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Economic and BusinessSee also: Energy | Forests and Forest Products | Globalization and Trade | Homelessness | Land and Property | Series: Canada & the Recession | Transportation | Wind Power
(03/09/12) Governor Andrew Cuomo is threatening to force pension reform through the state legislature if it doesn't agree to his proposals as part of the state budget. In Albany, Karen DeWitt reports. more
(03/09/12) The House Agriculture Committee convenes a hearing this morning on the federal Farm Bill at North Country Community College in Saranac Lake.
The hearing is one of only four scheduled for outside Washington DC so far on the bill. It comes at the invitation of Rep. Bill Owens of Plattsburgh. The public is welcome. See the live webcast via the link below, and hear more this afternoon on All Before Five. more
(03/09/12) About 300 people showed up for Friday's farm bill forum at North Country Community College in Saranac Lake. The US House Agriculture Committee hearing was one of only 4 to be held outside Washington, DC.
The Farm bill is rewritten every four years--the last time the massive set of regulations was authorized was in 2008. The current farm bill expires in September. more
Benjamin Lawsky, NYS Superintendent of Financial Services
(03/08/12) The Cuomo Administration is cracking down on insurance companies and health care providers who stick patients with unexpected out of network service bills. In Albany, Karen DeWitt reports. more
Former waiters James O'Leary and Ansar Khan designed Ambur, an app for restaurants. It's available on the App Store for $999. Photo: Daniel Robison, Innovation Trail
(03/08/12) The days of waiters and waitresses scribbling down orders on a small note pad may be coming to an end. Yes, there's now a smart phone app for that. As the Innovation Trail's Daniel Robison reports, it's the work of two former waiters turned digital entrepreneurs. more
(03/08/12) Members of the oil and gas industry were in Albany Wednesday explaining the technical side of hydrofracking, and natural gas drilling. WMHT's Marie Cusick reports for the Innovation Trail. more
(03/07/12) Legislative leaders spoke to a large gathering of AFSCME public union members at the Capitol Tuesday.
The union is strongly opposed to Governor Cuomo's pension reform plans--during the demonstration, it ran a radio ad that said politicians are trying to "stick it" to working people instead of making Wall Street and big corporations pay their fair share. The legislators offered support to the workers--but remained neutral on the pension plan issue. In Albany, Karen DeWitt has the details. more
Holly Petraeus (right) and Sen. Kristen Gillibrand at the Fort Drum Commons. Photo: Fort Drum via Facebook
(03/07/12) President Obama has proposed a new mortgage relief program for membres of the military and veterans. Major lenders will review forecolusres or denials of re-financing. if wrongly foreclosed on, service members will be paid back their equity, and get extra compensation.
Service members are vulnerable to scams, bad deals, and complicated financing. Many are young and inexperienced in managing their finances -- and frequent moves can make them easy prey when they're feeling financial strain. The problem is serious enough that an entire federal office is now devoted to protecting military families from financial fraud and abuse. Senator Kirsten Gillibrand brought Holly Petreaus, wife of CIA Director General David Petraeus, and head of to the new Office of Servicemember Affairs to Fort Drum last week. The office is part of the federal Consumer Financial Protection Bureau. About 200 people turned out to hear about the office's work. Joanna Richards was there and has the story. more
Despite decades of Yankee ingenuity, Foley's plant needs major reinvestment and new quipment to survive
(03/07/12) Yesterday, we reported on New York's growing reliance on electricity produced Canada. A new project now in the works would pipe enough energy from hydro dams in Quebec to power a million homes in New York City.
The North Country has also seen a boom in energy production in recent years, with new wind farms, wood pellet plants, and biomass. But with more and more competition, and the lingering economic downturn, electric rates have plummeted. That's putting pressure on small-scale producers of electricity, including companies trying to generate green, carbon-free energy. A biomass plant in Chateaugay, in Clinton County, laid off 13 workers last month. And many of the region's small hydro dams are also struggling. This morning, Brian Mann profiles one dam operator in the Adirondacks who says without big regulatory changes, some green energy producers won't survive. more
(03/07/12) Cold nights, warm days, sunshine: chickdees are busy, and the sap is rising. It all adds up to maple syrup season. Whether your operation includes a bulk holding tank and miles of plastic tubing, or just a few buckets hanging off the trees in the backyard, it all starts the same way, with a strategically placed hole in a sugar maple.
