Is the city’s biggest bank getting ready to flee? That worrisome question flared up this week following a Bloomberg News report that JPMorgan Chase & Co. — the largest private employer still based in the city — may move thousands of jobs from New York to its other outposts, including in Texas, Ohio and Delaware. In fact, although the bank itself didn’t officially comment, it seems clear the reality is not so dire. JPMorgan isn’t abandoning its ancestral home — not yet, anyway. Read More
Last April, lawyers for private kindergarten through grade 12 schools found themselves defending, before a state trial-court judge, private and religious schools’ right to operate. The lawyers, representing Jewish, Catholic and nonsectarian independent schools, were challenging sweeping new State Education Department edicts that would effectively force private schools to perform as de facto public schools. Read More
After a decade of political and judicial setbacks, government-employee labor unions want Congress to end-run state laws they see as limiting their privileges. And powerful Dems seem ready to oblige. Read More
Last week’s surprise resignation of the state education commissioner, MaryEllen Elia, leaves New York schools at a crossroads. Depending on whom the Board of Regents selects to succeed Elia, the commissioner can serve as a force for reform or for preserving a troubled status quo. Read More
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