Business http://wshu.org en LI hedge fund dodged $6B in taxes http://wshu.org/post/li-hedge-fund-dodged-6b-taxes <p></p><p>Federal lawmakers grilled executives from Setauket-based Renaissance Technologies over allegations it evaded some $6 billion in taxes over the last 14 years.</p> Tue, 22 Jul 2014 22:37:42 +0000 Charles Lane 21088 at http://wshu.org LI hedge fund dodged $6B in taxes NY Regulators will soon govern Bitcoin http://wshu.org/post/ny-regulators-will-soon-govern-bitcoin <p></p><p>New York banking regulators are expected to release new rules this week governing Bitcoins and other virtual currencies.</p><p>Many think virtual currencies--sometimes called crypto-currencies--will soon revolutionize financial services, but until now they have been largely unregulated.</p> Wed, 16 Jul 2014 23:28:46 +0000 Charles Lane 20903 at http://wshu.org NY Regulators will soon govern Bitcoin Telecommuting could soften strike impact http://wshu.org/post/telecommuting-could-soften-strike-impact <p></p><p>Penn Station at rush hour is a din of train roars and the constant barking of a metallic PA system. A wall of commuters watch the boards to see what track their train comes in on. Once the train is called there is a mad rush down the stairs to find a seat.</p><p>In past strikes all 300,000 of these commuters would crowd the highways and bridges into Manhattan. Either that or risk losing their jobs. But there is a big difference between the last strike in 1994 and this week.</p><p>“Today we have laptops. So I'm working from home for the whole strike.”</p> Wed, 16 Jul 2014 04:14:33 +0000 Charles Lane 20726 at http://wshu.org Telecommuting could soften strike impact NY gets $182M in Citigroup fine http://wshu.org/post/ny-gets-182m-citigroup-fine <p></p><p>New York State is getting $182 million as part of a $7 billion settlement against Citigroup.</p><p>The long awaited deal between federal prosecutors and Citigroup settles allegations that Citi knew it was selling mortgage-backed securities that were about to go bad, but said nothing about it to investors.</p> Mon, 14 Jul 2014 18:29:05 +0000 Charles Lane 20623 at http://wshu.org NY gets $182M in Citigroup fine Controversy in Rowayton, Conn. divides community http://wshu.org/post/controversy-rowayton-conn-divides-community <p>A private property in coastal Rowayton, Connecticut is stirring up controversy. A land trust wants to preserve the half-acre site as a bird sanctuary and protect the surrounding tidal estuary. But others aren’t happy with the details.&nbsp;</p><p></p> Mon, 14 Jul 2014 04:01:00 +0000 Kaomi Goetz 20568 at http://wshu.org Controversy in Rowayton, Conn. divides community