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Empire State Building Owners Plan to Form Public Company

The Empire State Building sits between the Bank of America building and the Chrysler Building at sunset in New York
The Malkin family, the New York landlords who own the Empire State Building, plan to file to become a publicly traded real estate investment trust (REIT) in around three months, it said in a Securities and Exchange Commission filing.
Galaxy Nexus

Verizon Galaxy Nexus LTE: No-show Pushes Fans Away

For Apple customers the disappointment of getting an iPhone 4S instead of a 5 was much like ripping off a Band Aid. The announcement came (on time) it was quick, painful and then people got over it. Verizon Galaxy Nexus fans; however, have taken one blow after another and still no official announcements have been made about the phone's release, which is causing loyal customers to look elsewhere.
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British recording artist Elvis Costello arrives at the 2011 MusiCares Person of the Year tribute honoring Barbra Streisand in Los Angeles, February 11, 2011.

Elvis Costello Says Buy Louis Armstrong, Not Me

British singer-songwriter Elvis Costello has told fans not to buy a pricey limited edition box set of his music on sale next month, recommending they purchase some Louis Armstrong instead.
Infosys

Infosys Profit, Revenue Estimates Revised by Susquehanna

Susquehanna Financial has revised its profit and revenue estimates of software major Infosys Ltd. (NASDAQ:INFY), following a statement from S.D. Shibulal, its Chief Executive Officer (CEO) that the demand environment, which started to deteriorate 45 days ago, has yet to recover.
Supermarket

Government Fails to Break Deadlock on Retail Reform

Prime Minister Manmohan Singh failed to break an impasse with opposition parties and his own political allies demanding a rollback of a reform allowing foreign supermarket giants to enter the country's $450 billion market.
Petrol

Petrol Prices May be Cut by a Rupee - Source

The state refiners could cut petrol prices by an approximate price of Re. 1 per litre (or 1.5 percent), as softening Singapore spot gasoline prices have offset the impact of a declining rupee, an industry source said on Monday.
Director and Chief Executive Officer of Activision Blizzard Robert Kotick speaks at the Reuters Global Media Summit in New York

Activision's 'Skylanders' May Face Retail Shortage

People looking for Activision Blizzard's (ATVI.O) new children's game Skylanders this holiday season may be out of luck after the game sold better than expected, the video game maker's top executive said on Monday.
Traders work on the floor of the New York Stock Exchange

Wall Street Ends 7-day Slide

Stocks rebounded from seven days of losses on Monday as investors used the latest effort from European leaders to resolve the region's debt crisis as an opportunity to cover short positions.
Galaxy Nexus

Verizon Galaxy Nexus Leak: Pre-Orders Start Tuesday

Verizon Galaxy Nexus rumors and puzzling Best Buy ads have left fans in the U.S. confused and frustrated about the phones release date, but Computer World claims to have finally found a credible source who leaked that pre-orders for the phone will start on Tuesday.
ANZ Survey: August Dipping Job Ads Signal Soaring Unemployment in Months Ahead

Modest Job Gains Expected in Early 2012

The past Black Friday weekend saw record breaking sales figures as consumers are feeling more comfortable to purchase again. Job market outlook for early 2012 could provide another gentle boost to consumer spending, which accounts for as much as 70 percent of all U.S. growth.
Greene

Manhattan's 60 Greene Retail Sold for $10.35 Million, 57-63 Greene Close to Deal

A retail space at 60 Greene Street in Manhattan's Soho neighborhood has sold for $10.35 million, according to New York City records, one of two recent deals that cement the street's reputation as a desirable retail strip. Across the street, 57-63 Greene's retail condo is close to a deal, according to David Schechtman of Eastern Consolidated, one of the listing brokers.
Chevy Volt

GM Chevy Volt Fiasco: Are Electric Cars Safe?

At a time when electric cars are beginning to steal the limelight from their gas-eating rivals, a new finding from the National Highway Traffic Safety Administration (NHTSA) over General Motors' (NYSE:GM) electric vehicle, Chevrolet Volt, may likely question the safety of electric cars.

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