News

29
Jul
2005
ALBANY— It is in New York’s best interest to promote strong, reputable companies that provide jobs, support the local community and contribute significantly to our economy, said Business Council President Daniel B. Walsh in support of the merger proposals of Verizon and AT&T
28
Jul
2005
It is in New York’s best interest to promote strong, reputable companies that provide jobs, support the local community and contribute significantly to our economy, said Business Council President Daniel B. Walsh in support of the merger proposals of Verizon and AT&T
22
Jul
2005
Two-thirds of New York CEOs the Rochester Business Journal identifies as the top fifty in Rochester identify “excessive state taxes and regulations,” as the biggest obstacle to growth. This is the second year the Business Journal asked CEOs from the Rochester area what they think the “most significant obstacle to growth of the local economy” is, the paper said
21
Jul
2005
Comptroller Alan Hevesi has announced that he will block the state from a borrowing plan that his office calls a "fiscal gimmick" and "a $1.77 billion secret tax hike on businesses and taxpayers." The proposed borrowing, which would have been run through the Thruway Authority, is one piece of an overall $17
18
Jul
2005
The state Insurance Department has approved a 5 percent increase in the average workers’ compensation premium for the 12-month period beginning October 1. The state’s Compensation Insurance Rating Board (CIRB) had requested an increase of 16.1 percent in average premiums
18
Jul
2005
Despite ever-increasing public employee pension costs, lawmakers in New York have introduced “literally hundreds” of bills that would further increase government workers’ retirement benefits, according to a new analysis by the Manhattan Institute’s Empire Center
05
Jul
2005
New York’s workers’ compensation costs are already too high, and a proposal to significantly increase that burden highlights again the importance of enacting cost-cutting reforms to address the problem, The Business Council said in testimony submitted to the state Insurance Dept
29
Jun
2005
New York State is among the least economically free areas in North America, according to a new report by the National Center for Policy Analysis (NCPA) and the Fraser Institute of Canada. The report, Economic Freedom of North America, measured the economic freedom of all fifty states and 10 Canadian provinces in “an attempt to gauge the extent of the restrictions on economic freedom imposed by governments in North America
24
Jun
2005
With strong support from The Business Council, state legislators approved legislation that would extend and modify several New York Power Authority (NYPA) programs that provide reduced-rate power to eligible employers across the state
22
Jun
2005
The Business Council is strongly supporting legislation to extend and modify several New York Power Authority (NYPA) programs that provide reduced-rate power to eligible employers across the state. "Electric power costs continue to be a significant competitiveness issue for New York State businesses, and especially for manufacturers," the Council said in a legislative memo supporting the bill