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First Source Federal Credit Union shifts leadership roles
NEW HARTFORD, N.Y. — The board of directors of First Source Federal Credit Union has announced two promotions on its senior executive-leadership team as part
IIABNY promotes Bixby to president of IAAC
DeWITT, N.Y. — The Independent Insurance Agents & Brokers of New York, Inc. (IIABNY) announced it has promoted Brian R. Bixby to president of IAAC,
Middle States Commission reaffirms Cayuga Community College accreditation
AUBURN, N.Y. — The Middle States Commission on Higher Education has reaffirmed accreditation of Cayuga Community College with “no requirements for a follow-up report.” Its
Excellus seeks local doctors for telehealth platform
DeWITT, N.Y. — One of the criteria that Excellus BlueCross BlueShield (Excellus BCBS) used in selecting MDLIVE as the technology platform for its telehealth benefit was the ability to offer participation to local physicians. “So MDLIVE is an open network and local physicians have the opportunity to go through the credentialing process and to become
BINGHAMTON — Jim Rollo Insurance and Financial Services, Inc., a nine-year-old Southern Tier insurance agency, recently announced it has been granted authorization to sell State Farm insurance and financial services in the state of Pennsylvania. The insurance agency’s owner says he’s entering the Keystone State due to customer demand. “Since we opened our business in
PAR Technology hires Chobani’s Menar as its new CFO
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) announced it has appointed Bryan Menar as its new chief financial officer (CFO), effective Jan. 3. Menar joins PAR from Chobani, LLC, where he was VP of financial planning and analysis. While at Chobani, Menar led the yogurt company’s financial planning and analysis team and oversaw all
Schumer: Change in federal-funding formula hurts rural hospitals in upstate New York
LOWVILLE, N.Y. — The federal Centers for Medicare and Medicaid Services (CMS) has changed a funding formula and is pursuing millions in retroactive payments from some New York hospitals benefiting from two federal programs. That’s according to U.S. Senator Charles Schumer (D–N.Y.), who said he’d fight attempts to “claw back critical” federal funds that allow
New York employers report need for skilled labor; apprentice programs help fill gaps
A recent report published by the New York State Department of Labor indicates that employers are facing labor shortages as they seek workers to fill skilled trade jobs. The report states that these shortages are mainly due to baby boomers retiring. The demand for skilled labor represents a good opportunity for high-school graduates and individuals
Post-Trump win, GOP economic confidence jumps, Democrats deflated in N.Y. consumer-sentiment survey
Consumer sentiment among New York Republicans surged in November following the election of Donald Trump as the next President of the United States. But the
The U.S. Economic Outlook & the Implications for Monetary Policy
The U.S. economy — supported by solid gains in household spending has expanded at a moderate rate in 2016. Job gains have been sturdy, and we have seen some firming in wage growth as the labor market has continued to tighten. Moreover, as the effects of earlier declines in energy prices have dissipated, the overall inflation
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