NBC boss Jeff Zucker is expected to make big cuts on the newsgathering and operational side of the company's news division, including eliminating an entire level of MSNBC's management team, in a bid to save between $20 million and $40 million, The...
IN 2007, America's sky didn't fall, but its roof definitely leaked. The big nationwide real-estate story was the swift and total collapse of the subprime market, which provided loans to more than 2 million borrowers - many of whom have already lost...
A giant Greenwich hedge fund continues to get clobbered as volatility whipsaws its computer-generated trading models. AQR Capital Management's flagship fund, the $4 billion AQR Absolute Return fund, dropped an additional 5.8 percent in November...
As a screenwriter, author and husband of a famous actress, David Benioff, 37, is used to operating behind the scenes. So it's no surprise that he credits his wife, Amanda Peet, as the driving force behind the look of their Duane Street loft. "It's...
Debt probe New York Attorney General Andrew Cuomo has sent sub poenas to Wall Street firms seeking informa tion related to the pack aging and selling of debt tied to high-risk mortgages. Yesterday, The Wall Street Journal reported that Merrill Lynch...
Chrysler's CEO Robert Nardelli told employees that the automaker's losses may more than double to $1.6 billion this year, people with direct knowledge of his statements said. Nardelli disclosed the projection at meetings this week, the people said...
Upper West Side $3.295 million What happens when you make eight into seven? Well, if you're talking rooms, as in this "palatial" renovated corner co-op, the numbers add up just right. The result here is a "fabulous" layout with three bedrooms and...
Facebook's founder and CEO Mark Zuckerberg posted a lengthy apology on the Web yesterday in an effort to make up with legions of members who say the social networking site's new advertising system violates their privacy. In response to the...
TOMORROW'S employ ment report isn't likely to be nearly as strong as last month's - and that'll be a big relief to the Federal Reserve. Under normal circumstances the Fed, like everyone else, would be rooting for the employment figures to show...
Cable stocks came under pressure yesterday as industry leader Comcast said it will add fewer subscribers this year than originally anticipated and sales will come in lower than expected. The company said 2007 cash flow will drop by 20 percent, not...
Ford Models, the iconic modeling and management agency whose roster has boasted leggy starlets from Cheryl Tiegs to Lindsay Lohan, has sold a stake in itself to hedge fund Stone Tower Capital. The deal will allow Katie Ford to partially cash out of...
Steven Spielberg is looking for some ET (as in extra territory) surrounding his East Hampton estate. Sources say that the Oscar-winning director and producer is negotiating to buy two properties that are close in proximity to his Georgica Pond...
Chelsea $899,000 Bedrooms: 1 Bathrooms: 1 Square feet: 650 Maintenance: $875 Located on a stretch of 20th Street that TimeOut New York named the city's third most beautiful block, this lovely "treetop oasis" with a private 400-square-foot roof...
Karl Rove, the controversial and long-time senior adviser to President George W. Bush, is shopping a memoir in an auction that will kick off today and likely result in a seven-figure payday. "It will sell for millions, but how many millions is the...
