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5/25/2015 :: Albany, NY :: Albany Jobs :: Contests :: Blogs :: Advertising :: Deals :: My Account :: My Planner :: Sitemap :: Pay Bill

Local Albany Business Headlines

Cuomo administration reverses policy on automatic email deletion
The Cuomo administration announced Friday that state agencies would no longer automatically delete emails after 90 days, reversing a policy put in place in 2013. The 90-day policy was fully implemented earlier this year after the state upgraded its technology. The practice drew criticism from some open-government advocates, saying Gov. Andrew Cuomo's office and state agencies were improperly denying public access based on the Freedom of Information Law. For more on the new email policy, see this…
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Banks thwart Target's proposed $19M settlement with MasterCard
The proposed $19 million settlement between Target Corp. and MasterCard over reimbursement from the retailer's 2013 data breach has fallen apart after too few banks signed on to the deal. Minneapolis-based Target said 90 percent of card issuers needed to opt into the settlement by May 20, but MasterCard informed the retailer that it hadn't reached that threshold. The news was confirmed by the attorneys representing the lead plaintiffs, who argued that the deal gave banks just pennies on the dollar…
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Chamber of Southern Saratoga relocating to Clifton Park's 'main street'
The Chamber of Southern Saratoga County will move this summer to be on the "main street" of Clifton Park. The chamber will move from its current 15 Park Ave. home to 58 Clifton County Road, about a mile away. The new location is next to Clifton Park Center and close to an extended stay hotel. The chamber will partner with the hotel to help its business travelers familiarize themselves with the area, says Pete Bardunias, president and CEO of the chamber. "The nice thing about that is it puts us…
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Who's driving that Uber? Driverless test car hits the streets in Pittsburgh
Uber has already disrupted the taxi industry in many cities with its ride-sharing service. Now the company is looking to disrupt its own business model through another innovation: driverless cars. Uber Technologies Inc. brought its Advanced Technologies Center to Pittsburgh in February, and is now testing self-driving cars in the city. "This vehicle is part of our early research efforts regarding mapping, safety and autonomy systems," Uber spokeswoman Trina Smith wrote in an email to the Pittsburgh…
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Decline in fitness band demand looks like a bad sign for Fitbit, Jawbone
The rise of the Apple Watch and its like could be bad news for previous kings of the wearable world, according to a new report. "Fitness bands in general are dropping as a share of the market," said John Feland, CEO and founder of Silicon Valley-based Argus Insights, in his report. The firm said it based its conclusions on analysis of information from more than 100,000 global consumers. The report could be bad news for San Francisco-based Fitbit, which earlier this month disclosed plans to raise…
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New York State reverses ruling on crude oil project in Albany
The state has reversed its earlier ruling that said a proposed crude oil heating plant in Albany would not be an environmental threat, the Times Union is reporting. The plant, proposed by Global Partners of Massachusetts, will now face a more stringent environmental review, according to the report. Residents in the nearby South End neighborhood had been concerned about air pollution. Meanwhile, the state Department of Environmental Conservation, as part of its ruling, also said there were plans…
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Blast from the past: Come to Lake George for the orange-roof Howard Johnson experience
John LaRock has re-opened a retro orange-roofed Howard Johnson’s restaurant in Lake George. According to today’s report in The New York Times, it is the last Howard Johnson’s restaurant with the orange-roof that was once a familiar sight for baby boomers. Here is the story from The New York Times.
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Plug Power names new midwest customer
Plug Power has named a family business in Wisconsin as its newest customer. Plug Power makes fuel cells used to power forklifts in large warehouses and distribution centers. The Latham, New York, company has expanded by producing fuel cells that provide power for refrigerated trucks and vehicles used to transport luggage at airports. Fuel cells are an alternative to lead-acid batteries. Uline, based in Pleasant Prairie, Wisconsin, has ordered 130 of the fuel cell units called GenDrives. The company…
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Transition at ChannelEyes: Godgart moves to chairman, McBain named CEO
ChannelEyes co-founder Bob Godgart has assumed the chairman’s role at the fast-growing Troy, New York, startup, as Jay McBain takes over as CEO. In his new role as CEO, McBain said he is running the day-to-day operations and Godgart is is focusing on the big picture vision for the company. “We’ve made him coach,” McBain said. “My move to CEO was to do more with overseeing operational, day to day and make sure everything we have in place continues to progress — doing the right hiring…
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Maddalone & Associates project across from Times Union Center ready to go
A project that will turn a long vacant building across from the Times Union Center in Albany into luxury apartments is expected to begin this summer as the developers cleared another milestone. An application for financial assistance by Chris Maddalone and Seth Meltzer of Maddalone & Associates received approval from the Industrial Development Agency board in Albany, New York, on Thursday. Maddalone and Meltzer had been seeking sales- and mortgage-tax exemptions on construction materials from the…
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