WINNERS AND LOSERS: Traders work on the floor of the New York Stock Exchange yesterday afternoon. Airline stocks were down, but drugmakers and protective-gear manufacturers saw shares rise.
Photo. Daniel Ivascyn, one of Pimco's six deputy chief investment officers.Credit Steve Marcus/Reuters. The king may have departed, but at Pimco, his investment thesis lives on.
Wayfair Inc., the online furniture and home-goods retailer that sells brands such as Joss & Main and Birch Lane, raised $319 million in its initial public offering, pricing the shares above the marketed range.
Comptroller Scott M. Stringer unveiled a letter-grading system on Wednesday that rates New York City agencies in terms of their spending on goods and services provided by businesses owned by women and minorities.
New Jersey Transit commuter trains entering and exiting the Hudson River tunnel in Pennsylvania Station in New York in 2012. Credit Luke Sharrett for The New York Times.