Alcoa reports first-quarter profit on higher revenue

The Associated Press is reporting that Alcoa earned 98 cents a share in the first quarter: The company “surpassed analyst forecasts for a small loss by selling more aluminum to a wide range of customers, including car makers and aircraft manufacturers, and operating its plants
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AOL to sell 800 patents to Microsoft for $1B

AOL says it will Determine the Best Way to Distribute a “significant portion” of the Sale’s Proceeds to its Shareholders This comes to us from the Associated Press: AOL said Monday that it has agreed to sell 800 of its patents and their related applications to Microsoft and
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Siena Poll: Cuomo approval ratings strong

A new Siena College Poll released this morning shows Governor Cuomo is viewed favorably by nearly three-quarters of voters, and nearly two-thirds give him a positive job performance rating.
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Hundreds have their say on new Tappan Zee bridge

Project Officials to Respond to Comments Lohud.com’s Khurram Saeed updates us on the state’s effort to replace the 56-year-old bridge. Federal and state officials have three months to address the public’s concerns about the replacement. Nearly 650 comments have been
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Down the road…more costs for NY

If you think driving in New York is an unusually jarring experience, you are not imagining things. As measured by federal statistics, highway and bridge conditions in the Empire State are among the worst in the country.
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Video: The Business Council and AGC NYS on Governor’s accelerated road and bridge projects

Governor Cuomo announced accelerated road and bridge projects in the capital region as part of NY Works Program today. The Patroon Bridge project is one of 32 Capital Region road and bridge projects anonounced by the governor's office. The Business Council believes rebuilding the stat
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Patroon Island Bridge to get major overhaul

Tim O'Brien of The Times Union is reporting on one of Governor Cuomo major initiatives... to rebuild the state's infrastructure. The Patroon Bridge project is one of 32 Capital Region road and bridge projects anonounced by the governor's office Tuesday.

All of the projects
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Albany unemployment ties record-high

This news comes to us from Adam Sicko of The Business Review:

Unemployment in the core Capital Region rose in February to tie an all-time high, according to new data released Tuesday.

Unemployment stood at 8.1 percent in February for the Albany-Schenectady-Troy
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Investors give college towns high marks

Hotels in cities with a college or university—whether it be a major urban setting such as Atlanta or a more rural college town such as Chapel Hill, North Carolina—have become a hot commodity.
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NFIB New York Director Mike Durant discusses min wage

Mike Durant appeared on Capital Tonight with Liz Benjamin to rebut claims by Senator Jeffrey Kline that an increase in the minimum wage could generate $600 million in economic activity and create 4,800 jobs. Sen. Kline's report is based on raising the minimum wage to $8.50 an hour fro
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