US stocks slip on earnings, slow growth
NEW YORK — Stocks are slightly lower in afternoon trading after the U.S. said economic growth slowed more than expected in the summer. Earnings reports came in mixed, with companies including Buffalo Wild Wings and camera maker GoPro plunging after weak results. THE SCORE: Stocks have been lower all day, but they’ve held onto most […]
Global tensions can’t dent enthusiasm for stocks
A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank’s finances look shaky. And the U.S. stock market’s response? After dipping briefly on the bad news, it climbs higher. The market’s resilience this year — which has pushed it to a series of records […]
US stocks drop; Citi and other big banks fall hard
NEW YORK — U.S. stocks edged lower in afternoon trading with bank stocks leading the way down. Stocks opened higher Monday but soon fell after an hour of trading. Cautious comments from the head of the European Central bank soured any hopes the ECB would find a resolution to Europe’s debt crisis anytime soon. Morgan […]
Stocks rise sharply on solid corporate earnings
Stocks rose sharply early Friday after several big U.S. companies reported solid third-quarter earnings. The Dow Jones industrial average jumped 200 points. Fast-food giant McDonald's Corp. rose 3.3 percent, the most of any stock in the Dow ...
Stocks jump as Bernanke opens door to new stimulus
NEW YORK CITY — Stocks jumped Wednesday as Federal Reserve chairman Ben Bernanke opened the door to more action to stimulate the economy. In testimony before congress, Bernanke said the Fed would consider several options to get the economy going again.
US stocks plunge on European debt worries
NEW YORK CITY — Stocks plunged Monday after warnings about the finances of several European countries stoked fears that the region's debt crisis is worsening. The euro dipped briefly to its lowest level against the dollar in two months.
Stocks slide after unemployment claims jump
NEW YORK CITY — Renewed worries about the health of the job market drove stocks lower Thursday after the government reported an unexpected jump in unemployment claims. The Labor Department said that first-time claims for unemployment ...
Stocks plunge as Japan nuclear crisis worsens
NEW YORK CITY — Stocks plunged Tuesday, sending the Dow Jones industrial average down almost 300 points at the opening, as the nuclear crisis in Japan intensified following a deadly earthquake and tsunami.
Stocks turn mixed as lift from tax cuts fades
NEW YORK CITY — Stocks are turning mixed after three straight weeks of gains as momentum fades about a freshly signed tax-cut package. Major indexes are mostly lower in midday trading Monday, giving up earlier gains.
Stock sales help offset bailout losses
WASHINGTON, D.C. — Stock sales are helping the government offset projected losses from its $700 billion rescue of the financial system. The Treasury Department has brought in $35 billion ...
Jump in holiday retail sales pushes stocks higher
NEW YORK CITY — Stocks extended a rally Wednesday on signs that consumers are spending more this holiday season. Major retailers reported stronger sales for November in the latest encouraging signal on the economy. Stocks added to their gains in mid-morning trading ...
Stocks fall amid questions about Fed plan
NEW YORK CITY — Stocks slid Wednesday as concerns grew over whether the Federal Reserve's plans to buy Treasury bonds might be smaller and slower than anticipated. Another day of mixed earnings and economic reports ...
Case Digests
- NYS Advisory Committee on Judicial Ethics – Review of another judge’s actions: Opinion 22-153
- NYS Advisory Committee on Judicial Ethics – Charitable contributions: Opinion 22-150
- Second Circuit – Class action settlement: Moses v. The New York Times Company
- Fourth Department – Breach of contract: Hausrath Landscape Maintenance Inc. v. Caravan Facilities Management LLC
- Second Circuit – New York Child Victim’s Act: Kane v. Mount Pleasant CSD; Coe v. Eastport Union Free School
- NYS Advisory Committee on Judicial Ethics – Appointing law clerk: Opinion 22-149
- Fourth Department – Bill of particulars: Harris v. Rome Memorial Hospital, et al.
- NYS Advisory Committee on Judicial Ethics – Accusations against co-judge: Opinion 22-148
- Fourth Department – Medicaid: Washington Center for Rehabilitation and Nursing Home v. NYS Dept. of Health
- Fourth Department – Criminal possession of a firearm: People v. Wilson
- Fourth Department – Promoting prostitution: People v. Watts
- Second Circuit – Class certification: Arkansas Teachers Retirement System V. Goldman Sachs Group Inc.
Law News
- Fourth Department affirms $400K judgment in contract dispute
- Could legislation limiting non-compete agreements kick off a new era of workplace disputes?
- Fourth Department affirms decision in NY property dispute
- Greenlight Networks selects Buffalo-based attorney as general counsel
- Barclay Damon hires attorney Matt Smith
- Rochester man sues Geneseo police, alleging false arrest, assault
- The Daily Record’s Power List for Intellectual Property 2023
- NY ethics panel says judges can join NRA