“Why is this so important? Because whether you know it or not, almost every device, every machine you own, depends on a chip.”
“Why is this so important? Because whether you know it or not, almost every device, every machine you own, depends on a chip.”
Forecasters predict Pennsylvania will rake in nearly 15 percent more this year than last. That would be the largest increase of any state.
Wall Street executives are pushing vaccinated workers to return to work, and that’s good news for vendors and other small businesses in New York that depend on workers from finance.
“The best way to get our economy back and to rebuild our middle class is to support our unions and our workers.”
Wegmans recently notified customers that two databases used for the company’s internal business purposes were inadvertently left open to potential outside access.
Burns began at Xerox as an intern and worked her way up through the ranks for almost three decades before being named CEO.
The good news is that the local economy is improving and more tourists are coming to town. The bad news is there is a shortage of workers to staff businesses and serve those tourists.
The tourism industry claims 70% of a $900 million industry in central New York, was lost in the past year.
“Business owners have seen their work and their dreams just disappear. I don’t know how many thousands of businesses have closed permanently, but it’s thousands, and that’s just a tragedy.”
“If you have a shortage of something, it’s because the price is too low. So, if you have a shortage of labor, maybe you should consider paying them more”
“Gaming is one of the hottest, and fastest growing industries and companies close to home. More people do video games than watch movies. Look at Hollywood. We can become the Hollywood of gaming.”
There’s a silver lining to all those empty storefronts in New York City: Some business owners are snagging prime Manhattan locations ahead of the Great Reopening.
The rate increases include a $1.54 a month increase in the Broadcast TV Surcharge, which Spectrum said reflects the costs incurred from local broadcast TV stations.
“It is time to begin removing certain restrictions and regulations that are no longer necessary, so we can safely reopen and rebuild our state’s economy,”
Senate Minority Leader Rob Ortt said he was concerned about a proposed fee in the legislation that would charge fossil fuel companies $55 per ton of greenhouse gases.
“While we, the United States, and our genius created the chips, and we are the leader in creating the most advanced chips, we don’t make them here as much as we should.”
The final phases have been on hold since late last year due to the coronavirus pandemic, but all workers have to do now is some fine-tuning and system tests.
Chef Amanda Cohen, owner of Dirt Candy in New York City, says the coronavirus relief package’s $28.6 billion for independent and small-chain restaurants means many in the industry can stay afloat.
About 40% of the CEOs surveyed believe economic conditions in upstate NY will improve this year.
The Bureau of Labor Statistics recently reported that the national unemployment rate for March was around 6%. Meanwhile, that number for New York State was still at around 8.8% as of February.
As the coronavirus pandemic turns one, researchers have found women have lost decades of economic progress, but some have also found a new voice in advocating for better family and work policies.
“Beer industry growth is coming from flavored malt beverages, seltzers and through innovation. We’re investing behind that while our beer business also grows share but in declining or flat categories.”
New York now allows the resumption of weddings. But wedding planners have a list of COVID-19 safety measures to follow.
The data have shown that restaurants can operate safely and in accordance with strict health protocols at 75% capacity. New York City restaurant capacity will remain at 35% capacity.
That money would be used to fill the state’s budget deficit, which Cuomo’s office has projected to be about $15 billion over two years.
Movie theaters in New York City are reopening after nearly a year. And the decisions has consequences for the entire globaly output of Hollywood.
“What we’ve seen in other states like Colorado — less taxes and lower barrier to entry — means more revenue. More revenue means more money for community reinvestment.”
Restaurant and bar owners have pressured state lawmakers for months to give their struggling businesses more help.
Industry rejects report, calls gas development a ‘game-changer for local economies’
Cuomo’s proposal would set aside $100 million of the state tax revenue generated by the cannabis industry to be reinvested for purposes of social equity, targeting communities disproportionately impacted by the state’s drug laws.
“We’re both happy with what we do and none of that will change. And there’ll be no attempt to close any stores.”
“Thousands of restaurants throughout New York state will close if we don’t get them some immediate relief.”
“With the holiday surge now in our rear-view mirror, we must keep taking steps to further re-open the economy safely and responsibly.”
Officials with the two companies say it will nearly double their collective footprint in the Northeast.
The latest government figures show a net loss of 140,000 jobs in December. What may be surprising is that all those jobs were held by women, especially women of color.
