Morgan Stanley: Bitcoin May Actually Be Worth $0Morgan Stanley executive director James Faucette has reportedly sent a memo to his group's clients that suggested the true value of Bitcoin was $0.00.
Ebola, Other Worries May Have Contributed To Rough Day On Wall Street Stocks were deep in the red again on Wednesday, although they did rebound from a mid day swoon. At the closing bell the Dow was down 173 points at 16,141. Earlier in the day it had dipped below 16,000 for the first time since February.
Food Truck Vendors Pushed Off 47th Street In MidtownThe law has caught up to some Midtown food truck vendors, and it means some New Yorkers will not be able to get their favorite cheap lunches anymore.
Citigroup To Cut More Than 11,000 JobsCitigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce of 262,000.
All Charges Dropped Against Darien Banker Accused Of Assaulting Cab DriverThe Darien resident was accused of cutting the driver's hand with a pen knife after refusing to pay the $204 fare from Manhattan to Darien last December.
CT Banker Faces Assault Charge As Hate Crime After Cab Ride Home From ManhattanWhen William Bryan Jennings, an executive with Morgan Stanley, hopped into a cab in Manhattan, he instructed the driver to take him to his home in Darien. But when they arrived, the cabbie set a very high price for the trip.
New York State Attorney General Eric Schneiderman Probing Banks' Role In Mortgage CrisisSchneiderman is seeking records from three major Wall Street banks as part of a broad investigation into the mortgage crisis that fueled the recession.