Tag: pricing

New York City postpones controversial, first-in-the-US congestion pricing plan

Kathy Hochul, the governor of New York, abruptly “postponed indefinitely” New York City’s controversial, first-in-the-nation congestion pricing plan on Wednesday, with sources citing concerns about the cost of living and economic recovery as well as implications for vulnerable Democrats in competitive US House races later this year. Under the politically unpopular plan, which would have […]

Hochul considering congestion pricing delay amid concerns from Democratic leaders

NEW YORK — Gov. Kathy Hochul is considering delaying the state’s pending congestion pricing plan, out of concern that its June 30 implementation would hurt Democrats in competitive House races this year, three people familiar with her thinking told POLITICO. The Democratic governor and her aides have recently begun signaling their worries about the controversial […]

Super Micro’s shares drop after pricing stock offering at discount

(Reuters) – Super Micro Computer’s shares fell 5% on Wednesday after the AI server maker announced the pricing of its public stock offering, selling the shares at a discount to their most recent closing price. The slide marks the fifth consecutive session of decline for the stock, erasing about 28% from the company’s market capitalization […]

Final public hearing on congestion pricing set for Monday

NEW YORK (PIX11) — New Yorkers have one final opportunity to sound off on congestion pricing at the MTA’s third and final day of public hearings on Monday. The current proposal will charge $15 for most cars, with a $5 credit for drivers using the tunnels. The money will help fund mass transit investments. Residents […]