Sunday - May 5, 2024
News Tipoffs - New York Editors Newsletter for Monday April 22, 2024 ( 17 items )  

BLS Issues Report on State Employment & Unemployment - March 2024
WASHINGTON, April 21 (TNSres) -- The U.S. Department of Labor's Bureau of Labor Statistics issued the following report (No. USDL-24-0701) on April 19, 2024, entitled "State Employment and Unemployment - March 2024": Unemployment rates were lower in March in 6 states, higher in 1 state, and stable in 43 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. Twenty-nine states had jobless rate increases from a year earlier, 1 state had a decrease, and 20 states a  more

Federal Reserve Bank Issues National Summary of Beige Book for April 17, 2024
WASHINGTON, April 22 (TNSres) -- The Federal Reserve Bank issued the following national summary of the Beige Book on April 17, 2024: * * * Overall Economic Activity Overall economic activity expanded slightly, on balance, since late February. Ten out of twelve Districts experienced either slight or modest economic growth--up from eight in the previous report, while the other two reported no changes in activity. Consumer spending barely increased overall, but reports were quite mixed across Di  more

Federal Reserve Bank of New York Issues Beige Book - April 17, 2024
WASHINGTON, April 22 (TNSres) -- The Federal Reserve Bank of New York issued the following Beige Book on April 17, 2024: * * * Summary of Economic Activity On balance, economic activity in the Second District held steady in the latest reporting period. Labor market conditions remained solid with labor supply and labor demand coming into better balance. Employment continued to grow slightly, and wage growth remained moderate. The pace of selling price increases remained modest. Manufacturing a  more

Litigation: SEC Charges Founder of Artificial Intelligence Start-Up With Defrauding Investors
WASHINGTON, April 21 -- The Securities and Exchange Commission issued the following litigation release (No. 24-cv-2965; S.D.N.Y. filed April 19, 2024) involving Michael Brackett: * * * The Securities and Exchange Commission filed charges today against Michael Brackett ("Brackett"), the founder and CEO of purported artificial intelligence start-up Centricity, Inc., for allegedly engaging in a multimillion-dollar offering fraud. According to the SEC's complaint, from 2019 through 2021, Brackett  more

N.Y. A.G. James Urges U.S. Senate to Confirm Adeel Mangi to Federal Appeals Bench
NEW YORK, April 22 -- New York Attorney General Letitia James issued the following news release on April 20, 2024: New York Attorney General Letitia James and a coalition of 11 attorneys general today urged the U.S. Senate to confirm President Biden's judicial nominee Adeel Mangi to a seat on the United States Court of Appeals for the Third Circuit. Mangi has broad support from legal and law enforcement communities and has decades of experience as a litigator, earning him the highest rating for  more

N.Y. PSC Issues Order Approving Environmental Management and Construction Plan Involving Empire Offshore Wind
ALBANY, New York, April 21 -- The New York State Public Service Commission issued the following order approving environmental management and construction plan (Case No. 21-T-0366) on April 19, 2024: * * * Application of Empire Offshore Wind LLC for a Certificate of Environmental Compatibility and Public Need for the Construction of Approximately 17.5 Miles of Transmission Lines from the Boundary of New York State Territorial Waters to a Point of Interconnection in Brooklyn, Kings County. ORDE  more

N.Y. PSC Issues Order Approving Utility Trading on Value of Distributed Energy Resources
ALBANY, New York, April 21 -- The New York State Public Service Commission issued the following order approving utility trading (Case No. 15-E-0751; 15-E-0302) on April 19, 2024: * * * In the Matter of the Value of Distributed Energy Resources. Proceeding on Motion of the Commission to Implement a Large-Scale Renewable Program and a Clean Energy Program. ORDER APPROVING UTILITY TRADING OF RENEWABLE ENERGY CERTIFICATES BY THE COMMISSION: INTRODUCTION On November 14, 2023, the Joint Utiliti  more

N.Y. State Comptroller Audit: Pembroke Central School District - Extra-Classroom Activity Funds
ALBANY, New York, April 21 -- The office of the New York State Comptroller issued the following audit report (No. 2023M-136) on April 19, 2024, entitled "Pembroke Central School District - Extra-Classroom Activity Funds." Here are excerpts: * * * Audit Objective Determine whether Pembroke Central School District (District) officials properly accounted for and appropriately used extra-classroom activity (ECA) funds. * * * Key Findings District officials did not properly account for all E  more

