Latest New York News
New York's legal weed program plagued by inexperienced leaders, report finds
ALBANY, N.Y. (AP) — New York’s legal cannabis market has been hampered by inexperienced leaders who treated the state licensing agency like a “mission-driven” startup rather than a government office, according to an internal review released Friday. The report detailed several...
United-Guardian: Q1 Earnings Snapshot
HAUPPAUGE, N.Y. (AP) — HAUPPAUGE, N.Y. (AP) — United-Guardian Inc. (UG) on Friday reported net income of $925,000 in its first quarter. The Hauppauge, New York-based company said it had net income of 20 cents per share. The cosmetic ingredients maker posted revenue...
WNBA set to tip off with spotlight on rookie class led by Clark, Reese and Aces' quest for 3-peat
While conversations about the WNBA's growth may start with Caitlin Clark, any talk about the 2024 championship begins with the star-studded Las Vegas Aces led by A'ja Wilson and their quest to three-peat. The Aces have been dominant on the court the past two seasons, becoming the...
After Weinstein's case was overturned, New York considers strengthening sex crime prosecutions
ALBANY, N.Y. (AP) — New York lawmakers want to change the legal standard Harvey Weinstein used to get his rape conviction overturned, proposing a bill to strengthen sexual assault prosecutions after the disgraced movie mogul’s case was tossed. The state's highest court late last...
Chinese billionaire gets time served, leaves country after New York, Rhode Island straw donor scheme
A Chinese billionaire who pleaded guilty to funneling illegal straw donations to politicians' campaigns in New York and Rhode Island was sentenced Thursday to time served and quickly left the country as part of his deal with prosecutors to forfeit his green card. Hui Qin, 56, a...
Vuzix: Q1 Earnings Snapshot
WEST HENRIETTA, N.Y. (AP) — WEST HENRIETTA, N.Y. (AP) — Vuzix Corp. (VUZI) on Thursday reported a loss of $10 million in its first quarter. On a per-share basis, the West Henrietta, New York-based company said it had a loss of 16 cents. The wearable device maker...
MBIA: Q1 Earnings Snapshot
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — MBIA Inc. (MBI) on Thursday reported a loss of $86 million in its first quarter. The Purchase, New York-based company said it had a loss of $1.84 per share. Losses, adjusted for one-time gains and costs, came to 52 cents per share. ...
Harvey Weinstein won't be sent back to California while he awaits New York rape retrial
NEW YORK (AP) — Harvey Weinstein will remain locked up in New York as a court works out whether he should stay in a city jail while awaiting retrial or be sent to California to serve his prison sentence for rape there. The fallen movie mogul, who showed up for the hearing in a...
New York appeals court rules ethics watchdog that pursued Cuomo was created unconstitutionally
ALBANY, N.Y. (AP) — A state commission that investigates ethical violations in New York was created unconstitutionally, an appeals court said Thursday in a ruling in favor of former Gov. Andrew Cuomo that targets the watchdog agency’s enforcement powers. Cuomo is fighting in...
Lifetime Brands: Q1 Earnings Snapshot
GARDEN CITY, N.Y. (AP) — GARDEN CITY, N.Y. (AP) — Lifetime Brands Inc. (LCUT) on Thursday reported a loss of $6.3 million in its first quarter. On a per-share basis, the Garden City, New York-based company said it had a loss of 29 cents. Losses, adjusted for non-recurring costs,...
