HOUSTON -- A federal jury on Tuesday convicted international financier R. Allen Stanford on 13 of 14 charges of money laundering and fraud in a Ponzi scheme that lost billions of dollars for investors. The jury of eight men and four women found him not... »
Bp agreed late yesterday to settle lawsuits brought by more than 100,000 fishermen who lost work, cleanup workers who got sick and others who claimed the were harm in the oil giant’s 2010 Gulf of Mexico disaster, the worst offshore oil spill in the nat... »
While the equity markets and US economy slowly recover from the Great Recession, one of the country’s oldest private-equity firms is experiencing a tough stretch.Vestar Capital Partners, which in March 2011 led a headline-grabbing $5.3 billion buyout o... »
The city Landmarks Preservation Commission yesterday took emergency action to block a landlord from adding a rooftop pad to a 165-year-old building on a classic row-house block off Tompkins Square Park. Too bad the move came several hours after the cit... »
So, that’s where our tolls are going! The Port Authority yesterday released its $7 billion preliminary budget for 2012, which includes an 11 percent increase in operating revenues courtesy of the recent toll hikes. Some of the bigger-ticket items the c... »