The steepest decline in sales tax collections happened during the peak of the pandemic, when sales tax collections dropped by about 27% statewide.
Mayor Bill de Blasio said that President Trump “incited a rebellion” and that New York City “will not be associated with those unforgivable acts in any shape, way or form.”
“We saw in the first big wave here in New York that the people who bore the brunt, the sacrifice and health problems, were the people who had to go to work.”
A business that traditionally provided line standers for Broadway shows and other events, now serves people who don’t want to wait hours outside a health clinic.
“2021 is going to be literally what we make of it. We’re coming out of probably the most traumatic year that we’ve had in decades.”
If you’re wondering when your check will arrive, what’s up with your unemployment, or what else taxpayers should expect from the new program, here’s what you need to know.
Expansion includes Elmira, Rochester, Syracuse, Albany, and Buffalo in New York state.
“If we do not change the trajectory, we could very well be headed to shutdown, and shutdown is something to worry about.”
“I believe we’re going to have to raise taxes at the end of the day, in any event, but the question is, how much in taxes?”
“Overwhelming the hospital system means people die on a gurney in a hallway, and the life you could’ve saved you can’t save because you don’t have the staff, you don’t have the doctors, you don’t have the nurses.”
The proposed $765 million loan to Kodak was announced last July as part of the company’s plans to make ingredients used in generic pharmaceuticals.
“Nobody’s giving us any direction. We don’t have the unemployment thing in place, we don’t have the other supports that were in place the last time they shut us down, they’re just like, ‘You gotta close.’ ”
“We know that we can’t depend upon the federal government, given the fact that we’ve been waiting for them to respond to this crisis for months now.”
“I would consider it shameful that our federally elected representatives have not been able to come together to provide some type of meaningful assistance.”
“Let’s not do these massive shutdowns of gyms or shopping malls or restaurants. That will just crush the economy more.”
As coronavirus cases soar in Pennsylvania, state lawmakers face a looming deadline to spend $1.3 billion in federal pandemic relief that the commonwealth received in early spring, but still hasn’t used.
There may not be the same level of shelf-clearing seen last spring, but supermarkets, like Wegmans and Tops, continue to limit purchases of certain items.
“It’s definitely a perfect storm with the increased need, stores starting to close, and the donations potentially being fewer, which is why we’re really extending this campaign.”
“We need the economic growth. We need the revenue and we need the restorative justice that the legalization of adult-use cannabis will provide.”
Over 90% of businesses asked say more government funding is needed, and 75% support investment in affordable preschool child for children aged three and younger.
The support for raising the federal minimum wage is higher than it was before the coronavirus pandemic took hold.
“I want people to have fundamental stability in their lives. Nobody’s going to be evicted because of housing.”
One of the reasons the Port of Oswego deals in so much aluminum is Novelis, a plant in Oswego County that prepares the metal for use in cars, cans, and other products.
New York state will begin enforcing its ban on single-use carry-out plastic bags next month after a brief hiatus of the law due to a legal challenge brought earlier this year.
Governor Cuomo had said on Sept. 10 that New York might have to raise taxes to deal with its massive budget deficit but has since walked back those comments.
“I don’t even know what that’s like, having to actually go fill out an application to try to get another job, and fit in somewhere,” said Swain. “Starting over, like that’s just so crazy.”
“It is very stressful. It’s been six months now that we haven’t had the revenue in the stream. It’s been a difficult time.”
“Zero revenue, 100% bills.”
“We’ve been planning this all for a while, so the regulations were about what we thought they were gonna be.”
White House counselor Kellyanne Conway announced she was stepping down from her position to look after her family. Working families across the country are figuring out how to provide care for their children with remote and hybrid schooling this year.
The decision to entrust $765 million of taxpayer money to the former maker of photographic equipment raises several questions about the Trump administration’s due diligence of Kodak.
“Recent allegations of wrongdoing raise serious concerns. We will not proceed any further unless these allegations are cleared.”
U.S. Senator Elizabeth Warren, (D-Massachusetts) said she sent a letter to the SEC Chairman asking that agency to look at the potential for insider trading.
Pennsylvania’s finances received a welcome — but probably temporary — boost in July, with tax collections up 6.6% compared to the same time last year, according to figures released Monday by the state’s Independent Fiscal Office.
