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Andrew Cuomo

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  • SCHENECTADY, N.Y.— A racino on New York's Southern Tier submitted a proposal Thursday for a $145 million expansion to a full Las Vegas-style gambling facility, the first of what is expected to be at least two applications for a casino license in the economically struggling area. The application from Tioga Downs, which is located west of Binghamton, filled 55 boxes...

  • 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...

  • 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...

  • NEW YORK, Feb 5- Wells Fargo& Co has agreed to pay $4 million for violations on credit card accounts at a former affiliate, New York Governor Andrew Cuomo said. Wells Fargo will pay a $2 million penalty and $2 million in restitution to consumers after the affiliate illegally took interests in borrowers' homes, in exchange for extending credit for routine credit card...

  • NEW YORK, Jan 29- With a scheduled trial just four weeks away, the former chairman of American International Group Inc said New York's attorney general should abandon his nearly decade-old fraud case against him, calling it a waste of taxpayer dollars in pursuit of a hollow "trophy" victory. The non-jury trial, scheduled for Feb. 24 in Manhattan before State Supreme...

  • NEW YORK, Jan 29- When Marty Weinstein decided to quit smoking, he took a friend's advice and tried electronic cigarettes rather than government-approved nicotine replacement products. E-cigarette makers in the United States are barred from explicitly marketing the products as smoking cessation devices, but have found ways to appeal legally to smokers who...

  • MARSHFIELD, Mass., Jan 28- Ocean Street in the waterfront Massachusetts town of Marshfield was littered with lobster traps, downed wires and chunks of houses on Wednesday, the day after a massive blizzard hammered New England. Notably absent was much of the 2 feet of snow that blanketed much of the Boston area, since for much of the storm, Ocean Street was under water...

  • New England digs out from massive blizzard Wednesday, 28 Jan 2015 | 9:32 AM ET

    In Massachusetts, which was hit particularly hard, a record-breaking 34.5 inches of snow fell in Worcester, and the 24.4 inches at Boston's Logan International Airport approached record proportions, NWS officials said. Boston- area trains, buses and subways were set to resume normal service, although delays were predicted for the morning commute.

  • BOSTON/ NEW YORK, Jan 27- A powerful blizzard struck Boston and surrounding New England on Tuesday, leaving some 4.5 million people grappling with as much as three feet of snow and coastal flooding but sparing New York City residents who had braced for a significant blast. Snow was forecast to keep falling into early Wednesday in eastern New England, possibly...

  • BOSTON/ NEW YORK, Jan 27- A powerful blizzard struck Boston and surrounding New England on Tuesday, leaving some 4.5 million people grappling with as much as three feet of snow and coastal flooding, but sparing New York City residents who had braced for a significant blast. Snow was forecast to keep falling into early Wednesday in eastern New England, possibly...

  • BOSTON/ NEW YORK, Jan 27- A U.S. blizzard swept past New York City and struck hardest at some 4.5 million people around Boston, dropping nearly three feet of snow in areas and triggering high tides that breached a seawall and forced residents to flee their coastal homes. The snow was forecast to continue into early Wednesday morning in eastern New England, which...