Governor Andrew Cuomo is reportedly putting together a proposal that would see a second, non-Indian operate casino open in downtown Niagara Falls. The question is whether the market could sustain another casino.
The plan was unveiled at the Wild Center in Tupper Lake last week.
The North Country Sustainability Plan was unveiled last week. It tackles energy, land use, transportation and water and waste management across seven counties.The Adirondack North Country Association, Ecology and Environment Inc., and Essex County spent much of the past year compiling the plan. They enlisted the help of another 200 people from around the region for the working groups.
Despite Gov. Andrew Cuomo's recent zest for upstate beer and wine, some industry leaders think his plan has a missing link. Thy say the lack of wine experts known as Master Sommeliers in the upstate region could be a road-block to the sector reaching its full potential and bringing with it growth in tourism.
Boosting exports, focusing on homegrown New York businesses, and the importance of engaging with Generation Y. These were all topics of focus at the Accelerate Upstate 2.0 conference in Buffalo this week.
When Gov. Andrew Cuomo put forward his economic development agenda in his State of the State address in early January, he outlined his plans to grow innovation and entrepreneurship. He spoke of a new venture capital fund, the commercialization of academic research and providing support for startups.
Gov. Andrew Cuomo laid out a number of efforts in his 2013 agenda to encourage the commercialization of academic research and boost entrepreneurship, including a venture capital fund and network of incubators, which are seen as mechanisms to boost economic growth.
The Regional Economic Development Councils have been a cornerstone of Governor Andrew Cuomo's plan to revitalize the state's economy. In his budget address Tuesday, Cuomo proposed a third round of state funding for the regional councils totaling $210 million.
Kodak filed for Chapter 11 bankruptcy a year ago. The intervening months have seen big layoffs, pay freezes for workers, and an end to benefits for many of the company's retirees. However, Kodak also secured an extra $830 million in funding, and sold its patent portfolio.
Credit License Some rights reserved by Håkan Dahlström / Creative Commons License
During his State of the State address on Wednesday, Gov. Andrew Cuomo offered more details on a plan for casino gambling in New York state. If the governor gets his way, the proposed new casinos would come to upstate first.
The national unemployment level remained unchanged at 7.8 percent for December, according to Bureau of Labor Statistic figures released today. This is the 49th consecutive month unemployment has been above 7 percent but according to analysis from an interest group, those numbers don’t reflect the reality for young adults.
Tuesday’s fiscal cliff package included extensions to a range of business-related tax credits, including one aimed at supporting research and development. Although Rochester, Buffalo and Syracuse have some of the most active R & D economies in the country, experts say the deal could be a double-edged sword for upstate New York.
Nearly all of Fort Drum's soldiers are at the post right now, not on deployments – and that's a first for the region since the installation's expansion in 2001. That has tightened the region's housing market, for soldiers, who have fewer choices, and for civilians, who don't receive housing assistance like soldiers do and are looking for affordable housing.
Kodak has reached an agreement for the sale of their digital patent portfolio. Under the agreement, the company will receive $525 million for the imaging patents from Intellectual Ventures, a major holder of US patents, and a group of 12 licensees.
For those on the pro-fracking side, the newest regulations are both a good sign and a troubling one. On the one hand, they're a light at the end of the tunnel, proof that permits for hydrofracking aren’t far off. But, on the other hand, fracking supporters say that the Department of Environmental Conservation has only answered the concerns of the anti-fracking lobby.
A MEADS missile system on display at a trade show.
Money for the final year of a missile system that supports a few hundred jobs for a defense contractor near Syracuse has been removed from Congress' defense budget. But Lockheed Martin is keeping optimistic that the money could find its way back into the budget.
Closing the gap between innovation and commercialization is the key to boosting the national economy. That is one of the messages at a manufacturing summit being held in Rochester this week. Industry leaders say economic growth triggered by American ideas needs to be kept within the United States' borders.
The walls on the 55,000 square foot expansion started going up a few weeks ago, but company owners and state and local economic development officials still gathered Thursday at Currier Plastics in Auburn to throw some dirt around with gleaming shovels.