloads play well for Warner Music; Once written off, company bounces back; deal possible.
May 8, 2006... Byline: Tom Fredrickson
Last week, Warner Music Group Corp.'s board unanimously rejected a $4.2 billion buyout offer from British recording company EMI Group.
The board was right, and investors should take heed. This stock is worth...
WHAT SHOULD THE CITY DO FOR TAXI DRIVERS? CRAIN'S ONLINE POLL.(public opinion of fuels)(Brief article)
May 8, 2006... Nearly 50% of readers believe that New York should impose fuel surcharges on rides to help defray cabbies' rising gas prices, saying it's the fair thing to do. But nearly 40% of the 365 respondents to a poll on NewYorkBusiness.com think cabs...
Quality Meats lives up to name; Stillmans open what could be the best steakhouse in NYC; dessert's easy as pie.(New York City)(Restaurant review)
May 8, 2006... Byline: bob lape
Talk about turning a place on its ear. Quality Meats succeeds Manhattan Ocean Club, and what a success it is. Though the spot remains part of the Stillman family empire, it's not Alan but his 26-year-old son Michael who's...
Generous offer is tough sell; Company uses no-fee bill-cutting pitch to turn on clients.(ConsumerPowerline)
May 8, 2006... Byline: Stan Luxenberg
Dozens of top New York companies once dismissed Michael Gordon as a crackpot, with good reason. Six years ago, he began cold-calling them with an outlandish offer: He would save them big bucks on their power bills...
How to head off inside heists; Employee screening, vigilance prove key.(employee thefts)
May 8, 2006... Byline: Tina Traster
Faced with employees stealing an estimated $50,000 worth of merchandise every year from its string of 11 jewelry and pawn shops, Manhattan-based Gem Pawnbrokers Inc. got serious. The firm created a SWAT team. Since the...
Taking green route to profit; As awareness grows, business mushrooms; high prices a damper.(Small Business Report)
May 8, 2006... Byline: Steve Garmhausen
When harvard university ordered 72 desks and matching dressers for one of its dormitories last year, the school stipulated that instead of furniture made from slow-growing hardwoods, it wanted pieces constructed...
Online software promises big savings, at a price.
May 8, 2006... Byline: Rachael King
Costly programs cheaper on web, but risks turn some firms off
as the founder of a fledgling high-end wine importer in Manhattan, John Hunt knew that meticulous customer service would be critical to his success.
...
Growth Tales: Brooklyn brewery spilling over.(Sixpoint Craft Ales, SharedBook Inc.)
May 8, 2006... Byline: Lisa Goff
Obviously, no small business owner wants to fail. But in New York, some have come to dread success as well--if prosperity brings with it the need for more real estate.
That is definitely the quandary at Sixpoint Craft...
Outdoor Eats.(Terrace in the Sky)(Loulou)(Sweetwater)(Battery Gardens)(Restaurant review)
May 8, 2006... A spring evening is a perfect time to dine outdoors. Restaurant reviewer Bob Lape highlights a handful of alfresco stars, new and old, where the cuisine matches the ambience.
MANHATTAN
A VOCE, 41 Madison Ave. (enter on East 26th...
AFTER THE FACT.(fraud prevention)(Brief article)
May 8, 2006... Getting to the bottom of a fraud frequently takes specialists, either private investigation firms or forensic accountants. It is essential to find out what exactly went wrong and how great the damage was. Only then can firms make the delicate...
Hot Jobs.(Zingy appoints Andy Volanakis)(Brief article)
May 8, 2006... Byline: amanda fung
WANTED: chief executive
COMPANY Zingy Inc.
JOB DESCRIPTION Oversee the five-year-old Manhattan-based provider of licensed and original cell-phone ring tones and games
MOST IMPORTANT TASKS Increase business...
High flyer.(management of Analar Corp.)(Brief article)
May 15, 2006... Byline: samantha marshall
MICHAEL RENZ, 45, chief executive and president of and pilot for Analar Corp., which operates charter helicopters out of the East 34th Street Heliport. Pilots generally earn $60,000 to $100,000 a year.
Flight...
The best of Bob Lape.(Brief article)
May 15, 2006... Byline: bob lape
Following are other restaurants in or near the meatpacking district that were reviewed recently by Bob Lape.
Del Posto (4 stars)
85 10th Ave. (between 15th and 16th streets), Manhattan. (212) 497-8090. The whole...
Citigroup, Chase pressured to deal; Banks slip after Wachovia merger; vying for WaMu.
May 15, 2006... Byline: Tom Fredrickson
Last week's announcement of Wachovia Corp.'s planned $24 billion acquisition of Golden West Financial Corp. is ratcheting up pressure on Citigroup Inc. and J.P. Morgan Chase Inc. to respond with major acquisitions...
NBA scores big in China; Lucrative deals follow fan buildup; revenue to triple.(National Basketball Association)
May 15, 2006... Byline: Samantha Marshall
This week, a 52-foot truck covered in National Basketball Association logos and pictures of popular players will make its way south along the dusty highway from Wuhan, the hub of central China, to Changsha, an...
New York, New York.(news brief)
May 15, 2006... Byline: edited by Valerie Block
Mort's news runs in another paper
Daily news owner Mort Zuckerman made big news last week--in The New York Times.
The announcement that the real estate billionaire had pledged $100 million to...
Chilling foreign investment.(management of international investments)
May 15, 2006... The political pandering sparked by Dubai Ports World's planned takeover of the operation of five U.S. ports has subsided, but politicians are not done with the issue. Congress is considering legislation that could send a chill through foreign...
FASO ON TAXES Swipes rivals.(management of taxes)(Brief article)
May 15, 2006... Gubernatorial contender John Faso (below) laid out a broad tax-cutting agenda last week that is aimed at making New York state more business-friendly and at restraining its debt, a burden that now eats up $4 billion a year in interest payments....
The Insider.(facilities of convention centers)(verizon communications new appointments)(contracts of Time Warner Cable and Paul Weiss Rifkind Wharton and Garrison)
May 15, 2006... Byline: Erik Engquist and Anne Michaud
Crucial hearing for Javits expansion
More than 15 months ago, the state Legislature gave the go-ahead for a $1.2 billion expansion of the Jacob Javits Convention Center designed to transform it...