NEW YORK

Andrew Cuomo

A New Yorker's Opinion: Albany Tax Plan's Debt to Occupy Wall Street

The long shadow of Occupy Wall Street fell across the New York Legislature Tuesday, when its leaders and Gov. Andrew Cuomo agreed to changes to New York State's income tax, which will cut rates for many in the middle class, while adding a new bracket for those making over $2 million a year. And we, the middle class, owe that rag-tag group of small-d democrats our gratitude.
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Second Avenue Subway Construction Starts Up Again

The MTA has resumed operations on the Second Avenue subway project Monday evening. After taking two weeks off of the project, because residents complained about the noise, dust and odors that the construction produces.
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New York Votes Tossed Out in 2010: New York University Study

Last year saw a record number of discarded votes in New York elections--60,000 in total. The main culprit, apparently, was poorly designed ballots that let people vote for more than one candidate in a contest, according to a New York University study..
The U.S. Capitol dome in Washington

Congressional Insider Trading Ban Needed to Restore Trust, but Issues May Arise: SEC

Insider trading by federal lawmakers is unlawful, but "distinct legal and factual issues" may arise and make the investigation or prosecutions difficult to proceed. However, any statutory changes on insider trading should be "carefully calibrated" to ensure they do not narrow current law, a top Securities and Exchange Commission official warned Tuesday.
Toll Brothers

Toll Brothers' 4Q Earnings Beat Estimates

Toll Brothers Inc., the largest U.S. luxury home builder, reported a net income of $15 million in the fiscal fourth quarter ending Oct. 31, or nine cents per diluted share, down from $50.5 million, or 30 cents per share, in 2010.
Police officers stand around a structure built the night before by Occupy DC protesters on McPherson Square in Washington

11 Occupy protesters arrested in San Diego, Orlando

Police extended moves aimed at keeping anti-Wall street protesters from camping on Monday, arresting 11 people in Orlando and San Diego after a weekend clampdown in cities on both the East and West coasts netted scores of arrests.
A pedestrian walks past the NASDAQ building in New York City

Still Want to Bet Against Groupon? UBS Has a Gift for You

UBS announced Tuesday it will be adding five recently-public Web 3.0 companies, including Groupon Inc. (NASDAQ:GRPN) to its benchmark index of young public Internet companies, officially called the UBS Next Generation Internet Index.
Prostitute wearing a mask speaks with an activist as they attend a demonstration ahead of vote on a symbolic resolution to abolish prostitution at the National Assembly in Paris

French Parliament to Debate Outlawing Prostitution

Partly owing to the huge sex scandal commenced by former French presidential candidate Dominique Strauss-Kahn in New York earlier this year, French Parliament will debate a bill to ban prostitution in France on Tuesday. If passed, it could become law next year.

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