News Archive for October 9, 2015

  • Hillary Clinton Gives Joe Biden an Opening

    WASHINGTON—Hillary Clinton's moves to distance herself from key White House policies creates an opening, if he wants one, for Vice President Joe Biden to run for president as the natural heir to the Obama legacy.

  • Uber’s Probe of Data Breach Focuses on Lyft Executive

    Investigators looking into last year's data breach and theft of drivers' records from Uber Technologies Inc. have found indications implicating an executive at rival ride-hailing app Lyft Inc., said people familiar with the matter.

  • Dollar Flat Against Yen, Euro

    The dollar was almost flat against the yen and the euro in Asian trade Friday, as investors avoided taking large positions given the lack of fresh trading cues and ahead of the three-day weekend in Japan.

  • Australia Shares Hit Seven-Week High

    Australian stocks marched higher for a fifth straight day Friday, lifting the benchmark index to a seven-week high as resources counters continued to recover.

  • University of Phoenix Barred From Recruiting on Military Bases

    The Department of Defense on Thursday placed the University of Phoenix system on probation, barring the for-profit school giant from recruiting on military bases and preventing troops from using federal money for classes.

  • Oil Prices Higher

    Crude oil prices advanced in early Asian trade Friday, driven by a weakening dollar and risks that Russia's escalating involvement in Syria could hurt oil supply from the region.

  • Asian Shares Rally on Hopes for Longer Period of Low Rates

    Markets across Asia rallied Friday after details from the U.S. central bank's latest meeting cast further doubt on the prospect of higher interest rates this year.

  • To These Bull Runners, Pamplona Is for Wimps

    ALCALÁ DE CHIVERT, Spain—For daredevils the world over, Pamplona's running of the bulls is a once-in-a-lifetime thrill, a chance to charge alongside 1,200-pound beasts hurtling down narrow streets.

  • NASA Report Details Long-Range Plans for Astronauts to Live on Mars

    NASA laid outs its most detailed technology pathway yet to eventually land humans on Mars, including plans for a deep-space platform dedicated to testing equipment while protecting astronauts through years of preparation.

  • Assad Seen Trying to Force the West to Choose Between his Regime, Islamic State

    BEIRUT—Syrian President Bashar al-Assad and his inner circle are engaged in a high-stakes gamble for the future of their fractured nation, betting Russian attacks on rebel positions will shift momentum in the conflict and shore up support ...

  • Students Protest School Renaming After $100 Million Gift

    A $100 million donation? Thanks—but not with strings attached.Some students and alumni at New York University's newly renamed engineering school in Brooklyn are criticizing the name change, which was announced this week to honor a gift from ...

  • Carnegie Hall Names Mercedes Bass as Interim Chairwoman

    The Carnegie Hall board of trustees elected philanthropist Mercedes T. Bass as its acting chairwoman on Thursday, capping a rocky period for the music venue.

  • Airman Who Helped Foil French Train Attack Stabbed in California

    One of the American men French authorities credit with disrupting a potential terror attack on a Paris-bound high-speed train in August has been hospitalized after being stabbed early Thursday morning, authorities said.

  • Malaysia Arrests Another Critic of Prime Minister

    KUALA LUMPUR, Malaysia—A prominent lawyer was arrested Thursday on charges of sabotage, his attorney said, after earlier planning to travel to the U.S. to help urge authorities there to investigate money transfers into Prime Minister Najib ...

  • New Season, New Roles at the Met

    New YorkThe Metropolitan Opera's Italian-centric season got under way with a handful of house role debuts that enlivened what might otherwise have been a predictable procession of warhorse revivals.

  • House GOP Leadership in Turmoil

    WASHINGTON—Majority Leader Kevin McCarthy unexpectedly dropped out of the race to become speaker Thursday, plunging House Republicans into chaos and extending the struggles that have racked the party for years.

  • Nonprofit Ties Scrutinized in U.N. Scandal

    The alleged involvement of two nonprofit organizations in the United Nations bribery case filed this week by U.S. authorities has shed light on the role these groups play in U.N. affairs, raising questions about the interlaced relationship ...

  • Domino’s Profit Rises, Though Results Fall Short of Estimates

    Domino's Pizza Inc. said profit rose in its latest quarter, though results fell short of analysts' estimates, as continued sales growth in the U.S. was countered by some currency headwinds overseas.

  • Hillary Clinton Comes Out Against Trans-Pacific Partnership Trade Deal

    Hillary Clinton broke with the White House by opposing its major Pacific trade agreement, undercutting President Barack Obama's efforts to win congressional approval for the deal and possibly straining her relationship with an ...

  • Paul Ryan Resists Calls to Run For House Speaker

    Deprived of a clear pick for House speaker, many Republican lawmakers turned Thursday to Paul Ryan, the 2012 GOP vice presidential nominee, an architect and lead salesman of the party's conservative economic policies.

  • Family Members Gather to Remember El Faro’s Lost Mariners

    About 300 people, including dozens of family members of El Faro's crew, gathered on a lawn across near a terminal at Port of Jacksonville in Florida to pray, commiserate, and light candles in memory of the 33 mariners believed to have died ...

  • Gold Prices Rise In Asia On Dovish Fed Tone

    0244 GMT [Dow Jones] Gold prices rose in Asia trade Friday as the U.S Federal Reserve sounded a dovish tone, subduing expectations of any rise in interest rates soon. Safe haven appeal for the metal has increased with concerns about slower ...

  • Ted Cruz Raised $12.2 Million in Quarter, Eclipsing GOP Rival Marco Rubio

    Texas Sen. Ted Cruz raised $12.2 million in the third quarter, pushing him into the upper ranks of Republican presidential hopefuls who have announced details of their fundraising hauls so far.

  • Debt Markets Hold Key to Dell’s Bold EMC Bid

    Michael Dell is pressing ahead with partner Silver Lake on a $50 billion-plus acquisition of data-storage giant EMC Corp., people familiar with the matter said, a bold but risky deal that would require massive debt financing at a time when ...

  • Patriot Coal Wins Court Approval of Plan to Hand Over Mines

    Patriot Coal Corp. on Thursday won confirmation of its chapter 11 debt repayment plan, clearing the way for the company to hand over its mines to new owners in an effort to preserve the business amid widespread distress in the coal ...

  • The Trial of a Ukrainian Pilot in Russia

    Even by the standards of Vladimir Putin's Russia, the show trial of Lt. Nadya Savchenko sets a high bar for cynicism. The 34-year-old Ukrainian helicopter pilot stands accused by a court in Russia's southern Rostov region of committing “war ...

  • Greater New York Watch

    ManhattanSinatra Will Be Focus of Geffen Hall GalaThe campaign to renovate the New York Philharmonic's home will make Frank Sinatra the focus of its first fundraiser.

  • Hillary Clinton Proposes Fee on Wall Street Firms’ Liabilities

    Democratic presidential candidate Hillary Clinton unveiled a series of Wall Street proposals Thursday, as she tries to fight off a populist primary challenge from competitors who advocate breaking apart big financial firms.

  • Norwegian Air Plans U.S. Expansion Even If Blocked By Regulators

    Norwegian Air Shuttle ASA will accelerate its trans-Atlantic expansion even if U.S. regulators reject its controversial bid to operate flights using an Ireland-based subsidiary, its chief executive said in an interview.

  • Glencore Cutbacks Shift to Zinc in Metal Rout

    SYDNEY—Commodities trader Glencore PLC, which has faced intense pressure from investors over its debt pile, said it would cut global zinc production by a third after a collapse in prices of the industrial metal.

  • Reflecting on ‘A Heart of a Dog’

    On Thursday evening, the performance artist Laurie Anderson showed her movie, “Heart of a Dog," to local audiences at a premiere at the New York Film Festival.

