Money Manager Alberto Vilar Slapped with 9 Years Imprisonment
A New York based money manager, Alberto Vilar, who was convicted of fraud in 2008, was, on Friday, slapped with 9 years of imprisonment. The man had made huge amounts of money during the dot. com tech stock boom and sent out millions of dollars worth of donations to arts facilities, educational institutions and hospitals.
New Jersey medical marijuana bill useless
The marijuana medical law of New Jersey is a looming cloud for New York pot dealers who worry that their profits are going to take a deep dip.
Successful Fourth-Quarter Report Posted by Bank of New York
Fourth quarter report shared by the Bank of New York Mellon Corp. has revealed that for the period, the facility's profits surged, mainly on the back of the fact that the asset manager and security adviser had managed to free itself of all the securities losses that had hurt it in the past quarter.
Placement Agents Bagged At Least $125 Million, Says CalPERS
American's largest public pension, the California Public Employees' Retirement System, has shared that private investment firms ended up paying a minimum amount of $125 Million to placement agents in order to help them win contracts to manage the money in the fund.
Mental Care Facility Agrees to Improve Conditions
Officials have confirmed that New York City has agreed to improve and completely correct conditions at a psychiatric center which was recently accused of violating patients' constitutional and civil rights.
Study: Late nights make teenagers prone to depression and suicidal thoughts
According to a research led by James Gangwisch, a professor of psychiatry at New York's Columbia University Medical Center, late nights not only deprive the teenagers of sleep, but also make them more prone to depression and suicidal thoughts.
Proposal for Expansion of Natural Gas Pipeline Put Forward for NY and NJ
Giant energy companies of the nation have shared that they are looking at a major expansion of natural gas pipeline across the New York City, which will not only boost the metropolitan's use of natural gas while simultaneously pulling down the pollution produced as a result of use of alternate heating sources, but also benefit residents of New Jersey.
AT&T has reportedly withdrawn iPhone online sales from NYC and its suburbs
Going by the reports on a number of site, including The Consumerist and Boy Genius Report, AT&T, which has been facing serious network issues in a New York City (NYC) has withdrawn from the online sales of iPhone to customers residing in the NYC and its suburbs.
Jon Gosselin's apartment in New York ransacked
Jon Gosselin after returning to New York after spending Christmas in Pennsylvania with his eight children discovered that his apartment had been vandalized.
E-books Soon to take Place of “Traditional Hardcover Books”
The world is changing and this can be very well be seen in the publishing world as well, which is asserting that now electronic books are in.
The change is bringing several New York publishing houses to delay releasing books in their electronic format for months.
US Bankruptcy Protection Filed by Citadel Broadcasting
Owner and operator of various popular radio stations in major US cities including New York and Chicago, Citadel Broadcasting Corp., has reportedly filed for bankruptcy protection in Manhattan, succumbing under financial constraints, with a deal to shed $1.4 Billion worth of debt.
NY Jewish community hit by mumps outbreak
In Rockland County about 152 people have been diagnosed with mumps since the summer.
An 11 year old boy who had recently traveled to the UK before attending an upstate New York Jewish summer camp was the fist case. Most of the current cases are from the Orthodox and Hasidic Jewish community.
Link between infertility and breast cancer established
A New York Medical College physician who restores or preserves fertility in female cancer patients after conducting tests concluded a possible link between the presence of breast cancer genes and infertility. The study was published in the Journal of Clinical Oncology.
People prefer southern states more
A new study shows that Southern states are the happiest making coastal states like New York and California being placed at the bottom of a list compiled by researchers.
On self-reported measures researchers ranked the happiest states. Louisiana topped the list, followed by Hawaii, Florida, Tennessee, and Arizona being the top five.
NY restaurants to have grades
The New York City Board of Health will be holding a public hearing in which inputs will be taken from people about a proposal to publicly grade New York City restaurants as A, B, or C based on their sanitary conditions.
Frequent inspection would be done of restaurants that would receive Bs and Cs than those meeting the highest standards for food safety and getting an A.
BNY Mellon CEO quashes resignation rumors
Ending the speculations of resignation, Bank of New York Mellon Corp Chief Executive Bob Kelly said that he would continue with his position in the bank and has no plan to join any other bank for the time being. Earlier, there were wide spread speculations of his joining Bank of America Corp a s Chief Executive Officer.
Study: Milk thistle can reduce liver inflammation resulting from chemotherapy
According to a report published in the December 14 online edition of Cancer, the American Cancer Society journal, chemotherapy-resulting liver inflammation in cancer patients can be reduced by using a medicinal herb - milk thistle.
Two NY senators introduce new legislation to ban BPA in children’s products
With the last-month released Consumer Reports’ study revealing that the chemical Bisphenol-A (BPA) is used in making a much wider range of products than was earlier thought, two New York senators, Charles Schumer and Kirsten Gillibrand, Sunday announced a new legislation for banning BPA from the products commonly used by pregnant women and children.
Report: US states slash funding for tobacco prevention programs
As per a Wednesday report released by a coalition of public health groups, there has been a more than 15 percent reduction in funding by the US states for the tobacco prevention programs this year; thereby indicating that the funding for these programs has fallen to its lowest-ever below the federally-recommended levels.
Boxee partners with D-Link to bring new set-top device – Boxee Box
The start-up Boxee, involved in bringing Web videos to TV sets, announced recently at a New York City event that its partnership with the Taiwanese networking equipment maker, D-Link, has resulted in the emergence of the set-top box called the ‘Boxee Box by D-Link.’
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