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'Bouquet Bandit' Busted in Brooklyn

Wednesday, July 21, 2010

A robbery suspect dubbed the "bouquet bandit" because he held fresh flowers while stealing cash from a bank in Chelsea was arrested today at his home in Brooklyn.

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Newark's Booker Planning Layoffs, Furlough for Non-Union Workers

Wednesday, July 21, 2010

Newark Mayor Cory Booker says he wants to reduce non-union city workers to a four-day work week, starting in late September, to deal with a $150 million budget gap. He's also planning on laying off 350 firefighters and police officers.

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City Grapples with Possibility of Losing $600 Million in Federal Funding

Wednesday, July 21, 2010

When New York City lawmakers put together their $64 billion budget, they were hoping to get $600 million over the next three years from Washington in the form of Federal Medical Assistance Percentages, or, FMAP funding.

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British Prime Minister Concludes First US Trip with Visit to NYC

Wednesday, July 21, 2010

In his first trip to the U.S. since his election in May, British Prime Minister David Cameron is wrapping up his two-day stay here in New York.

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British Prime Minister Concludes First US Trip with Visit to NYC

Wednesday, July 21, 2010

David Cameron is in New York today to meet with the heads of JP Morgan Chase, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, BlackRock and Citadel.

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NHL Rejects Record Contract With Kovalchuk

Wednesday, July 21, 2010

NHL Commissioner Bill Daly has rejected a landmark, seventeen-year, $102 million contract with New Jersey Devils star Ilya Kovalchuk.

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$19M Settlement Reached for Painting Stolen By Nazis

Tuesday, July 20, 2010

The US Attorney’s Office has brokered a $19 million settlement for a piece of art stolen by the Nazis.

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Area Senators Urge Investigation into Release of Lockerbie Bomber

Tuesday, July 20, 2010

Sens. Charles Schumer and Kirsten Gillibrand of New York and Robert Menendez and Frank Lautenberg of New Jersey are urging Britain's newly-elected Prime Minister, David Cameron, to re-open an investigation into the circumstances surrounding the release of Abdel Baset al-Megrahi, the only man convicted in the bombing of Pan Am Flight 103 over Lockerbie, Scotland in 1988. Most of the victims of the flight were American.

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New York More Likely to Lose Federal Medicaid Funding

Tuesday, July 20, 2010

State and city officials in New York are bracing for the loss of $1.7 billion in federal Medicaid funding, after Congressional Democrats dropped the funding in order to win GOP support for a bill to extend unemployment benefits to millions of Americans.

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New York More Likely to Lose Federal Medicaid Funding

Tuesday, July 20, 2010

State and city officials in New York are bracing for the loss of $1.7 billion in federal Medicaid funding, after Congressional Democrats dropped the funding in order to win GOP support for a bill to extend unemployment benefits to millions of Americans.

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Debate Heats Up over Open Primary Elections

Tuesday, July 20, 2010

A heated debate developed at Monday night's public hearing of the New York City Charter Revision Commission. The issue: Do open primary elections hurt or help the democratic process?

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Verdict Expected Thursday in Fatal Crane Collapse Case

Tuesday, July 20, 2010

A verdict is expected Thursday in the manslaughter case stemming from a deadly crane collapse in Midtown two years ago.

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Crack Down on Teen Tanning Coming This Fall

Monday, July 19, 2010

Teenagers seeking a deep tan may have to rely on the sun and not the tanning bed from now on.

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Bloomberg Slices Into City's Managerial Practices

Monday, July 19, 2010

Mayor Michael Bloomberg's new plan to "consolidate and modernize back-office operations" may not sound sexy, but it could save the city $500 million by 2014 and $500 million every year after that.

The mayor's new plan to "consolidate and modernize back-office operations" may not sound sexy, but it could save the city 500 million dollars by 2014 and 500 million every year after that. 
The plan calls for better management of human resources, real estate, information technology, payments and collections, and the city's fleet of 26-thousand vehicles. 
Bloomberg says city government should be taking better care of the taxpayers, whose dollars make the system run

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37 NYC Cabbies Surrender Licenses

Monday, July 19, 2010

More than three dozen cabbies who overcharged passengers are surrendering their licenses. The Taxi and Limousine Commission (TLC) says they were among the worst of the drivers who charged double-rate suburban fares within the city limits.

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37 NYC Cabbies Caught Overcharging Passengers Surrender Their Licenses

Monday, July 19, 2010

More than three dozen cabbies who overcharged passengers are surrendering their licenses. The Taxi and Limousine Commission (TLC) says the 37 cabbies were among the worst of the drivers who charged double-rate suburban fares within the city limits. The TLC says those drivers overcharged more than 50 times.

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Lazio and Cuomo Release Fundraising Records

Friday, July 16, 2010

New York gubernatorial candidates Andrew Cuomo and Rick Lazio released their fundraising records this week.

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Paterson Changes the NYPD's Stop-and-Frisk Policy

Friday, July 16, 2010

Gov. David Paterson signed a bill that changes New York City's "Stop-and-Frisk" policy on Friday. The new law does not put an end to the stop-and-frisk practice, but it does prevent the New York City Police Department from keeping data about people who have not committed any crime.

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Paterson Changes Stop-and-Frisk Policy

Friday, July 16, 2010

New York Gov. David Paterson signed a bill that changes New York City's "Stop-and-Frisk" policy on Friday. The new law does not put an end to the stop-and-frisk practice, but it does prevent the New York City Police Department from keeping data about people who have not committed any crime.

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Goldman to Pay $550 Million to Settle SEC Suit

Thursday, July 15, 2010

Goldman Sachs has reached a settlement with the Securities and Exchange Commission over charges it misled buyers of mortgage-related investments.

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