NEW YORK CITY

Conde Nast to anchor World Trade Center tower

Conde Nast Publications, supplier of magazines such as Vogue and Vanity Fair, have reached an agreement that will house 5,000 employees at 1 World Trade Center, giving Ground Zero a much-needed corporate anchor.
More news
IBTimes Logo

AIG stock sale draws initial investor interest: report

Underwriters for the planned $9 billion stock sale by American International Group Inc and the Treasury have indications of interest from investors for about half the offering, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
IBTimes Logo

Macy's outlook rosy as middle-class returns

Macy's Inc reported a higher quarterly profit and said it expects a continued upswing in sales and profits for the rest of 2011, reflecting the improving fortunes of middle-class shoppers, its core customers.
IBTimes Logo

Nasdaq CEO vows hostile bid for NYSE in weeks

Nasdaq OMX Group Chief Executive Robert Greifeld, unbowed after NYSE Euronext twice rejected his takeover offer, is pressing forward with a hostile bid for the Big Board parent, promising to launch a tender offer within weeks.
IBTimes Logo

Utilities advance market as leadership shifts

Stocks rose for a third day on Tuesday, led by utilities and other defensive sectors that may drive further gains as investors bet on profit growth and set aside concerns about weakening demand.
IBTimes Logo

Utilities lift Wall Street as leadership shifts

Stocks rose for a third day on Tuesday, led by utilities and other defensive sectors that may drive further gains as investors bet on profit growth and set aside concerns about weakening demand.
IBTimes Logo

AIG shares hit fresh lows, threaten U.S. losses

Shares in bailed-out insurer American International Group fell to their lowest levels in nearly eight months on Monday, potentially moving them into loss-making territory for the U.S. Treasury.
IBTimes Logo

Commodities rout forces Wall St retreat

Stocks fell for a fourth day on Thursday as a massive sell-off in commodities spilled into other markets, forcing investors out of riskier assets and rattling the equities market before Friday's payrolls data.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.