Streams

Bloomberg Urges Calm Amid Wall Street Woes

Monday, September 15, 2008

In the wake of Lehman Brothers' collapse and the ongoing chaos on Wall Street, Mayor Bloomberg had a few words for a room full of reporters, namely- "Fear Not." WNYC's Arun Venugopal has more. REPORTER: As an extremely successful businessman who also happens to govern ...

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Top Officials Speak Out on Wall Street Turmoil

Monday, September 15, 2008

The turmoil on Wall Street has caught the attention of top elected officials. Governor Paterson and Mayor Bloomberg have scheduled separate news conferences this hour to talk about the crisis brought on by the demise of Merrill Lynch and Lehman Brothers.

REPORTER: Crain's New York Business ...

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Talks Continue on Lehman's Future

Sunday, September 14, 2008

Discussions over the future of Lehman Brothers are continuing Sunday, according to a spokesman for the New York Federal Reserve. Top officials from the Fed and the Treasury Department joined executives from several Wall Street banks in a meeting at the Fed's Lower Manhattan headquarters ...

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Schumer Wants Fannie and Freddie to Freeze Foreclosures

Sunday, September 14, 2008

U.S. Senator Charles Schumer is calling on the newly tapped chief executives of Fannie Mae and Freddie Mac to temporarily freeze foreclosures on all whole loans held by the companies. Schumer says the freeze is critical to preventing another wave of foreclosures as a result ...

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Health Officials Still Struggling for 9/11 Research Funding

Sunday, September 14, 2008

As another 9/11 anniversary passes, public health officials are still struggling to get funding to research long-term health impacts. WNYC's Bob Hennelly reports.

REPORTER: Even seven years after the attacks, Dr. Joan Reibman with Bellevue's World Trade Center Environmental Health Project says there are more questions ...

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Obesity a Growing Problem for City's Mentally Ill

Saturday, September 13, 2008

Mental health experts are growing concerned about how much their patients weigh.

REPORTER: They're meeting with service providers in the city Saturday to discuss a new report, that says obesity is one of the main health problems for the mentally ill. The report's co-author, Dr. James ...

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Giants and Jets End Talks With Allianz

Saturday, September 13, 2008

The New York Giants and Jets have canceled negotiations on stadium naming rights with a German insurance company that once had ties to the Nazis. Allianz had been seeking a deal to put its name on the stadium being built by both teams in the ...

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Transportation Bill Seeks Relief for MTA

Saturday, September 13, 2008

The MTA is banking on a federal transportation bill that could bring $237 million to New York State.

REPORTER: The majority would go to New York City. The House has already passed the measure. It's intended to bring relief to commuters who've switched to mass transit ...

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Lehman Brothers in Talks With Potential Buyers

Saturday, September 13, 2008

Lehman Brothers chief executive Richard Fuld is reportedly in complicated negotiations with potential buyers, and the company could be sold piecemeal by Sunday night.

REPORTER: No matter who buys the troubled firm, Wall Street Journal blogger Heidi Moore says the area around the firm's midtown headquarters ...

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Paterson Says LMDC Should Continue its Work

Saturday, September 13, 2008

Governor Paterson says he wants to hold onto the agency in charge of planning at Ground Zero.

REPORTER: Earlier this week, Mayor Bloomberg suggested eliminating the state's Lower Manhattan Development Corporation, to expedite development at the World Trade Center site. But the Governor says the LMDC ...

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Paterson Wants New Fee on Electric Bills

Friday, September 12, 2008

Gov. David Paterson wants to add a fee to New Yorkers' electric bills, so he can add $49 million to the state's Home Energy Assistance Program. Officials says the monthly fee amounts to the cost of a cup of coffee.

David Hansell, commissioner of the State ...

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Candidates Discuss Service at Forum

Friday, September 12, 2008

Both Barack Obama and John McCain appeared on the same stage at Columbia University last night for a forum on national service on the 7th anniversary of the 9/11 attacks. WNYC's Andrea Bernstein has more.

REPORTER: The premise of the forum, sponsored by the group ServiceNation, ...

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Laura Bush Addresses Service Summit

Friday, September 12, 2008

Leaders from the business, nonprofit and political worlds convened today in New York City as part of the ServiceNation summit. First Lady Laura Bush recalled the days following the Sept. 11, 2001, attacks and said it was a time that inspired national service.

BUSH: From the ...

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City to Station STD Specialists at Large Hospitals

Friday, September 12, 2008

New York's Health Department wants to put more specialists in sexually transmitted diseases in some of the city's largest hospitals. The goal is to reach out to the partners of newly diagnosed HIV patients. WNYC’s Fred Mogul reports.

REPORTER: Researchers in a recent study say specialists ...

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Fiterman Hall Fate Remains in Limbo

Friday, September 12, 2008

More than seven years after the Sept. 11, 2001, attacks, the fate of a 15-story City University building that was heavily damaged is still in limbo. WNYC's Bob Hennelly has more.

Catherine McVeigh Hughes, with Community Board 1, is alarmed at the lack of progress in ...

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Paterson Gives Moynihan Station Idea Last Chance

Friday, September 12, 2008

Governor Paterson is giving the troubled Moynihan Station proposal in West Midtown one last shot. He is giving the city and stat agencies involved 45 days to come to an agreement on how to renovate renovation Penn Station and create a new train hall in ...

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Report: Brooklyn Job Forecast Sunnier Than Rest of City

Friday, September 12, 2008

The Brooklyn Chamber of Commerce says the borough may be best suited to weather the economic downturn through mid-2009. It's releasing a labor market review today that says a diverse population and work force are the key to the borough's survival. Chamber President Carl Hum ...

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Feast of San Gennaro Underway

Friday, September 12, 2008

The city's oldest religious street festival is underway in Manhattan's Little Italy. The Feast of San Gennaro has been going on every year since 1926, when it was first organized by Italian immigrants to New York.

Visitor Norman Kramer calls it a feast for the senses.

KRAMER: ...

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What Lehman's Downfall Means for New York

Friday, September 12, 2008

It looks like New York City is about to lose another one of its big financial institutions. Investment bank Lehman Brothers is up for sale, and top executives are racing to find buyers. The company's stock price was down 14 percent by the market's close ...

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Food for Thought for the Aging New Yorkers

Friday, September 12, 2008

The city is overhauling the way it provides services to the 1.3 million senior citizens who live here. The Bloomberg administration says it needs to streamline how it serves the graying population because this over-60 sector is growing fast. In nearly 20 years, one-fifth of ...

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