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Penney CEO calls Martha Stewart deal a centerpiece

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J.C. Penney Co Inc bought a 16.6 percent stake in Martha Stewart Living Omnimedia Inc and will build mini-stores under that brand in a deal new Chief Executive Officer Ron Johnson called a key centerpiece in the company's transformation.
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BCS

BCS Bowl Games 2011 Gifts List

The BCS bowl game schedule has been released and led to what will likely be weeks of arguments about the national championship game rematch and other apparent mishaps.
Oil

Rising Oil Prices: The Next Big U.S. Economic Concern

Of paramount concern is the fact that oil prices have jumped so high with the global economy in such doldrums. That means if the economy gets moving, oil prices will only go higher. And if the U.S. economy continues to slowly and steadily improve as it has recently, demand will slowly and steadily increase.
Raj Rajaratnam at sentencing

Hedge Funds Getting It From All Sides... Or Not

To hear it from one side, private equity and hedge fund managers are under a veritable siege: under attack from politicians, regulators, an ornery market and uneasy clients. But the hedge fund managers themselves seem to be saying all is good in Greenwich.
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Was Model Lauren Scruggs' Tragic Accident the Pilot’s Fault?

Model and fashion blogger Lauren Scruggs, 23, is responsive and making a slow recovery after suffering severe injuries to her face, shoulder and left hand caused by accidentally walking into a small airplane propeller. Aviation Consultant John Nance thinks, Kurt Richmond, the pilot may have been at fault.

What Does New York's Medicare-Medicaid Integration Mean for MCOs?

New York State's Medicaid Redesign Team (MRT) recently published its final recommendations to the New York State Dept. of Health, proposing a model that would fully integrate Medicaid and Medicare services for those eligible for both programs (dual eligibility).
Andrew Cuomo

A New Yorker's Opinion: Albany Tax Plan's Debt to Occupy Wall Street

The long shadow of Occupy Wall Street fell across the New York Legislature Tuesday, when its leaders and Gov. Andrew Cuomo agreed to changes to New York State's income tax, which will cut rates for many in the middle class, while adding a new bracket for those making over $2 million a year. And we, the middle class, owe that rag-tag group of small-d democrats our gratitude.
Andrew Cuomo

A New Yorker's Opinion: Albany Tax Plan's Debt to Occupy Wall Street

The long shadow of Occupy Wall Street fell across the New York Legislature Tuesday, when its leaders and Gov. Andrew Cuomo agreed to changes to New York State's income tax, which will cut rates for many in the middle class, while adding a new bracket for those making over $2 million a year. And we, the middle class, owe that rag-tag group of small-d democrats our gratitude.
Foreclosure sign

Occupy Wall Street Helps Family Occupy a Foreclosed Home

Occupy Wall Street protesters joined elected officials and community organizations on Tuesday in a march intended to highlight the human toll of the housing crash in East New York, culminating in placing a recently evicted family in a foreclosed upon home.
Graphics of new Amazon Kindle tablets seen at news conference in New York

Amazon's Advertising Push Gains Steam

Amazon.com Inc is known as the world's largest online retailer, but the company is aggressively expanding in online advertising, putting it on course for a clash with Google Inc, the leader in the space.

Second Avenue Subway Construction Starts Up Again

The MTA has resumed operations on the Second Avenue subway project Monday evening. After taking two weeks off of the project, because residents complained about the noise, dust and odors that the construction produces.
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New York Votes Tossed Out in 2010: New York University Study

Last year saw a record number of discarded votes in New York elections--60,000 in total. The main culprit, apparently, was poorly designed ballots that let people vote for more than one candidate in a contest, according to a New York University study..

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