new york

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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Russia plans to sell Sovkomflot shares in New York

Russia hopes to place shares of shipping company Sovkomflot in New York as part of its privatization plans, a deputy minister of transport told reporters on Friday, a move which could face resistance due to confrontation with the West over Moscow's role in Ukraine.

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Miami’s billion-dollar art fair becomes platform for selling everything

Miami is readying for the 13th installment of Art Basel Miami Beach, among the world’ most important contemporary art fairs, a five-day extravaganza that has become a magnet for high-end real estate and luxury brands to align themselves with the artistic set to attract the world’s biggest spenders.

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Getty Museum sets record for Manet with $65.1 million purchase of 'Le Printemps'

French Impressionist painter Edouard Manet's "Le Printemps," which set a world record price for the artist when it sold at auction for $65.1 million at Christie's on Wednesday evening, will be going to the J. Paul Getty Museum in Los Angeles.

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Finding hidden gems in cities and countries with new apps

News apps are helping users share information about sights and hidden gems in cities and countries around the globe so other people can benefit from their knowledge.

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Australia's Cabcharge says rebuffs M&A talk from NY-listed FleetCor

Cabcharge Australia Ltd (CAB.AX), the country's only listed taxi payment company, said it had rebuffed an approach from FleetCor Technologies Inc (FLT.N) to buy its core payments business.

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JPMorgan seeks incentives to build new headquarters in Manhattan: NY Times

City and state officials are negotiating with JPMorgan Chase & Co (JPM.N) over a potential deal involving the bank building a vast $6.5 billion corporate campus with two high-rise towers in the new commercial district on the Far West Side of Manhattan, the New York Times reported.

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Goldman Sachs in talks to acquire ETF provider IndexIQ

Goldman Sachs Group (GS.N) is in discussions to acquire IndexIQ, a Rye Brook, New York-based exchange-traded fund provider, according to three sources familiar with the situation.

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Fiat Chrysler crowns merger with Wall Street debut

Fiat Chrysler Automobiles (FCA) makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's center of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne.

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Hilton to sell NY's Waldorf Astoria to Chinese firm

Hilton Worldwide Holdings Inc (HLT.N) said it would sell its flagship Waldorf Astoria New York hotel to a Chinese insurance company for $1.95 billion, one of the highest prices per room ever paid for a U.S. hotel.

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