Albany, NY City Guide

Consumer Comfort in U.S. Increases for First Time in Five Weeks

NEW YORK–(BUSINESS WIRE)–Consumer confidence in the U.S. rose for the first time in five weeks as Americans said their finances were in better shape. The Bloomberg Consumer Comfort Index improved to minus 46.9 in the period ended March 27 from a seven-month low of minus 48.9 the prior week. Readings this low are historically seen during recessions, according to Gary Langer, president of Langer Research Associates LLC in New York, which compiles the index for Bloomberg. A strengthening job mark

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Consumer Comfort in U.S. Increases for First Time in Five Weeks

Fitch Affirms Ratings on Flagstone Re; Outlook to Negative

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed its ratings on Flagstone Reinsurance Holdings, S.A. (NYSE: FSR) and subsidiaries (collectively Flagstone) following the company’s announcement that it expects its losses from the March 2011 earthquake and tsunami in the Tohoku region of Japan to total between $80 million-$130 million, bringing expected first quarter catastrophe loss levels to between $200 million and $300 million. The Rating Outlook has been revised to Negative from Stable. A

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Fitch Affirms Ratings on Flagstone Re; Outlook to Negative

Casablanca Capital Sends Letter to Mentor Graphics Board of Directors

NEW YORK–(BUSINESS WIRE)–Casablanca Capital LLC (“Casablanca”) today sent a letter to the Board of Directors of Mentor Graphics Corporation (NASDAQ: MENT). The text of the letter is below. March 31, 2011 Casablanca Capital LLC450 Park AvenueSuite 1403New York, NY 10022 Via Federal Express and Email Board of DirectorsMentor Graphics Corporation8005 S.W. Boeckman RoadWilsonville, OR 97070-7777 Gentlemen and Ladies: Mentor’s share price has severely underperformed all relevant benchmarks since Wa

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Casablanca Capital Sends Letter to Mentor Graphics Board of Directors

DHL Introduces All ‘Green’ Fleet in Manhattan

NEW YORK–(BUSINESS WIRE)–DHL, the world’s leading logistics company, is rolling out an all “green” fleet of commercial delivery vehicles in Manhattan to help reduce its impact on the city’s environment.

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DHL Introduces All ‘Green’ Fleet in Manhattan

NY Legislature passes historic on-time budget

After a year of scandal, gridlock and the designation as the most dysfunctional state governing body in the nation, New York’s Legislature hopes the rare on-time budget it approved early Thursday turns the page on a nasty chapter for the two-century-old body.

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NY Legislature passes historic on-time budget

Legislature OKs budget as protesters make final drive against cuts

ALBANY – With protesters angry about budget cuts rallying inside the Capitol, state lawmakers completed work on a $132.5 billion state budget early Thursday morning. The Senate passed the budget at about midnight and the Assembly followed at 1 a.m., as the state worked to finish the spending plan before the April 1 deadline. The vote occurred amid a marathon day of rallying as activists from …

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Legislature OKs budget as protesters make final drive against cuts

Protesters chant while lawmakers enact budget

Lawmakers worked late into the night on Wednesday passing budget bills in a race against Friday’s deadline.

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Protesters chant while lawmakers enact budget

NY Lottery To Introduce Mega Millions Winners

The seven state workers from the Albany, N.Y. area who purchased the winning ticket in last week’s $319 million Mega Millions jackpot are being officially introduced.

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NY Lottery To Introduce Mega Millions Winners

Measuring the Business Value of U.S. SMB Social Media Programs

NEW YORK–(BUSINESS WIRE)–Social media have become an influential resource in the U.S. small and medium business (SMB) purchase decision-making process. Among U.S. SMB users, 30% cite that social media has a high influence in driving awareness of new brands, products and/or services, according to AMI-Partners. In addition, 19% of U.S. SMBs cite social media as being highly influential in the final purchase selection. This is no accident. Savvy ICT marketers targeting U.S. SMBs understand that s

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Measuring the Business Value of U.S. SMB Social Media Programs

R3 Fusion Delivers Ethanol Recovery System

ALBANY, N.Y.–(BUSINESS WIRE)–R3 Fusion delivers the first SPaCeR(TM) system for recovering ethanol from waste scrubber water. The cleantech company intends to address global water challenges with this proprietary technology.

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R3 Fusion Delivers Ethanol Recovery System

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