02Logo WFAN 1010WINS WCBS tiny WLNYLogo
Dow Jones Average Passes Its All Time High (credit: Spencer Platt/Getty Images News)

Dow Jones Industrial Average Closes At All-Time High

The Dow closed at an all-time high Tuesday, beating the previous record it set in October 2007, before the financial crisis and the Great Recession.

2013/03/05

The subway on Nov. 1, 2012. (credit: Jesse Zanger/CBSNewYork.com)

Cost Of Public Transportation Going Up, MTA Bus And Subway Fares Increase At Midnight

Subways and buses will now cost at least a quarter more _ $2.50 with a MetroCard and $2.75 for a single ride. Express buses are going up to $6.

2013/03/02

A home destroyed by superstorm Sandy on the beach in Bell Harbor, Queens - Jan. 2, 2013 (credit: Spencer Platt/Getty Images)

Belle Harbor Businesses Still Struggling After Sandy

Belle Harbor, Queens was one of the New York City neighborhoods hit particularly hard by superstorm Sandy. For the businesses there, coming back has been and continues to be a struggle.

2013/02/28

People walk down the street in SoHo during the fourth annual Fashion Night Out on September 6, 2012. (credit: Spencer Platt/Getty Images)

Troublemakers, Low Profits Prompt Cancellation Of ‘Fashion’s Night Out’

The party is over for an event that blended shopping and champagne, fashion and celebrities in New York City.

2013/02/27

The keyboard of an Apple laptop. (credit: CBS)

Survey: Many Older Workers Not Planning On Retiring Soon, If At All

A new survey Tuesday indicated that many people approaching retirement age have no intention of stopping working.

2013/02/27

NYC Taxi  (file/credit: Chris Hondros/Getty Images)

Yellow Cab Owners Fight Back Over Lawsuit Against ‘Virtual Hail’ Apps

Two groups representing livery cab drivers filed suit earlier this month arguing that the virtual hail apps violate a law that prevents yellow cab drivers from setting up prearranged rides with passengers.

2013/02/27

Camera (file / credit: clipart.com)

DKNY, Photographer Settle After Store Uses ‘Humans Of New York’ Photos Without Permission

The DKNY fashion label is making a charitable donation, after the photographer behind the popular “Humans of New York” project discovered that the label had used his photos without permission in a Bangkok store.

2013/02/26

A Fung Wah bus rolls into Chinatown on Feb. 25, 2013. (Photo: CBS 2)

US DOT Orders Fung Wah Bus To Immediately Cease Passenger Service

Amid growing safety concerns over its fleet, US Department of Transportation Officials ordered Fung Wah Bus Transportation Inc. to immediately suspend its service.

2013/02/26

(file / credit: Chris Hondros/Getty Images)

Comptroller DiNapoli: Wall Street Bonuses To Rise To $20 Billion

Wall Street cash bonuses for 2012 are expected to rise 8 percent to $20 billion, partly driven by deferred payments from prior years, New York’s state comptroller said Tuesday.

2013/02/26

Swedish meatballs with lingenberry jam sold by Ikea. (Ikea.com February 25, 2013)

Horse Meat Found In IKEA’s Swedish Meatballs In Europe

Swedish furniture giant Ikea was drawn into Europe’s widening food labeling scandal Monday as authorities said they had detected horse meat in frozen meatballs labeled as beef and pork and sold in 13 countries across the continent.

2013/02/25

(credit: Bruno Vincent/Getty Images)

New Jersey Gaming Attorney Sees Online Gambling Coming Soon

The governor of Nevada has signed a bill legalizing online gambling there and one New Jersey gaming attorney and consultant believes it will happen in the Garden State, too.

2013/02/22

Public Advocate Bill de Blasio discusses "borough bias" outside City Hall - Feb. 21, 2013 (credit: Alex Silverman / WCBS 880)

De Blasio: City Inspectors Taking Advantage Of Outer Borough Small Business Owners

“We talk openly about sexism or racism. This is boroughism,” Public Advocate Bill de Blasio said at City Hall on Thursday. “This is clear bias according to borough.”

2013/02/21

The Revel casino is seen from the boardwalk in Atlantic City (file / creidt: Dough4872 via Wikipedia)

Atlantic City’s Revel Casino Already Filing For Bankruptcy

Less than a year after opening, the Revel casino and hotel in Atlantic City has announced it is filing for chapter 11 bankruptcy next month.

2013/02/20

These were the prices at one station along the Hutchinson Rover Parkway on Feb. 20, 2013. (Photo: CBS 2)

Sen. Schumer: Break Up Big Oil Companies So Gas Prices Come Down Quicker

It’s been sticker shock at the gas pumps for more than a month. Almost daily, there have been price hikes, adding 45 cents to the cost of each gallon. But are our elected officials willing to do something about the skyrocketing prices?

2013/02/20

We Are Made In NY (credit: City of New York)

NYC Launches New Campaign To Get Word Out About Tech Startup Initiative

New York City is set on becoming a haven for high-tech startups, and officials are taking new steps to make sure everyone knows it.

2013/02/19

Photo Galleries
Jason Blatt of Knight Capital Americas (Photo credit: Stan Honda/AFP/Getty Images)

A Look At The Faces Of Traders On Wall Street

World’s Richest People

Now that’s rich! While some may still be pinching pennies here are some people where the words “economic crisis” don’t seem to apply. These are the 10 richest people in the world, according to Forbes.

Photo/Marla Diamond

PHOTOS: Pop-Tarts World In Times Square

A store honoring the toaster treat is opening Tuesday on 42nd Street between Sixth Avenue and Broadway.

Crime never pays - in the long run that is. After years of embezzling and cooking the books, the scandal surrounding Enron finally broke in Nov. 2001. By December, the company's stocks had tanked and it filed for bankruptcy.

Business Blunders

These are some expensive mistakes! Click through to see some corporate blunders companies still regret.

Barbie's manufacturer started as a picture frame company in Ruth Handler's garage. (Photo by David McNew/Getty Images)

From Rags to Riches

Check out which companies started in garages and as tiny start-ups, and which heavyhitters owe their riches to a lucky break.

More Galleries