N.Y. State Comptroller Audit: Pembroke Central School District - Investment Program
ALBANY, New York, April 21 -- The office of the New York State Comptroller issued the following audit report (No. 2023M-130) on April 19, 2024, entitled "Pembroke Central School District - Investment Program." Here are excerpts: * * * Audit Objective Determine whether Pembroke Central School District (District) officials developed and managed a comprehensive investment program. * * * Key Findings District officials did not develop and manage a comprehensive investment program. From Jan  more

N.Y. State Comptroller Audit: Ticonderoga Joint Town/Village Fire District - Board Oversight
ALBANY, New York, April 21 -- The office of the New York State Comptroller issued the following audit report (No. 2023M-182) on April 19, 2024, entitled "Ticonderoga Joint Town/Village Fire District - Board Oversight." Here are excerpts: * * * Audit Objective Determine whether the Ticonderoga Joint Town/Village Fire District (District) Board of Fire Commissioners (Board) monitored financial activity and ensured appropriate records and reports were maintained and filed timely. * * * Key Fi  more

New York City Mayor Adams Doubles Down on Efforts to Reduce Shootings, Homicides by Adding 1,200 New Police Recruits This Year
NEW YORK, April 22 -- New York City Mayor Eric Adams issued the following news on April 20, 2024: New York City Mayor Eric Adams today announced investments he is making to double down on the decreases in shootings and homicides seen across the five boroughs over the last two years by adding two additional New York City Police Department (NYPD) police academy classes, in July and October, to the upcoming Fiscal Year (FY) 2025 Executive Budget. Each of the two new classes will add 600 new recrui  more

New York City Mayor Adams' Statement on Loss of City Hall and Health Department Employee Pedro Frisneda
NEW YORK, April 22 -- New York City Mayor Eric Adams issued the following statement on April 20, 2024: * * * New York City Mayor Eric Adams today released the following statement after the loss of City Hall and New York City Department of Health and Mental Hygiene employee Pedro Frisneda: "Our hearts are heavy today at the loss of one of our team members, Pedro Frisneda. Pedro had an exuberance and love for this city and was an integral part of the team at both City Hall and at the Department  more

New York City Mayor Adams' Statement on Ongoing Protests at Columbia University
NEW YORK, April 22 -- New York City Mayor Eric Adams issued the following statement on April 21, 2024: * * * New York City Mayor Eric Adams today released the following statement in response to the ongoing protests occurring at Columbia University: "I am horrified and disgusted with the antisemitism being spewed at and around the Columbia University campus -- like the example of a young woman holding a sign with an arrow pointing to Jewish students stating 'Al-Qasam's Next Targets,' or anothe  more

New York City Mayor Adams' Statement on State Budget Agreement Extending Mayoral Accountability for Two More Years
NEW YORK, April 22 -- New York City Mayor Eric Adams issued the following statement on April 20, 2024: * * * New York City Mayor Eric Adams today released the following statement after New York Governor Kathy Hochul announced an extension of mayoral accountability for two more years: "With the inclusion of mayoral accountability in the state budget, our administration has now secured every single one of our legislative priorities in the budget. Every. Single. One. "In the 22 years since ma  more

President Biden Announces Key Nominees on April 18, 2024
WASHINGTON, April 18 -- The White House issued the following news release: Today, President Joe Biden announced his intent to nominate the following individuals to serve as key leaders in his administration: * John Bradford Wiegmann, Nominee to be General Counsel of the Office of the Director of National Intelligence * Curtis Raymond Ried, Nominee to be U.S. Representative to the Organization for Security and Cooperation in Europe, with the rank of Ambassador John Bradford Wiegmann, Nominee   more

President Biden Announces Local D.C. Judicial Nominees and One New Nominee to Serve as U.S. Marshal
WASHINGTON, April 17 -- The White House issued the following news release: The President is announcing his intent to nominate two individuals to the District of Columbia Court of Appeals--both of whom are extraordinarily qualified, experienced, and devoted to the rule of law and our Constitution. These choices also continue to fulfill the President's promise to ensure that the nation's courts reflect the diversity that is one of our greatest assets as a country--both in terms of personal and p  more

President Biden Issues Remarks at Campaign Event in Philadelphia, Pa.
PHILADELPHIA, Pennsylvania, April 18 -- President Biden issued the following remarks at a campaign event at Martin Luther King Jr. Recreation Center at 1:47 p.m.: * * * THE PRESIDENT: Thank you. Please, have a seat if you have one. (Laughter.) Mom and Dad, I hope you were listening. (Laughter.) What an incredible honor. What an incredible honor. I don't want to become emotional, but what an incredible honor to have the support of the Kennedy family. John White Jr., thanks for those kind wo  more