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Posh vacation homes take a downturn in West

With the developer forced into bankruptcy, Hugh Smith worries about the $1 million he and a partner sunk into bare lots at Promontory, a half-built, sprawling residence club in a

Lower Hudson Valley architectural firms to merge

The combination of DCAK Architecture in Nyack and MSA Collaborative in Elmsford will create a 25-employee firm with greater breadth to take on projects across the region.

Toyota may miss U.S. sales target

TOKYO - Toyota may scale back its ambitious target of selling more vehicles in the United States this year than it did in 2007, as damage from an economic slowdown

Interest in hybrid vehicles rising, study says

DETROIT - Inspired by spiking gas prices and growing concern for the environment, U.S. consumers are showing more interest in hybrid vehicles despite their higher price tag, according to a

MasterCard settles lawsuit by American Express for $1.8 billion

MasterCard Inc., the giant credit card company in Purchase, said this morning it will pay American Express Co. up to $1.8 billion the next three years to settle a lawsuit

Federal Reserve leaves key rate unchanged at 2 percent

WASHINGTON - The Federal Reserve, navigating treacherous economic waters, decided on Wednesday to leave a key interest rate unchanged, bringing an end to a string of consecutive rate cuts.

Housing rescue plan passes key Senate test

WASHINGTON - A massive foreclosure-rescue bill cleared a key Senate test yesterday overwhelmingly, with Democrats and Republicans both eager to claim election-year credit for helping hard-pressed homeowners.

Inquiry To Bank About Loan Or Credit Application

Use this template to make an inquiry to the bank about loan or credit application. The main purpose of this letter is to expedite the loan or credit application. Financial

Former Bear Stearns investment bankers charged with fraud

Two former Bear Stearns hedge fund managers were hauled into jail yesterday and hit with the first criminal charges to arise on Wall Street from the subprime mortgage debacle, signaling

Auto dealers remodel, use aromas to boost service

WARREN, Mich. - A box that sends puffs of new car-scented air into his Chevrolet dealership's service lane is just one of the tricks Tim Colussy is using these days