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Crain's New York Business

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Is Bank of America in a NY state of mind?

Nov 3, 2009
Bank of America's leaders have long been drawn from the crew who transformed a once-modest North Carolina-based lender into a nationwide institution. Even as those empire builders snapped up rivals from San Francisco to Boston, they kept their megabank...

Estee Lauder fiscal 1Q profit more than doubles

Oct 30, 2009
Estee Lauder said better-than-expected sales of higher-margin new products and lower spending at each of its businesses helped offset weak consumer spending.

CIT Group says CEO Peek plans to resign

Oct 13, 2009
CIT Group Inc., a major lender to small and midsize businesses, said Tuesday its Chairman and Chief Executive Jeffrey Peek plans to resign at the end of the year.

Plaxico Burress Starts 2-Year Sentence

Sep 22, 2009
Former Super Bowl star Plaxico Burress has been sentenced to two years in prison for possessing a weapon at a Manhattan nightclub. The former New York Giants wide receiver was sentenced Tuesday in Manhattan's state Supreme Court. He will be supervised...

Pfizer to pay record $2.3B penalty over promotions

Sep 2, 2009
Pfizer Inc. will pay a $2.3 billion civil penalty in connection with promoting some of its products for medical conditions different than their approved use.

Hedgies are buying stocks like it's 2007

Nov 25, 2009
Hedge fund managers' gorged on stocks last quarter, and were especially long on financials. and#8220;Most bullish leveland#8221; since pre-crash era, Goldman report says.

New wine club launched by New York pros

Nov 25, 2009
Wine and spirits retailer Sherry-Lehmann and author Kevin Zraly jump on a hot trend.

Sarah Palin's book sales top chart

Nov 25, 2009
Former Republican vice presidential candidate's tome beats out James Patterson and Stephen King, according to Nielsen BookScan.

Stocks rise following drop in jobless claims

Nov 25, 2009
Investors eye data that suggest the employment market is slowly healing.

'Coats for Clunkers' aims for nonprofit success

Nov 25, 2009
A handful of New York City retailers put new twist on New York Cares' annual charity coat drive by offering discounts and other incentives to appeal to reluctant shoppers.


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