Also heard in the NY City-- with the latest change in the way NYSE trades and the impact of Sarbanes Oxley Act (SOX) the economy of lower Manhattan will changed for ever. There will be an increase in the high end residential spaces. This would fundamentally change the composition of lower Manhattan. But there is news also about companies moving back like the announcement that BearingPoint's (NYSE: BE) new national hub office at Three World Financial Center in Lower Manhattan which will house their Financial Services group headquarters. if certian provision of SOX is modified then NY might not loose the tag as the financial capital of the world to London. And if you get a chance watch the interview of Jack Bogle on forbes video network . He thinks there is a scope of improving the controversial SOX section 404 regarding controls.
New York Times has this interesting article about how companies are mining through travel data to find travel deal. Sifting Data to Uncover Travel Deals sites the following website. Farecast.com airfarewatchdog.com ( to find deals that include companies that don't share data) Flightstats.com (if you wanted to see which flightsare most prone to problems/delays) milemaven.com (best mileage programs) pointmaven.com (earn the most hotel points) update 4/22 read more about at consumerist . Cheaptickets.com sidestep.com
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