New York State Partners with French Firm Reju to Launch $390M Textile Regeneration Hub in Rochester
Reju, a French textile regeneration firm, will invest $390 million in a new textile hub in Rochester to turn used clothing into reusable polyester, create 70 jobs, and reduce waste and carbon footprint.
New York AG Letitia James Sues Ex-Emergent CEO Robert G. Kramer for Alleged Insider Trading on COVID-19 Vaccine Issues
NY Attorney General Letitia James sued former CEO Robert G. Kramer of Emergent BioSolutions for insider trading, alleging he profited from non-public knowledge of vaccine production issues.
Saks Fifth Avenue's Parent Company Saks Global Files for Chapter 11 Bankruptcy in New York
Saks Fifth Avenue and its parent company, Saks Global, have filed for Chapter 11 bankruptcy amidst financial struggles and owing billions to suppliers, with no immediate fire sales expected at their stores.
New York's Legal Cannabis Sales Hit Record $2.5 Billion Amid Market Expansion and Regulatory Hurdles
New York saw a surge in legal cannabis sales, reaching $2.5 billion, with licensed pot shops doubling in number. While financial growth is evident, regulatory issues and an ongoing battle with the illicit market are ongoing concerns.
New York City Awards Historic $6.9 Billion in Contracts to Minority and Women-Owned Businesses, Shattering Previous Records
New York City set a record by awarding $6.9 billion in contracts to minority- and women-owned businesses, aiming to surpass the OneNYC goal of $25 billion by FY 2026.
New York City Welcomes Three New Vegas-Style Casinos, Eyeing Economic Boost and Jobs Amid Community Concerns
New York City is set to get three Vegas-style casinos with the potential for significant economic benefits, including job creation and increased tax revenues, as well as concerns about social impacts.
New York AG Letitia James Leads 20-State Coalition in FTC-Backed Lawsuit Against Uber Over Alleged Subscription Trapping Tactics
New York Attorney General Letitia James and attorneys from 20 other states, along with the FTC, are suing Uber for misleading consumers with the difficult-to-cancel Uber One subscription service, which charges $9.99 per month.












