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Jury awards $47.8 million in NYC crane collapse civil case

NEW YORK- A New York City jury on Thursday awarded $47.8 million to the families of two men killed in 2008 when a construction crane collapsed. The jury ordered James Lomma, the owner of the crane, and his companies to pay $32 million to the family of Ramadan Kurtaj and $15.8 million to the family of Donald Leo. In the May 2008 collapse on Manhattan's Upper East Side,...
Source: The Associated Press
CNBC update: Small plane crash kills 2  

A small plane crash in Milwaukee kills two and billionaire investor John Paulson donates over 8 million to NYC charter schools, reports CNBC's Sue Herera.
Source: CNBC.com
Hedge fund mogul Paulson donates $8.5 mln to NYC charter school

The gift to Success Academy marks the 59- year old hedge fund manager's second multi-million dollar pledge to a school in two months, following a record $400 million donation to Harvard University in early June. Some of the money will be used in part to open two new middle schools next month, raising the total of schools run by the network to 34, Success Academy...
Source: Reuters | By: Svea Herbst-Bayliss
CME's Duffy: Rate move impact will be dramatic  

Discussing the Fed's rate policies, and the NYSE halt, with Terry Duffy, CME Group Pres. & Executive Chairman.
Source: CNBC.com
NYC property market still hot even as private equity exits

NEW YORK, July 30- The private equity and other pooled funds that have made century-old buildings some of the hottest properties in Manhattan have been cashing out at double the rate of a few years ago, but strong buying from other investors has assuaged fears that the market is peaking. The arrival of Apple Inc, Facebook Inc and Google Inc over the past decade has...
Source: Reuters | By: Herbert Lash
Dozens sickened amid 'unusual' outbreak in NYC

An outbreak of a bacteria that grows in warm water has left 31 sickened and two dead in New York City.
Source: CNBC.com | By: Zack Guzman
The GOP's real pickle: If/when Trump bows out

The only thing more difficult for Republicans than a Donald Trump in the race may be a Trump who's no longer in the race.
Source: CNBC.com | By: Daniel Libit
Carpool service 'Via' hits NYC  

Via is a carpool service available weekdays in New York City. Discussing how the ride-sharing company works, with Daniel Ramot, Via CEO.
Source: CNBC.com
How to cash in on airport overhauls: Expert

LaGuardia is publicly owned, but investors can buy shares of firms that manage transportation hubs abroad, a fund manager said.
Source: CNBC.com | By: Jacob Pramuk
Correction: Airport-Animal House

NEW YORK- In a story July 20 about an animal terminal that is under construction at New York's Kennedy Airport, The Associated Press, based on information from a project spokesman, reported erroneously that the facility will include a veterinary clinic run by Cornell University. Instead, Cornell veterinarians serve as expert consultants and would be...
Source: The Associated Press