NYC News

NY appeals court reinstates case against YouTube

A federal appeals court revived a 5-year-old copyright case against YouTube on Thursday, finding that a jury might conclude that the online video service knew it was infringing rights when it allowed the distribution of videos of popular television shows and other programs. More >

New York Fed May Sell More of Its A.I.G. Assets

The Federal Reserve Bank of New York said on Wednesday that it was considering selling pieces of a final special entity created to hold assets once owned by the American International Group. If it is carried out, the move would further unwind the insurer’s government bailout. More >

Reebok seeks to return to selling NY Tebow items

Reebok wants a judge to lift a ban on its sale of apparel with the name of New York Jets quarterback Tim Tebow (TEE’-boh). More >

Fighters want mixed martial arts legalized in NY

Forty-five states would welcome the upcoming mixed martial arts title fight between Jon Jones and Rashad Evans. Their home state of New York still isn’t one of them.

Both light heavyweight champion Jones and ex-champ Evans have personally lobbied New York lawmakers to legalize the sport, and they say they have a lot of family, friends and fans who would pack the house here. Instead, they’ll fight April 21 in Atlanta.

NY landowners plan to frack using liquid propane

An upstate New York landowners group may partner with a Canadian company that uses liquid propane instead of controversial water-based hydraulic fracturing to get natural gas flowing into wells. More >

NY fight over Astor’s estate ends; millions freed

The long dispute over the estate of socialite philanthropist Brooke Astor ended Wednesday with a settlement that frees $100 million for charities and cuts by more than half the amount going to the son convicted of bilking her.

The agreement among Astor’s descendants and the New York institutions she loved ended a five-year legal fight that the judge feared would consume the entire estate. Westchester County Surrogate Judge Anthony Scarpino signed the agreement Wednesday afternoon. State Attorney General Eric Schneiderman announced the details.

NY deal will fund last 3 years of MTA capital plan

New York Gov. Andrew Cuomo has brokered a deal with legislative leaders to fully fund the last three years of the Metropolitan Transportation Authority’s five-year capital plan, a person familiar with the agreement said Monday.

The deal, reached Sunday night, provides $13.1 billion for four massive projects now under way: the Second Avenue subway, the Eastside Access for the Long Island Rail Road, the Fulton Street Transit Center and the extension of No. 7 subway line to the far West Side, according to the person who spoke to The Associated Press on the condition of anonymity because the plan hasn’t been formally announced.

Tim Tebow lands in New York after some ‘Jet lag’

Tebowmania’s headed to New York, and the drama has already started for Jets fans. It began the moment the Jets pulled off the deal for the Broncos quarterback. Or thought they did. More >

NY Times Co. Said to Focus on External CEO

New York Times Co., which hired executive-recruiting firm Spencer Stuart to conduct a search for a new CEO, is focusing on external candidates, according to a person with direct knowledge of the situation.

The company is looking outside its own ranks to find a successor to Janet Robinson, who was pushed out in December, though it hasn’t made a final decision, said the person, who declined to be identified because the matter is private. Times Co. also has internal candidates, the person said.

More NY high schoolers making the grade

New York has made among the nation’s biggest gains in graduating high school students, according to a study released Sunday by an education advocacy coalition.

The state is one of only two that have posted double-digit increases in graduation rates in recent years, going from 60.5% in 2002, about 12% below the national average at the time, to a 73.5% graduation rate in 2009, according to the report by Civic Enterprises.