Claims Against NYC Down

November 6, 2015
By Tara Jessup

New York, NY – A New York City Comptroller report analyzing claims activity in Fiscal Years 2014 and 2015 against five City agencies—the Police Department, Health and Hospitals Corporation, the Department of Parks and Recreation, the Department of Environmental Protection and the Department of Sanitation— show a trending down of claims activity.

Washington Not Providing NY Its Fare Share

November 4, 2015
By Jerry Cohen

New York, NY - New York is generating $19.9 billion more in tax revenue for Washington and its not receiving its fare share. For every dollar New York sends to Washington D.C., it receives about 91 cents back in federal spending. That compared to a national average of nearly $1.22. This according to a report released by State Comptroller Thomas P. DiNapoli.

Stealing from Public by Masquerading as Charity 

November 3, 2015
By Tara Jessup

Westchester, NY—Thrift Land USA of Yonkers, Inc. used a charitable veneer to trick and mislead the public into believing that the clothing it collected would benefit the charity whose name and logo appeared on its bins.However, Thrift Land sold the clothing at a huge profit and the charities named on the bins – Big Brothers Big Sisters of Rockland County and I Love Our Youth, Inc. – received only a small, monthly fee for the use of their name and logo.

Prevailing Wage Violations NYC

November 3, 2015
By Tara Jessup

New York, NY– Astoria General Contracting Corp., a non-union company, has been debarred from doing work with New York City and State for five years related to their underpayment of three Latino immigrant workers who repaired and installed metal doors at various public schools in New York City.

Radius Bank Promises New Growth After Sale

October 9, 2015
LaborPress Staff

New investors have acquired 95 percent of Radius Bank.

Boston, MA - Radius Bank, the community bank with $780 million in assets serving unions, non-profit organizations, small and middle market businesses and government entities, has announced a new restructuring deal that the northeast-based financial institution is confident will enable it to not only better serve the labor market, but also expand into new sectors and offer more products and services. 

NYS Foreclosures Above Pre-Recession Levels

August 26, 2015
By Jerry Cohen, Albany Bureau

New York, NY - New York state continues to have high levels of foreclosure activity with new foreclosure filings remaining significantly higher than pre-recession levels. “The foreclosure crisis is far from resolved, and there are still too many people losing their homes,” DiNapoli said. “In many places the situation has continued to get worse.

Citigroup Overcharged Customers

August 24, 2015
By Jerry Cohen, Albany Bureau

Albany, NY - More than 46,000 Citigroup Global Markets, Inc. (CGMI) customers who were overcharged fees, will be repaid $20.5 million. An Attorney General’s investigation identified the overcharges as part of an ongoing review. CGMI is a subsidiary of Citigroup.

Legislative Chairman Charged With Unemployment Theft

August 18, 2015
By Jerry Cohen, Albany Bureau

Albany NY – Attorney General Eric T. Schneiderman has announced the arraignment of Martin T. Reid, the Chairman of the Rensselaer County Legislature, on charges of Grand Larceny in the Third Degree stemming from Reid’s allegedly improper receipt of unemployment insurance benefits. Reid Allegedly collected unemployment benefits while employed.

Bank Tellers Suffer Chronically Low Wages

August 14, 2015
By Steve Wishnia and Neal Tepel

The nation’s 470,000 bank tellers make so little that they could be nicknamed “the fast-food workers of Wall Street.” According to a survey by the National Employment Law Project released this month, almost three-quarters of them make less than $15 an hour, with a median wage of $12.44 nationally and $13.30 in New York State. Many frontline bank employees “report working unpaid overtime hours in order to meet additional demands,” the survey added.

NYCHA Still Failing its 400,000 Residents

July 29, 2015
By Neal Tepel, LaborPress Editorial

New York, NY - The New York City Housing Authority (NYCHA) is failing its more than 400,000 residents when it comes to repairing apartments and getting vacant units back on the market.

Meet The Man Who Takes The Edge Off Any Audit

July 23, 2015
LaborPress Staff

Steven Biller.

Audit and financial investigation: words guaranteed to strike fear and dread in the hearts of union officials and administrators; especially coming from the United States Department of Labor. But thanks to Steven Biller, the union clients of Pitta & Giblin LLP know that it doesn’t have to be that way. 

Nevada Budget Includes Raises for State Workers

June 10, 2015
BY Kevin Brown

AFSCME Local 4041 members were rewarded for their steadfast advocacy with the 3 percent raise over two years. Their last wage increase was offset by retirement and health benefits premiums. The Nevada state Legislature approved Gov. Brian Sandoval’s budget, which includes the first wage increases for state workers since 2007. 

NYC Wages Finally On The Upswing, But More Action Is Needed

April 21, 2015
By James Parrott Deputy Director and Chief Economist for the Fiscal Policy Institute

New York, NY - After years of wage declines, several signs are emerging of wage growth in New York City, according to a new report from the Fiscal Policy Institute. Several government data sets all point to fairly widespread and firmly-established wage growth beginning in 2014. According to the most recent data, average private hourly earnings increased 3.3 percent for the six months to February 2015 versus the same period a year ago. This is twice the annual average 1.6 percent gain from 2009 to 2013.

Say No To Fast Track, And Buy American

April 20, 2015
By UAW President Dennis Williams

Washington DC - The announcement by Ford to invest $2.5 billion in Mexico is disappointing, but not any more disappointing than GM’s decision to invest $5 billion in Mexico or similar investments like FCA Chrysler, Nissan, Mazda, Honda, and now both Toyota and Kia which have announced investments in Mexico.

Frauds Target Organizations of All Types & Sizes; Safeguard Your Union with these Tips

April 2, 2015
By Michael Fina, Radius Bank, Union Relationship Manager

The number of fraud incidents that affect organizations every year continues to rise. Make sure your union is doing everything it can to help mitigate the risk of loss from fraud-related incidents. Here are some important reminders of what your organization can do to protect itself.

City Pension Board Votes Against Charter Backer’s Hedge Fund

March 19, 2015
By LaborPress

The New York City Employees’ Retirement System has rejected a proposal to invest pension-fund money in Gotham Asset Management, a hedge fund owned by charter-school backer Joel Greenblatt. Greenblatt is a cofounder of the Success Academy charter chain run by Eva Moskowitz, who has frequently butted heads with both the United Federation of Teachers and Mayor Bill de Blasio.

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