10:17am

Thu December 6, 2012
Energy

DEC "hopes" for February decision on fracking, says Martens

DEC Commissioner says that the fracking review process, such as it is, may be over by end of February or at least "we hope so". (WMHTTV/Marie Cusick)

Karen DeWitt has additional tape on this for later today. The Health Review still hasn't been completed.

More updates after the jump.

Also view Commissioner Martens comments exactly a year ago optimistically predicting a Spring 2012 deadline for the review. (WMHT/New York Now)

Here's some additional reporting from Jon Campbell at Gannett.

Business

Unnamed sources have reportedly told the Wall Street Journal that Kodak has received a bid in the ballpark of the $500 million it needs to acquire for the sale of 1,100 patents to secure the bigger $830 million finance package. Calls to Kodak this morning resulted in a "we can't comment". (D & C)

Philips is to close its lighting factory in Bath reports John Zick for the Corning Leader, with the impact of 280 job losses by the end of 2013. Matt Richmond is following up today.

Sandy reconstruction is going to put the jumper leads to the battery of the north-east construction industry reports Reuters.

The Southern Tier Economic Regional Development Council has put in a number of bids for Round 2 of funding including a $7 million High Technology Incubator. (Steve Reilly for Gannett)

Energy

The Annual Energy Outlook 2013 has been released by the U.S. Energy Information Administration (EIA) and here's what economictimes makes of that.

Money

New York State Comptroller Tom DiNapoli has put a $43 billion cost to New Yorkers if the fiscal cliff scenario proceeds apace. (Jimmy Vielkind reports for timesunion.com)

Tags: