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Financial 411: New Year, New Governor

Monday, January 03, 2011

WNYC

Andrew Cuomo is now New York's governor and it will now be up to him to fix the state's growing fiscal crisis.  And it won't be easy. The state faces an estimated $9 billion budget deficit and a divided legislature, and, as Cuomo himself said in his inaugural speech, "The words 'government in Albany' have become a national punch line."

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Rains Ease in Australia, As Country Begins Recovery From Floods

Monday, January 03, 2011

WNYC

Military planes are flying food and other supplies toward the areas hit hardest by floods in Australia today and police are increasing patrols in evacuated regions amid reports of looting, reports The Associated Press.

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Jazz Musician Billy Taylor Dies at 89

Thursday, December 30, 2010

Billy Taylor, the pianist and composer who became one of the nation's most ardent promoters of jazz, has died at the age of 89. His wife said he died of a heart attack Tuesday night in Manhattan.

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Mapping the Storm Clean-up

Wednesday, December 29, 2010

We've been asking readers and listeners to let us know if their streets have been plowed. Here's a map from folks who texted us the situation on their street as of Wednesday (white balloons represent unplowed streets). Let us know yours by texting PLOW to 30644.

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Major Winter Storm Hits New York

Sunday, December 26, 2010

The entire New York City metropolitan area is under a blizzard warning until 6 p.m. Monday. City officials are urging people to stay off the roads. Travel will be especially treache...

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Californians Begin Clean Up After Massive Rains

Friday, December 24, 2010

WNYC

Californians are beginning to clean up after floods, mudslides and evacuations during a weeklong onslaught of rain.

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Mumbai Police Search for Four in Alleged Terror Plot

Friday, December 24, 2010

WNYC

Police in India are searching for four men they say entered the city of Mumbai to carry out a terrorist attack.

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Congress Approves 9/11 Health Bill

Wednesday, December 22, 2010

Congress has approved the James Zadroga 9/11 Health and Compensation Act, paving the way for health care and compensation for New Yorkers who have been sickened by the dust from World Trade Center attacks.

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'Spider-Man' Actor Injured During Preview Performance

Tuesday, December 21, 2010

Human error caused the latest accident in the Spider-Man musical. That's the conclusion reached during a meeting between the show's producers, the state Department of Labor, the Federal Occupational Safety and Health Administration and the union, Actors Equity.

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Cuomo Files Lawsuit Against Ernst & Young

Tuesday, December 21, 2010

New York attorney general Andrew Cuomo has filed a civil lawsuit against the accounting firm Ernst and Young.

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Harlem Buyback Gets 350 Guns Off the Street

Sunday, December 19, 2010

A gun buyback held in Harlem by the New York Police Department and the Reverend Al Sharpton's National Action Network brought in more than 350 weapons. Saturday's event at Saint Mark the Evangelist and Memorial Baptist Churches took place as Sharpton and Police Commissioner Ray Kelly held an anti-violence summit blocks away.

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Bloomberg Suspends Head of City Payroll Amid CityTime Troubles

Saturday, December 18, 2010

The head of the office that oversees New York City's troubled CityTime payroll system has been shown the door. Joel Bondy, executive director of the city's Office of Payroll Administration, was suspended without pay on Wednesday, according to Mayor Michael Bloomberg's office.

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$7.2 Billion Settlement Announced for Madoff Victims

Friday, December 17, 2010

Irving Picard, the trustee recovering money for Bernard Madoff's investors, has reached a $7.2 billion settlement with the estate of a Florida businessman on Friday. The late Jeffry Picower was the single-largest beneficiary of the fraud.

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US Senate Passes Tax Cut Package

Wednesday, December 15, 2010

The Senate has passed a $858 billion compromise tax plan by a wide margin. The vote was 81 to 19. Thirteen of those voting against the measure were Democrats, who had fought against an extension of tax breaks for the wealthy.

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Police Believe Serial Killer May Have Dumped Four Bodies On Long Island

Tuesday, December 14, 2010

Suffolk County's police commissioner says investigators are considering the possibility that a serial killer may have dumped four bodies found along a beach road in Babylon, near Cedar Beach on Long Island.

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City Council Holds Hearing on Bike Lanes

Friday, December 10, 2010

The rest of the country has culture wars. New York City has bike lane wars. Transportation Commissioner Janette Sadik-Khan was grilled by city lawmakers this week at a hearing about b...

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New Subway Link for Brooklyn Riders

Friday, December 10, 2010

Subway riders have a new transfer option in Brooklyn.

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Financial 411: Recovering Money for Madoff's Victims

Thursday, December 09, 2010

WNYC

The clock is ticking on efforts to claw back billions of dollars for Bernard Madoff's victims. How much money can be recovered?

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Father of Would-Be Subway Bomber Pleads Not Guilty

Thursday, December 09, 2010

The father of Najibullah Zazi has pleaded not guilty to charges including obstruction of justice. Mohammed Wali Zazi entered the plea in Brooklyn federal court this morning.

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Elizabeth Edwards Dies in North Carolina

Tuesday, December 07, 2010

Friends say Elizabeth Edwards, the wife of former Vice Presidential nominee John Edwards, died at her Chapel Hill home on Tuesday after a long battle with breast cancer.

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