New York

Facebook to go on hiring spree

Facebook said it is expanding its New York operations by opening an engineering office in the city next year, the company’s first such facility situated on the East Coast.

Living donor passes HIV infection to kidney transplant patient

Although routine screening of organ and tissue donors for anti-HIV antibodies was implemented in North America in 1985, a recent case reported in New York indicates that a definite though very small, risk of HIV transmission still persists.

The Best 11 Predictions for 2011

 The end of the year is approaching, which means that everyone is busy making guesses about what next year will bring. Rather than crank up the pandemonium further with new predictions of my own, I thought I'd cull some of my favorite predictions from around the investment world (and beyond).

 

2 Brilliant Ideas for Ben Bernanke

 It's not easy being the Fed chairman. Liberals think you're in Wall Street's pocket, tea partiers think you're an elitist dictator ... and pundits everywhere think they can do your job better than you.

 

A Fool Looks Back

A week that started with reports (later confirmed) of layoffs at Yahoo! (Nasdaq: YHOO) ended with the announcement that the struggling dot-com giant was cutting ties with a few of its offerings.

NBA: New York 129, Denver 125

New York -- Wilson Chandler's 3-pointer with 30 seconds remaining gave New York the lead and the Knicks hung on Sunday to defeat Denver 129-125.

Carmelo Anthony's driving dunk with 43 seconds left produced Denver's last tie at 122-122, but Chandler's long-range bullet put the Knicks up for good and handed New York its eighth straight win.

Amare Stoudemire pumped in 30 points and grabbed eight rebounds and Raymond Felton chipped in with 19 points and 17 assists for the Knicks, who have posted their longest winning streak since the 1994-95 season.

Stoudemire's performance made him the first Knick to ever score 30 or more points in eight consecutive games.

Custer's flag sells for $1.9M at auction

New York -- One of U.S. Gen. George Armstrong Custer's battle flags, left on the field of the Little Bighorn by the Indians, didn't win much respect from collectors either.

The cavalry guidon, a military standard, drew a mere $1.9 million, much less than expected, at an auction at Sotheby's in New York Friday, USA Today reported. The price fell below the low-end presale estimate of $2 million, despite predictions it might go for as much as $5 million.

Sotheby's described the flag as a "silk guidon with a field of 13 red and white stripes and a canton of blue with 35 applied gold stars, with a swallow-tail design at free edge; some fraying, splits, and tears; some running of color; staining, including, evidently, blood stains."

This week in college basketball

Washington -- This week in college basketball for USA Today/ESPN Coaches' Poll ranked teams:

Monday

(5) Kansas State 89, Alcorn State 55.

(22) Washington 94, Portland 72.

Tuesday

(4) Kansas 81, (14) Memphis 68 at New York.

(7) Syracuse 72, (8) Michigan State 58 at New York.

(18) Purdue 76, Valparaiso 58.

Wednesday

(1) Duke 83, Bradley 48.

(3) Pittsburgh 70, Delaware State 42.

(6) Connecticut 78, Fairleigh Dickinson 54.

(11) Missouri 85, Vanderbilt 82 (OT).

(12) Villanova 65, Pennsylvania 53.

(15) San Diego State 77, California 57.

(16) Kentucky 72, (23) Notre Dame 58 at Louisville, Ky.

(17) Illinois 74, Oakland 63.

NYC bridge named for former Mayor Ed Koch

New York -- New York City officials announced the 59th St./Queensboro Bridge will be named in honor of former Mayor Ed Koch.

Mayor Michael Bloomberg announced the naming Wednesday at an 86th birthday party for the former official at Gracie Mansion, the New York Daily News reported Thursday.

Koch said he was honored by the naming of the bridge, which he has driven on "hundreds of times, if not more," but conceded it could take a while for the new name to become widely used with the public.

"I hope it will be sooner, but it will probably be 50 years before people refer to it that way," he said.

Copyright 2010 United Press International, Inc. (UPI).

Sarandon, Davis recreate 'Thelma & Louise'

New York -- Susan Sarandon and Geena Davis reunited for a Vanity Fair photo layout to observe the 20th anniversary of their film, "Thelma & Louise," the New York Post said.

The actresses were flown by private jet from a New Jersey airport to shoot the spread at a mansion in Miami last week, the newspaper said.

The photos they took there are expected to appear in an issue of the magazine early next year in connection with the 1991 movie's anniversary, the Post said.

The film, about two friends whose liberating road trip turns into a crime spree, co-stars Harvey Keitel and Brad Pitt.

Sarandon and Davis were both nominated for the best actress Oscar and Ridley Scott was nominated best director. Callie Khouri won the Oscar for best original screenplay.

124 to compete in Dreidel Spin-Off

New York -- Organizers of the Major League Dreidel Spin-off in New York said 124 people are registered to spin the Hanukkah tops at this year's event.

Eric Pavony, 31, who founded the annual event in 2005, said the top spinners from miles around are expected to turn up Thursday at the Knitting Factory to compete for the crystal dreidel trophy, the New York Daily News reported Wednesday.

Pavony said many competitors spin under holiday-themed aliases, including Spinny the Pooh, the Spincredible Hulk, Spindiana Jones and Oscar de la Menorah.

Gold shifts lower as dollar gains

New York -- Gold prices fell sharply Wednesday in New York, losing $26.10 or 1.8 percent, as equities scratched out slim gains and the dollar continued to rise.

The Dow Jones industrial average held its ground, adding 13.32 points or 0.12 percent. The Standard & Poor's index fared slightly better, gaining 0.37 percent, 4.53, to 1,228.28.

The dollar index, which rose 0.5 percent in the previous trading session, rose 0.17 percent Wednesday.

On the Comex division of the New York Mercantile Exchange gold dropped to $1,382.60 per troy ounce. Crude oil prices for January delivery lost 12 cents to $88.57 per barrel.

The euro fell to $1.3262 from Monday's $1.3274. Against the yen, the dollar rose to 84.02 yen from Monday's 82.66 yen.