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Politics

State cash can go to private business, court rules

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Marie Cusick
/
WMHT

Today in your Trail Mix:

Private companies can receive taxpayer dollars, according to a court ruling.

More electric vehicle charging stations are popping up in Albany.

A drilling moratorium is an "iron curtain."

Plus, savings bonds go digital.

Government funding

New York can legally give taxpayer funds to private firms to create jobs, according to a ruling by the state Court of Appeals (Jon Campbell, Gannett).

The failure of the supercommittee could cost New York $5 billion over the next decade (Marie Cusick, Innovation Trail).

Schuyler, Seneca, Steuben, Allegany, Cayuga, Chemung and Tompkins counties are all eligible for USDA aid after this fall's tropical storms (Press & Sun-Bulletin).

Binghamton, the Adirondacks, and western New York have gotten HUD money to link housing, jobs, schools, and transportation (Empire State Future).

A nonprofit has received $11 million in assistance from Erie County's industrial development agency to consolidate two facilities outside Buffalo (David Robinson, Buffalo News).

Binghamton's city council overrode the mayor's veto of budget cuts, implementing a budget that cuts $800,000 (Nancy Dooling, Press & Sun-Bulletin).

Business

A ShopRite in Niskayuna has installed electric vehicle charging spots (All Over Albany).

About 200 workers are being idled without pay at Momentive Performance Materials' plant north of Troy, because there's not enough work (Eric Anderson, The Buzz).

A foreclosure law firm is laying off 90 workers as it shuts down (Jonathan D. Epstein, Buffalo News).

Rochester votes on plans by Genesee Brewery to demolish a historic building next month (Brian Sharp, Democrat and Chronicle).

Iconic Syracuse restaurateur Linda "Sparky" Mortimer has died (Don Cazentre, Post-Standard).

University of Rochester researchers have developed an "oil light" for your heart (Tom Tobin, Democrat and Chronicle).

Energy

The moratorium on drilling in the Delaware River basin is an "economic iron curtain" according to one landowner (Susan Phillips, State Impact PA).

WSKG has archived audio of last week's DEC fracking hearings, if you missed them.

Ahead of schedule, National Grid is done with an upgrade triggered by its purchase of a Brooklyn-based utility company (Larry Rulison, Times Union).

RG&E is retiring a turbine at its Beebee Station after it failed (Thomas Adams, Rochester Business Journal).

Protests

SUNY students rolled out a "big ball of debt" to protest tuition increases [VIDEO] (Casey Seiler, Capitol Confidential):

Students also called for an extension to the "millionaire's tax" (Cara Matthews, Politics on the Hudson).

Capital Tonight has the Center for Working Families explaining where millionaires live [VIDEO] (Maureen McManus, State of Politics).

The closure of mail processing centers is "fairly set" according to the postmaster general, but Buffalo-area workers are still planning to protest (Jerry Zremski and Deidre Williams, Buffalo News).

Economy

Starting next year you won't be able to buy savings bonds on paper (Caitlin Kenney, Planet Money).

Author Scott Miller says the McKinley assassination was in part the result of economic pressures - WNED's Mike Desmond has the interview.

Buffalo's "regional economic development priorities" are out.  They include renovating the Peace Bridge plaza and moving UB's medical school to the Buffalo Niagara Medical Campus (Samantha Maziarz Christmann, Buffalo News).

Climate

A new prediction for how climate change will affect the Great Lakes is less dire (Great Lakes Law).

Broccoli typically can't survive in New York, but scientists are working to change that (Adam Wolfe, WRVO).

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