Eastman Kodak will help produce components needed to manufacture generic pharmaceuticals with the help of a substantial federal loan.
“If we did something as a business, the person would just up and leave and go somewhere else, because someone else is not going to enforce it.”
Customers with some of the company’s TV packages, like TV Gold, TV Silver and TV Select will see their bills increase $1.50 per month.
“I would never have applied if they hadn’t come and talked to me about it. They emphasized to me: Why don’t you take advantage of some of the things that are out there for you?”
“New Yorkers are outraged at these establishments, we’re getting thousands of complaints, pictures, videos. This is a question of public health.”
Chelsea business owners hope the reopening of the popular elevated park will bring more foot traffic back to the neighborhood.
“We just have to change the law to let folks like this get a second round and we will have many, many more small businesses surviving and even prospering in the next six months.”
“If we’re going to get serious about bridging the urban-rural divide and making sure that schoolchildren are not left behind then we have to work together to do a few things.”
“The federal government’s demands that schools reopen without concern for health, safety and equity are simply out of touch.”
“We are seeing a lot of day- and long-weekend trips to the Finger Lakes, Thousand Islands, Adirondacks, and the Lake George area. State parks remain popular as the tourists enjoy hiking and being out in nature.”
67 Orange Street makes do with take-out and outdoor service while waiting for a decision on inside dining in NYC.
New York City, which normally is the number-one tourism destination in the state, is still viewed by many to be unsafe – opening up new opportunities for upstate.
“We will make it mandatory that they have air filtration systems that can filter out the COVID virus.”
“We are ready to be back in business in a safe and effective manner and we’re just hoping that we can have the opportunity to do so, so that we can feed our families.”
Mayor Bill de Blasio warned that without aid from Albany and Washington, as well as concessions from labor groups, every department would face unprecedented job cuts
The unemployment rate nearly quadrupled in New York state’s metro areas in May compared to the same time last year, landing at 14.5% across the board, according to data released Tuesday by the state Department of Labor.
Broome County Executive Jason Garnar tweeted the Southern Tier region had been cleared to begin Phase 4 Friday. But he did not indicate what businesses would be opening.
“It’s business critical at this point. We’ve been shut down for three months and we have zero revenue, still having many of the obligations that we had before.”
Hundreds of thousands of New Yorkers will be getting more money than usual to help with groceries this month.
New York State Comptroller Thomas DiNapoli said that sales tax revenue for local governments fell by more than 32% in May compared to the same month a year ago.
“The machine itself will tell you when and if it has been sanitized since it last was played and at what time.”
As the Finger Lakes region moves through the phases of reopening its economy, people who work with the region’s oldest residents say they still need to take extra precautions.
“This is going to be our new normal when the government allows us to come back. So, I am giving it a go.”
“If I’m not making money, if I can’t sustain rent on 2,400 square feet, plus utilities, then it’s no longer a benefit for me to keep the business as it was running.”
After rejecting bill to reopen real estate industry, Wolf issues guidelines to accomplish the same goal
Construction has already started on a $350 million, 3.8 million square foot distribution center, where employees will work alongside robots to fulfill smaller customer orders.
Pa. is only state in nation where real estate is on hold during coronavirus
PA business owners share stories of evolving, sometimes contradictory, guidance from state
The state’s unemployment benefits agency continues to deal with “an avalanche of claims.”
“Going out there and saying ‘support your local economy’ is going to make you look bad if at the same time you are saying ‘put your kids in danger.’”
“There’s a lot of people who think nothing will happen to them, and keep getting together, keep having parties.”
How this business qualified for a waiver is unclear from just the information DCED posted on its website.
“It wasn’t about getting masks out to the public. It was about saving his company and making as much money as possible.”
As sales to restaurant clients dried up, oyster farmer Peter Stein had to adapt or perish. Now, he’s delivering oysters directly to individual customers, doing about 20% of his usual business.
Many of these companies have already instituted a variety of protocols to keep workers safe.
Help with refinancing debt could help shale companies in PA
They are particularly at risk of serious complications or death if they get the coronavirus, but if they refuse to work, they could lose their job and unemployment.
The state issued 12,826 denials and 11,635 businesses were told that their request did not require an exemption.
