Business

6:09am

Mon January 26, 2015
Business

Cuomo's proposed Minimum Wage increase isn't a done deal

Credit Credit Executive Chamber

 

In last week’s State of the State Address, Governor Andrew Cuomo announced a proposal to raise the minimum wage to $10.50 per hour across the state and $11.50 in New York City by the end of 2016. 

State business leaders criticize the measure they say would force them to slow hiring and cut hours.

Sharon Stiller is a Rochester based employment law expert. She says any change will affect state businesses.

Read more
Tags: 

9:57am

Fri January 16, 2015
Business

Governor Announces Upstate Economic Revitalization Competition

Originally published on Thu January 15, 2015 3:13 pm

Governor Cuomo answers questions for the press following the announcement.

Governor Cuomo invites Upstate New York regions to compete for $1.5 billion  in grants. As part of the Economic Revitalization Competition, three winning regions will be granted $500 million each.

Cuomo says the competition is an important aspect of the project.

"If I just gave you the money, you wouldn't do all the hard things you have to do to actually get the money. And the competition amongst yourselves -- I'm telling you -- brings up the performance of everybody."

Read more

2:07pm

Wed January 14, 2015
Business

Rieslings from Finger Lakes region gaining national attention

As we embrace the New Year and gather together with family and friends for winter dinner parties and celebrations you may be in the market for the perfect wine to pair with all that food. When upstate New York residents think wine, they often think Finger Lakes wine. And that very wine, its Riesling in particular, is beginning to gain traction in the mainstream market.

On this episode of Need to Know, host Hélène Biandudi Hofer is joined by David Mansfield, Owner and President of Three Brothers Wineries and Estates and Vinny Aliperti, Owner and Winemaker for Billsboro Winery. They discuss the region’s Riesling options and how to pair this sweet white wine.

8:59am

Wed January 14, 2015
Business

Casino hopes still alive in the Southern Tier

Credit Credit Images_of_Money / flickr

 

The Southern Tier will get another opportunity to land a casino in hopes that it will bring jobs and economic growth to the region. At a meeting in New York City Tuesday night, the New York State Gaming Facility Location Board voted 5-0 to again consider applications from developers in the region who want to open a full-service casino.

Read more

3:45pm

Mon January 12, 2015
Business

Cuomo picks Zemsky to lead state's top development agency

Originally published on Mon January 12, 2015 2:56 pm

Gov. Andrew Cuomo has nominated local developer Howard Zemsky to serve as president and CEO of Empire State Development Corporation, New York State's primary economic development agency.

Read more

Pages