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A BNY Mellon sign is seen on its headquarters in New York's financial district

Whistleblower Documents Illuminate Case Against BNY Mellon

Confidential whistleblower documents that helped spark a massive state and federal investigation into how Bank of New York Mellon Corp charged pension funds for currency exchange, provide a rare window into how a bank insider aided a lawsuit against the bank.

LG Display plant in eastern China hit by strike

LG Nitro HD
Workers at an LG Display factory in eastern China have gone on strike, halting some production, the company said on Wednesday, in the latest action by China's increasingly assertive workforce.
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Mega Millions

Mega Millions NY: $206 Million Jackpot Won

It is the second time this year that a ticket sold in New York hit a Mega Millions jackpot worth more than $200 million. The last one came in June, when 20 co-workers from a Long Island Costco store split a $201.9 million price in the multi-state lottery.
Raptors head coach Dwane Casey

Dwane Casey Places a 1,300-Pound Rock in the Raptors’ Locker Room

Toronto Raptors head Coach Dwane Casey believes the team is heading into what he calls a building season and so he had introduced a new motto to the team: Pound the Rock. But the team isn't just getting these words as inspiration, Casey has placed a 1,300-pound rock inside the players locker room as a stark reminder of the mentality he is trying to instill in them.
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Badger Fire Declared Accidental

A raging Christmas-morning house fire that killed an elderly couple and their daughter's three young girls in Stamford, Connecticut, appears to have been caused by embers from a fireplace and was accidental, city officials said on Tuesday.
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Carlyle Launches Financial Firms Buyout Fund

The Carlyle Group has started fundraising for a new global financial services buyout fund that is seeking to top its previous $1.1 billion fund, which is now almost fully invested, a person familiar with the matter said on Tuesday.
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Appeals Court Delays SEC-Citigroup Fraud Case

The Securities and Exchange Commission won a delay in its securities fraud lawsuit against Citigroup Inc, as the regulator tries to appeal a judge's decision to reject its $285 million settlement with the bank.

U.S. Appeals Court Delays SEC-Citigroup Fraud Case

The U.S. Securities and Exchange Commission won a delay in its securities fraud lawsuit against Citigroup Inc, as the regulator tries to appeal a judge's decision to reject its $285 million settlement with the bank.
The sign marking the MF Global Holdings Ltd. offices at 52nd Street in midtown Manhattan is seen in New York

MF Global Trustee has no Conflict of Interest: Judge

The trustee liquidating MF Global's brokerage does not have a conflict of interest stemming from prior work done for one of MF Global's key lenders, a bankruptcy judge said on Tuesday.
Logo on headquarters of American International Group Inc. (AIG) in New York

Court OKs AIG's $450M Workers Comp Settlement

A federal judge has approved American International Group Inc's $450 million settlement with rival insurers to end litigation accusing AIG of underreporting premiums on workers' compensation policies.
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The Only Four NYC Steakhouses You Need To Know

If you’re looking for a steak in New York, it’s not hard to find. Some of the best restaurants from around the world are in this city, and likewise, the steakhouses are superb. Whether you’re looking for a seared sirloin or a nice juicy cut of ribs, there’s a top-tier steakhouses that will fit the bill. While each steakhouses interior and preparation may be different, they’re each one of a kind.
Director Wim Wenders arrives during a red carpet of his movie ''Pina'' at the Rome Film Festival

Indie Box Office: Wim Wenders' Pina opens big

Pina, Wim Wenders' 3D documentary about dancer-choreographer Pina Bausch, opened to an impressive $88,399 at three New York locations over the weekend, leading the specialty market.
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Morgan Stanley to Cut 580 Jobs in New York City

Morgan Stanley (MS) will axe 580 jobs in various sites in New York City due to economic reasons. The rolling layoffs began on Dec. 15 and the company has not identified a closing date, company filings with the New York Department of Labor showed Tuesday.
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U.S. Says China is not a Currency Manipulator

The U.S. Treasury again shied away from labeling China a currency manipulator on Tuesday, but it rapped the country for not moving fast enough on exchange rate reforms.
Traders work on the floor of the New York Stock Exchange

Wall Street Finishes Mostly Flat in Light Trading

Stocks ended flat on Tuesday after fluctuating between small gains and losses in a light-volume session, as investors took a breather following a 5 percent rally last week.
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Court Grants Appeal of BofA $8.5 Billion MBS Accord

An appeals court on Tuesday granted an appeal of a controversial ruling that moved consideration of Bank of America Corp's $8.5 billion settlement over mortgage debt to federal court.

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