News Alerts
Indy Party chief in jam over wife loan (Jul-20, 02:34 EDT )-- The wife of the chairman of the state Independence Party solicited and received a $10,000 business loan from a candidate who got the party's coveted endorsement days later, The Post has learned. John Tabacco, who was running for the Staten Island City...
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Senate Democrats Look To Extend Jobless Benefits (Jul-20, 09:14 EDT )-- All but two Republicans, along with one Democrat, have opposed extending long-term unemployment, saying it would add $34 billion to the deficit. But Senate Democrats hope the swearing-in of a replacement for the late West Virginia Sen. Robert Byrd on...
Goldman Sachs Q2 Earnings Fall 80 Percent From '09 (Jul-20, 09:12 EDT )-- Goldman Sachs, one of the nation's most profitable banks, announced Tuesday that its second-quarter earnings are down more than 80 percent from last year at this time. CEO Lloyd Blankfein cited a "difficult market environment." Profits also were hit by...
Goldman Sachs' Second-Quarter Results Plummet (Jul-20, 09:06 EDT )-- The company's net income dropped 83 percent to $453 million as its trading revenue fell and it booked a charge for its settlement of civil fraud charges with the Securities and Exchange Commission.
Explaining the Changing Face of S.B.A. Borrowers (Jul-20, 09:03 EDT )-- The second Bush administration viewed a program that looked at borrowers by race or gender as constitutionally suspect.
Markets Decline as Quarterly Revenues Disappoint (Jul-20, 08:58 EDT )-- Investors have been looking for signs that the overall economy may be doing better than weak economic reports have indicated.
Earnings and Revenue Decline at Goldman Sachs (Jul-20, 08:10 EDT )-- Earnings fell 83 percent in the second quarter, making it the worst quarter for Goldman Sachs since the depths of the financial crisis in late 2008.
Home Construction Declined 5% in June (Jul-20, 08:00 EDT )-- The results were driven by a more than 20 percent drop in the volatile condominium and apartment market.
Housing Starts Drop 5 Percent In June; Permits Up (Jul-20, 07:36 EDT )-- Home construction plunged last month to the lowest level since October as the economy remained weak and demand for housing plummeted. Construction of new homes and apartments in June fell 5 percent from a month earlier to a seasonally adjusted annual...
Regulators Are Human, Too (Jul-20, 07:16 EDT )-- Regulation often brings with it abundant human error, so we should be wary about viewing it as a cure-all, an economist writes.
Toyota Receives Subpoena on Steering Flaws (Jul-20, 06:28 EDT )-- A federal grand jury in New York has subpoenaed Toyota seeking information on steering-related defects.
Low Cost Of Maine Lobster Sinks Profits (Jul-20, 06:01 EDT )-- Maine's industry is thriving, with over 75 million pounds of lobster caught last year. But over the past few years, the price at the docks has dropped. Lobstermen are trying to stay afloat.
Toyota Subpoenaed By Federal Grand Jury (Jul-20, 04:39 EDT )-- The world's largest automaker, which is trying to repair a reputation damaged by recalls of millions of cars worldwide, said the federal grand jury issued the subpoena to its U.S. subsidiary in late June. Toyota said it was the company's second...
Federal Grand Jury Subpoenas Toyota (Jul-20, 03:00 EDT )-- Japanese carmaker Toyota said Tuesday it has been subpoenaed by a federal grand jury in New York that wants documents related to problems in the steering mechanism of some Toyota cars. Toyota said the subpoena didn't specify which models were under...
Oldest Champagne Found In Baltic Sea (Jul-20, 03:00 EDT )-- Swedish divers have discovered what may be the world's oldest drinkable champagne. They were exploring a shipwreck in the Baltic Sea when they came across a stash of bottles 200 feet underwater. The divers believe the ship sank sometime in the 1780s,...
At Amazon, E-Book Sales Outpace Hardbacks (Jul-20, 01:29 EDT )-- This past spring and early summer, Amazon sold 143 e-books for every 100 hardcover books, a gap that is widening quickly. Amazon says consumers love the convenience of e-books; they probably like the price, too.
Small Businesses Go After Offshore Tax Havens (Jul-20, 00:40 EDT )-- American multinational corporations use offshore havens to avoid $37 billion in federal taxes each year, a coalition of small business groups contends.
Blogger Agrees To Cooperate In Lost iPhone Probe (Jul-19, 23:42 EDT )-- Thomas J. Nolan Jr., a lawyer for Jason Chen of Gizmodo.com, said Monday that technology website agreed to the deal with prosecutors to resolve the case as quickly as possible.
In Congress, A Showdown Over Campaign Money (Jul-19, 23:01 EDT )-- So far this year, proponents of tougher campaign finance laws have been on a losing streak. They have two big bills they still hope Congress will vote on this summer -- though both face opposition.
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