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Qatar plans $35B investment in US market

The Qatar Investment Authority (QIA), the Doha-based sovereign wealth fund of the world's richest nation by per capita income manages over $300 billion, has opened its office in New York and earmarked $35-billion investment over next five years in the US business opportunity.

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Hawaii leads most expensive states in US; New York slips to 3rd position

The latest rankings on most expensive states in the US reveal that New York is no more the most expensive place in America. The Aloha State (Hawaii became Aloha State officially by 1959 Legislative Act) moved up to the top position in the list of most expensive state in the US for first quarter of 2015 from second most expensive state status in 2014.

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New York Manufacturing Index shrinks to -14.92 level; its lowest since 2009

A steep plunge in both new orders and shipments sent manufacturing activity in New York state tumbling down to its lowest level since 2009. This was the revelation showed by a survey conducted by the New York Federal Reserve.

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New Yorkers not ok with $4B La Guardia Airport renovation

Ambitious as it may seem, New Yorkers are not impressed with Governor Andrew Cuomo's plan to redesign the city's battered and poorly-maintained La Guardia Airport.

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New York moves to raise state minimum wage to $15 for fast-food workers

New York moved on Wednesday to raise the minimum wage for fast-food workers to $15 an hour by the end of 2018 in New York City and by mid-2021 in the rest of the state.

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Met Gala 2015 Best Dressed: Rita Ora, J.Lo, Kardashian, Amal Clooney, dress bares all; Who followed the Chinese theme on the red carpet?

Many celebrities have been head turners during the Met Gala 2015 making them one of the best dressed. Men celebrities also stole the night while only a number followed the China theme.

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New York's governor outlines $142 billion state budget, caps spending

New York's Governor Andrew Cuomo announced a $142 billion state budget on Wednesday that keeps spending growth below 2 percent and promises more money for big-ticket infrastructure projects while cutting property taxes.

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Britain's fashion pack targets tech-savvy men to lift sales

Britain's leading fashion brands are hoping to give menswear sales a lift by targeting younger, digitally savvy male shoppers with live streaming and social media to promote the twice-yearly mens fashion week that began on Friday.

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Shake Shack IPO filing comes amid a hunger for premium burgers

Shake Shack Inc's filing this week for an initial public offering underscores a question for investors and foodies alike: How hungry are U.S. consumers for another burger chain?

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U.S. jobless claims rise, but labor market still firming

The number of Americans filing new claims for jobless benefits rose more than expected last week, but the trend remained consistent with sustained strength in the labor market.

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'Shimmering' Cezanne to heat up art auction, Christie's say

A "shimmering" Paul Cezanne painting of the Mediterranean with a castle in the background is expected to attract the big-money buyers at a February auction that includes works by Modigliani, Giacometti and Picasso, Christie's said on Wednesday.

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Last U.S. holiday shopping weekend off to solid start

Shoppers filled up malls and department stores on the last weekend before Christmas, as the weather cooperated to help raise the prospect of a solid finish to a holiday season that has so far produced mixed results.

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New York bans fracking after health report

New York state will ban hydraulic fracturing after a long-awaited report concluded that the oil and gas extraction method poses health risks, Governor Andrew Cuomo's administration said on Wednesday.

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Diverse allies rally for Microsoft in overseas data fight

Corporate lobbyists, news organizations and academics joined forces with Microsoft Corp on Monday in the software company's legal battle with the U.S. government over access to customer data stored overseas.

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Online buyer nets Christie's top lot for $2.8 million at India auction

An online buyer from New York overcame spirited bidding to grab a painting by modern Indian artist Tyeb Mehta for $2.8 million at a Christie's auction in Mumbai, highlighting global interest in the finest works of Indian art.

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