Brookfield Asset Management and tenants of Stuyvesant Town and Peter Cooper Village are making a bid to take over the massive apartment complex of over 11,000 units on Manhattan's east side.
Looking for a luxurious winter escape? How about renting Pamela Anderson's Malibu beach house!
Oil jumped above the psychologically-significant $100 level on Wednesday after a coordinated move by central banks to address pressures in global money markets.
General Electric, the No. 1 U.S. conglomerate, unveiled a major upgrade of its Proficy Historian enterprise software to enable manufacturers to better access huge databases and improve quality.
European shares extended a rally into a fourth session on Wednesday, with miners reversing earlier losses after resource-hungry China cut the reserve requirement for banks to ease credit strains and bolster its economy.
Stymied by a six-month drilling moratorium, the climb to recovery appears slow for the oil and natural gas industries in the Gulf of Mexico since the Macondo spill of 2010. In reality, it's a little more ambiguous than public perception or data numbers suggest.
Banks' contribution to the economy may be hugely overstated, underscoring anger about the scale of taxpayer rescues and resultant government cutbacks, but a sharp retreat of banking worldwide looks painful for all and needs calibrating.
French bank Societe Generale SA is contemplating the sale of its U.S. asset manager TCW Group, Bloomberg reported citing people familiar with the matter.
The Inspector General of the Federal Housing Finance Agency (FHFA) said in a report released on Tuesday that the regulator did not provide enough oversight of Fannie Mae and Freddie Mac in mortgage repurchases, executive compensation and other transactions.
Goldman Sachs picks its top nine technology stocks for 2012.
BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) has received the anticipated FDA approval for expansion of the manufacturing facility in Novato, California. Wedbush Securities believes that with this approval, the company's long-term growth will be strengthened.
Research in Motion Limited (RIMM) surged upwards more than six percent on Tuesday trading after announcing its new BlackBerry Mobile Fusion service.
Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.
A host of young Korean stars are taking to the stage in London, New York and beyond in a bid to crack one of the final global frontiers for Asian culture -- pop music.
The CT lottery jackpot win has resulted in Greenwich, Conn., wealth managers pocketing a $254 million prize.
FBR Capital Markets hosted several meetings with Chief Executive Craig Nash and investors of Interval Leisure Group Inc. (NASDAQ: IILG) last week.
Pfizer Inc. will see the end of a hugely lucrative era on Wednesday, Nov. 30, when its two-decade old patent for Lipitor, a hugely popular drug for cholesterol management, expires.
U.S. group Hewlett-Packard has rolled out its first software using technology gained from its $12 billion acquisition of British group Autonomy, eight weeks after the deal closed.
BlackBerry maker Research In Motion is seeking to cash in as companies switch to rival smartphones with a new tool that offers some of its important security features for sexier devices like the iPhone.
Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.
Two of Hollywood's leading independent studios, Lionsgate and Summit, have started merger discussions, according to an individual with knowledge of the talks.
Almost three decades after she first played her onstage, Glenn Close has brought to the screen the strange and compelling character of Albert Nobbs, a woman in 19th-century Dublin who lives as a man to escape a traumatic past and hang onto her job as a waiter in precarious times.