  • Investigators Focus on Data Exchanged With Doomed Cargo Ship

    Federal authorities investigating El Faro's sinking have zeroed in on another vessel that passed the doomed cargo ship before it ran into Hurricane Joaquin.

  • Book Store Gets to Heart of the Matter With Expansion


  • Treasury’s Jacob Lew Calls on World Leaders to Step Up ‘Political Will’ to Boost Growth

    LIMA, Peru—The world's finance officials must avoid resorting to “beggar-thy-neighbor" policies to revive growth, U.S. Treasury Secretary Jacob Lew said Thursday as economic leaders confronted an increasingly dour outlook for the global ...

  • Bike Lanes Make Cycling in NYC Less Challenging

    Bike lanes have made pedaling around New York City less harrowing in recent years, as longtime cyclists used to dodging cars and trucks already know.

  • New York Unveils Climate Change Plans

    New York Gov. Andrew Cuomo hasn't always earned the praise of his fellow Democrats on issues central to the party, but on Thursday he added his voice to one of its core concerns—climate change.

  • Bonds Prove Good Bet in Times of Panic: BT

    0106 GMT [Dow Jones] The global financial-market panic that gripped investors in September and led to a sweeping selloff in equities, emerging-market and commodity currencies underpins the importance of holding bonds, says Vimal Gor, head ...

  • Gap Reports Downbeat Profit Guidance, Drop in September Sales

    Gap Inc. said total sales in September fell 1%, hurt by the stronger dollar and weakness at Banana Republic, and gave downbeat guidance on the company's expected profitability in the current quarter.

  • Corrections & Amplifications

    Anheuser-Busch InBev NV's takeover proposal for SABMiller PLC would be worth £65.14 billion in cash and stock, or $99.2 billion at Tuesday's closing exchange rate. A Page One articleand a Heard on the Street column Thursday about the ...

  • ‘Fool for Love’ Review: Time Bombs in a Cheap Motel

    New YorkWhen Nina Arianda made her staggeringly assured professional stage debut five years ago in “Venus in Fur," every drama critic in town took it for granted that she was headed straight for stardom. But then she appeared in two ...

  • Design’s Big Draw: Bugs, Toys and Robots

    Carl's House, ‘Up,' 2009: The picture appears in a section on collaboration. ‘We chose this to go in the center because this one digital painting told the story of the movie, of this stubborn man who did not want to leave his house even ...

  • Faces to See, Places to Be at New York Comic Con

    New York Comic Con is celebrating its 10th anniversary this year with yet another growth spurt, one that has taken the annual celebration of all things geeky—from Batman to “The Walking Dead"—beyond the Jacob K. Javits Center.

  • São Paulo Stops Short of Uber Ban

    SÃO PAULO—Brazil's largest city on Thursday stopped short of a threatened ban on Uber, leaving the door open for the ride-sharing company to continue operating though in a manner that would limit its growth.

  • At Spanish Festivals, Daredevils Dodge Bulls

    Those Looking for Bull Charge Into FestivalsIsaac Álvarez jumps over a bull in Castellón city, in Spain's Valencia region, in 2010. The particularly daring move for a recortador is known as a salto del angel, or swan dive. The 28-year-old ...

  • Insolvent U.K. Solar Company Mark Group Seeks Creditor Protection

    Mark Group Ltd., an insolvent U.K.-based solar-panel installer that was bought by struggling U.S. solar-power developer SunEdison Inc. in July, has shut its doors and laid off more than 900 people.

  • The OECD’s Bad Tax Brainstorm

    Another G-20 summit next month means another opportunity for world leaders to complain that global companies pay too little in taxes. Right on cue, the Organization for Economic Cooperation and Development this week released its final ...

  • Bill Koch Wants to Sell a Pair of Blue-Chip Paintings

    Oil-refining billionaire and investor Bill Koch has spent decades amassing an eclectic collection of rare wine, Western art and trophy paintings. Now, Mr. Koch, whose twin brother is industrialist David Koch, is shaping up to be one of the ...

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