Ground Zero first responders and the lawmakers who backed their efforts gathered this afternoon across the street from the site of the terrorist attacks of Sept. 11, 2001, to celebrate the passage on Wednesday of the James Zadroga 9/11 Health and Compensation Act, which will establish permanent healthcare and compensation to the approximately 20,000 people who got sick from the toxic air at the site in the weeks following the destruction of the World Trade Center.
Despite the weak U.S. economy, this year could be the second most profitable for New York City's securities industry, and the average bonus may top last year's because so many bankers and brokers have been laid off.
Microsoft won a deal with United States Department of Agriculture (USDA) under which it will move 120,000 of its employees to messaging, conferencing and document sharing over the cloud.
Facebook founder and chief executive Mark Zuckerberg and 16 other wealthy American families agreed to donate most of their fortunes to charity by joining a pledge started by billionaires Warren Buffett and Bill Gates.
The White House Office of Management and Budget (OMB) has adopted cloud-first policy as part of its IT strategy for government agencies.
New York City could axe as many as 6,000 teachers working in its public schools and slash its budget by $350 million as part of belt tightening, an employment consultancy said in a release on Monday. Education experts have warned that teacher layoffs in New York City, which has not laid off teachers since 1976, will impact schools adversely by causing increase in the class sizes.
NYC's biggest 'affordable' housing project in 35 years attracts numerous real estate powerhouses, who will participate in the first phase of the bidding process, a recent Reuters report said.
A total of 40 U.S. billionaires have pledged to give away at least 50 percent of their wealth as part of a campaign by investor Warren Buffett and Microsoft founder Bill Gates.
More than 30 U.S. billionaires pledged on Wednesday to give away at least 50 percent of their wealth to charity as part of a campaign by investor Warren Buffett and Microsoft founder Bill Gates.
Treasury Secretary Timothy Geithner on Monday promised not to swamp Wall Street with red tape and vowed to move quickly to put in place new rules for the financial marketplace to dispel uncertainty.
The Obama administration intends to quickly put new rules for the financial marketplace into action but won't layer new rules on top of old, U.S. Treasury Secretary assured Wall Street on Monday.
(Corrects spelling of Bloomberg in 15th paragraph)
The Federal Bureau of Investigation has opened a probe into a security breach of Apple Inc's iPad that exposed personal information of AT&T Inc customers.
Uniformed doormen and apartment building workers reached a deal with New York building owners on Wednesday, narrowly averting a strike that would have left residents running elevators, disposing of trash and doing other chores themselves.
The 2010 New York City Saint Patrick's Day Parade kicks off Wednesday at 11:00 a.m. starting at 44th Street and Fifth Avenue.
Thousands of workers who suffered health problems after the September 11 attacks in 2001 have reached a settlement worth up to $657.5 million with an insurer representing the city of New York, city officials and lawyers said on Thursday.
Macquarie Group Ltd, Australia's largest investment bank, wants to add more bankers in the United States to advise energy, industrial and technology companies, Bloomberg reported on Wednesday, citing an interview with a top company executive.
New York Governor David Paterson on Tuesday said the multi-year deficit-closing plan his lieutenant governor is devising might seek to give governors extra authority to cut over-spending.
The U.S. Northeast began to clean up after two blizzards in a week brought the region to a standstill with record snowfalls, leaving thousands without power and creating a multimillion-dollar mess.
A severe winter storm warning was issued for New York City on Tuesday forecasting snow accumulation is expected to total 6 to 12 inches.
The White House has left open the possibility that alleged Sept. 11 mastermind Khalid Sheikh Mohammed may not be tried in Lower Manhattan as initially planned.
New York City will have to lay off more than 10,000 public workers, in addition to 8,500 teachers, if the state legislature approves the $1.3 billion of cuts the governor proposed in his deficit-closing budget, Mayor Michael Bloomberg said on Monday.
