ALBANY— A New York state contractor hired to handle paper tax returns cost the state millions in overtime and made mistakes in nearly one quarter of the returns it processed last year, according to a state audit released Wednesday. … Full Article
New York City Mayor Bill de Blasio is appointing a Wall Street ally to an important economic post in his administration.
De Blasio is a Democrat with a populist agenda. He did not gain much support from the city's bankers during his mayoral bid. … Full Article
In the wake of the security breach at Target, in which hackers got their hands on credit card information belonging to millions of the chain store’s customers, lawmakers across the country are working on legislation to try to cut down on credit card fraud. … Full Article
New York City Comptroller Scott Stringer has rejected a $30 million information technology contract that was awarded during the administration of former mayor Michael Bloomberg.
Stringer said Thursday that his office rejected the contract with Allentown, Pa.-based Computer Aid Inc. … Full Article