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New Iphones Draw Lines Around The World

New York’s Next Mayor, Bound To Be A Brooklynite

The iPhone 5C comes in several different colors. Related: YouTube videos of lines at Apple Stores around the world The flagship iPhone 5S wasn’t available for pre-order. That annoyed Lance Smith, a fan who was one of the first 100 in line in Atlanta’s Lenox Square shopping mall. “That’s the only reason I’m in line, so I can get it on day one,” he said. “They definitely screwed it up for a few of us by not preselling the 5S.” Others brushed off that inconvenience, focusing instead on the new features. Ana Ramirez, who began waiting on line in New York at 4 a.m., said she was excited to try out the new Touch ID fingerprint sensor on the 5S. “I get the iPhone every year. It’s just the best phone, hands down. Apple made it, so I know it will be the best,” she said. iPhone fans wait for hours for the new 5S Not everyone waiting in line will get an iPhone on Friday. Apple Stores usually have the most in stock, but they also draw the longest lines. The gold iPhone 5S seemed to be the most popular choice for the iPhanatics.

New York Fed to Test Fixed-Rate Reverse Repos as Tool for Exit

This exercise may be somewhat larger in size than past operational exercises and will be ongoing for at least a period of weeks to gain operational experience with larger transactional flows and to provide additional information about how such operations might improve interest rate control regardless of the size of the Federal Reserves balance sheet, the New York Fed said in a statement today. The tests may begin as soon as Sept. 23 and may extend through Jan. 29, the New York Fed said. Fed staff members presented officials the possibility of the tool at the Federal Open Market Committee s meeting in July, minutes from the gathering showed. Such a system would allow the FOMC to offer an overnight, risk-free instrument to a wide range of market participants, and possibly improve its ability to keep short-term rates at desired levels, the minutes said. Fed policy makers, while still buying bonds to support the economy, have also over the last few years been developing methods to eventually help withdraw their record monetary accommodation. Along with raising the overnight bank lending rate, Fed officials have said they may use tools including reverse repos to withdraw or neutralize cash in the banking system. In a reverse repo, the Fed lends securities for a set period, temporarily draining cash from the banking system. At maturity, the securities are returned to the Fed, and the cash to its counterparties. The FOMC is still adding to its stimulus and said Sept. 18 it will continue buying bonds at a pace of $85 billion per month. The Feds balance sheet has swelled to a record $3.72 trillion through three rounds of asset purchases. To contact the reporters; on this story: Caroline Salas Gage in New York at csalas1@bloomberg.net ; Liz Capo McCormick in New York at emccormick7@bloomberg.net To contact the editors responsible for this story: Chris Wellisz at cwellisz@bloomberg.net ; Dave Liedtka at dliedtka@bloomberg.net More News:

New York Giants’ strategy is simple, attack injury-riddled Panthers’ secondary

New Orleans Saints Siri

To put that number (6) in perspective, NFL teams typically carry eight to nine defensive backs on its entire roster, and Carolina has more than half that number on its injury report. Three of the four defensive secondary starters will miss Sunday’s game against New York. In addition to Godfrey, who is out for the year, starting safety Quintin Mikell is out with an ankle injury, and starting cornerback Josh Thomas will miss the game with a concussion. Reserve cornerback DJ Moore sprained a knee and was ruled out against the G-men earlier this week, while backup cornerback James Dockery will be a game-time decision. Dockery has not played this year after sustaining a thumb injury in the preseason. New Carolina general manager Dave Gettleman brought back veteran cornerback Drayton Florence, who was cut by the Panthers in preseason, and things are so bad in Charlotte, that he will start on Sunday. Fresh off the practice squad, Carolina signed Robert Lester and inserted him in the starting lineup as well at the strong safety spot. Reserve Mike Mitchell will start as the free safety in the Panthers’ scheme. Captain Munnerlyn is the lone starter healthy enough to suit up for the contest against the Giants, but Munnerlyn is short (5’8″), so expect New York to try to expose a height differential with Rueben Randle, especially in the red zone. The Giants’ Eli Manning is second in the league with 812 passing yards after two games; he is one yard behind Aaron Rodgers for the top spot. Meanwhile, Victor Cruz has 236 receiving yards, good for third in the entire NFL, and Hakeem Nicks has 197 receiving yards after two games. Tight end Brandon Myers has 140 yards receiving this season, and he caught a touchdown pass in week one against Dallas.

