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Andrew Cuomo

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  • NEW YORK— The cost of traveling in New York City is going up. Beginning March 22, the cost of a subway or bus ride will increase by 25 cents, to $2.75, under a package of fare increases approved Thursday by the Metropolitan Transportation Authority, the state agency that manages subways, buses, commuter trains, bridges and tunnels in New York City and surrounding areas.

  • New York City subway, bus fares to increase Thursday, 22 Jan 2015 | 12:58 PM ET

    NEW YORK, Jan 22- New York City's Metropolitan Transportation Authority voted on Thursday to increase subway and bus fares on the nation's largest mass transit system in March. The cost of riding a subway or bus will increase to $2.75 from $2.50 and riders will get an 11 percent bonus by putting $5.50 or more on a Metrocard, which is used for access to the system, the...

  • Here are details from the $141.6 billion state budget proposal announced Wednesday by Gov. —New property tax credit for homeowners whose tax burden exceeds 6 percent of their income, so long as their income is below $250,000 and their communities abide by a tax cap. —Minimum wage: Would increase to $10.50 an hour statewide and $11.50 in New York City by end of 2016....

  • Cuomo backs state exports overseas, plans trade missions Wednesday, 21 Jan 2015 | 3:03 PM ET

    Andrew Cuomo plans to launch a $35 million program to help New York companies export to established and emerging international markets while planning to lead trade missions in the coming year to Cuba, Mexico, Canada, Italy, China and Israel. His budget proposal Wednesday would put $25 million in a lending program for small businesses intended to leverage $50...

  • Andrew Cuomo wants New York to raise its minimum wage to $10.50 an hour. Cuomo's proposal would raise it to $10.50 by the end of 2016. The Democratic governor would also give New York City the authority to boost it to $11.50. New York City Mayor Bill de Blasio has pushed for the ability to raise the minimum to $13.30.

  • Andrew Cuomo on Wednesday proposed spending $1.1 billion more on the state's schools next year if lawmakers pass several reforms, including on a teacher evaluation system he mocked as "baloney." During a combined State of the State and budget address in Albany, Cuomo also called for raising the cap on charter schools, making it easier to fire bad teachers and...

  • Andrew Cuomo called for big investments in transportation, a higher minimum wage and a new teacher evaluation system Wednesday in a sprawling address that laid out his priorities for 2015.. "New York is the state that leads, and it always has," Cuomo told a 2,200- person audience at the Empire State Plaza Convention Center. "While Washington fights and gridlocks, we...

  • Andrew Cuomo unveiled plans Tuesday to fulfill a long-held dream for New York City travelers: a rail link to LaGuardia Airport, one of the busiest airports in the nation. That really is inexcusable, and that is going to change, "Cuomo said in a speech to a gathering of the business group Association for a Better New York in Manhattan. The construction would be managed...

  • Jan 17- New York Governor Andrew Cuomo will lead one of the first trade missions to Cuba from the United States since the Obama administration loosened travel and trade restrictions on the Communist-ruled Caribbean island, his office confirmed on Saturday. The announcement came as Vermont Democratic Senator Patrick Leahy set off on the first congressional...

  • ALBANY, N.Y., Dec 17- When Governor Andrew Cuomo announced a ban on fracking in New York on Wednesday, he predicted "a ton of lawsuits" against the state. Six years ago, before the start of a lengthy New York moratorium on hydraulic fracturing of natural gas, the governor might have been right. Chesapeake Energy, once one of the biggest leaseholders in New York, last year...

  • UPDATE 1-New York bans fracking after health report Wednesday, 17 Dec 2014 | 1:31 PM ET

    Dec 17- New York governor Andrew Cuomo's administration said on Wednesday it will ban hydraulic fracturing in the state after a long-awaited report concluded that the oil and gas production process poses health risks. Governor Andrew Cuomo, answering questions from journalists, said the decision on whether to allow this kind of drilling in New York was up to...

  • N.Y. extends fracking ban after health report Wednesday, 17 Dec 2014 | 1:01 PM ET

    Dec 17- New York Environmental Commissioner Joseph Martens said Wednesday he will issue an order early next year banning fracking in New York "at this time", extending an already six-year halt to fracking in the state. Martens made his comments after the state's Health Commissioner Howard Zucker said there is not enough scientific information to conclude that...

  • NEW YORK, Dec 14- For the past 18 months, Americans from Albany to Oregon have voiced growing alarm over the rising number of oil-laden freight trains coursing through their cities, a trend they fear is endangering public safety. The public assistance in states like New York, Pennsylvania, Ohio, Oklahoma and Oregon comes as railroads are posting record profits, and...

  • NEW YORK, Oct 29- A strategic fuel reserve at six locations in upstate New York is expected to be operational in November to ensure gasoline and diesel fuel are available to emergency responders in the event of an emergency such as 2012' s Hurricane Sandy. Approximately 2.5 million gallons of gasoline and ultra-low sulfur diesel will be kept in the reserve in...

  • New York state to set up upstate fuel reserve in November Wednesday, 29 Oct 2014 | 2:18 PM ET

    NEW YORK, Oct 29- A strategic fuel reserve at six locations in upstate New York is expected to be operational in November to ensure gasoline and diesel fuel are available to emergency responders in the event of an emergencies like 2012' s Hurricane Sandy. Approximately 2.5 million gallons of gasoline and ultra-low sulfur diesel will be kept in the reserve in...

  • WASHINGTON, Oct 28- It's not often that a White House official gets mocked on both Saturday Night Live and a major daily newspaper before he makes his first public appearance. But Ron Klain's low-profile first week as President Barack Obama's behind-the-scenes Ebola "czar" has become another attack point for a White House struggling to show it's on top of the...

  • 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.

  • NEW YORK, Oct 24- Market fluctuations eased on Friday and the Standard& Poor's 500 index ended its best week in almost two years as fears dwindled that the first Ebola diagnosis in New York could lead to widespread contagion in the nation's financial capital. "Ebola is really center stage as the No. 1 fear of the market right now because of the immediate reaction...

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

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

  • New York to form first U.S. state Ex-Im bank - Cuomo Tuesday, 7 Oct 2014 | 7:56 PM ET

    NEW YORK, Oct 7- New York plans to form the first U.S. state version of the federal Export-Import Bank to help businesses expand overseas, Governor Andrew Cuomo said on Tuesday, in a vote of confidence in a credit agency that critics have decried as corporate welfare. "We're going to capitalize it with $35 million to start," Cuomo said at a trade summit in New York,...