Wall Street mostly steady after New York blackout
Traders returned to a mostly quiet session as power was restored in Manhattan and major indexes showed tiny moves. The Dow rose 11.13 to 9321.69, the Nasdaq gained 1.66 to 1702.00, and the S&P 500 edged up 0.16 to 990.67. The Amex briefly opened with a portable generator, while the bond market moved to an early close.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York City
Michael Bloomberg
New York Stock Exchange
NYSE
Richard Grasso
Standard & Poor
American Stock Exchange
Consolidated Edison
Amex
Amey
Bond Marke Association
Pepper Red's Blues Benefit Tonight at Mohrman
Pepper Red's Blues Cafe owner Charlita Anderson-White hosts a benefit concert at 7 pm to revive the Erie Avenue venue in Lorain Ohio featuring Mr. Stress D.C. and the Continentals Madison Crawl Blue to the Bone Leon and Mark Leach with door prizes. Funds support the cafe facing financial strain amid low turnout and ongoing jam nights inviting local musicians to sit in.
MENTIONED IN THIS ARTICLE
Lorain
Charlita Anderson
Anderson-White
Mr. Stress
D.C
Continentals
Madison Crawl
Blue To the Bone
Leon
Mark Leach
E.T. King
Cians
Geri Ciacchi
Hachel Ortega
Chronicle
Bill Sedura
Maria Zeller
Ganon
Boiler Room Blues
Cleveland
Pepper Red
Broadway Avenue
Taxpayers gain extra time after blackout delays
The IRS extended filing deadlines to August 22 for taxpayers hit by the blackout including extensions and those with due Friday deadlines. Interest accrues, penalties waived, and relief applies to those in affected areas or with records there. Treasury lauded the resilience of financial markets as trading resumed with minor glitches in New York City.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
IRS
Treasury
Joh Snow
Treasury Department
Snow
Wall Street
New York City
Michael Bloomberg
New York Stock Exchange
American Stock Exchange
Consolidated Edison
Dollar Gains as Gold Rises in London and Zurich
The dollar firmed against major currencies in European trade with the euro at 1.1251 and the pound around 1.5931 to the dollar. Gold rose to 364.10 in London and 364.75 in Zurich while silver opened at 4.91 in London, down from 5.00. In New York, the euro traded near 1.1254 and the dollar bought 119.23 yen.
MENTIONED IN THIS ARTICLE
London
New York
Europe
Zurich
Hong Kong
Grocer stops pension fund contributions amid bankruptcy
Penn Traffic Co the parent of Big Bear and Bi Lo supermarkets halted quarterly pension contributions to active and retired warehouse workers claiming reorganization needs. Union officials say this violates labor agreements and plan filings show 686 Big Bear workers and retirees and 2,718 Bi Lo Riverside staff affected while retirees still receive benefits.
MENTIONED IN THIS ARTICLE
Columbus
Penn Traffic Co
Penn Traffic
Big Bear
Ed Yinger
Independent Union
Yinger
Syracuse
N.Y
United Industrial Workers Union
Bob Love
U.S
White Plains
MarcoJampolle
Jame 15
Riverside
Pennsylvania
Jampole
New York
Ohio
West Virginia
Vermont
New Hampshire
Big Bear Plus
Bi-Lo
Quality
P&c
Also Mentioned on This Page
Qaders
Chicago Mercantile Exchange
Scott Marcouiller
A.G. Edwards
St. Louis
Kenneth Polcari
Polcari Weicker
Iéyear
Quanta Services
Robert Britz
Exchange
Mohrman E Chronicle-Telegram
Jeff Mohrman
Mohman
Chronoletelegram
Middle Ave
Washington Ave
East Ave
Grocer
Bor
Elyria
Aesurat
Melanie
Lake Ave
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