If the company's application is approved he said he would be looking for a local operator familiar with the city and its tourist trade.

BBC: Cambridge tricycle plan angers taxi drivers

VeriSign shares are trading sharply lower Friday morning after the company announced that the U.S. Department of Commerce has approved a revised agreement for the company to remain the registry operator for the .com Internet domain registry through November 30, 2018.

FORBES: VeriSign Slides On Revised Terms To Run .Com Registry

"Neither the crane operator nor his supervisors made sure the operation was being performed according to approved plans, " city Buildings Commissioner Robert LiMandri said in a statement.

WSJ: APNewsBreak: Operator cited in NYC crane collapse

The merger of NYSE Group , owner of the New York Stock Exchange, and Euronext , operator of several European stockmarkets, came a step closer when it was approved by regulators in Europe.

ECONOMIST: Business this week