Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Union Strike at New York Chemical Plant Enters 4th Week
Nov 28 2016 // A strike by hundreds of union workers at an upstate New York chemical plant is now into its fourth week. Some 700 members of an IUE-CWA local walked off the job earlier this month at Momentive Performance Materials in the...
Security Measures to be Reviewed After Panic at New York’s JFK Airport
Nov 23 2016 // Poor communication among police, private security and other personnel contributed to a mass panic that erupted at a New York City airport when loud cheers for Usain Bolt somehow led to a false report of gunshots, according...
Exxon Climate Judge Orders ‘Unprecedented’ Questioning
Nov 21 2016 // A federal judge in Texas is giving Exxon Mobil Corp. an unprecedented chance to question a state law-enforcement officer who is investigating whether the energy company hid damaging data about climate change from...
Personnel Announcements
Nov 21 2016 // Global insurance brokerage Hub International Northeast Limited (Hub Northeast) has hired Timothy McNulty as an assistant vice president in its employee benefits division. In this role, McNulty will be based in the...
Trump Settles University Fraud Claims for $25 Million, Avoids Trial
Nov 20 2016 // President-elect Donald Trump agreed to pay $25 million to settle claims that his defunct Trump University cheated more than 6,000 students with false promises of teaching them his real estate secrets. The accord, announced...
New York Attorney General Concerned Trump May Gut Anti-Fraud Law
Nov 18 2016 // New York’s top law enforcement official said he does not want U.S. President-elect Donald Trump’s administration to “eviscerate” the state’s anti-fraud law that has dropped a hammer on Wall...
Regulators Look to State Laws as Republicans Move to Change Dodd-Frank
Nov 17 2016 // State securities regulators said they may have to rely more heavily on local laws to police banks and finance companies if President-elect Donald Trump and a Republican-controlled Congress roll back federal reforms...
Platform Barriers Eyed Amid Spate of New York City Subway Deaths
Nov 17 2016 // A member of the board that oversees New York City’s transit agency has asked it to give more thought to adding safety barriers on subway platforms. Forty-four people have been killed by trains in the city this year,...
XL Catlin Hires Huber in New York
Nov 17 2016 // XL Catlin has appointed Barry G. Huber as its global practice leader for political risk and trade credit claims. This move comes as the firm works to continue building out its political risk and trade credit insurance...
Report Finds New York Officials Aware of Soil Contamination Since 1987
Nov 15 2016 // State officials first uncovered evidence of contaminated soil in parts of an upstate New York city about 30 years ago, but didn’t officially warn residents until last month. An investigation by the Democrat &...
Chubb Appoints Reiss as Executive Vice President in New York
Nov 15 2016 // Chubb, the world’s largest publicly traded property and casualty insurance company, has appointed Steven Reiss as executive vice president and real estate and hospitality industry practice leader. He will be based in...
Exxon Adds New York to Suit in Bid to Stop Climate Change Probe
Nov 14 2016 // Exxon Mobil Corp. sued New York Attorney General Eric Schneiderman to stop his investigation into what the company knew about climate change. The oil giant on Thursday revised a lawsuit it filed in June against...
Massive Fire Engulfs Building at Former New York Steel Mill Site
Nov 10 2016 // A major blaze is burning at the former Bethlehem Steel site outside Buffalo. Firefighters responded around 7:30 a.m. Wednesday to reports of a fire at the industrial site in the city of Lackawanna, just south of...
NYSIF Creates Producers’ Advisory Council, Appoints 3 from IIABNY
Nov 10 2016 // The New York State Insurance Fund (NYSIF) has created a producers’ advisory council and appointed three Independent Insurance Agents & Brokers of New York (IIABNY) members to serve on the council. Jack Smith,...
Home-Share Site Airbnb Loses Round in Fight Against City Regulations
Nov 9 2016 // Airbnb Inc.’s claim that it’s just a conduit for user-generated content was rejected by a judge who said the company may not be able to duck a San Francisco law punishing it when hosts book units that...
New York Subway Escape Alcoves Probed After Accident Killing Worker
Nov 7 2016 // A subway train struck two workers in a tunnel early Thursday, killing one and injuring the other, and investigators are looking at whether there’s enough room in the escape alcoves along the tracks. A federal...
Greenberg’s Starr Returns to Court Seeking Damages Over AIG Bailout
Nov 7 2016 // U.S. lawyers on Friday urged an appeals court to bless the federal government’s $85 billion bailout of American International Group Inc. At the same time, attorneys for Maurice “Hank” Greenberg are asking...
Goldman Sachs, Paulson Settle Fraud Claims by Bond Insurer Over Subprime CDO
Nov 6 2016 // Goldman Sachs Group Inc. has settled a 2011 lawsuit claiming the investment bank fraudulently induced a bond insurer to guarantee payments on the doomed Abacus collateralized debt obligation ahead of the financial...
New York Man Sentenced for Setting Fire to Business
Nov 4 2016 // The last of three New York men who set fire to a business belonging to one of the men’s father has been sentenced to more than three years in prison. Prosecutors say 51-year-old Christopher Gorman of Buffalo had been...
QBE North America Hires Owens in New York
Nov 3 2016 // QBE North America, the New York-headquartered division of QBE Insurance Group Limited, hired Carla Owens as senior vice president of operations for its specialty business group. Based in New York City, Owens will report to...