“They are all feeling very ready to get back to work. Most of them are in the process of trying to develop plans to get there.”
The governor says the state cannot widely enforce its worker safety order.
The stores will be limited to no more than 25 people, including employees, in a store at any one time.
Maxwell Kirsner built sets for big events. Then he, his fiancée and their coworkers were laid off. Kirsner says he’s optimistic the city will make it back, but he’s worried how long that will take.
Visits to any dealership will be by appointment only, and a number of safety precautions will be monitored to keep dealers and buyers safe.
“Is this the new normal in terms of what we’re going to do in terms of shutting down the economy?”
Democrats backing the bill say the White House has not fully utilized the power of the federal government, which has left hospitals and health care workers shorted in many places.
The state in mid-April ordered all essential employers to provide protections, but some workers say they’ve seen little change.
The entire state is in the red status until Friday.
“You’d rather have a controlled start, so that you don’t have to stop. You reopen too fast, then you have to stop.”
“I think in the aftermath of COVID-19, and hopefully it happens sooner than we think, virtual job fairs are going to become the rule and not the exception.”
Local businesses are coming up with plans for restarting, but how and when they go into effect are still an unknown.
“You rely on your state to bail you out and you can’t get any answers.”
Republicans in legislature want details on how state handled business requests to remain open during coronavirus closures
“We’re deemed essential on the backside, but not on the revenue side.”
“The state is considering a deferral for all companies that have job creation requirements as part of economic development packages.”
“I believe that they are scared. If you listen to a lot of what’s going on [on the news], it’s a lot of overkill, on the fear factor.”
“It’s another Monday, and it’s another end-the-shutdown bill.”
“I’m one to look at the half-full glass … but now I’m looking at which customers of ours are going to survive.”
“As we begin to rethink and restart the economy, projects like this can really help transform communities in a very positive way.”
“Ultimately, the virus is going to set the timeline, not us.”
“We need to be, I think, taking a look at the data, and working with not only the health professionals, but also the business community.”
PA POST – Pennsylvania Gov. Tom Wolf says it’s time to start talking about reopening the state’s economy, but during a Friday afternoon news conference, he avoided providing dates for when he will lift restrictions on Pennsylvania residents and businesses. “Unfortunately, we cannot flip a switch and reopen the commonwealth,” Wolf said. “There isn’t going to be one big day. We need to make smart, data-driven decisions, and we can’t be impulsive. We can’t be emotional.”
Starting next week, Wolf said he plans to describe specific steps for lifting restrictions in Pennsylvania. Those steps will follow guidelines released by the Wolf administration on Friday that emphasize a data-driven approach to create quantifiable criteria and take into account conditions in different regions of the state.
To meet the demand, the plant has delayed upgrades and maintenance on its equipment, reduced the number of products it makes, and reassigned non-manufacturing employees to positions on the production line.
“Still a majority, 57%, say right now the government of the state of New York should concentrate on public health and not on trying to reopen the economy.”
“Reopening businesses too early will only extend the length of the economic hardships created by the pandemic.”
The recent flattening of the state’s coronavirus case count must stay on course.
For almost every tactile experience in the pre-COVID-19 world, there is now an online analog.
“We can now focus on executing our strategy to drive operational efficiencies and position our business for long-term growth.”
“There’s no way I personally want to be responsible for one of our members dying from this or one of their family members.”
The action comes nearly one month after Wolf ordered more than 100 types of “non-life-sustaining” businesses to close or face fines and other penalties.
New Pennsylvania unemployment data shows the coronavirus shutdown has been felt most acutely on a per-capita basis in some of the most rural counties.
“We want it ASAP, but we want it smart. Not political.”
“For making protective masks and hospital gowns … you can’t make that out of wishful thinking, you have to have actual fabric.”
“Now is not the time to ease up on strong mitigation tactics that can help flatten the curve and ease the burden likely to be placed on our healthcare system.”
“Is the world paying attention to this?”
“You want to act like everything is normal, you want to look your brightest…even though that might be a facade.”
“Knowing the process of distillation and how long it takes, I was looking at my barrels and I just thought to myself this would be a great way to help our local community.”
“It’s absolutely crucial that we get this money to people now, for the hospitals now, and for people on the frontlines now, that being individuals.”
