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Politics Andrew Cuomo

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  • 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...

  • Ben Lawsky: We should have done this earlier Tuesday, 26 May 2015 | 11:43 AM ET
    Benjamin Lawsky, superintendent of the New York State Department of Financial Services.

    New York's top financial regulator, Benjamin Lawsky, told CNBC that his agency should have focused on individual accountability earlier.

  • 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...

  • HAVANA, April 21- A U.S. cancer research center and a software company reached agreements with Cuban partners during a two-day trade mission to Cuba led by New York Governor Andrew Cuomo in the first trip of its kind since the rapprochement between the longtime adversaries. The Roswell Park Cancer Institute of Buffalo, New York, on Tuesday signed an agreement...

  • HAVANA, April 21- A U.S. cancer research center and a software company reached agreements with Cuban partners during a two-day trade mission to Cuba led by New York Governor Andrew Cuomo in the first trip of its kind since the rapprochement between the longtime adversaries. The Roswell Park Cancer Center of Buffalo, New York, on Tuesday signed an agreement with...

  • HAVANA, April 20- New York Governor Andrew Cuomo met senior Cuban officials in Havana on Monday as the head of a high-powered business delegation looking to take advantage of President Barack Obama's easing of restrictions with the Communist-led island. Cuomo, a Democrat, is the first governor to visit Cuba since a December announcement by Obama and Cuban...

  • NEW YORK, April 16- A New York state appeals court rejected former American International Group Inc Chairman Maurice "Hank" Greenberg's bid to dismiss a lawsuit accusing him of orchestrating an accounting fraud at the insurer he ran for nearly four decades. Greenberg and co-defendant Howard Smith, a former AIG chief financial officer, are accused of having...

  • NEW YORK, April 15- Ernst& Young LLP is near settling a high-profile lawsuit filed by New York state that accused the accounting firm of helping Lehman Brothers Holdings Inc deceive investors in the years leading up to its 2008 collapse, people familiar with the matter told Reuters. A spokeswoman for Ernst& Young declined to comment, as did a spokesman for New York...

  • NEW YORK, Feb 27- Robert Benmosche, who headed insurer American International Group after a massive government bailout at the height of the financial crisis, died on Friday at 70, the company said in a statement. Benmosche, who was president and chief executive officer of AIG between August 2009 and September 2014, died at NYU Langone Medical Center in New York...

  • NEW YORK, Feb 13- A nonprofit trade group that paid just $10 for the exclusive right to use the World Trade Center name will turn over some of its future revenue to end a New York State probe into how the name was sold so cheaply. Under a settlement announced on Friday, the nonprofit agreed to repay $184,000 of membership fees paid by the Port Authority from 1991 to...

  • NEW YORK, Feb 13- A nonprofit group that paid just $10 for the exclusive right to use the World Trade Center name will turn over some of its future revenue to end a New York State probe into how the name was sold so cheaply. Under a settlement announced on Friday, the nonprofit agreed to repay $184,000 of membership fees paid by the Port Authority from 1991 to 2011. It...

  • NY Gov Cuomo readies mission to Cuba: Report Saturday, 17 Jan 2015 | 3:31 PM ET
    A man pushes his tricycle taxi with a U.S flag on a street in Havana December 18, 2014.

    NY's Governor Andrew Cuomo is expected to announce a trade mission to the Caribbean island, the Wall Street Journal reported on Saturday.

  • Turn off Cuomo’s gas for fracking ban: Hofmeister Friday, 19 Dec 2014 | 8:52 AM ET
    New York Gov. Andrew Cuomo

    Former Shell Oil President John Hofmeister lashes out at Gov. Andrew Cuomo on his decision to ban fracking in New York state.

  • What's next for Buffalo, post-snow? Likely, floods Thursday, 20 Nov 2014 | 3:37 PM ET
    Lori and Bob Weishaar shovel snow from around their vehicle following an autumn storm in Buffalo, N.Y., Nov. 20, 2014.

    Much of the snow that fell on Buffalo and other parts of New York could melt next week and cause some flooding, NBC News reports.

  • Obama criticizes states' Ebola quarantine rules Tuesday, 28 Oct 2014 | 4:13 PM ET
    President Barack Obama speaking at the White House, October 28, 2014

    The U.S. must continue to be a leader in the fight against Ebola by supporting health workers traveling to—and from—West Africa, Obama says.

  • Cuomo's book sales Thursday, 23 Oct 2014 | 1:53 PM ET
    Cuomo's book sales

    CNBC's John Harwood and Tyler Mathisen discuss the embarrassing sales so far for Andrew Cuomo's book.