Schumer doubles down on support for Plug Power facility, announces support for $520M loan guarantee

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Schumer doubles down on support for Plug Power facility, announces support for $520M loan guarantee

ALABAMA, N.Y. — Senator Charles Schumer announced Thursday that he supports a proposed $520 million loan guarantee by the Department of Energy sought by Plug Power. Plug Power is slated to build a hydrogen processing facility at the Genesee …
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GameStop Names Activist Investor Ryan Cohen as Chairman of the Board

If it wasn’t clear before, those who are looking to transform GameStop into the “Amazon of video games” are now firmly in charge. Executive looking out window. Image source: Getty …
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Local startup to receive a part of $6M in state funds to combat climate change with new technologies

The recipients include 43North winner ‘Cleanfiber.’ The startup makes building insulation from recycled corrugated cardboard. The state says it’s investing in entrepreneurial projects that they say advance …
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Tesla complains that German bureaucracy may delay its new plant.

A year after starting construction on its first European auto assembly plant on the outskirts of Berlin, Tesla is complaining that German regulations are too slow and inflexible, risking a delay in the opening of the facility. “Obstacles in German law governing …
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Dollar Bank unveils new logo and rebranding as it looks to its next generation of customers

The financial institution is 165 years old, and it wants its new branding to reflect its evolution, as new and younger customers look to the company for their financial well-being, savings advice and mortgage guidance, according to a news release.
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