New York State invests $120M to modernize fish hatcheries
The Department of Environmental Conservation is announcing a $120 million investment to modernize freshwater fish hatcheries across the state.
The announcement took place at the historic Caledonia Fish Hatchery, the oldest in the Western hemisphere, just in time to kick off the annual Caledonia Trout Festival this weekend.
The funding marks the start of a three-phase project to upgrade 12 hatcheries statewide, ensuring the continued success of fish stocking and conservation programs.
And as it happens, Friday, the New York State Senate confirmed the first openly gay DEC commissioner Amanda Lefton. We heard from her today on the investment.
'So our hatcheries systems in NYS really stock over 1,000 water bodies all across New York,' Lefton said. 'So, we have anglers that go out and catch fish. And they might not even know that we helped raise those fish and these stocking efforts are really so helpful to help with restoration efforts but for the angling communities. And what's so neat about Caledonia is the history, a lot of people grew up going to this hatchery.'
These hatcheries support a recreational fishing industry that already contributes $5 billion annually to New York's economy.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Billionaires Buy a Brilliant Vanguard Index Fund That Could Turn $500 Per Month Into $442,400 With Help From the "Magnificent Seven" Stocks
Key Points A few wealthy hedge fund managers added shares of the Vanguard Mega Cap Growth ETF in the second quarter. The Vanguard Mega Cap Growth ETF has nearly 60% of its assets invested in "Magnificent Seven" stocks. The Vanguard Mega Cap Growth ETF has returned 669% since its inception, compounding at 12.2% annually. 10 stocks we like better than Vanguard World Fund - Vanguard Mega Cap Growth ETF › Recently filed Forms 13F indicate these billionaire-led hedge funds bought shares in the Vanguard Mega Cap Growth ETF (NYSEMKT: MGK) during the second quarter: Cliff Asness' AQR Capital Management added 6,205 shares, doubling its stake. Ken Griffin's Citadel Advisors added 10,498 shares, starting a small position. David Shaw's D.E. Shaw added 8,190 shares, starting a small position. While none of these hedge funds have particularly large positions in the Vanguard Mega Cap Growth ETF, it's still a worthwhile holding as part of a diversified portfolio. The index fund provides heavy exposure to the "Magnificent Seven" stocks, and history says it can turn $500 per month into $442,400 in the next 20 years. Vanguard Mega Cap Growth ETF is heavily invested in the "Magnificent Seven" stocks The Vanguard Mega Cap Growth ETF tracks 69 large U.S. companies that account for 70% of U.S. equities by market value. In particular, the index fund is focused on growth-oriented stocks in the technology sector, but a large percentage of its assets are also invested in the consumer discretionary sector. Here are the top 10 holdings in the Vanguard Mega Cap Growth ETF, listed by weight: Nvidia: 14.4% Microsoft: 13.9% Apple: 10.8% Amazon: 7.7% Broadcom: 4.9% Meta Platforms: 4.6% Alphabet: 4.5% Tesla: 3.1% Eli Lilly: 2.3% Visa: 2.2% The Vanguard Mega Cap Growth ETF has nearly 60% of its assets in the "Magnificent Seven" stocks, some of the most competitively advantaged and fundamentally sound companies in the world. Compared to the other 493 members of the S&P 500 (SNPINDEX: ^GSPC), the "Magnificent Seven" have consistently reported faster earnings growth, as detailed below: The "Magnificent Seven" reported earnings growth of 31% in 2023, while the remaining 493 companies in the S&P 500 reported an earnings decline of 4%. The "Magnificent Seven" reported earnings growth of 40% in 2024, while the remaining 493 companies in the S&P 500 reported an earnings decline of 4%. More importantly, Wall Street analysts expect the "Magnificent Seven" to keep outperforming the other S&P 500 companies through at least 2026 as the artificial intelligence (AI) market expands. The Vanguard Mega Cap Growth ETF could turn $500 per month into $442,400 in 20 Years The Vanguard Mega Cap Growth ETF has returned 669% since its inception in December 2007, which is equivalent to 12.2% annually over the last 18 years. That period covers such a broad range of economic and market conditions -- two recessions, three bear markets, and eight market corrections -- that investors can reasonably expect similar returns in the future. Assuming the index fund continues to gain 12.2% annually, $500 invested monthly would be worth $106,300 in one decade and $442,400 in two decades. But some investors may prefer to save more or less. The chart details how different monthly contribution amounts would grow over time, assuming the index fund returns 12.2% annually. Holdings Period $200 Per Month $400 Per Month $600 Per Month Five years $15,300 $30,600 $45,900 10 years $42,500 $85,000 $127,500 20 years $176,900 $353,900 $530,900 Returns determined with the compound interest calculator. Table by author. The last item of consequence is the expense ratio. The Vanguard Mega Cap Growth ETF has a reasonable expense ratio of 0.07%, meaning shareholders will pay $7 per year on every $10,000 invested in the fund. In summary, I would characterize this index fund as a cheap, easy way to get exposure to the largest U.S. stocks, including the Magnificent Seven. Should you invest $1,000 in Vanguard World Fund - Vanguard Mega Cap Growth ETF right now? Before you buy stock in Vanguard World Fund - Vanguard Mega Cap Growth ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Vanguard World Fund - Vanguard Mega Cap Growth ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* Now, it's worth noting Stock Advisor's total average return is 1,070% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Trevor Jennewine has positions in Amazon, Nvidia, Tesla, and Visa. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, Tesla, and Visa. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Billionaires Buy a Brilliant Vanguard Index Fund That Could Turn $500 Per Month Into $442,400 With Help From the "Magnificent Seven" Stocks was originally published by The Motley Fool Connectez-vous pour accéder à votre portefeuille
Yahoo
2 hours ago
- Yahoo
NY Lottery Win 4, Take 5, Numbers winning numbers for Tuesday, Aug. 19
The New York Lottery offers multiple draw games for people looking to strike it rich. The games include New York Lotto, Cash4Life, Numbers, Win 4, Take 5, and Pick 10. Cash4Life is a multi-state lottery game available in 10 states. The top prize is $1,000 a day for life or a one-time lump sum of $7,000,000. The winning numbers are drawn at 9 p.m. EST daily and we have the results below. New York Win 4, Take 5, and Numbers are drawn twice a day at 2:30 p.m. and 10:30 p.m. New York Lotto is drawn on Wednesday and Saturday. New York Win 4 Midday: 7-3-1-0 Evening: 6-6-8-9 Check New York Win 4 payouts and previous drawings here. New York Take 5 Midday: 01-06-13-16-39 Evening: 06-11-18-37-39 Check New York Take 5 payouts and previous drawings here. New York Numbers Midday: 3-3-0 Evening: 1-1-7 Check New York Numbers payouts and previous drawings here. Cash4Life 04-06-08-33-35, Cash Ball: 02 Check Cash4Life payouts and previous drawings here. Pick 10 05-06-15-16-22-23-25-27-29-30-36-48-51-55-58-60-65-66-72-78 Check Pick 10 payouts and previous drawings here. Feeling lucky? Explore the latest lottery news & results When is the next Cash4Life drawing? Cash4Life is drawn daily. How late can you buy a Cash4Life ticket in New York? In New York, in-store and online ticket sales are available until 8:45 p.m. daily. Cash4Life costs $2 to play. Cash4Life is available in these 10 U.S. states: New York New Jersey Florida Georgia Indiana Maryland Missouri Pennsylvania Tennessee Virginia What are the Cash4Life prizes? Match Win Odds 5 numbers + Cash Ball $1,000/day for life 1 in 21,846,048 5 numbers $1,000/week for life 1 in 7,282,016 4 numbers + Cash Ball $2,500 1 in 79,440 4 numbers $500 1 in 26,480 3 numbers + Cash Ball $100 1 in 1,471 3 numbers $25 1 in 490 2 numbers + Cash Ball $10 1 in 83 2 numbers $4 1 in 28 1 number + Cash Ball $2 1 in 13 What are the odds of winning Cash4Life? The odds of winning a prize in Cash4Life is 1 in 7.76. Winning lottery numbers are sponsored by Jackpocket, the official digital lottery courier of the USA TODAY Network. Where can you buy lottery tickets? Tickets can be purchased in person at gas stations, convenience stores and grocery stores. Some airport terminals may also sell lottery tickets. You can also order tickets online through Jackpocket, the official digital lottery courier of the USA TODAY Network, in these U.S. states and territories: Arizona, Arkansas, Colorado, Idaho, Maine, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oregon, Puerto Rico, Washington D.C., and West Virginia. The Jackpocket app allows you to pick your lottery game and numbers, place your order, see your ticket and collect your winnings all using your phone or home computer. Jackpocket is the official digital lottery courier of the USA TODAY Network. Gannett may earn revenue for audience referrals to Jackpocket services. GAMBLING PROBLEM? CALL 1-800-GAMBLER, Call 877-8-HOPENY/text HOPENY (467369) (NY). 18+ (19+ in NE, 21+ in AZ). Physically present where Jackpocket operates. Jackpocket is not affiliated with any State Lottery. Eligibility Restrictions apply. Void where prohibited. Terms: This results page was generated automatically using information from TinBu and a template written and reviewed by a NY Audience Editor. You can send feedback using this form. This article originally appeared on Rockland/Westchester Journal News: NY Lottery Win 4, Take 5, Numbers winning numbers for Tuesday, Aug. 19 Solve the daily Crossword
