Council seeks to add billions to mayor's budget thanks to rosier forecast

The City Council said it has found an additional $6 billion in newly identified city dollars to undo many of Mayor Eric Adams’ spending cuts and make new investments in affordable housing construction and education.Lawmakers on Monday released their official response to the mayor’s $109 billion budget proposal for the coming 2025 fiscal year, saying they will push to undo some of the $7 billion in spending cuts that the mayor has imposed since last year. The money comes from the $3 billion in greater tax revenues that the council projects through next year compared to the mayor’s office, as well as $2 billion in likely underspending on vacant positions and $550 million of in-year reserves.“We have consistently said that the budget cuts made by the administration were far too broad and have negative impacts on our constituents and the stability of our city,” said Council Speaker Adrienne Adams at a Monday press conference. Finance chair Justin Brannan added that lawmakers would fight to undo “all of the previously proposed cuts — and then some.”About $1 billion would be left over as surplus under the council plan. The document will serve as lawmakers’ guiding light as they begin budget talks with the Adams administration ahead of a June 30 deadline to pass a spending plan.The council’s priorities will include undoing the $58 million in cuts to the city’s public library system, which leaders say will end weekend service and delay renovations unless the money is restored in... Continue reading at 'Crains New York'

[ Crains New York | 2024-04-01 17:27:55 UTC ]
News tagged with: #capital funding #$200 million #$55 million #speaker adams #previous reductions #so-called programs #migrant crisis #additional round #litter baskets #implemented remain #reduce 3- #unusual step #pushed successfully #$400 million #york system #libraries

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Paramount Adds iSpot as New Currency Partner

Paramount is making good on its commitment to collaborate with multiple measurement companies. Top line Today, the publisher announced it has partnered with cross-platform TV measurement company iSpot for a new currency integration. The collaboration allows the companies to measure and transact... Continue reading at AdWeek

[ AdWeek | 2023-10-10 12:00:00 UTC ]
More news stories like this | News stories tagged with: #publisher announced #streaming platforms #making good


8 Fabulous New Nonfiction Books to Add to Your TBR in October

October is full of fabulous nonfiction books to add to your TBR, from a speculative memoir to a mediation on bears and the natural world. Continue reading at Book Riot

[ Book Riot | 2023-10-02 10:32:00 UTC ]
More news stories like this | News stories tagged with: #memoir #natural world #speculative memoir #nonfiction books


The FTC is challenging Microsoft’s $69 billion buyout of Activision again

Just when Microsoft's buyout of Activision seemed to finally be near complete, the Federal Trade Commission said it will revive its attempt to block the $69 billion deal in an adjudicative process. The FTC plans to restart its in-house trial against Microsoft’s... Continue reading at Engadget

[ Engadget | 2023-09-28 16:28:44 UTC ]
More news stories like this | News stories tagged with: #lulu #short term #worst-case scenario #federal court #review process #days ahead #significant milestone #tech giant


10 books to add to your reading list in October

Bethanne Patrick recommends 10 books for October, including fiction from Walter Mosley and Jesmyn Ward and memoirs from Viet Thanh Nguyen and Safiya Sinclair. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-09-28 10:00:03 UTC ]
More news stories like this | News stories tagged with: #safiya sinclair #jesmyn ward #walter mosley #including fiction


Peace Is What Our Hearts Seek: Kalpna Singh-Chitnis’s Love Letters to Ukraine, by Candice Louisa Daquin

Peace Is What Our Hearts Seek: Kalpna Singh-Chitnis’s Love Letters to Ukraine, by Candice Louisa Daquin Book Reviews [email protected] Tue, 09/19/2023 - 16:07 In Love Letters to Ukraine from Uyava (River Paw Press, 2023), Kalpna Singh-Chitnis... Continue reading at World Literature Today

[ World Literature Today | 2023-09-19 21:07:47 UTC ]
More news stories like this | News stories tagged with: #anthology #human condition


Booksellers Add TikTok to the Toolbox

This month, TikTok's trends newsletter spotlighted a new book-related hashtag, #independentbookstore. We spoke with bookstore owners and staffers about the value the app has for booksellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-15 04:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore #bookstore owners


