FALLSBURG – The Town Board approved a settlement Monday reducing the assessment on a 105-acre residential property in Woodridge owned by local developer Butch Resnick.

Viacom, the owner of MTV, Comedy Central and the Paramount film studio, agreed to resolve a legal dispute with Time Warner Cable, allowing cable customers to see Viacom shows on devices such as Apple’s iPad. “All of Viacom’s programming will now …

Limited Brands, parent of Victoria’s Secret lingerie and Bath & Body Works chains, posted a first-quarter net profit of $124.6 million, or 41 cents per share, that topped Wall Street’s view, but its shares fell 3.5 percent after its forecast for t…

Abercrombie & Fitch, the operator of more than 800 teen-clothing stores, fell after posting first-quarter revenue that trailed analysts’ estimates and saying weakness in Europe will hurt same-store sales this year. Abercrombie retreated 13 percent t…

Several Federal Reserve policy makers said a loss of momentum in growth or increased risks to their economic outlook could warrant additional action — implying a “QE3,” or a third round of quantitative easing, may be in the offing. The members of…

Ex-Goldman Sachs director Rajat Gupta lost his bid to get three key wiretaps tossed as evidence in his upcoming insider-trading trial.
Manhattan federal judge Jed Rakoff gave tentative approval yesterday for the jury to hear the wiretaps, which are cr…

Chancellor Angela Merkel of Germany said she would discuss stimulus programs to get the Greek economy growing again and that she was committed to keeping Greece in the euro zone.

Until now, Patrick Henri Devillers, a French architect who has been part of the Bo Xilai drama in China, had not been heard from.

A group of high-profile Republican strategists is working with a conservative billionaire, Joe Ricketts, seeking to mount one of the most provocative campaigns of the “super PAC” era.

Non-Hispanic white births are no longer a majority in the United States, a tipping point that has implications for politics, the economy and a nation’s identity.

“Jenny from the Block” is now ruler of the celebrity world!
Jennifer Lopez topped Forbes’ “World’s Most Powerful Celebrities” list, a calculation of fame, fortune and pop-culture impact, the magazine said yesterday.
Lopez, Oprah Winfrey, Ju…

SANFORD, Fla. — Autopsy results reportedly indicate 17-year-old Trayvon Martin had injuries to his knuckles when he died, which could support George Zimmerman’s claim that the unarmed teen assaulted him before he was fatally shot.A medical examiner…

Former Red Sox pitcher Curt Schilling asked Rhode Island for additional help to save his video game company yesterday, prompting state leaders to consider whether the firm is viable enough to justify further investment.
Schilling briefed Gov. Lincoln C…

Even as major broadcast-TV networks complain about a new ad-skipping feature offered by Dish Network, the satellite-TV operator plans to promote it — with TV ads.Dish is rolling out an array of television, radio, newspaper and social media ads to spr…

Comcast is introducing a service that lets customers make Skype video calls over their televisions, part of a push to add revenue and stem subscriber defections. The Skype on Xfinity service, which lets users make high-definition video calls, has launc…