Yahoo
3 hours ago
- Yahoo
Sumitomo Corporation Invests in Ursa Space to Accelerate Global Growth and Expand into Japan
ITHACA, N.Y., Aug. 20, 2025 /PRNewswire/ -- Ursa Space Systems, a leading provider of satellite-based analytic solutions, today announced a strategic investment from Sumitomo Corporation of Americas, the largest subsidiary of Sumitomo Corporation which is one of Japan's largest integrated trading and investment conglomerates. This investment marks a significant milestone in the company's expansion and strengthens its ability to serve customers across Asia, particularly in the Japanese market. As a global leader in geospatial AI solutions, Ursa Space delivers insights derived from the world's most comprehensive virtual constellation of commercial Earth observation data. The company's next-generation geospatial platform provides rapid, scalable, and automated remote sensing solutions to decision-makers across the commercial sector. "Partnering with Sumitomo as we expand into Japan positions us strongly for success," said Adam Maher, CEO of Ursa Space Systems. "We're thrilled by Sumitomo's investment and the trust they've placed in our vision. This partnership will enable us to bring the power of geospatial solutions to a wider audience and accelerate our mission to deliver insights at unmatched speed and scale." "We very much appreciate this opportunity to invest in and embark on a journey with Ursa Space Systems, one of the leading geospatial intelligence companies to offer AI-enabled user- friendly solution to the Japanese market," said Randy Yoshimura, SVP & General Manager of Sumitomo Corporation of Americas' Aerospace, Defense & Technology Group. Ursa Space's solutions are used to detect real-time changes in the physical world through multi-modal satellite imagery and data fusion, enabling customers to make confident, data-driven decisions. The company's subscription and custom monitoring services overcome traditional limitations of geography, weather, and political boundaries. With this new round of funding, Ursa Space will grow its capabilities, expand its reach into Asia, and further enhance its platform to meet the demands of a global customer base. The revolutionary orchestration capabilities of the company's platform represent a paradigm shift from image-first to indicator-first analysis. The simple user experience breaks down a complicated process that can take weeks into one that takes minutes. It provides analysts and operators with timely, easily accessible, and relevant commercial satellite solutions. Sumitomo joins existing investors in Ursa Space, which includes Dorilton Capital and RRE Ventures, among others. About Ursa Space Systems Ursa Space Systems builds the software and AI agents that guide the acquisition, analysis, and integration of satellite and geospatial data into customer workflows, delivering valuable insights for commodity markets. By leveraging satellite data and advanced analytics, Ursa Space provides fast, actionable information to a range of industries, including finance and energy. About Sumitomo Corporation Sumitomo Corporation (TYO: 8053) is an integrated trading and business investment company with a strong global network comprising 129 offices in 66 countries and regions. The Sumitomo Corporation Group consists of approximately 900 companies and 80,000 employees on a consolidated basis. The Group's business activities are spread across the following nine groups: Steel, Automotive, Transportation & Construction Systems, Diverse Urban Development, Media & Digital, Lifestyle Business, Mineral Resources, Chemicals Solutions and Energy Transformation Business. Sumitomo Corporation is committed to creating greater value for society under the corporate message of "Enriching lives and the world," based on Sumitomo's business philosophy passed down for over 400 years. View original content to download multimedia: SOURCE Ursa Space Systems
