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Millionaire Sitt Invests $1 Million To Improve NYC Airport Infrastructure; Launches Global Gateway Alliance

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Sitt, CEO of Thor Equities is taking it upon himself to improve the infrastructure of New York City’s airports. Other Global Gateway Alliance board members include: Stuart Appelbaum, President, Retail, Wholesale and Department Store Union. Dan Glickman, Former Congressman and U.S.

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Holidaymakers face six-month wait for travel refunds as airlines struggle to deal with colossal backlog of claims with £7billion owed to customers

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Millions of travellers owed refunds for cancelled flights face months of chaos amid a crisis in the airline industry. Ryanair boss Michael O’Leary has today cut up to 3,000 jobs but vowed to refund 25 million out-of-pocket customers – as Heathrow sees a 97 per cent drop in travellers in the last month. . By Amie Gordon .

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Feature Story: 2016 Economic Development Awards

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Two unique state programs are the winners of our Achievement in Public-Private Partnership awards: The Pennsylvania Department of Transportation (PennDOT) , for its Rapid Bridge Replacement Project; and the New Jersey Economic Development Authority for the Edison Innovation Fund. for the first time. ACHIEVEMENT IN TARGETED INCENTIVES.

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STATE INCENTIVES GUIDE

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HEALTHY FOREST ENTERPRISE INCENTIVES PROGRAM (HF): Provides incentives for certified businesses that are primarily engaged in harvesting, initial processing or transporting of qualifying forest products. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

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State by State Incentives Guide

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Companies must be less than five years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150% of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds.

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