Politics Andrew Cuomo

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  • New York's Javits convention center to add $1 bln wing Thursday, 7 Jan 2016 | 12:56 PM ET

    NEW YORK, Jan 7- New York City's Jacob K. Javits Center, one of the busiest convention centers in the country, will get a new $1 billion wing, Governor Andrew Cuomo announced on Thursday. The new wing will be at the north end of the facility on the west side of Manhattan. The far west side of Manhattan, much of which still bears the signs of industrial sites that used to...

  • NEW YORK, Dec 17- A major Pakistani bank and its New York branch must boost measures to prevent money laundering after regulators found "significant breakdowns" in the bank's compliance with federal and state laws, New York's financial regulator said on Thursday. Habib Bank Ltd in Karachi and the New York branch must put a series of reforms in place, including...

  • Nov 30- New York Governor Andrew Cuomo is preparing to impose new regulations on banks operating in the state to prevent money laundering and the financing of militant groups, a Cuomo administration official told Reuters on Monday. The rules, if implemented, will aim to block criminals and militant organizations from using the New York financial system to fuel...

  • NEW YORK, Nov 30- Private money is expected to fund part of a $20 billion rail tunnel project linking New Jersey with Manhattan, according to a senior executive at the national rail network Amtrak. New Jersey and New York are on the hook for the rest, but financial hurdles both states face suggest they could try to tap the plan's private funding option to meet their...

  • NEW YORK, Nov 24- Alcoa Inc will receive almost $70 million in aid over 3-1/ 2 years from New York state to keep the Massena West, New York, aluminum smelter open, under a deal announced on Tuesday. The deal will save around 600 jobs, and New York state may penalize Alcoa if the number of employees at the plant falls below that before March 2019, Cuomo said.

  • NEW YORK, Nov 10- Thousands of protesters took to the streets across the U.S. on Tuesday to demand a $15- an-hour minimum wage and union rights for fast food workers, a campaign intended to attract support from national political candidates ahead of the 2016 elections. Organizers said thousands of low-wage workers walked off their jobs in some 270 cities across...

  • NEW YORK, Oct 28- New York's Metropolitan Transportation Authority, operator of the largest urban transport network in the United States, approved on Wednesday a reduced $29 billion investment program. Governor Andrew Cuomo and New York City Mayor Bill de Blasio were involved in a public showdown over the program, which was eventually reduced from the MTA's...

  • Oct 26- New York's banking regulator said on Monday its acting head had resigned, amid what the Wall Street Journal said was a dispute with Governor Andrew Cuomo's administration over the regulator's independence. Anthony Albanese, acting superintendent of the Department of Financial Services, and chief spokesman Matthew Anderson both have resigned, the...

  • New York's Cuomo says no closer to deal on MTA funding Thursday, 8 Oct 2015 | 6:29 PM ET

    NEW YORK, Oct 8- New York's Governor Andrew Cuomo said on Thursday that he is no closer to an agreement with New York City over funding the city's public transport system and that any contribution under $3 billion "short changes" users. Officials from the state, city, and New York's Metropolitan Transportation Authority, which runs the city's subway and bus network,...

  • Asa Hutchinson on Monday urged the U.S. Congress to allow food companies to sell to Cuba on credit, favoring it as a first step in a gradual repeal of sanctions against the Communist-led island. He leads an Arkansas trade delegation, seeking an edge as states jockey to take advantage of the U.S. opening to Cuba. President Barack Obama has used executive authority to...

  • GOVERNOR ANDREW CUOMO TO PUSH FOR $15 HOURLY. MINIMUM WAGE STATEWIDE- WSJ@ statewide- WSJ@. --Note: Reuters has not verified this story and does not vouch for its accuracy.

  • New York Governor Andrew Cuomo visited the U.S. commonwealth on Tuesday, presenting a plan to assist Puerto Rico in seeking federal investment to overhaul its healthcare system, and to pressure the U.S. government to change healthcare funding formulas. As Puerto Rico struggles under $72 billion in debt, its fate has become a talking point for many U.S....

  • NEW YORK, Sept 3- Puerto Rico is getting attention from 2016 presidential hopefuls, who are making early stops in the U.S. territory, likely in part due to the rapidly growing number of Puerto Ricans living in the key battleground state of Florida. "The Puerto Rico vote in Florida, a swing state, is substantial," said U.S. Clinton, the leading Democratic candidate and...

  • Old airports, congestion add to flier frustration Wednesday, 19 Aug 2015 | 2:52 PM ET
    A passenger attempts to check himself in from a self-service kiosk at LaGuardia Airport in New York.

    Two big culprits behind flier frustration are the country's aging airports and growing congestion in the skies.

  • Billionaire: NY should raise minimum wage to $15 Wednesday, 12 Aug 2015 | 12:22 PM ET
    Labor leaders, workers and activists attend a rally for a $15 minimum hourly wage on July 22, 2015, in New York City.

    Opponents of the $15 minimum wage are practicing "Chicken Little Economics" and it needs to stop, says billionaire VC Nick Hanauer.

  • LaGuardia Airport gets a facelift Tuesday, 28 Jul 2015 | 6:00 AM ET
    LaGuardia airport gets a facelift

    New York City's LaGuardia airport to get a $4 billion makeover.

  • NY Gov Cuomo unveils $4B overhaul for LaGuardia Monday, 27 Jul 2015 | 2:59 PM ET
    Vice President Joe Biden (L) appears with New York Gov. Andrew Cuomo to unveil plans for new area infrastructure projects on July 27, 2015 in New York City.

    New York Gov. Andrew Cuomo announced on Monday a plan to completely overhaul LaGuardia Airport that comes with a $4 billion price tag.

  • $15 an hour means no food stamps: KFC worker Thursday, 23 Jul 2015 | 9:43 AM ET
    Fast-food workers and activists demonstrate outside the McDonald's corporate campus on May 21, 2014, in Oak Brook, Illinois. The demonstrators were calling on McDonald's to pay a minimum wage of $15 per hour and offer better working conditions for their employees.

    Winning $15 an hour is a big deal: It means no food stamps and being able to support four kids and a wife with cancer, says KFC worker Alvin Major.

  • Chipotle will reimburse your kids' tuition Tuesday, 9 Jun 2015 | 12:54 PM ET
    Chipotle restaurant workers fill orders for customers in Miami.

    Chipotle Mexican Grill said it will offer new benefits including tuition reimbursement. Will other companies follow?

  • 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.