07/12/11 MBIA Inc. shares surged after the bond insurer agreed with Bank of America Corp. to dismiss a lawsuit over protection sold against mortgage-debt defaults, prompting speculation that the two firms are near a wider settlement of claims tied to soured subprime home loans.
07/12/11 A rear view of Holly Hill, the stone manor house in Briarcliff Manor that was built in 1927 and was last owned by Brooke Astor. The home is on the market for $12.9 million.
07/11/11 Merrill Lynch & Co. units now owned by Bank of America Corp. (BAC) and MBIA Inc. (MBI) agreed to dismiss a breach-of-contract lawsuit over protection sold against mortgage-debt defaults, according to a court filing.
07/10/11 Entomologist Richard Falco studies a subject under a microscope at Lyme Disease Diagnostic Center at New York Medical College. / Xavier Mascare?as/The Journal News
07/07/11 In the 1980s, attorney Gary Reback was working at Sun Microsystems, then a young technology startup. A pack of IBM employees in blue suits showed up at Sun headquarters seeking royalties for 7 patents that IBM claimed Sun had infringed. The Sun employees, having examined the patents, patiently explained that six of the seven patents were likely invalid, and Sun clearly hadn't infringed the ...
07/06/11 By Richard RabicoffATLANTA -- Cacti Asset Management, L.L.C. reported in an SEC filing that its equi...
07/06/11 By Richard RabicoffPARAMUS and ROSELAND, N.J. -- Cacti Asset Management, L.L.C. reported in an SEC f...
07/02/11 BABYLON, New York (Reuters) - At Gilgo Beach on a breezy summer day, Cheryl Mozetti kicks back on a beach chair as she watches her two children shovel piles of sand onto their makeshift castle.
06/30/11 GREENWICH, Conn. -- The Greenwich pet of the week is Scout, a handsome 3 1/2 year old neutered Dachshund mix. A friendly and social boy, Scout could do well in a home with another dog. Adopt-A-Dog...
06/30/11 NEW YORK (AP) - The Rangers went with J.T. Miller, a forward from the U.S. National Development program with the No. 15 pick in the NHL draft on Friday night.
06/28/11 NEW YORK (Reuters) - New York's highest court revived on Tuesday a lawsuit by banks including Bank of America Corp and HSBC Holdings Plc challenging MBIA Inc's 2009 restructuring, which they complained was unfair to policyholders.
06/28/11 New York's highest court revived Tuesday a lawsuit by banks including Bank of America [ BAC 10.805 -0.045 (-0.41%) ] and HSBC Holdings [ HBC'A 24.16 -0.065 (-0.27%) ], challenging MBIA's 2009 restructuring, which they complained was unfair to policyholders.
06/28/11 UBS AG, Bank of America Corp. and about a dozen other banks won reinstatement of a lawsuit against MBIA Inc. challenging the 2009 restructuring of its insurance unit that guaranteed toxic debt.
06/28/11 New York's top court on Tuesday reinstated a breach-of-contract lawsuit by a dozen banks challenging MBIA's state-approved restructuring of its bond-insurance business, concluding the state insurance superintendent's approval doesn't prohibit creditor and common-law claims.
06/28/11 Aaron Elstein - A court reinstated a lawsuit from Wall Street banks seeking to reverse the breakup of bond insurer MBIA during the financial crisis. At stake is how the big banks treated sophisticated customers during the bubble years and how much they will pay for their sins.
06/25/11 Juliann Negron of New Hempstead sleds at Eugene Levy Park in Ramapo last winter. / Tom Nycz/The Journal News
06/19/11 NEW YORK : Four people were killed on early Saturday afternoon when a small plane crashed near a local airport in New York state, federal officials said.
06/19/11 Loading Photo Galleries ... Loading ... Police prepare Saturday to put crime-scene tape around the wooded area behind 113 King St. in Armonk, as various police and fire agencies work at the nearby wreckage of a fatal plane crash.
06/19/11 A small plane crashes about a mile from a suburban airport in N.Y., bursting into flames, killing 4 Plane Stalls, Crashes in Utah Field, Injuring 5
06/19/11 A small plane crashed about a mile from a suburban airport on Saturday, bursting into flames and killing all four people on board. The plane crashed shortly after departure from Westchester County Airport in Armonk, north of New York City, authorities said. |