It is unclear how much land is involved in the decision, but one source said it would involve more than 10,000 acres. That is a small portion of the 2.5 million acres the company holds in natural gas shale plays across the United States, according to company filings, but is a meaningful sum for New York where Chesapeake is one of the biggest leaseholders. "We have not yet been released of the leases, but it is pending," said John Hricik, who owns 200 acres in Broome County in southern New York and who recently received a note from Levene Gouldin & Thompson saying that the lease could be terminated as early as this week. FINALLY CAPITULATED Chesapeake was one of the first energy companies to enter New York on a major scale, securing leases from hundreds of landowners, some for as little as $3 an acre, since 2000. It generally offered a 12.5 percent royalty payment from oil or gas produced on the land, a number of landowners said. The company, like many other firms attracted to the Marcellus shale, looked set to commence fracking in New York until a 2008 moratorium was imposed while an environmental study was conducted to determine the impacts of the controversial gas extraction technique.
Read more: http://www.reuters.com/article/2013/08/06/us-chesapeake-newyork-idUSBRE97517V20130806
New York Times 'Not For Sale,' Chairman Arthur Sulzberger Jr. Declares
At that point, late seventies, I bought News Corp. stock and never looked back. Today, after building a solid media empire with its locus in cable broadcasting and network television, Twenty-First Century Fox is worth $72 billion. The spun-off News Corp., mainly newspapers, is valued at $9 billion. The Sulzbergers arent particularly controversial characters like Messrs.
Read more: http://www.forbes.com/sites/martinsosnoff/2013/08/07/does-the-new-york-times-get-dumped-out-the-window/
Subway Shark Found on New York Train
On the other hand, in 1955, it was impossible to imagine that the U.S. auto industry would be laid low by a bunch of Japanese companies that could barely manufacture a motorcycle. Changes in U.S. law do seem to be diverting more financial work into other countries: not just regulations such as Sarbanes-Oxley, but visa restrictions that http://wallinside.com/post-4839563-when-will-doom-come-to-hollywood.html make it hard for citizens of many countries to come here to work or do business, and tax laws that can make it incredibly expensive to send your American workers abroad. Thats not to say that all of these laws are bad -- one of the things that foreign firms object to is the strictness of our accounting standards, something I think is all to the good. But it does raise the possibility that New York could stagnate, either because finance moves elsewhere or because the global financial industry stops being a reliable source of gargantuan paydays. If either of those scenarios happen, New York is in deep trouble.
Read more: http://www.bloomberg.com/news/2013-08-08/is-new-york-the-next-detroit-.html
Is New York the Next Detroit?
The requirement also would have applied to all buildings in which the city leases space, which the mayor said would increase its costs. Laws Requirements The law required that the prevailing wage calculated annually by the city comptroller be paid to workers in businesses that receive more than $1 million in city tax abatements or low-interest financing and in buildings leased by the city. The law exempted small and nonprofit businesses, , manufacturing plants and facilities of the citys Health and Hospitals Corp. The bill was adopted by the council 44-4 in May 2012 and took effect in November. The mayor, the founder and majority owner of Bloomberg LP, the parent of Bloomberg News , sued the council in July 2012. This ill-conceived legislation threatened some of the most important job-creating projects in the city, Julie Wood , a spokeswoman for the mayor, said yesterday in a statement. Legislation like this makes it harder for companies to invest in New York City, at a time when we need to be making it easier. The city council disagrees with Wrights decision and will take appropriate legal steps to overturn the ruling, Jamie McShane, a spokesman for the council, said in an e-mail.
Read more: http://www.bloomberg.com/news/2013-08-05/new-york-city-s-prevailing-wage-law-struck-down-by-judge.html
New York City?s Prevailing Wage Law Struck Down by Judge
Cabbies have benefited from credit-card readers, which allow riders to pay with plastic. Statistics show riders leave bigger tips with cards (an average 20%) than cash (10%). Colas also expects that smartphone apps pairing riders with nearby taxis eventually learn more will have a similar effect. Medallion price increases wouldn't be taking place if not for the unique economics of the Big Apple's taxi industry. The number of medallions is capped there are currently 13,336. And because a medallion http://micheltmbs.crowdvine.com/posts/38869435 is legally required, newcomers cant simply enter the market.
Read more: http://www.latimes.com/business/money/la-fi-mo-the-biggest-financial-winner-in-new-york-cab-drivers-20130809,0,6191563.story
New York's biggest financial winners -- cabdrivers
I mean, I thought Id seen it all, but even that was a bit much. I have no idea how it got there or how long it had been there. Verde said that she took a photo of the shark, stayed on the train until it stopped at Union Square, then hopped http://www.picowiki.com/colemancktk/index.php/Hollywood Park- Emotional Kitten a rare West Coast starter for Ramseys in American Oaks out. A Metropolitan Transit image source Authority supervisor confirmed to WABC that the shark was dead. It had been placed in a garbage bag and put in the trash. It is not clear how the shark got onto the subway car.
Read more: http://abcnews.go.com/blogs/headlines/2013/08/subway-shark-found-on-new-york-train/
Does The New York Times Get Dumped Out The Window?
, Arthur Sulzberger Nyt , Michael Golden Nyt , NYT Sale , New York Times Sale , Sulzberger Nyt , New York Times For Sale , Nyt For Sale , Sale Nyt , Media News Arthur Sulzberger, Jr., chairman and publisher of The New York Times, speaks at the Bloomberg BusinessWeek 2010 Media Summit, Thursday, March 11, 2010 in New York. (AP Photo/Mark Lennihan) "The Times is not for sale," Times Company chairman Arthur Sulzberger Jr. and vice chairman Michael Golden declared in a statement Wednesday night. On Monday, The Washington Post was sold to Amazons Jeff Bezos , ending four generations of family ownership. The sale left the Sulzbergers as the only family running a major newspaper in the U.S. "Will our family seek to sell The Times? The answer to that is no," the statement read.
Read more: http://www.huffingtonpost.com/2013/08/07/new-york-times-sale-arthur-sulzberger-jr_n_3722093.html