The income gap: Reframing the debate
In his January State of the Union address, President Barack Obama declared that the American dream was under siege. The president promised to shrink the income gap between rich and poor, calling it “t Read More
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Tops reports positive Q4, full-year results
The parent company of the supermarket chain Tops Markets, LLC generated $1.2 million in net income in the fourth quarter of 2011, capping a year that contrasted with red ink in 2010.The fourth-quarter Read More
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Bravo! As I write this editorial, the pundits are 99 percent certain that our elected officials will present us with another on-time budget for New York State. Kudos to Gov. Andrew Cuomo for encourag Read More
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Reduce Your Tax Burden With the Proper Business Structure
Business owners can adopt a variety of legal structures, including a general partnership, limited partnership, registered limited-liability partnership (LLP), limited-liability company, C-corporation, Read More
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Federal funds available for development projects
The state announced $1.2 million in grant funding under a program administered by the Northern Border Regional Commission (NBRC) intended to alleviate economic distress and create jobs in 36 targeted Read More
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Syracuse cracks list of top-20 performing American cities
Business Insider has named Syracuse the 16th best-performing city in America.The ranking is part of The 20 Best-Performing Cities in America, a Business Insider list that the website based on fourth-q Read More
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Tompkins Financial prices stock offering
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) will offer 875,000 shares of its common stock for $40 each.The banking company expects to raise $35 million, an increase over the $30 million it expe Read More
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Tompkins Financial announces stock offering
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) is planning a $30 million stock offering.The banking company plans to use the proceeds for working capital, possibly including repayment of securitie Read More
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First Niagara adds indirect auto lending to portfolio
First Niagara Financial Group (NASDAQ: FNFG) is jumping into the indirect auto lending business.The Buffalo–based banking company said today it will provide a variety of financing options through deal Read More
Health Care & Education
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Oneida County reports one COVID-19 death, possible exposure at area store UTICA, N.Y. — Oneida County officials on Friday reported one COVID-19 death and 12 new cases in the last day. Read More -
Utica College to offer “English for Healthcare” course UTICA, N.Y. — Utica College will offer a specialized “English for Healthcare” course to help those who work in the health-care field or plan to in the future. Read More -
Upstate University Hospital using ROSA brain robot for minimally invasive brain surgery SYRACUSE, N.Y. — Upstate University Hospital announced it has started using new robot technology to perform minimally invasive brain surgery. Read More
Construction, Design & Real Estate
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Owner of Oneida County construction company arrested for grand larceny LEE, N.Y. — The New York State Police announced that they have arrested the owner of Taylor Construction in Camden for taking and keeping money from a homeowner for roof-replacement work he didn’t do. Read More -
LASMNY to use $107K state grant to assist those facing COVID-related evictions UTICA, N.Y. — Legal Aid Society of Mid-New York (LASMNY) in Utica will use a state grant of $107,000 to help tenants that are facing eviction because of the COVID-19 pandemic. Read More -
2nd phase of State Fair’s orange lot project wraps up GEDDES — Crews have completed construction on the second phase of the New York State Fair orange lot project. Read More
Manufacturing & Engineering
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Welch Allyn owner plans to reduce its workforce; Skaneateles impact not yet known SKANEATELES, N.Y. — Hill-Rom Holdings Inc., the owner of medical-device maker Welch Allyn in Skaneateles Falls, has announced a workforce-reduction plan. Read More -
SUNY Oswego to use state grant to support CSTEP program for “underrepresented” students in STEM majors OSWEGO, N.Y. — SUNY Oswego will use state grant funding to support the Collegiate Science and Technology Entry Program (CSTEP), which helps “underrepresented and/or economically disadvantaged” students entering STEM or professional-licensure fields. Read More -
USDA awards loan to Scriba for sewage project, Potsdam for water project The Town of Scriba in Oswego County and the Village of Potsdam in St. Lawrence County will use federal loans for projects focused on sewage and water. Read More