Daily business news in New York
This summer has been hot and mostly dry with more hot weather forecast for the next week. Governor Kathy Hochul has directed the New York State Department of Environmental Conservation to issue a drought watch for 21 New York counties mostly in Western New York and Long Island after consulting with the State Drought Management […]
Governor Kathy Hochul announced the suspension of certain taxes on motor fuel and diesel motor fuel starting June 1, 2022. The motor fuel excise tax, State sales tax, and Metropolitan Commuter Transportation District sales tax on motor fuel and diesel motor fuel will remain suspended through the end of the year. This fuel taxes suspension […]
NY Governor Kathy Hochul announced that her administration has reached a contract agreement with the New York State Law Enforcement Officers Union, Council 82, AFSCME, AFL-CIO for a 7-year term running until March 31, 2023. The agreement is subject to ratification by union membership, which will occur later this month. The contract, covering corrections, law […]
NY Governor Kathy Hochul announced that the Cannabis Control Board approved 52 Adult-use Cannabis Conditional Cultivator Licenses across the state. These are the first adult-use cannabis licenses granted in New York State and they advance the Seeding Opportunity Initiative. The approved licenses are from a pool of more than 150 that have been submitted to […]
NY Lieutenant Governor Brian Benjamin has resigned Tuesday afternoon after being indicted on bribery and other offenses. Governor Kathy Hochul released the following statement: “I have accepted Brian Benjamin’s resignation effective immediately. While the legal process plays out, it is clear to both of us that he cannot continue to serve as Lieutenant Governor. New […]
Alvin Bragg, the new Manhattan District Attorney, released an unprecedented statement saying that investigations of former President Donald Trump by his office are continuing. The statement is below: In recent weeks, the Manhattan District Attorney’s Office has been repeatedly asked whether our investigation concerning former President Donald J. Trump, the Trump Organization, and its leadership […]
The OMEGA Laser Facility at the University of Rochester Laboratory for Laser Energetics (LLE) has received $83 million in federal funding in the recently passed bipartisan omnibus spending package for Fiscal Year 2022. U.S. Senate Majority Leader Charles Schumer, U.S. Senator Kirsten Gillibrand, and U.S. Congressman Joseph Morelle announced they secured the money for the […]
NEW YORK – The city-owned South Brooklyn Marine Terminal (SBMT) is being transformed into one of the largest offshore wind port facilities in the nation. The agreement will help establish New York as a leader in offshore wind and help the New York City meet its nation-leading climate goals of 100 percent clean electricity by […]
NEW YORK – New York City Mayor Eric Adams announced several changes to COVID-19 pandemic restrictions beginning on Monday. In the face of quickly declining COVID-19 cases and hospitalizations and more than 17 million doses of vaccines administered, Mayor Adams announced the suspension of the Key to NYC program and the removal of indoor mask mandates […]
Governor Kathy Hochul celebrated this week the completion of new facilities at LaGuardia Airport’s Terminal B, marking a major milestone in the terminal’s $4 billion transformation. The completion and the opening of LaGuardia Terminal B’s western skybridge, and the opening in December of Terminal B’s second concourse, means that every arriving and departing passenger at […]