Air France-KLM looked set to seal an alliance with Alitalia as rival Lufthansa backed away from taking a minority stake in the revamped Italian airline on Thursday after a three-month battle. Echoing earlier remarks by Italian Prime Minister Silvio ...
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BUFFALO, N.Y. — An 82-year-old businessman was charged Thursday with running a Ponzi scheme that took in at least $17 million from a clientele gleaned largely through ads in Catholic newspapers. Richard Piccoli of suburban Buffalo declined to ...
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RBS, the biggest bank to be controlled by the UK government after a 20 billion pound ($30 billion) bailout, said it is “examining” its $2.8 billion Bank of China stake as part of a companywide review initiated last quarter. Bank of China, the ...
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NEW YORK, Jan 8 (Reuters) - Shares in New York cable operator Cablevision Systems Corp rose more than 15 percent on Thursday after it said one of its units is planning a $500 million note offering to pay down its due debt. CSC Holdings Inc, a unit of ...
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NEW YORK - The many Bernard Madoff investors who withdrew money from their accounts over the years are now wrestling with an ethical and legal quandary. What they thought were profits was likely money stolen from other clients in what prosecutors are ...
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Story highlights Commercial banks borrowed more, while investment firms drew less over the past week from the Federal Reserve's emergency lending program. The Fed report, released Thursday, showed commercial banks averaged $87.9 billion in daily ...
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Lin-Manuel Miranda (center) leads "In The Heights." NEW YORK — "In the Heights" is now in the black financially. The Tony-winning musical celebration of Latino life in an upper Manhattan neighborhood has recouped its $10 million production costs ...
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