Behind the nonprofit helping a diverse new generation of culinary professionals heat up New York

NEW YORK (AP) — A side of beef bigger than a classroom desktop sat before high school students huddled around a kitchen on New York's Lower East Side. “Anyone wanna jump in?” asked the butcher teaching the Tuesday afternoon class. One student dared, grabbing a sawblade about as long as his...

Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' management

DALLAS (AP) — Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough of the company's stock to call a special meeting of shareholders. The move gives Elliott, the Paul Singer-led investment fund, more...

Lebanon's former central bank governor detained in corruption probe

BEIRUT (AP) — Lebanon's controversial former central bank governor was detained Tuesday after being questioned in several corruption cases, according to three judicial officials. Salameh served a 30-year term as central bank governor beginning in 1993. Though he was...

Inflation in the 20 EU countries that use the euro falls to 2.2%, opening way for a central bank rate cut in September

Canadian Imperial Bank: Fiscal Q3 Earnings Snapshot

TORONTO (AP) — TORONTO (AP) — Canadian Imperial Bank of Commerce (CM) on Thursday reported fiscal third-quarter profit of $1.3 billion. The Toronto-based bank said it had earnings of $1.33 per share. Earnings, adjusted for non-recurring costs, were $1.41 per share. ...

Warren Buffett's firm sells another $1 billion of Bank of America stock but still holds almost 12%

OMAHA, Neb. (AP) — Investor Warren Buffett's company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week. Berkshire Hathaway has steadily sold off 116 million Bank of America shares since July. But it still...

Royal Bank: Fiscal Q3 Earnings Snapshot

TORONTO (AP) — TORONTO (AP) — Royal Bank Of Canada (RY) on Wednesday reported fiscal third-quarter net income of $3.27 billion. The bank, based in Toronto, said it had earnings of $2.26 per share. Earnings, adjusted for non-recurring costs, came to $2.38 per share. ...

NFL teams can now sell shares to private equity funds after letting other pro leagues lead. Why now?

EAGAN, Minn. (AP) — The NFL has finally relaxed a few of its strict rules around team ownership, formally approving the entry of private equity funds into the equation. Owners voted on Tuesday at a special meeting in Minnesota to allow up to 10% stakes in individual clubs by...

NFL owners newly endorse private equity stakes of up to 10% in teams by league-approved firms

EAGAN, Minn. (AP) — The booming business of the NFL will now be open for more business. League owners voted their carefully crafted approval of private equity in club ownership, putting in place a provisional new rule on Tuesday that lets certain firms buy up a stake of up to 10%...

Bank of Nova Scotia: Fiscal Q3 Earnings Snapshot

TORONTO (AP) — TORONTO (AP) — Bank of Nova Scotia (BNS) on Tuesday reported fiscal third-quarter profit of $1.37 billion. The bank, based in Toronto, said it had earnings of $1.03 per share. Earnings, adjusted for non-recurring costs, were $1.19 per share. The...