NEW YORK (Reuters) - New York state may need a dose of the same medicine that saved New York City from a near bankruptcy in the 1970s as the state struggles with a five-year, $60 billion structural deficit, Lieutenant Governor Richard Ravitch said on Wednesday. Ravitch, a long-time financial guru and public servant, outlined a plan that would create a financial ...

NEW YORK (Reuters) - A federal judge ruled on Wednesday that New York City has the right to use the name "Tavern on the Green" for its landmark Central Park restaurant, rejecting arguments by the restaurant's outgoing operators that they owned the name. The decision paves the way for the city to reopen the restaurant under new management later this ...

A late philanthropist's modern art collection featuring a rarely seen work by Pablo Picasso is being auctioned in New York City. The seminal painting by Picasso is called "Nude, Green Leaves, and Bust." It's expected to fetch up to $90 million in the May ...

New York City can keep its "Tavern on the Green" and eat there too. U.S. District Judge Miriam Goldman Cedarbaum on Wednesday settled the biggest question in a legal dispute between the city and the longtime operators of the landmark eatery in ...