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The Spread

  • ResCare seeks more time to review Onex offer

    ResCare will announce today that it needs more time to review private-equity firm Onex’s $12.60-a...  

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  • NY pol brags of endorsement from former NY hedgie

    Ryan Brumberg, Republican candidate for Congress in New York’s 14th district, which includes...  

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  • Ackman’s hedge fund put $40M into StuyTown joint venture

    Hedge fund honcho Bill Ackman said his firm chipped in $40 million as part of a bid to take over...  

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  • New York hedge fund goes berserk over leak

    Paul Singer, head of New York hedge fund Elliott Management Corp., is taking extreme measures to...  

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  • NY Daily News CEO Marc Kramer resigns

    In a stunning shakeup at the Daily News, CEO Marc Kramer resigned from the beleaguered daily and is...  

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Real Estate Blog

  • This week's calendar: Sept. 2 to Sept. 8

    Saturday, September 4 Around Manhattan Official NYC Architectural Tour Experience a unique...  

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  • This week's calendar: Aug. 26 to Sept. 1

    Sunday, August 29 Fish Form: Lamps by Frank Gehry As part of a design competition sponsored...  

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  • This week's calendar, August 19 to 26

    Thursday, August 19 Professional Women in Construction: Meet the Architects & Engineers...  

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  • This week's calendar, August 12 to 18

    Thursday, August 12 Manhattan Real Estate Networking Summer Soirée Real estate professionals...  

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  • This week's calendar, August 5 to 11

    Thursday, August 5 Around Manhattan: A Champagne Cruise for Landlubbers Begin your “virtual...  

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Social director

Social director

Apple CEO Steve Jobs is borrowing the best of Facebook and Twitter to transform iTunes into a social network for music fans. Ping, a new social-networking feature that will be built into the latest version of iTunes, will give users...  Read Full Story

Markets

Dow: 10275.83 6.36 Nasdaq: 2190.92 14.08

Latest Business News

  • Burger King to be acquired for $4B by 3G Capital

    Fast-food restaurant Burger King announced Thursday it will be bought out by private equity firm 3G Capital at $24 a share, or about $4 billion total,...   10:23 AM

  • Dell drops out of bidding war for 3PAR

    Dell announced Thursday it was dropping out of the closely-watched bidding war with competitor Hewlett-Packard for the data storage company 3PAR. "We...   11:31 AM

  • Jobless claims fall by 6K to 472K

    The number of U.S. workers filing new claims for jobless benefits edged down last week, but the high level of applications still suggests the job...   8:39 AM

  • Deal or no deal? Disney, TWC still on hold

    Negotiations between Time Warner Cable and Walt Disney Co. were going down to the wire last night, as the two companies worked to hammer out the...   12:43 AM

  • Fuld: Uncle Sam saved everyone but Lehman

    Fuld: Uncle Sam saved everyone but Lehman

    Don't hold your breath for any mea culpas from Dick Fuld. With nearly two years to digest the ignominious collapse of the 158-year-old investment bank he oversaw, the ex-Lehman Brothers CEO has arrived at this conclusion: Uncle Sam left Lehman...   3:40 AM

  • Drug deal dopes

    Turns out, you don't have to be too smart to get an MBA from the prestigious Wharton business school. Just ask two pals who were busted yesterday...   12:53 AM

  • Blowout market rally

    It may be the end of summer, but investors were nearly blinded yesterday by their first ray of economic sunlight in weeks. Stocks took a sudden and...   3:40 AM

  • Trib creditors zero in on Zell

    Tribune Chairman Sam Zell's bid for immunity from legal claims arising from the disastrous buyout of the company could be slipping away. The judge...   3:40 AM

  • Oakley'$ record

    Oakley, the sunglass and sports accessories shop, has seized a small slice of Times Square at a record-setting price. The cutting-edge retailer...   3:40 AM

  • Century 21 is heading uptown

    Century 21, the 50-year-old department store that has become a magnet for tourists visiting Ground Zero, will open its first uptown outlet in the...   3:40 AM

  • Miserable auto sales in August

    Toyota, General Motors and Ford, the three largest sellers of autos in the US, reported bigger sales declines than analysts projected as the industry...   12:44 AM

  • Romer: US may need Stimulus II

    Romer: US may need Stimulus II

    Departing White House economist Christina Romer said the US must find the political will for more action, beating back the bugbear of high deficits in favor of a second stimulus bill that would boost the economy and create jobs. "We have tools...   3:40 AM

  • Harrisburg fiscal woes

    Bankruptcy "has become a real option" for Pennsylvania's capital of Harrisburg, said City Council Vice President Patty Kim, a day before pols discuss...   3:40 AM

  • Schumer: Don't go corp.

    Sen. Chuck Schumer (D-NY) asked Federal Reserve Chairman Ben Bernanke yesterday to consider requiring credit-card companies to obtain tax...   3:40 AM

  • Borders' net loss widens

    Borders Group, the second-largest US bookstore chain, posted a loss for the fifth time in six quarters as revenue at established stores kept dropping...   3:40 AM

  • Business briefs

    A&P sale Great Atlantic & Pa cific Tea Co., owner of the troubled A&P gro cery chain, is mulling a sale of its Food Empo rium unit. BP ad bucks...   3:40 AM

  • Expect hot luxury brands to stay on the block

    Expect hot luxury brands to stay on the block

    Some big-name luxury brands may be on the block, but prospective acquirers are mostly window-shopping. Saks' stock surged yesterday after a British newspaper said two private-equity firms -- one of them based in the US and one in the UK -- were...  

  • Blankfein hits bottom, Gaga joins Establishment

    Blankfein hits bottom, Gaga joins Establishment

    The most powerful man on Wall Street just got dissed. Goldman Sachs boss Lloyd Blankfein toppled from No. 1 to last place in Vanity Fair's 16th annual "New Establishment" list, its much-anticipated ranking of the most influential people of the...  

PostPics

Today in Pictures
  • Discovery gunman
    Discovery gunman
  • Day in Photos: Sept. 1, 2010
    Day in Photos: Sept. 1, 2010
  • Azarenka collapses at US Open
    Azarenka collapses at US Open
  • Israeli Settlers Funerals
    Israeli Settlers Funerals
  • Demi Moore on Twitter
    Demi Moore on Twitter

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