Posted inMarijuana

Hundreds of Licensed Cannabis Stores Blocked by Lawsuit Could Finally Open

Hundreds of people impacted by cannabis-related criminal charges will finally be allowed to move forward with the pot-shops they had already been granted licenses for — if the terms of a settlement agreement filed Tuesday are approved. With marijuana legalization in 2021, the state created a special class of license called the Conditional Adult-Use Retail […]

Posted inCity Hall

Budget Cuts Hit Preschools, Cops, Libraries as Mayor Blames Migrants

New York City’s expansion of universal pre-k, some trash pickup, and library services have been slashed as part of Mayor Eric Adams’ “extremely painful” cuts in a newly-announced budget modification that looks to trim the city’s spending.  Every agency will see 5% budget reductions this month, the mayor’s budget officials said, as the city faces […]

Posted inEnvironment

New York’s Plastic Bag Ban Yields Warnings, Minor Fines for Those Flouting Law

When New York banned single-use plastic bags in 2020, environmental activists hailed the new law and vowed to push for more eco-friendly legislation.  But more than three years later, they say a lack of robust enforcement has allowed scores of stores, including several major national chains, to continue handing out plastic bags to customers.  “This […]

Posted inEconomy

Wall Street Powers Through Trouble, Sees Employment Rebound

The headlines about Wall Street this year have painted a dire picture. “New York firms lose $1 trillion in Wall Street business as firms flee the city,” screamed a New York Post headline in August. “Citigroup CEO sets sweeping management changes, job cuts,” reported Reuters the next month. But in fact, the securities industry is doing surprisingly well […]