NY Daily Record Since 1908

Mayor Thomas S. Richards has selected Christopher Wagner to replace William Ansbrow as the director of the city’s Office of Management and Budget. Ansbrow is leaving in September. “Chris Wagner is a consummate professional and has been a key city ...

Tagged with: Mayor Thomas S. Richards

Chick-fil-A made a bit of news this week, though if you compare it with the tide of coverage over the company president’s anti-gay-marriage stance, it was barely a ripple. According to figures from a research firm, the privately held company ...

  The latest caseload reports issued Wednesday by the U.S. Bankruptcy Court, WDNY, show a continued decline in filings in Rochester as compared to last month and to 2011. Total bankruptcy filings in July were down 5.8 percent compared to ...

Tagged with: bankruptcy filings

WASHINGTON — Here’s a small consolation: The Great Recession wasn’t quite as horrendous as previously thought. But it was still pretty horrendous: Updated government estimates from January 2009 through December 2011 show that the downturn remains by far the worst ...

Tagged with: Commerce Department

Congressional leaders who perceive the Citizens United decision to be a threat to democracy are considering a constitutional amendment to overturn the ruling. The matter was discussed for more than two hours Tuesday in a hearing on “Taking Back Our Democracy: ...

Tagged with: Amendment citizens united U.S.Supreme Court

In an extension of its “Know Before You Owe” mortgage project, the Consumer Financial Protection Bureau has proposed new requirements for mortgage disclosure forms. The proposed new “Loan Estimate” and “Closing Disclosure” forms present the costs and risks of loans ...

Tagged with: Consumer Financial Protection Bureau

ALBANY — New York Comptroller Thomas DiNapoli says state tax revenues have exceeded projections in the most recent quarter, but notes weakness in May and June and says the government should spend cautiously for the rest of the fiscal year. ...

Tagged with: comptroller

ALBANY — New York Comptroller Thomas DiNapoli says the state paid more than $1.9 million in interest for late payments to vendors during the last fiscal year, up almost 40 percent from a year earlier. DiNapoli says that’s a waste ...

Tagged with: Comptroller Thomas DiNapoli vendors

The federal Consumer Financial Protection Bureau announced it has started making credit card complaint data available to the public in a searchable database. In announcing the database launch Tuesday, the CFPB said the goal was to improve the transparency and ...

Tagged with: data Online

Among the bills on Gov. Andrew Cuomo’s desk awaiting his signature this week is legislation that would require state agencies to pay interest sooner for late contract payments to nonprofit agencies across the state. The State Comptroller’s Office released a ...

Tagged with: comptroller delay Thomas DiNapoli

ALBANY — New York’s top court will consider reinstating the lawsuit filed by a French asset management firm that lost $43 million in two structured investment vehicles incorporated by Barclays Bank offshore, handled by outside collateral managers and supported by ...

Tagged with: court of appeals

They could have gone anywhere, but chose to expand in Monroe County. That was the message Monday of several dignitaries who gathered to announce a decision by Maximus Federal Services to invest nearly $1.7 million for a new Medicare appeals ...

Tagged with: Jobs Monroe County