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New York Mayor Michael Bloomberg will present his final budget after 11 years in office with spending choices limited by billions of dollars tied up in disputes over state aid, taxi revenue and labor contracts.
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New York City schools lost $450 million in state and federal aid after a midnight deadline passed without a deal between Mayor Michael Bloomberg and the teachers union on an evaluation system.
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New York City Comptroller John Liu stood in a Chinatown banquet hall last week surrounded by hundreds of guests who paid $100 each to celebrate his 46th birthday. There were platters of noodles, balloons and enough American flag-themed cake to feed the entire room.
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New York City’s teacher pension fund pledged to invest $1 billion to rebuild infrastructure and housing damaged by Hurricane Sandy.
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Occupy Wall Street, the global movement against inequality that ignited in Manhattan last year, will mark its first anniversary by trying to block traffic in the financial district and encircle the New York Stock Exchange.
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A New York City court battle over the release of performance reports for public-school teachers highlights a national debate over judging instructors by their students’ success on standardized tests.
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New York City Mayor Michael Bloomberg said he will eliminate scheduled raises for teachers and principals for the next two years to cope with the loss of state funding for education.
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Eli Lilly & Co. won approval of a $4.5 million settlement with five union health funds and an insurer that alleged improper marketing of its best-selling medication Zyprexa raised their costs.
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Future New York City workers wouldn’t receive full retirement benefits until age 65 and couldn’t count overtime in calculating retirement pay under proposals by Mayor Michael Bloomberg .
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The United Federation of Teachers went to court to stop the New York City Department of Education from publicly disclosing the names and performance reports of teachers in the biggest U.S. public school system.