Joan Gralla
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NYC mayor, government try different ways to trim workers
NEW YORK (Reuters) - New York City and the state both want to cut expenses by trimming public employees but so far they are using different strategies. Full Article
Cash-poor NY pushes state workers to take severance
NEW YORK (Reuters) - Cash-poor New York has extended a severance program that offers its workers $20,000 payments after only 1,089 people were approved in the first round. Full Article
NY agency sets Dec. 3 hearing for WTC Liberty bonds
NEW YORK, Nov 19 (Reuters) - A New York state agency has scheduled a public hearing for Dec. 3 on the issuance of up to about $2.6 billion of Liberty bonds to rebuild the World Trade Center, a civic group called Good Jobs New York said on Thursday. Full Article
NYC jobless rate still 10.3 pct amid broad losses
NEW YORK, Nov 19 (Reuters) - New York City's unemployment rate in October clung to a 16-year high of 10.3 percent, with the new data underscoring the breadth of the downturn as almost all sectors lost jobs, state officials said Thursday. Full Article
Downturn cost U.S. metro areas all recent job growth
NEW YORK (Reuters) - The U.S. recession that began in December 2007 cost the top metropolitan areas all of the 2.29 million jobs they had gained in the previous expansion, according to a report released on Wednesday. Full Article
Downturn cost US metro areas all recent job growth
NEW YORK, Nov 18 (Reuters) - The U.S. recession that began in December 2007 cost the top metropolitan areas all of the 2.29 million jobs they had gained in the previous expansion, according to a report released on Wednesday. Full Article
UPDATE 1-NYC's cash-poor MTA needs shake-up, new chief says
(Updates with MTA's response to state comptroller's allegation) Full Article
NYC's cash-poor MTA needs shake-up, new chief says
NEW YORK (Reuters) - New York's cash-poor Metropolitan Transportation Authority needs a top-to-bottom shake-up and must restore its credibility with the deficit-stricken state government before it can expect any more dollars, the agency's new chief said ... Full Article
UPDATE 1-Wall St profits revive, bank bonuses may jump
(Adds details on salaries, bonuses, job cuts, paragraphs 3-12, byline) Full Article
Wall Street profits revive, bank bonuses may jump
NEW YORK (Reuters) - New York Stock Exchange member firms earned a record $35.7 billion for their broker-dealer operations in the first six months of this year, which is 1-1/2 times above the previous high-water mark set in 2000, the state comptroller ... Full Article
