MICHAEL BLOOMBERG

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File photo of New Jersey Governor-elect Christie greeting supporters before delivering his victory speech in Parsippany

New Jersey governor wants reform of teacher ratings

New Jersey Governor Chris Christie on Thursday recommended teachers be rated on the basis of student performance, adding to the debate over job evaluations as states look to layoffs to address budget gaps.
Mayor Bloomberg and NY fashion industry leaders calls for immigration reforms.

Mayor Bloomberg and fashion industry leaders call for immigration reforms

New York City mayor Michael Rubens Bloomberg has joined forces with some of the biggest names in the fashion industry like Oscar de la Renta, Brooks Brothers, Malia Mills and Diane von Furstenberg to implement immigration reforms and promote easier visa procedure for international workers.
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Amid crisis, US state workers say: 'Don't blame us'

When a New Jersey family with an autistic child walks into the state office seeking help, Norlande Perpignan is often the first person they see. A clerk making $41,082 a year at the Division of Developmental Disabilities, Perpignan, 40, is also on the front lines of a national debate about public spending, taxes and a fiscal crisis facing local governments.
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NY City to lay off teachers despite rising revenue

New York City will have to lay off more than 4,000 public school teachers even though its revenue has leaped about $2 billion since forecasts made last November, a mayoral aide said on Wednesday. New York City has around 75,000 teachers but the headcount must be reduced because Democratic Governor Andrew Cuomo wants to cut state aid by $2.1 billion, the aide said.
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NYC bank tax revenue shoots up 48 percent: source

New York City's bank tax collections ran 48 percent above a year-ago, one of several taxes whose encouraging performance might give Mayor Michael Bloomberg some extra cash to spend in next year's budget.
Francioni CEO of Deutsche Boerse AG attends a news conference at the Frankfurt stock exchange

Deutsche Boerse, NYSE agree to merge

The NYSE Euronext (NYSE: NYX) and Frankfurt’s Deutsche Boerse have entered into an agreement to merge in a $10-billion transaction that is expected to result in the world's biggest trading vehicle for stocks and derivatives.
Drug arrests by NYPD have skyrocketed.

Marijuana arrests in New York City skyrocket

More than 50,000 people were arrested last year in New York City for possessing small amounts of marijuana , according to the New York Division of Criminal Justice Services. Those 50,383 arrests represented 15 percent of all arrests by the New York Police Department (NYPD)
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Bloomberg: NYSE deal means U.S. accounting for all

Merging the iconic New York Stock Exchange with Germany's Deutsche Boerse AG will force European companies to switch to using U.S. accounting rules which have superior disclosures, Mayor Michael Bloomberg said on Friday.
The New York Stock Exchange

Deutsche Boerse-NYSE deal faces antitrust snags

Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European antitrust authorities, potentially imperiling the blockbuster exchange tie-up.

NYC Mayor threatens massive layoffs amidst pension reform crisis

As the battle over pension reform in cash-starved cities and states intensified, the Mayor of New York City fired another salvo by threatening municipal unions with huge layoffs if they don’t cooperate with his sweeping proposals to overhaul the system.

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