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Investors poised to buy Facebook stock

ALBANY - Margo Singer describes Facebook as part of her daily life. Now she'd like to own a piece of the social media giant.

"I know I'm addicted to Facebook. And I'd like to be part of it. I support what they do," she said.

On Thursday, the privately held company will become publicly-traded on the stock market. After the initial public offering is complete, individual investors can try to scarf up shares on Friday.

So even if you love being on Facebook, should you jump in?

"People will want to buy Facebook, but really the sophisticated investor will probably wait, watch and choose their time," said wealth management advisor Steven Bouchey.

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Legislative push for medical marijuana in New York State

ALBANY - Wanda Hernandez has been living with HIV/AIDS for over a decade. 

She says she's tired of feeling like a criminal for using marijuana to battle the effects of her illness.

"Because of my HIV medication, I have constant battles of nausea and I have trouble holding down the food that I need to maintain myself and stay healthy but when I can use marijuana, it helps me settle my stomach and I feel comfortable," Hernandez said at a news conference in the Legislative Office Building.

Committee chairs in both the Assembly and the State Senate are pushing for a law that would allow doctors to prescribe marijuana.

The patient would be required to register with the Department of Health and under most circumstances purchase the pot from a hospital or pharmacy.  

Cuomo wants salary cap for state-funded non-profits

Governor Cuomo wants to cap salaries for directors of state-funded not-for-profits and for-profit groups.

Under it, executives would be limited to a top salary of $199,000

The proposed regulations cover providers that receive more than half a million dollars in state support every year and receive at least thirty percent of their annual funding from the state.

NY Legislature to move primary from Sept. 11

ALBANY, N.Y. (AP) - New York's legislative leaders have agreed to move the Sept. 11 political primary in remembrance of the deaths and rescues in the 2001 terrorist attacks.
    
Democratic Assembly Speaker Sheldon Silver and Republican Senate Majority Leader Dean Skelos say an agreement has been struck to move the primary to Sept. 13.
    
Skelos says Tuesday it's tempting to hold the primary as scheduled in defiance of terrorism but he's honoring a request by New York City firefighters and police officers.
    
The Senate passed the measure Tuesday. The Assembly is expected to follow suit within days.
    
The 2001 attacks came on a primary day, which was suspended.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

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Applications available for DEC Environmental Education Summer Camps

Applications available for DEC Environmental Education Summer Camps

The application is now posted online for the Department of Environmental Conservation Environmental Education Summer Camps.

The DEC Environmental Education Camps offer campers experiences in sportsman education, games, lessons, hands-on activities, swimming, hiking, canoeing and other outdoor activities. Through these activities, campers will learn about forests, water quality, nature and more.

There are four different camps kids can attend, Camp Colby, Camp DeBruce, Camp Rushford and Camp Pack Forest. Campers will participate in discovery groups and will complete six lessons. These lessons include group dynamics, explorations of different habitats and human impacts on the environment.  Science, problem solving, games, journal keeping and wildlife activities are also part of what campers will experience.

Camp starts on July 1, 2012 and goes until August 18, 2012. Campers can attend multiple times during the seven, week-long sessions.

Civil War reenactment

TROY - The 77th New York STate Volunteer Ifantry reenactment group will make its return to Troy on the weekend of June 2.

There will be battles with cannons and musketry. Soldiers will set up camp and demostrate what life was like during those times.

For more information, please call, 518-785-1732.

Venture Bplan Series to take place May 30

Venture Bplan Series to take place May 30

The Venture Bplan Series will take place on Wednesday, May 30 and it is a collaboration of the Center for Economic Growth and RPI Incubation Programs.

According to the Center for Economic Growth’s website, the regularly-scheduled forum is designed for entrepreneurs to get visibility to the region’s angel and institutional investors, business service providers, advisors, students, faculty, alumni and most of the early-stage business community.

The forum offers a first-look for the business community to the best and brightest early-stage growth companies in the region.

Click here for more information.