Daily News Channel
Federal prosecutors are seeking the forfeiture of Bernard Madoff’s four homes and other assets after Madoff’s guilty plea to masterminding a massive investment fraud. Madoff is in jail at the Metropolitan Correctional Center in lower Manhattan after pleading guilty to operating on the largest Ponzi schemes in history.
The long-running Carlos Tevez affair was finally brought to a close on Monday as West Ham and Sheffield United reached an out-of-court settlement. West Ham will be paying second-flight United an undisclosed compensation fee to settle the dispute.
When you’re eight months pregnant, it’s hard to find a good interview suit. But a burgeoning belly didn’t stop Nicole Young, 33, from hitting the job circuit this fall. Her husband, who works on the floor of the New York Stock Exchange, has seen his income shrink along with the Dow
On the northern fringe of Singapore, overlooking the slate gray waters of the Johore Strait, the public-housing project where Anthony Fulwood lives is so far from the city’s affluent expatriate enclaves that cabdrivers are stunned when he announces his address. ” ‘For God’s sake, why do you live there?’ they regularly ask me,” says Fulwood. ” ‘You’re white!’ ” Fulwood isn’t the only Western expatriate to take up residence in the cheaper peripheries of this Southeast Asian city.
The owner of a Nebraska car dealership and two executives were in police custody facing theft charges Thursday after 81 cars were taken from the dealership’s lot, authorities said. Alan Patch, 52, the owner of Legacy Auto Sales in Scottsbluff, Nebraska, was being held in Tooele County, Utah, Scottsbluff police Capt
The world economy may be going to hell in a handbasket, but you wouldn’t know it in Maria Irece da Silva’s tiny cosmetics store in the impoverished favela of Jardim Carumbé. “The rich talk about the crisis but the poor don’t mention it,” says Da Silva, whose business — helping women look good in a country where style always trumps substance — is booming. Not even the worst recession in memory has stemmed the flow of shampoos, lipsticks and nail varnish from the shelves of her tiny beauty-aids store.
An Alabama man went on a shooting spree Tuesday, killing 10 people — family members and apparent strangers — before turning the gun on himself, officials said. By the time Michael McLendon ended his rampage, he had fatally shot his mother and set fire to her house, killed his grandparents, his aunt and uncle, the wife and child of a sheriff’s deputy, and three other people, according to the coroners of the two counties that the shooting spanned. “He was shooting at just ordinary people going about their business,” said Alabama state Sen
Watching the ABC reality dating show The Bachelor has been a guilty pleasure for Kimberley Kennedy for a while now. “I can’t stop watching it,” admits Kennedy, who hosts her own show, Hot Topics, on the ABC affiliate in Atlanta
“I’m very, very sorry to say that my business is skyrocketing,” the personal-finance guru Suze Orman said one late January afternoon. The Dow was down almost 200 points, and Orman was lounging on the terrace of her San Francisco town house, wearing a leopard-print tunic and cowboy boots. She looked up and popped a grape into her mouth
“We are just deeply sorry.” That’s all E.W. Scripps Co.’s Cincinnati, Ohio–based executives could mumble last week in closing Colorado’s oldest company, the 150-year-old Rocky Mountain News. In shuttering an operation sprung in 1859 from a gold-mining camp just blocks from its downtown Denver home, Scripps directly or obliquely blamed everything — the economy, the Internet, demographics — and everybody — Denver Post panjandrum William Dean Singleton, ignorant consumers, bloggers — for the diminished tabloid’s demise