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“Regardless of whether Im fighting for a starting spot or securing it or whatever, its every play thats going to have to be right. Assignment sound and make plays. Thats one of the big things that you do, you take the next step and make the play when its there.” It wont be an easy task, however, as Herzlich and the rest of the Giants linebackers are facing another strong running back in Carolinas DeAngelo Williams and an equally strong tight end in Greg Olsen. If Herzlich should stumble this week, the Giants have Allen Bradford, whom they claimed off waivers last week, waiting in the wings. Head coach Tom Coughlin has praised the former Seattle Seahawks linebacker for how quickly he’s been picking up the Giants defensive system. Hes caught our attention a few times, Coughlin said. Hes willing and weve tried to get him involved as best we can, and hes made some progress. Quarterback Eli Manning Brad Penner-USA TODAY Sports Although quarterback Eli Manning is currently the NFL’s 25th-rated passer, somehow his offense is still ranked fifth overall in the NFL, averaging a league-best 390.5 passing yards per game. Still, the seven interceptions hes thrown to start the 2013 season is a bit of a concern both for the quarterback and his offensive coordinator. Do I worry? I worry about, as Ive said many times, everything, said OC Kevin Gilbride. Obviously I worry about it, but if ever theres a guy that has his feet firmly on the ground and seems to be able to handle the vicissitudes of the game and life, its that guy. Manning has long been known for not pressing the panic button when things start to go wrong, and, in fact, hes become a bit of a broken record when talking about how he has to make better throws, better reads and better decisionsthings he usually says even if hes throwing the ball well. Still, Gilbride admitted that Manning isnt immune to whats happened to him so far, and the coach also acknowledged that there’s a danger of the quarterbacks confidence taking a hit should the trend continue. Does it bother him? Its killing him, Gilbride said.

New York Photos of the Week, September 14th – September 20th

“When I first moved here 25 years ago, no one wanted to come visit me in Brooklyn,” Lhota says. “Now they all live here as well. It’s really symbolic, it’s emblematic, of how Brooklyn is in ascendancy.” The former city transit chief was born in the Bronx and lived most of his adult life in Brooklyn. Lhota says that definitely affects how he would govern. “It’ll have a big difference,” he says. “You gotta listen to the people in the boroughs. That’s where most of the people are.” On the other side of the ticket, Democrat Bill de Blasio was in downtown Brooklyn Friday to accept the endorsement of another prominent Brooklyn Democrat, Sen. Chuck Schumer. Schumer and de Blasio stood on the steps of Brooklyn’s Borough Hall in front of a diverse crowd of supporters, including black, white, Latino and Asian leaders from across the city. “This is why we are winning this campaign,” de Blasio said. “Because we have every type of New Yorker working hard every day to bring about changes we need.” De Blasio, the city’s public advocate , did well across New York in the primary election. But he dominated Brooklyn, winning in virtually all of the borough’s neighborhoods and demographic groups. Brooklyn may be the city’s biggest borough, with 2.5 million people, but it has traditionally lagged behind Manhattan when it comes to power and prestige. That’s changing, says Carlo Scissura, president of the Brooklyn Chamber of Commerce. “For a decade, we’ve been talking about how cool Brooklyn has become,” Scissura says.

New York Giants: 5 Players to Watch vs. Carolina Panthers

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Two men were charged with illegally selling more than four dozen guns to an undercover detective. (Keith Bedford for The Wall Street Journal) A guest communicates through gestures while participating in a four-course silent dinner at Eat in Greenpoint, Brooklyn on Sunday. It was a pilot run for what the restaurant hopes to make a monthly event. (Keith Bedford for The Wall Street Journal) Seferino Cotzojay, assistant winemaker at Bedell Cellars, loads harvested grapes into a crusher on Wednesday. Mr. Cotzojay has been working at Bedell since 2005, when he answered an ad for a worker that had been posted in the local paper. (Gordon M. Grant for The Wall Street Journal) Michal Litwiniec, left, Marek Otwinowski, Pawel Czepukowski and Igor Gawlikowski, members of the Polish group Karbido, rehearse at their musical table, which has a bass attachment and hidden strings. The group performs in the U.S. for the first time this week. (Keith Bedford for The Wall Street Journal) Participants in Harlems African American Day Parade are pictured Sunday. Former city Comptroller Bill Thompson appeared at a breakfast for the eventon Monday announced he would be bowing out of the race for mayor.