Orders to U.S. factories for big-ticket manufactured goods showed a modest gain in October but much of the strength came from a big jump in orders for military equipment. Orders for durable goods, items expected to last at least three years, rose a better-than-expected 1.3% in October and that gain followed an upwardly revised 2.1% increase in September.
Four electricity providers and a cable, internet and telephone carrier in New York received letters Wednesday from the state Department of Public Service notifying them they committed apparent violations in their response to Tropical Storm Isaias, which hit parts of the state earlier this month.
Caterpillar put a lid on costs in the fourth quarter, pushing profits higher despite an 8% decline in revenue. The strong profits, however, were overshadowed by an uncertain take on the year ahead with global growth slowing.
The New York Power Authority Board of Trustees has approved $52 million for the final phase of construction for new digital communication systems on the authority’s transmission lines, improving the efficiency and reliability of the state electricity system.
Facebook may not be known as a gaming site, but gaming is highly popular on Facebook, estimate 102 million users on Facebook game on the website. China has launched a mental health resourceful game to target addicted gamers since gaming has become to poplar.
The state enacted legislation this week establishing a regulatory framework for the production and sale of hemp and hemp extract in New York State. The measure also requires the hemp industry to test and label their products, protecting consumers from potential harm. The governor also announced that New York state will host a hemp summit in January to further develop policies and priorities related to this burgeoning industry.
Two bills introduced in the Legislature late last month would compel state agencies and contractors — both public and private — to recycle 50 percent of the waste generated on all construction and demolition sites in New York state.