Weak U.S. dollar keeps gold glistening

Posted on January 27, 2012
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Diane Alter – AHN News Reporter
New York, NY, United States (AHN) – Gold prices rallied for a third straight day, spurred higher by a weak U.S. dollar and the Fed’s comments on interest rates made earlier in the week. In mid-afternoon trading on Friday, the most actively traded gold contract, for February delivery, gained $10.50 to $1734.40 a troy ounce on the Comex division of the New York Mercantile Exchange. Giving gold prices a boost were comments from Fed officials on Wednesday in which they said in a statement they expected short-term interest rates to remain near zero until late 2014, citing a slow recovery in the labor market, high unemployment, the ailing housing market and moderating [...] Continue Reading…

Hillary Clinton to step down

Posted on January 27, 2012
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Diane Alter – AHN News Reporter
Washington, D.C., United States (AHN) – Secretary of State Hillary Clinton announced Thursday that she is ready to give up politics. During a town hall meeting with State Department employees Thursday morning, Clinton said she is ready to step off “the high wire of American politics.” She said she she is paying no attention in the battle for the Republican nomination nor has she watched any of the heated debates. Clinton gave no hints as to what she plans to do after leaving the Obama administration. Her departure from a very public and storied political life ends a two-person sovereignty in the servitude of the American people. Her husband Bill Clinton [...] Continue Reading…

Burberry, DKNY, Oscar de la Renta dominate Fashion 2.0 nominees

Posted on January 27, 2012
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Diane Alter – AHN News Reporter
New York, NY, United States (AHN) – Leading the nominations for the 3rd Annual Fashion 2.0 Awards are Burberry, DKNY and Oscar de la Renta. All three fashion houses will compete along with Coach and Kate Spade for the Top Innovator prize. In 2011, the award went to DKNY. Oscar de la Renta will go up against Bergdorf Goodman, Dior, Gucci and Burberry for the Best Facebook Award. In December, Burberry made headlines when it celebrated reaching 10 million fans on the social networking site. Oscar de la Renta’s @OscarPRGirl is nominated in the Best Twitter category. The PR twitter site is up against twitter feeds from Betsy Johnson, Diane Von [...] Continue Reading…

City Room: Admiral’s Row Site Is Transferred to the City

Posted on January 27, 2012
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Senator Charles E. Schumer said the handover would allow the Brooklyn Navy Yard Development Corporation to create new industrial space that will bring hundreds of jobs to Brooklyn.

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The Hunt: The Hunt – Off-Campus, With Elbow Room

Posted on January 26, 2012
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Michael Igyarto and Mangesh Kulkarni, both law students, wanted to share a rental apartment with two bedrooms and a large living room.

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Nancy Shevell, Mrs. Paul McCartney, resigns from MTA Board

Posted on January 26, 2012
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Diane Alter – AHN News Reporter
NYC, NY, United States (AHN) – Nancy Shevell, otherwise known as Mrs. Paul McCartney, resigned from the Metropolitan Transportation Authority board Wednesday. Ms. Shevell was appointed to the MTA board in 2001 by former Gov. George Pataki. She is the third-longest serving current member and has remained as a holdover member since her term expired in 2010. Ms. Shevell is the vice president of New England Motor Freight and her family’s stable and prosperous businesses. Ms. Shevell did not give any explanation for her resignation, but her presence, and the loss of her high profile name, is a loss for the board. Ms. Shevell did not speak to reporters about [...] Continue Reading…

Former NHL player Richard Zednik, youth players narrowly avoid roof collapse

Posted on January 26, 2012
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AHN Sports Staff
Namestovo, Slovakia (AHN Sports) – Former NHL player Richard Zednik and some youth hockey players narrowly avoided tragedy Sunday at a newly opened skating rink. Zednik and the young players were pulled off the ice just before the roof collapsed from the weight of snow and ice. Zednik, who played 13 seasons in the NHL, is an ambassador for hockey in his native Slovakia. He was on the ice with the young players when bits of ice began to fall through the roof. Just as Zednik and the children were taken off the rink the roof collapsed. Zednik played for the Washington Capitals, Montreal Canadiens, New York Islanders and Florida Panthers during his [...] Continue Reading…

City Room: Case of the Stolen Espresso Machine: Solved

Posted on January 26, 2012
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The Local blog has the story of a coffee-shop owner who tracked down thousands of dollars’ worth of stolen equipment.

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On Location: The Brooklyn Design Firm Nightwood Remakes a Town House

Posted on January 25, 2012
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The design firm Nightwood fills a Brooklyn apartment with refurbished furniture covered in soft fabrics in muted colors.

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Christian Louboutin, Yves Saint Laurent seeing red over the color red

Posted on January 25, 2012
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Diane Alter – AHN News Reporter
New York, NY, United States (AHN) – Iconic French shoemaker Christian Louboutin was in court in Manhattan Tuesday, in an appeal from an earlier ruling, to state its case that it should exclusively own the rights to use the color it calls ‘China Red,” to coat the bottoms of its coveted, expensive, and popular high-heeled shoes seen frequently on celebrities and fashionistas. Henry Lewin, a lawyer for Christian Louboutin, said in defense of his client, “Louboutin turned a pedestrian item into a thing of beauty. We didn’t claim anything but this trademark as registered.” A lawyer for Yves Saint Laurent countered, “Artists…need the full palette of colors available. In order to compete [...] Continue Reading…

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