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Andrew Cuomo

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  • ROCHESTER, N.Y.— Rochester, whose fortunes have risen and fallen with the demand for futuristic technologies from former powerhouses like Xerox and Kodak, is looking for its next big breakthrough in the field of integrated photonics, a light science with the potential to transform communications, medicine and national defense. "You've gone from making Brownie...

  • NEW YORK— New York's Wage Board on Monday finalized its recommendation endorsing a $15 minimum wage for fast-food workers in chain restaurants. It would be phased in over three years in New York City and six years elsewhere. The first phase of the increase would take effect on Dec. 31, when the minimum wage for affected workers would go from $8.75 to $10.50 in New...

  • As Democrats fret over 'sharing economy,' GOP moves in Saturday, 25 Jul 2015 | 9:43 AM ET

    DENVER— The debate over ride-hailing firm Uber is laying bare divides in the Democratic Party and on the left about how to handle the new "sharing" economy. In New York City this past week, liberal Mayor Bill de Blasio tried to limit the number of Uber drivers on the streets, only to be rebuked by the state's more centrist governor, Andrew Cuomo. But the bright-blue...

  • ALBANY, N.Y.— New York's state comptroller says more oversight is needed of Long Island Power Authority, whose customers remain plagued by high electricity rates and rising debt despite reform efforts. Andrew Cuomo's plan to shrink LIPA's staff and turn over daily operations to Public Service Electric& Gas Co.. Comptroller Thomas DiNapoli proposes...

  • NEW YORK— The deal that, for now, decided the ride-hailing behemoth Uber's future in New York City began with a phone call to Rome. City Council Speaker Melissa Mark-Viverito on Tuesday called Mayor Bill de Blasio, who was attending a conference at the Vatican, to tell him she had secured enough votes to pass legislation that would put a severe cap on Uber's growth.

  • SAN FRANCISCO— The push for a higher minimum wage gained momentum on both sides of the country, with New York embracing an eventual $15 an hour for the state's 200,000 fast-food workers and the huge University of California system announcing the same raise for its employees. The 240,000- student University of California becomes the nation's first public...

  • Franchise owners say they're considering a lawsuit against Cuomo's plan to raise the minimum wage in their eateries to $15 an hour, arguing that it is not fair or legal to be saddled with such a significant increase in labor costs that won't apply to retail, landscaping, child care or other traditionally low-wage industries. "Singling out fast food restaurants...

  • Uber growth unhampered in surprise deal with NYC Thursday, 23 Jul 2015 | 1:27 AM ET

    Just before a City Council vote that could have capped the number of cars Uber can have on city streets, Mayor Bill de Blasio's administration announced late Wednesday that Uber agreed to a four-month study on the impact of the cars on the city's traffic and the environment. City Council Speaker Melissa Mark-Viverito announced that the study will be passed...

  • Defense Department chooses Rochester for photonics center Wednesday, 22 Jul 2015 | 5:02 PM ET

    ROCHESTER, N.Y.— The Department of Defense has picked Rochester as the location for a sought-after manufacturing hub focused on the field of integrated photonics, U.S. The New York Democrat called the project a "game-changer" for Rochester. He compared it to the founding of photography pioneer Kodak in the western New York city more than 100 years ago.

  • July 22- The New York State wage board recommended raising fast-food worker pay to $15 per hour in New York City by 2018, CNBC said in a tweet on Wednesday. The hike will boost entry-level pay from its current $8.75 per hour level at restaurants owned by companies including McDonald's Corp, Burger King and Wendy's Corp.. The panel had been formed by New York...

  • Higher minimum-wage proposals gain ground on both coasts Wednesday, 22 Jul 2015 | 12:33 PM ET

    SAN FRANCISCO— The push for a higher minimum wage gained momentum on both sides of the country Wednesday, with New York embracing an eventual $15 an hour for the state's 200,000 fast-food workers and the huge University of California system announcing the same raise for its employees. The 240,000- student University of California becomes the nation's first...

  • NYC strikes Uber deal: No cap on company during study Wednesday, 22 Jul 2015 | 11:54 AM ET

    NEW YORK— New York City and Uber struck an eleventh-hour deal that backs off, for now, placing a cap on the number of cars the ride-hailing company can have on the streets of the nation's largest city. Mayor Bill de Blasio's administration announced late Wednesday— on the eve of a City Council vote that could have established the restriction— that Uber agreed to a...

  • NYC to MTA: Let's work to fill $14 billion funding gap Wednesday, 22 Jul 2015 | 6:27 AM ET

    NEW YORK— Mayor Bill de Blasio's administration wants the Metropolitan Transportation Authority to work with New York City to figure out how to fund a $14 billion gap in the transportation agency's capital plan. First Deputy Mayor Anthony Shorris sent a letter dated Tuesday to MTA Chairman and CEO Thomas Prendergast. The MTA's 2015-2019 capital plan calls...

  • NEW YORK— Fast-food workers in New York state would see a super-sized raise under a plan to phase in a $15 minimum wage— the first time a state has singled out a particular industry for such an increase. "You cannot live and support a family on $18,000 a year in the state of New York— period," Gov. San Francisco, Seattle and Los Angeles have approved gradual increases to $15...

  • Shrinking Kodak takes on new role: startup landlord Saturday, 18 Jul 2015 | 11:59 AM ET

    But rather than selling off its sprawling, 2- square-mile Kodak Park campus, the company has become landlord to 58 diverse companies— and counting— that have been courted with the promise of plentiful utilities, its own railroad and unique access to Kodak's specialty technical and industrial capabilities. For example, tenant Natcore Technology Inc. can tap...

  • Lawsky steps down as NY’s top Wall St watchdog Wednesday, 20 May 2015 | 4:26 PM ET
    Benjamin Lawsky, superintendent of the New York State Department of Financial Services.

    Known as the sherif of Wall Street, Benjamin Lawsky will soon vacate his post as New York's overseer of banking and insurance, NYT reports.

  • NEW YORK, May 20- Benjamin Lawsky is stepping down as New York state's top financial regulator in June, after four years of running the newly created agency and bringing cases against a variety of defendants on Wall Street. A former chief of staff for New York Governor Andrew Cuomo, Lawsky was nominated to be head of the NYSDFS by Cuomo in 2011. He grabbed headlines...

  • Los Angeles raises minimum wage to $15 an hour Tuesday, 19 May 2015 | 5:00 PM ET
    Fast food workers, healthcare workers and their supporters march to demand an increase of the minimum wage to $15 per hour, in Los Angeles on December 4, 2014.

    Los Angeles will raise its minimum wage by 2020, as workers in the U.S. rally for higher wages, The New York Times reports.

  • These states have more nail salons than McDonald's Tuesday, 12 May 2015 | 8:16 AM ET
    Eating a hamburger with yellow nails

    In 12 states and Washington D.C., nail salons are more common than McDonald's locations, the most common of fast food locations.

  • May 6- New York Governor Andrew Cuomo said on Wednesday he would create a so-called Wage Board, a move apparently designed to allow him to raise the minimum wage without the approval of state lawmakers. Cuomo in his January budget recommended raising the minimum wage to $11.50 an hour in New York City and $10.50 elsewhere in the state, only to see that proposal...