School bus drivers in the largest U.S. public school system, New York City, are on strike for a second day Thursday, leaving more than 150,000 students looking for alternative transportation to get to class. Eight thousand unionized bus drivers walked off the job on Wednesday, taking to the picket lines to dramatize their demand for […]
New York City School Bus Drivers on Strike
Posted January 17th, 2013 at 1:20 am (UTC-5)
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New York Stock Exchange, Icon of US Capitalism, Is Sold to Upstart
Posted December 20th, 2012 at 3:15 pm (UTC-5)
An upstart competitor is buying the venerable New York Stock Exchange, long the symbol of robust American capitalism. The owner of the 220-year-old New York exchange, NYSE Euronext, said Thursday it has agreed to an $8.2 billion deal to sell the iconic Wall Street fixture to IntercontinentalExchange. The 12-year-old Atlanta-based bourse focuses on trading future […]
Life in Prison for Failed New York Subway Bomber
Posted November 16th, 2012 at 7:15 pm (UTC-5)
A federal court in New York City Friday sentenced an al-Qaida member to life in prison for a failed plot to carry out suicide bombings in the city’s subway in 2009. Prosecutors say Adis Medunjanin and his accomplices were just days away from carrying out their plans before federal agents foiled the plot. Authorities also […]
New York Transit System to Let Muslim, Sikh Workers to Wear Headcoverings
Posted May 30th, 2012 at 8:55 pm (UTC-5)
New York City’s transit system will let Muslim and Sikh employees wear turbans and headscarves in public as part of a settlement of a federal lawsuit. Muslim and Sikh bus and subway workers sued the agency when it ruled after the September 11th attacks that they must wear the agency logo on religious headwear or […]
Jury Convicts Bosnia-Born Muslim in Plot to Bomb New York Subway
Posted May 1st, 2012 at 6:55 pm (UTC-5)
A federal jury has convicted a Bosnian-born man of attempting to bomb New York City’s subway in 2009 for al-Qaida. Adis Medunjanin faces life in prison when he is sentenced on September 7. The jury found him guilty of nine counts of terrorism, including plotting to kill American soldiers in Afghanistan and consorting with al-Qaida. […]
Jury Convicts Bosnia-Born Muslim in Plot to Bomb New York Subway
Posted May 1st, 2012 at 3:50 pm (UTC-5)
A federal jury has convicted a Bosnian-born man of attempting to bomb the New York City subway in 2009. Adis Medunjanin could spend the rest of his life in prison when he is sentenced in September. The jury found him guilty of all nine counts of terrorism. Medunjanin’s attorneys told the court that he backed […]
NYSE, Deutsche Boerse Set to Merge
Posted July 14th, 2011 at 1:20 pm (UTC-5)
The New York Stock Exchange is one step closer to getting a European owner. Deutsche Boerse shareholders Thursday approved a proposed $10 billion merger with the New York exchange’s parent company. NYSE Euronext shareholders approved the deal last week. The new company would become the world’s largest stock exchange operator, running exchanges in Paris, Lisbon, […]
