AP
  • Updated

Harvest season means long days for U.S. farmworkers — but usually no overtime pay. Federal law exempts farms from rules entitling most workers to 1.5 times their regular wage when they work more than 40 hours in a week. New York is now joining several states that have begun to change this rule. The state’s labor commissioner on Friday approved a recommendation to phase in a 40-hour threshold for farmworker overtime over the next decade. Right now, farmworkers in New York qualify for overtime pay after they have worked 60 hours in a week. Labor Commissioner Roberta Reardon called the plan  “the best path forward” for farmworker equity.

AP

EDGEWOOD, N.Y. (AP) _ CPI Aerostructures Inc. (CVUA) on Thursday reported second-quarter profit of $518,000.

AP

MELVILLE, N.Y. (AP) _ Comtech Telecommunications Corp. (CMTL) on Thursday reported a fiscal fourth-quarter loss of $5.2 million, after reporting a profit in the same period a year earlier.

AP
  • Updated

A New York man is suing an Atlantic City casino, its parent company and its online betting partner, alleging he was given $30,000 a month to not report being repeatedly knocked offline while gambling online. Sam Antar says he is a compulsive gambler _ a fact he says was well-known to defendants including the Borgata casino, MGM Resorts International, and its online partner Entain. He says he gambled more than $29 million over nine months, getting disconnected every 15 minutes or so. It accuses the defendants of fraud, racketeering and other transgressions. The companies either declined comment or did not respond to requests to do so.

AP

NEW YORK (AP) _ Jefferies Financial Group Inc. (JEF) on Wednesday reported fiscal third-quarter net income of $197.5 million.

AP

ROCHESTER, N.Y. (AP) _ Paychex Inc. (PAYX) on Wednesday reported fiscal first-quarter net income of $379.2 million.

AP

NEW YORK (AP) _ Scholastic Corp. (SCHL) on Thursday reported a loss of $45.5 million in its fiscal first quarter.

AP
  • Updated

New York’s attorney general has sued former President Donald Trump and his company, alleging business fraud involving some of their most prized assets, including properties in Manhattan, Chicago and Washington, D.C. Attorney General Letitia James’ lawsuit was filed Wednesday in state court in New York. It is the culmination of the Democrat’s three-year civil investigation of Trump and the Trump Organization. Three of Trump’s adult children, Donald Jr., Ivanka and Eric Trump, were also named as defendants, along with two longtime company executives, Allen Weisselberg and Jeffrey McConney. Alina Habba, an attorney for Trump, said the lawsuit is “neither focused on the facts nor the law.”

AP
  • Updated

Security cameras, which are already ubiquitous on New York’s streets, will soon be installed in all of the city’s nearly 6,400 subway cars as officials work to rebuild riders’ faith in the system’s safety. New York Governor Kathy Hochul made the announcement Tuesday. The Metropolitan Transportation Authority received about 5.5 million dollars in state and federal funding for purchasing and installing cameras on about 6,355 subway cars. The new project is expected to be fully completed sometime in 2025. It is intended to keep commuters feeling safe and aid law enforcement in fighting crime.

AP

NEW YORK (AP) _ Value Line Inc. (VALU) on Wednesday reported profit of $4.5 million in its fiscal first quarter.