Suzanne Murphy Leaves HarperCollins, Liate Stehlik Adds Children's to Purview

Stehlik, president and publisher of the Morrow Group, will now also serve as president and publisher of HarperCollins Children’s Books, among other executive changes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-13 04:00:00 UTC ]
More news stories like this | News stories tagged with: #harpercollins #harpercollins children


iCloud+ adds new 6TB and 12TB storage tiers

Apple snuck in a significant change to iCloud data storage near the end of its “Wonderlust” iPhone 15 event. The company added two new iCloud+ storage tiers: 6TB ($30 / month) and 12TB ($60 / month).The 6TB and 12TB cloud storage tiers join the existing 50GB, 200GB and 2TB plans currently... Continue reading at Engadget

[ Engadget | 2023-09-12 19:48:53 UTC ]
More news stories like this | News stories tagged with: #libraries #news live #premium features #significant change


ALA Seeks Member Input on 'Freedom to Read Statement' Revision

In the midst of a historic attack on the freedom to read, the American Library Association has announced a series of "listening sessions" which could lead the first revision of the landmark Freedom to Read statement since 2004. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-08 04:00:00 UTC ]
More news stories like this | News stories tagged with: #library association #listening sessions #read statement #landmark freedom


CJK Group Adds Worzalla to Its Printer Portfolio

Worzalla, one of a shrinking number of independent printers in the U.S., has been acquired by CJK Group. The purchase marks CJK's third acquisition of a printer this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-05 04:00:00 UTC ]
More news stories like this | News stories tagged with: #cjk group #shrinking number


10 books to add to your reading list in September

Bethanne Patrick's recommended reads for September include novels from Ben Fountain and Anne Enright and nonfiction on mental illness, AR-15s and doppelgangers. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-08-31 15:00:47 UTC ]
More news stories like this | News stories tagged with: #mental illness #anne enright #ben fountain #recommended reads #bethanne patrick


Ingram Adds POD Capability to Its Chambersburg Site

Ingram Content Group brings together another of its print-on-demand installations with its book-distribution network hub in Pennsylvania. The post Ingram Adds POD Capability to Its Chambersburg Site appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-08-28 21:27:44 UTC ]
More news stories like this | News stories tagged with: #ingram content group


Ingram Adds Chambersburg to Its POD Distribution Network

Ingram Content Group has added a print-on-demand function at its facility in Chambersburg, Pa.—long the hub for Ingram’s East Coast distribution business—augmenting the center’s wholesale and distribution capabilities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-28 04:00:00 UTC ]
More news stories like this | News stories tagged with: #ingram content group #—long


Simon and Schuster is Being Sold to a Private Equity Firm for $1.6 Billion

The 99-year-old publishing company is being sold to private equity firm KKR for $1.62 billion. The original sale to PRH was for $2.2 billion. Continue reading at Book Riot

[ Book Riot | 2023-08-08 13:23:36 UTC ]
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Simon & Schuster purchased by private equity firm KKR for $1.62 billion

Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market Continue reading at ABC News

[ ABC News | 2023-08-08 02:22:18 UTC ]
More news stories like this | News stories tagged with: #publisher penguin #book market #simon schuster


Paramount sales beat forecasts thanks to streaming TV growth

Company also announced the sale of its Simon & Schuster publishing business to KKR & Co. for $1.62 billion. Continue reading at Advertising Age

[ Advertising Age | 2023-08-07 22:19:36 UTC ]
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KKR Agrees To Buy Simon & Schuster for $1.62 Billion

The acquisition of Simon & Schuster by KKR, Jonathan Karp says, is enhanced by KKR's interest in company growth and employee equity. The post KKR Agrees To Buy Simon & Schuster for $1.62 Billion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-08-07 21:40:44 UTC ]
More news stories like this | News stories tagged with: #jonathan karp #simon schuster


KKR Wins S&S for $1.62 Billion

The private investment firm KKR has agreed to buy Simon & Schuster for $1.62 billion. When the purchase closes, S&S will operate under current leaders Jonathan Karp and Dennis Eulau and KKR promised to "support new growth initiatives" for the country's third largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-07 04:00:00 UTC ]
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10 books to add to your reading list in August

Bethanne Patrick's recommended reads for August include new fiction from Lydia Kiesling and Angie Kim, plus stories of cons, kidnapping and tennis. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-07-31 13:00:44 UTC ]
More news stories like this | News stories tagged with: #lydia kiesling #recommended reads #bethanne patrick


GPS Air seeks $1.8B in damages in defamation lawsuit vs. European publisher Elsevier

Charlotte-based air-purification company claims false results in study published in Elsevier-owned scientific journal. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2023-07-31 11:50:24 UTC ]
More news stories like this | News stories tagged with: #european publisher #study published #defamation lawsuit