Topic: Michael Bloomberg

NYC may have to lay off teachers after all: mayor

NEW YORK (Reuters) - New York City might have to layoff 4,400 teachers after all, Mayor Michael Bloomberg said on Friday, just two days after he granted them a reprieve by freezing their salaries rather than cutting jobs.This is one of many ...
Speaking to reporters on Fifth Avenue after marching in the Veterans Day parade, Michael Bloomberg was asked about Barack Obamas advocacy of a Detroit bailout. "The problem Detroit has more than anything is the defined-benefit health costs, which add something like $2,000 ...