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Fidelis Care opens Utica office
UTICA, N.Y. — Fidelis Care, a statewide health plan with 1.5 million members, has announced the opening of a downtown Utica community office. The organization
Community Bank to acquire Northeast Retirement Services for $140 million
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) today it announced it will acquire Northeast Retirement Services, Inc. (NRS) — a privately held, Woburn,
Labor-law attorney reacts to court ruling blocking new federal overtime rule
Area employers who had prepared for a new overtime rule to take affect on Dec. 1 are readjusting after a Nov. 22 federal court ruling that prevented the new rule from taking effect. A judge on the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction preventing the U.S. Department
What to expect when applying for a business bank loan
You have an idea and want to start a business. You need to borrow money and decide to go to a bank for a business loan. Well, you may find out there are certain things the bankers will want from you besides just a completed application. It’s been said that banks only lend money to
Survey: Upstate employers expect 5-6 percent rise in health-care costs in 2017
Upstate New York employers, responding to a recent survey, estimate that their health-benefit cost-per-employee would rise 6.6 percent in 2017, if they made no changes to their current plan. However, they expect to hold their cost increase to 5.3 percent by making key changes to their plans. “Those could be plan-design changes … [an] increase
Just what you need, right? One more time-consuming task to be taken care of between now and the end of the year. But taking a little time out from the holiday chores to make some strategic saving and investing decisions before Dec. 31 can affect not only your long-term ability to meet your financial goals,
Spelling Out Fiduciary Access to Digital Assets
On Sept. 29, 2016, Governor Andrew Cuomo signed into law a new statute amending the New York Estates Powers and Trusts Law regarding the administration of digital assets. The New York State Assembly memorandum in support of the legislation explains the need for this legislation as follows: “The wide use of digital assets has created
How To Create A Fulfilling Retirement When Every Day Is Saturday
It’s the dream retirement that many people anticipate for decades. Hang out around the pool all day. Play one round of golf after the other. Finally read that teetering stack of books on the nightstand. In retirement, every day is Saturday — only without the dread about what Monday morning back at the office might
Cayuga Community Fund awards more than $35,000 in grants to area nonprofits
The Cayuga Community Fund, an affiliate fund of the Central New York Community Foundation, has awarded $35,603 to 12 nonprofit organizations that serve residents of Cayuga County, according to a Nov. 18 news release. The following organizations received money: ABC Cayuga, Inc. received $5,000 in support of a capital campaign for its new Play Space,
CIBA celebrates global entrepreneurship
Plus ça change, plus c’est la meme chose — Jean–Baptiste Alphonse Karr BINGHAMTON — The epigram attributed to French writer Karr translates as: “The more it changes, the more it remains the same thing.” How apropos of America’s historical attitude toward global trade, which periodically swings like a pendulum between encouraging and discouraging multilateral agreements. Encouraging
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