“It’s going to be a whole new world on how we’re going to man a job here…until this virus is completely behind us.”
State leads nation in percentage of workforce seeking benefits
Kodak has shipped 40,000 gallons of the isopropyl alcohol over the last week, shipping it in tanker loads from its Eastman Business Park facility.
The Commonwealth’s unemployment compensation program saw more than 378,900 claims filed during the week ending March 21 — 6 percent of the workforce.
The Pennsylvania Governor says the state Department of Community and Economic Development will not respond to open records requests for the foreseeable future,
A Nobel prize-winning economist on what it might take to get our economy growing again.
The governor says he has absolutely “no second thoughts” about ordering a complete shut down of businesses this week.
“People still have dirty clothes.”
“The federal government should order factories to manufacture masks, gowns, ventilators. The essential medical equipment that’s going to make a difference between life and death.”
Wegmans says it needs the additional off-hours to help restock and clean the stores.
“It’s time to hold corporations accountable when they work against the interests of hard-working Americans.”
Amo Houghton, the former Congressman who also had led Corning Incorporated for a number of years, has died at the age of 93.
When some fast-food workers in New York went on strike one morning in 2012, they had no idea it was the beginning of an unusual movement that would propel an economic revolution.
“They’re going to have a mess on their hands when this really goes into effect. There’s going to be some clean up on aisle three.”
The bank says it will shed nearly 15% of its workforce and $100 billion in investments as it refocuses on growth markets in Asia and reduces operations in Europe and the U.S.
Instead, the New York Attorney General says her office hopes to work with all parties to make sure consumers get the best pricing and service possible.
The study found the wine and grape industry in New York directly creates 71,950 jobs, generating $2.79 billion in wages and $6.65 billion in direct economic impact.
“There is no doubt that reducing the mobile market from four to three will be bad for consumers, bad for workers, and bad for innovation.”
Overrides are rare, and can only happen when two-thirds of the legislature are willing to support a bill against the governor’s explicit wishes. The last one happened a decade ago.
Opponents of cashless stores say they discriminate against low-income, homeless and undocumented people.
“Too many corporations are increasing their profits at the expense of the employee.”
Plastics build-out could conflict with governor’s climate goals
The grocery chain is getting an early start on the state-wide ban, which begins in March.
Many Americans who get overwhelmed by student loan debt are told student debt can’t be erased through bankruptcy. Now more judges and lawyers say that’s a myth and bankruptcy can help.
Many cannabis companies saw their stock prices soar in the first few months of 2019, only to see their valuations collapse.
“If we had pre-clearance, that gateway could be used a lot more easily, creating economic growth, bringing dollars, bringing jobs and money to the entire Western New York economy.”
“They have a lot of good benefits available to employees. But most of them don’t come into effect until one of two years into employment.”
Goodwill of the Finger Lakes will remove the single-use bags from all of its Rochester and Syracuse area stores on Saturday, February 1. That’s a month ahead of the state-imposed ban which takes effect March 1.
Leading into 2020, the hourly minimum wage for workers in upstate New York will rise to $11.80. For tipped workers, it will be $7.85 an hour.
State regulators have released new rules to enforce the changes, but groups on both sides of the issue say those rules are flawed.
The proposed Department of Labor rule notes that it could allow employers to save some money by letting tipped and non-tipped workers pool their pay.
There are new guidelines from the federal government that could help hemp farmers in New York state expand their operations. WXXI’s Randy Gorbman explains:
If the latest poll from Siena College is any indication, New Yorkers are feeling a bit better about their personal finances than they did a year ago.
The boom that helped make the U.S. the world’s largest oil producer could be ending. Oil prices are down amid weak demand and investors no longer seem willing to write the industry a blank check.
Central New York’s emerging drone industry is taking some major steps forward, as construction of the infrastructure is complete for the unmanned traffic management drone corridor.
Two Democratic state lawmakers have introduced a bill that would give customers in cafes, fast food shops and even in some restaurants, the option to use their own container for coffee, water, or to bring home left overs.
“I made fun of my husband for the thought of going his early, but apparently he wasn’t alone.”
The state estimates that most jobs created in the next decade will require workers to use computers, and many opportunities will be STEM-related.
Wegmans’ next big store opening is in late October, when it opens its first New York City location in Brooklyn .