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Andrew Cuomo

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  • US regulators approve Canada-NYC power line Monday, 11 Aug 2014 | 1:56 PM ET

    ALBANY, N.Y.— Federal regulators have completed the environmental review of a proposed 330- mile transmission line to bring lower-cost Canadian hydroelectric power to New York City, the project's developer announced Monday.

  • July 30- Only days before U.S. authorities reached a landmark $8.97 billion settlement with BNP Paribas over the bank's dealings with countries subject to U.S. sanctions, New York Governor Andrew Cuomo intervened to ensure the state government got a much bigger share of the proceeds, according to three people familiar with the situation.

  • NEW YORK, July 24- U.S. authorities' $8.9 billion settlement last month with French bank BNP Paribas for sanctions busting will pay for New York cops to get live computer feeds of street crime and for new carpets in the offices of prosecutors, among many other things. In some places- particularly New York state- that is leading to ugly wrangling over how to spend it.

  • NEW YORK, July 23- Standard& Poor's said on Wednesday it had raised New York state's debt rating by one notch, putting it just under a top investment grade, due to the state government's stronger budgeting practices.

  • Schneiderman finally flexes muscles on Wall Street Friday, 27 Jun 2014 | 7:36 PM ET
    New York Attorney General Eric Schneiderman

    NY Attorney General Eric Schneiderman, seen as a secondary force in policing banks, is taking the lead in possibly his most ambitious case.

  • NEW YORK, June 20- State lawmakers on Friday approved New York City's request to lower its speed limit to 25 miles per hour, down from 30, as part of the city's effort to reduce traffic fatalities.

  • New York Governor Andrew Cuomo, a Democrat, has backed the proposed increase to $8.50 from the current $7.25 an hour, but the bill has met heavy resistance in the state senate, where Republicans have a power sharing agreement with a breakaway group of Democrats.

  • NEW YORK, June 16- Bank of America Corp has become the first big bank to agree to use a New York regulator's database to ensure it does not process illegal payments from payday lenders to state residents, Governor Andrew Cuomo said on Monday.

  • Ex-AIG chief Greenberg loses bid to end New York lawsuit Wednesday, 28 May 2014 | 6:36 PM ET

    NEW YORK, May 28- A New York state judge has rejected a request by Maurice "Hank" Greenberg, the former American International Group Inc chief executive officer, to dismiss a long-running civil lawsuit by the state's attorney general.

  • NEW YORK, May 16- New Yorkers who rely on the state pension fund for their retirement may be short-changed about $735 million over the next 10 years as a result of Governor Andrew Cuomo's policy of permitting local authorities to defer fund payments so they can fill budget gaps and pay for services such as schools, street lights and police.

  • April 30- New York state's main banking regulator said on Wednesday it had teamed up with card payment companies Visa Inc and MasterCard Inc to curb illegal payday loans through debit card transactions.

  • NEW YORK/ DETROIT, April 28- Toyota Motor Corp. said it will move its U.S. sales headquarters from southern California to suburban Dallas, delivering the latest blow to California in a fight for jobs with arch-rival Texas, whose Governor Rick Perry has been actively poaching businesses from the Golden State.

  • NEW YORK/ DETROIT, April 28- Toyota Motor Corp. said it will move its U.S. sales headquarters from southern California to suburban Dallas, delivering the latest blow to California in a fight for jobs with arch-rival Texas, whose Governor Rick Perry has been actively poaching businesses from the Golden State.

  • NEW YORK/ DETROIT, April 27- Toyota Motor Corp. is moving its U.S. sales headquarters from southern California to suburban Dallas, according to two people familiar with the company's plans. Toyota is not the first company to announce plans to leave California for Texas.

  • April 25- Bank of America Corp's former finance chief, Joe Price, has agreed to pay $7.5 million to settle a New York lawsuit that accused the bank and its former executives of misleading investors during the lender's acquisition of Merrill Lynch.

  • April 25- Bank of America Corp's former finance chief, Joe Price, has agreed to pay $7.5 million to settle a New York lawsuit that accused the bank and its former executives of misleading investors during the lender's acquisition of Merrill Lynch.

  • NEW YORK, April 1- New York legislators approved a $137.9 billion budget for the state's 2014-15 fiscal year late on Monday, providing funding for statewide full-day pre-kindergarten programs and keeping spending growth below 2 percent.

  • NEW YORK, March 26- Kenneth Lewis, who turned Bank of America Corp into the nation's largest bank but also saddled it with enormous losses tied to mortgages, has settled a lawsuit accusing him of deceiving investors about one of his biggest acquisitions: Merrill Lynch& Co..

  • BofA settles with Fannie/Freddie regulator for $9.3B Wednesday, 26 Mar 2014 | 4:38 PM ET
    Kenneth D. Lewis

    Bank of America's ex-CEO Kenneth Lewis has settled a lawsuit accusing him of deceiving investors about one of his biggest acquisitions: Merrill Lynch.

  • NEW YORK, March 26- Kenneth Lewis, who turned Bank of America Corp into the nation's largest bank but also saddled it with enormous losses tied to mortgages, has settled a lawsuit accusing him of deceiving investors about one of his biggest acquisitions: Merrill Lynch& Co..