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New York Times Company Reports $15.7M Profit

The New York Times Company on Thursday announced a third-quarter profit of $15.7 million, buoyed by 324,000 paid subscriptions to its Web site. The online gains offset an 8.8 percent drop in ad revenue.
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Obama Jobs Bill Seeks to Put Veterans to Work

A provision in the president's jobs bill would provide tax incentives for businesses that hire veterans and would establish a program to train veterans in the skills they need to re-integrate into a civilian workforce.
Grasberg mine

Striking Miners to Return to Work at Grasberg Gold Mine

Miners at Freeport Indonesia will end a month-long industrial action and blockades at the world's second-biggest copper mine if the firm scraps sanctions against striking workers and considers a five-fold pay hike, the union said on Thursday.
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Citi to pay $285 Million to Settle CDO Case: SEC

Citigroup Inc will pay $285 million to settle charges that its U.S. broker-dealer unit misled investors about a $1 billion mortgage bond deal, the U.S. Securities and Exchange Commission said on Wednesday.
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Gold Eases Fractionally, Euro Sentiment Up

Gold eased on Wednesday as growing hopes of a resolution to the Eurozone debt crisis persuaded investors to shrug off a downgrade to Spain's credit rating and buy riskier assets such as equities.
BNY Mellon Sign

Bank of New York Mellon Q3 Earnings Up, Beats Analyst's Call by a Penny

The Bank of New York Mellon Corporation (NYSE: BK) reported a third quarter net income of $651 million, or $0.53 per common share Wednesday morning, an increase of 4.7 perecent when compared with $622 million, or $0.51 per common share, in the third quarter of 2010. The results were a penny over mean analyst predictions of $0.52 per share.

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