While other cities in Europe and the United States have already taken similar steps, New York hailed its move as significant as it is the biggest metropolis in the country. The city suffered billions of dollars of damage in Hurricane Sandy.New York's US$189 billion pension fund - held for city employees such as police officers, teachers and firefighters - currently has around US$5 billion in securities of more than 190 fossil fuel companies, officials said.Mayor Bill de Blasio said staff will instruct fund trustees to start analysing ways to divest responsibly from fossil fuel over the next five years, in a process that officials warned would not be easy and that would take time."New York City is standing up for future generations by becoming the first major US city to divest our pension funds from fossil fuels," de Blasio.US President Donald Trump inflamed the world last year by announcing that the United States would withdraw from the Paris climate accord, setting off a … [Read more...] about New York unveils plans for fossil fuel divestment
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The two men suspected of carrying out last week's deadly Boston Marathon bombing decided after authorities identified them to drive to Manhattan and set off additional explosives in Times Square, New York City officials said on Thursday. Their plan unraveled only when they realized that a Mercedes sport utility vehicle they had hijacked on April 18, three days after the bombing, did not have enough gasoline for the journey, Police Commissioner Ray Kelly said. New York has been on heightened alert since the Sept. 11, 2001, hijacked plane attacks that destroyed the WorldTradeCenter. Officials said the Tsarnaev brothers' alleged impromptu plan showed America's most populous city remained a magnet for those who want to strike at the United States. Times Square was the target of an attempted car bombing in May 2010. A Pakistan-born U.S. citizen was arrested, admitted to the plot and is serving a life prison term. In the sharpest criticism of President Barack Obama's security policies … [Read more...] about Boston bomb suspects also wanted to attack New York: officials
New York announced gasoline rationing Thursday to address a fuel crisis sparked by superstorm Sandy, as tens of thousands more people lost electricity and officials prepared to deploy emergency mobile homes. Echoing 1970s energy shortages, America's biggest city and financial capital was to restrict sales starting at 6:00 am (1100 GMT) Friday, Mayor Michael Bloomberg announced. He did not say when the measure would end. Cars with license plates ending in odd numbers will be allowed to fill up on odd-numbered dates. Cars with plates ending in an even number or a zero will be eligible on even-numbered days, with police deployed to enforce the rules. … [Read more...] about New York rations gasoline, electric outages mount
Sandy, one of the biggest storms ever to hit the United States, battered the nation's eastern seaboard on Tuesday, swamping New York City streets with record levels of floodwater, blacking out power to millions of people and bringing transportation to a halt through much of the region. … [Read more...] about New York paralyzed as Sandy slams into eastern U.S.
Fashion models in the United States launched a rights group on Monday ahead of New York Fashion Week to seek workplace standards including backstage privacy to stop unauthorized nude photos and a program to provide confidential advice on dealing with sexual harassment. Model Sara Ziff, 29, who has worked since she was 14, founded the nonprofit Model Alliance because she said she has seen the industry disregard child labor laws, evade financial transparency and tolerate sexual abuse in the workplace. "Most models start their adult careers as minors and they labor in an unregulated business knowing that they are highly replaceable," Ziff said in a statement. The Council of Fashion Designers of America (CFDA) said it had offered Ziff advice in starting the group. "Change comes from action and the Model Alliance can be a catalyst for change," said CFDA chief executive Steven Kolb. Designer Diane von Furstenberg, president of the CFDA, is working with the alliance during Fashion Week, … [Read more...] about Models form rights group ahead of New York Fashion Week