News

25
Oct
2001
Governor Pataki and legislative leaders have approved $500 million in new initiatives, including new investments in high-tech R&D and nine new economic development zones. To create new state revenues, lawmakers also expanded legal gambling by authorizing creation of six casinos, three each in the Catskills and the Buffalo-Niagara Falls region
25
Oct
2001
The percentage of employers who think their health-care costs are "out of control" is up from 48 percent in 2000 to 59 percent this year, a new Harris Interactive survey shows. As a result, human resources directors of most employers of all sizes plan changes in health plans over the next two years that will shift greater costs to their employees
24
Oct
2001
The Business Council's workers' compensation specialist is visiting members across the state to learn more about their experiences with the workers' comp system and to seek their ideas for legislative, regulatory, and administrative reforms to that system
24
Oct
2001
New York's economic slowdown this year will trigger an increase in state unemployment insurance (UI) taxes in 2002, Rich Schwarz, The Council's tax specialist, has projected. As of Sept. 7, New York State employers had paid $1
23
Oct
2001
New York's fourth-grade students performed better on standardized math tests than last year's fourth-graders, but middle-school students' results on English and math tests remained static or declined slightly, results from the 2001 tests showed
17
Oct
2001
ALBANY—New York urgently needs to site a proposed electricity generating facility in Albany County - and at least a dozen other new power plants - to avoid the risk of serious damage to the state's economic health, a new white paper by The Public Policy Institute of New York State argues
11
Oct
2001
The head of New York's Workers' Compensation Board (WCB) praised New York businesses for their flexibility and aggressiveness on workers' comp claims stemming from the Sept. 11 terrorism. Robert Snashall, chairman of the Workers' Compensation Board, spoke at the Oct. 10 meeting of The Council's Workers' Compensation Committee in Albany
11
Oct
2001
Governor George Pataki has asked the federal government for $54 billion in new aid to rebuild downtown Manhattan, reinvigorate the state's economy, and enhance the state's security. "We must make restoring the strength of the New York economy one of our top priorities, and, to do that, we must rebuild our nation's financial capital," the Governor said in announcing the "Rebuild NY - Renew America" plan Oct
09
Oct
2001
ALBANY—New uncertainties about New York's economic future make it more important than ever that state lawmakers help make affordable health insurance more accessible to sole proprietors, Business Council President Daniel B. Walsh said today. The Business Council this week has stepped up calls to lawmakers urging them to pass legislation that would let sole proprietors buy health insurance at group rates through chambers of commerce and other business associations
04
Oct
2001
New York's research institutions may be asked to add new priorities to their research agendas in the wake of the Sept. 11 terrorism attacks, U.S. Rep. Sherwood Boehlert (R-New Hartford), chair of the House Science Committee, said in an Oct