Sprint Nextel face lawsuit for tax fraud in the state of New York (Photo : Reuters)The image is the facade of a Sprint store. Sprint Nextel is currently facing a lawsuit in the State of New York for charges that the telecoms company did not collect or pay millions of dollars worth of taxes for its cellular phone service.
Tags: New york
VC reached US$1.3 billion in New York
Venture capital reached US$1.3 billion in New York. Venture capital fundraising in New York reached US$1 billion. This figure was for the first half of the year.
New York, DC Merrill Lynch hires rival Morgan Stanley advisers
Merrill Lynch offices in New York and Washington D.C. hired advisers from rival, Morgan Stanley. Bank of America Corp's Merrill Lynch hired veteran brokers from its rival, Morgan Stanley Wealth Management.
CIT provides funding again for Garrison Investment Group worth US$42 Million
CIT Group Inc served as Lead Arranger in US$42 million worth financing for Garrison Investment Group.
Blackstone Expands by Lending US$5 Billion worth Houses to Landlords
Blackstone Group LP would expand its business by lending US$5 billion worth of distressed houses to landlords.
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American Realty Capital New York Recovery REIT buys property worth US$220.3 million from SL Green Realty Corp.
Confie Seguros bought two insurance firms located in New York. (Photo : Reuters)This image shows a view of New York City ABRY Partners' portfolio company Confie Seguros announced on Monday that it purchased two insurance companies.
Empire State Building owners received two unsolicited offers to buy the iconic building for US$2.1 billion and US$2 billion.
A pending bill in the New York Assembly endangered Tesla's New York operations. Tesla Motors Inc. , Elon Musk's electric car manufacturer, stated that the New York's Assembly has set asie a bill that could potentially shut down its New York business.
Intercontinental Exchange Inc and NYSE Euronext has officially merged into a $20 billion worth company after their respective shareholders unanimously approved the deal on Monday.
According to findings by the NY Atty General's office, banks have violated the servicing standards agreement for foreclosures agreed upon last year.
Less than four months after new technology company SocialFlow Inc moved from the fashionable digs it shared with six other firms in Manhattan's chic Meatpacking District, it is again looking for more office space.
