Author Peter Elkind and filmmaker Alex Gibney, the collective brains behind a book and film documenting the fall of Enron, will collaborate on the Spitzer project.

NYC air quality gets failing grades
New York City ranks eighth in the country for cities most polluted by ozone, and nearly half of NY stat residents statewide live in areas with substandard air quality.

Citigroup to raise $4.5B in stock sale
The capital is 50% more than Citi said it would raise on Tuesday, and will help offset mounting losses at the bank due to the subprime mortgage crisis.

Verizon shareholders foil move to split CEO role
A proposal to strip Verizon CEO Ivan Seidenberg of his position as chairman was defeated Thursday, receiving only 20% of shareholder votes.

Green(er) power plant coming to Queens
The state Power Authority gave Astoria Energy the go-ahead to build a new plant by authorizing a 20-year supply contract.

Nymex earnings up 27% on higher volume
Nymex, which is being acquired by the operator of the Chicago Mercantile Exchange, said net income rose to $71.2 million, from $56.2 million in 1Q 2007.

Verizon activists: CEO shouldn’t be chair too
With Verizon’s annual stockholders meeting starting Thursday, an influential group of former employees is demanding that the board appoint a chairman from its independent directors.

Parsons goes digital with design
Alice Demirjian, Parsons The New School for Design’s director of fashion marketing, will pioneer the school’s first-ever all-online fashion degree program.

Bloomingdale’s: No strike
Just hours before their contract was due to expire, union workers at the flagship store reached a tentative agreement with Bloomingdale’s management.

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