Palash Ghosh

6931-6960 (out of 7238)

Palash has worked as a business journalist for 21 years in New York.

New York governor cuts his own pay 5%

In yet another example of a cash-strapped state seeking to alleviate a crushing budget deficit, the newly-elected governor of New York, Andrew Cuomo, has slashed his salary by 5 percent and may seek to freeze salaries across the state for one year.

NVIDIA shares soaring

Shares of chip designer NVIDIA Corp. (Nasdaq: NVDA) are surging today, in what appears to be a delayed reaction to a series of good news surrounding the company.

Illinois passes huge tax hikes to cut deficit

The state of Illinois has passed measures to raise the personal income tax rate by 67 percent and business income tax rate by 46 percent in order to get a handle on the state’s huge budget deficit.

Wal-Mart faces stiff opposition to setting up shop in New York City

Wal-Mart’s (NYSE: WMT) efforts to establish its first footprint in the vast New York City market promises to be long and bumpy ride, as forces opposed to the discount retailing giant’s presence gather their resolve. Meanwhile, the company seems equally determined to build a store in the city.

Supervalu’s woes deepen

Shares of Supervalu (NYSE: SVU) are plunging this morning after the retail grocer posted a loss for the third quarter and slashed its full year profit outlook.

Frontier market Laos opens stock exchange

While the recent volatility in the Bangladesh stock market raises worries about investing in the so-called “frontier markets,” another developing country, Laos, has opened its own new stock marke

7-11 convenience stores plan to expand in Manhattan

The “suburbanization” of Manhattan will continue -- the 7-Eleven convenience store franchise plans to operate an astounding 100 stores in the borough by the year 2015, according to a report in Crain’s New York Business.

Facebook hoax recalls other similar corporate hijinks

The shocking (and highly ludicrous) news over the weekend that Mark Zuckerberg was going to shut down Facebook because it was causing him too much “stress” was only the latest in a long line of corporation-related hoaxes that have long amused, annoyed and bedeviled the public.

Education stocks plunging on weak enrollment data

Education-related stocks are getting hammered this morning after a prominent company in the field, Strayer Education (Nasdaq: STRA) reported a 20 percent drop in poor enrollment for its latest winter term.

Stocks fall on mixed jobs report, court ruling on banks

The Dow Jones Industrial Average fell 22.55 points, or 0.19 percent, to finish at 11.674.76. At one point the Dow was down as much as 100 points. The S&P 500 dropped 2.35 points, or 0.18 percent, to 1271.50; while the Nasdaq shed 6.72 points, or 0.25 percent, to 2703.17.

Is Robert DeNiro overrated?

Robert DeNiro is widely regarded as one of the greatest – perhaps the greatest – living film actor. However, what exactly has DeNiro really accomplished in the last fifteen years?

Bank shares falling on Mass. Court ruling on foreclosures

Bank shares are weakening after the Massachusetts State Supreme Judicial Court upheld a decision that two foreclosures from U.S. Bancorp (NYSE: USB) and Wells Fargo (NYSE: WFC) were not valid because the banks did not properly show they held the mortgages at the time of the foreclosure.

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