Sen. Menendez faces charges of conspiracy to commit bribery, honest services fraud and extortion, yet “more may be coming,” warns Andrew Sidamon-Eristoff.
Eye on NY: Another Economic-Development ‘Flop’
Plans to lure Canadian battery company Zinc8 to New York with “government incentives” appear to be “a dud,”. Zinc8 was working toward a low-cost zinc-air battery for a “renewable-heavy energy grid,” but last week its CEO quit, employees were laid off and its stock crashed. The state had awarded it $9 million in tax credits tied to employment and spent $8 million on the industrial park where it was to be the anchor tenant.
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