Economy and Business

Gabe Altieri / WSKG

State lawmakers on both sides of the aisle are touting workers' compensation reform as a win this legislative session. It was added as part of the recently approved New York State budget.

Gabe Altieri / WSKG

Micatu is growing fast, The Horseheads start-up has over 20 employees right now and wants to expand to more than a hundred. “Started in my garage with $75 and, you know, five years later, here we  are," co-founder Mike Oshetski explained.

US Mission Geneva / Flickr

 

BOISE, Idaho (AP) — Greek yogurt giant Chobani is suing right-wing radio host Alex Jones, accusing the conspiracy theorist of publishing false information about the company. 

Ellen Abbott, WRVO

SYRACUSE (WRVO) - Developers are asking the Syracuse Industrial Development Agency for tax breaks to build a new Hampton Inn in Syracuse’s trendy Armory Square neighborhood. But it comes at a time when new hotels are sprouting up all over central New York. 

Mike Groll / AP Photo

A fiscal watchdog group is questioning the state’s century-old prevailing wage law for construction workers, saying it unnecessarily costs taxpayers billions of dollars a year in added expenses for big road, bridge and other projects.

Gabe Altieri / WSKG

Public money is often used to fund stadium upgrades. Elected officials say it builds up a local economy by attracting businesses, who want to set up nearby, and people, who spend their dollars in the city.

Matt Ryan / WMHT

 

ALBANY, N.Y. (AP) — Gov. Andrew Cuomo's main economic development engine for New York no longer has a provision that requires participating businesses to report how many jobs they've created.

governorandrewcuomo

BUFFALO (WBFO) - With the passage of the state budget, lawmakers have approved the Buffalo Billion II, the second wave of Gov. Andrew Cuomo's economic development plan for Western New York.  The $400 million in state dollars will help boost some high-profile projects. But there are those who believe the program's lack of transparency makes it vulnerable to corruption. 

Dougtone / Flickr

A high-tech business incubator. Rural high speed internet. Flood mitigation. A wide range of major infrastructure projects in our area are funded through the Appalachian Regional Commission (ARC).

401k / Flickr

New Yorkers are feeling better about the economy than they have in over 16 years, and one economist says you can thank President Trump for that, at least in part. 

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