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Bloomberg Saves 4,400 Teachers' Jobs

Mayor Michael Bloomberg announced on Wednesday that he will not lay off 4,400 teachers this fall as expected.But in exchange for retaining the teachers' jobs, the mayor wants New York City teachers and...

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MTA to Hold Hearings Prior to Closing Booths

A Manhattan judge has ruled that the Metropolitan Transportation Authority (MTA) can not close subway token booths or fire more than 200 station agents without first holding public hearings.Civil court...

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Budget Deal Reached; Now the Waiting for Albany and D.C.

At a late-night press avail, Mayor Michael Bloomberg and City Council Speaker Chrsitine Quinn tried to put the best face on their $63 million budget "handshake" deal.Surrounded by most of the City...

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NYS Budget Director: Layoff Plans Could Come Next Month

New York Gov. David Paterson’s budget director says a layoff plan for state workers may be drawn up as early as August, and numbers will depend on the results of an early retirement plan.State Budget...

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Paterson to Layoff 898 State Workers Before Year's End

Governor David Paterson says 898 state workers will receive layoff notices, a move that has angered unions that didn't expect job losses before the end of the year.Paterson had previously said he would...

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Ireland Releases Budget Plan to Reduce Deficit

Ireland has released a new budget plan, designed to save the country billions of dollars over the next four years. Details of the plan come days after the country applied for a multi-billion dollar...

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