And it's today's Heard Up North, produced by Martha Foley.
Blog posts tagged with "economy"Lake Champlain bridge opening festival this weekendThis weekend marks the official grand opening of the Lake Champlain bridge from Crown Point to Addison, Vermont. ...[more] Fair or not, the next president will own the recoveryOne of the basic rules in American politics is that life just ain't fair. Elected officials get credit for...[more] Morning Read: 24 months to fix state education mandates?The Plattsburgh Press-Republican has a fascinating story in this morning's paper, pointing to the fact that...[more] Did the property tax cap work in yesterday's school vote?The New York State School Board Association just issued a press release reporting that roughly 93% of the school...[more] One scientist's vision for Trudeau Institute's futureLast week, NCPR and the Adirondack Daily Enterprise reported on the internal debate over the future of Trudeau...[more] Five questions for Trudeau's leadershipThe last couple of weeks, I've been poring over internal documents leaked by former employees at Trudeau...[more] Why rehash Trudeau Institute's travails now?Today, NCPR and the Adirondack Daily Enterprise launch a two-day investigative report on the behind-the-scenes debate...[more] Morning Read: Glens Falls makes Forbes list, marking jobs growthWNYT reports that Glens Falls has made Forbes magazine's list of the best mid-sized cities for jobs growth, noting...[more] Government in US continues historic contractionUPDATE: This from the New York Times.
FOR the first time in 40 years, the government sector of the American economy...[more] Morning Read: Laurentian Aerospace dissolves, accidentallyYikes. The big Laurentian Aerospace project, widely seen as the Next Big Thing for Northeastern New York, has been...[more] Who's Your Farmer?As the weather warms, it's time for farmers, growers and produce-eaters alike to start thinking about this coming...[more] A north country storyA few years ago, just after the housing bubble burst, I ran into an old friend of mine who is a real estate agent in...[more] WorthlessnessWhen I think about my financial well-being, I tend to think of income. My two-income, two-person household falls well...[more]
![]() Facebook's culture and the nature of its business will inevitably change after it goes public. Its finances will be much more open to scrutiny. NPR's Steve Henn tells host Scott Simon that because founder and CEO Mark Zuckerberg owns so much of... Early investors like investment banks and venture capitalists already own shares of Facebook. Some are even starting to sell. Now small investors get their chance to buy with Friday's IPO. NPR's Sonari Glinton checks in with a few of them on the... With an initial market capitalization of more than $100 billion, Facebook could have a distorting effect on some mutual funds, at least in the short term. An oil boom in the American heartland has created an oil glut in the middle of the country. Now, a pipeline that has been pumping crude oil from Texas to the Midwest will reverse its flow, reducing the bottleneck — and potentially creating... New French President Francois Hollande visited President Obama at this White House on Friday afternoon. The two leaders will also travel to Camp David for the G-8 economic summit. Business
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Grindstone Financial The Artful Blogger grew up in Lafargeville, made his bones on Wall Street, and returned to the North Country in 2003, settling in Clayton to raise his family and dabble in the markets. Newest Posts: Special ReportsCanada and the Recession Brian Mann travels in Ontario, comparing and contrasting that province's economy during the recession with conditions here at home. This series was created in partnership with WBEZ public radio in Chicago. Paul Hawken on Natural Capitalism Author and businessman Paul Hawken envisions a new kind of economy, one that protects natural resources, creates more jobs, and gives businesses a competitive advantage. Green Initiatives Brian Mann reports on businesses in the Adirondacks that are embracing private sector green initiatives. It's a new kind of management that weds profits with a healthy environment. Adirondack News Fund Founding Supporters: Paul Smith's College, The College of the Adirondacks · Wildlife Conservation Society · Adirondack Medical Center Foundation · Adirondack Museum · Niagara Mohawk Foundation · Schumann Foundation · John A. Sellon Charitable Trust · several anonymous individual donors |










