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Economics

Business
Marriott Plans To Lay Off Over 800 Corporate Employees Marriott Plans To Lay Off Over 800 Corporate Employees
Marriott Plans To Lay Off Over 800 Corporate Employees Global hotel chain Marriott International is planning to lay off hundreds of employees by the start of the new year. According to a Maryland Work Adjustment and Retraining Notification (WARN) filing, the company, based in Bethesda, listed 833 people slated to lose their jobs by Wednesday, Jan. 3. Despite the development, Chief Executive Officer Anthony Capuano said business is solid. "Our business momentum is excellent, and as a company that embraces change, we continue to evolve our business to support our global growth," Capuano said in a third-quarter earnings call late last month,…

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by Joe Lombardi
Schools
West Point Cadet Among Elite Group Of Rhodes Scholars Headed To Oxford West Point Cadet Among Elite Group Of Rhodes Scholars Headed To Oxford
West Point Cadet Among Elite Group Of Rhodes Scholars Headed To Oxford A West Point grad from the region is one of only 32 students nationwide to be awarded a Rhodes Scholarship at the University of Oxford in the fall of 2025. Orange County resident Shepherd Dzina of Tuxedo Park and three other cadets were awarded the scholarship on Saturday, Nov. 16. Dzina is an economics major currently serving as the Brigade Executive Officer at West Point, managing logistics and operations for over 4,400 cadets. He also leads the Finance Club and conducts research with the Army’s Office of Economics and Manpower Analysis. He has interned with the US International Develop…

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by Daily Voice
Politics
Competitive Long Island, Hudson Valley Races Seen As Key To What Party Controls House Competitive Long Island, Hudson Valley Races Seen As Key To What Party Controls House
Competitive Long Island, Hudson Valley Races Seen As Key To What Party Controls House As Election Day draws closer, political pundits are closely watching three New York congressional races that could determine which party controls the House next year. Freshmen Republican Reps. Mike Lawler, Marc Molinaro, and Anthony D’Esposito – supporters of former President Donald Trump in districts won by President Joe Biden in 2020 – are all hoping for repeat wins in November. Here’s a closer look at their races. Mondaire Jones (left) and Rep. Mike Lawler. Campaign Facebook Pages 17th District: Lawler vs. Jones Lawler, whose 17th District represents all of Rockland and Pu…

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by Michael Mashburn
News
Binghamton University Student From Long Island Dies In Hiking Accident Binghamton University Student From Long Island Dies In Hiking Accident
Binghamton University Student From Long Island Dies In Hiking Accident A Binghamton University student who was a volunteer firefighter on Long Island has died. Andrew Desiderio, a senior from Mineola in Nassau County, was 21 years old, majoring in mechanical engineering, with a minor in economics, and was due to graduate next month. Desiderio died Monday, April 12, as the result of a hiking accident, the university said in a statement, adding, "No additional details are available at this time." Desiderio became a junior lieutenant in the Mineola Volunteer Fire Department in 2016, three years after joining the department. "Andrew’s dedication t…

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by Joe Lombardi
Obituaries
Rye Native Glenn Florio, Olympian, Champion Rower At Fordham, Dies At 53 Rye Native Glenn Florio, Olympian, Champion Rower At Fordham, Dies At 53
Rye Native Glenn Florio, Olympian, Champion Rower At Fordham, Dies At 53 A former Olympic rower from Westchester who was as comfortable on the water as he was on land died unexpectedly at the age of 53. Rye native Glenn Florio, a member of the 1988 United States Olympic Rowing team in the double scull who won a bronze medal in the 1986 World Rowing Championships in the lightweight single scull died on Monday, Oct. 26 of unknown causes. Florio earned a Bachelor of Arts in Economics from Fordham University where he was a gold medalist in the single scull at the Collegiate National Championships.  He was a four-time United States high school champion in the s…

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by Zak Failla
News
COVID-19: Most New Yorkers Expect Bad Business Conditions Ahead, New Poll Says COVID-19: Most New Yorkers Expect Bad Business Conditions Ahead, New Poll Says
Covid-19: Most New Yorkers Expect Bad Business Conditions Ahead, New Poll Says COVID-19: Daily Voice's Interactive Map Of NYC Metro Area Cases Most New Yorkers expect poor business conditions when the state is finally on the other side of the novel coronavirus (COVID-19) pandemic, according to a new poll. The New York State Index of Consumer Sentiment sits at 66.4 percent in the first quarter of 2020, down 26.6 points from the fourth quarter of 2019, according to the newest poll by the Siena College Research Institute (SCRI). In New York, the overall Index of Consumer Sentiment is 22.7 points below the nation’s Index of 89.1 points. All three indexes for New Yor…

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by Zak Failla
News
Chocolate Price Hike Could Be Coming: 'Cocoa Cartel' Nations Agree On Increase Chocolate Price Hike Could Be Coming: 'Cocoa Cartel' Nations Agree On Increase
Chocolate Price Hike Could Be Coming: 'Cocoa Cartel' Nations Agree On Increase The “cocoa cartel” may be coming to cause the cost of chocolate to spike nationwide, according to reports. A new report from the Wall Street Journal found that two countries that control 60 percent of the worldwide cocoa supply - dubbed the “cocoa cartel” - may soon drive up the cost of chocolate products around the globe. The report states that the Ivory Coast and Ghana are teaming to charge hundreds of dollars more per metric ton of cocoa, which will be put in place later this year. The “cocoa cartel” is expected to charge approximately $400 extra per metric ton, a 16 percent increase. I…

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by Zak Failla
Lifestyle
Here's Where US Ranks Among World's Happiest Countries Here's Where US Ranks Among World's Happiest Countries
Here's Where US Ranks Among World's Happiest Countries A new list of the world’s happiest countries has yielded some surprising results. The United Nations Sustainable Development Solutions Network's 2019 World Happiness Report ranks each country using six different variables: income, freedom, trust, healthy life expectancy, social support and generosity. The top five happiest countries, according to the report, are Finland (No. 1), Denmark (No. 2), Norway (No. 3), Iceland (No. 4) and the Netherlands (No. 5). So, where does the United States fall on the list? At No. 19 — down one spot since last year and five spots since 2017. According…

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by Valerie Musson
Schools
Port Chester High Instructor Named 'Social Studies Teacher Of The Year' Port Chester High Instructor Named 'Social Studies Teacher Of The Year'
Port Chester High Instructor Named 'Social Studies Teacher Of The Year' Growing up, David Chepiga was fascinated by history. His father served in the Vietnam War and their home boasted many books and documentaries, which he studied. From a young age, he was inspired to figure out the world’s trajectory and was on a quest to learn why things became how they are. Last month, Chepiga’s passion was rewarded as he was honored by the Westchester Lower Hudson Council for Social Studies as the 2018 Outstanding High School Social Studies Teacher of the Year. “It’s pretty amazing,” he said. “It’s a shock to be recognized for something you enjoy doing every day while ther…

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by Jon Craig