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The Health-Care Law Continues to Shift Costs to Employers
CEOs and CFOs across the country have been challenged with the need to offer a competitive employee-benefits plan that both meets requirements established under the Affordable Care Act (ACA) and remains affordable to the organization. With several of ACA’s mandates requiring employers to offer an increased number of covered benefits, many of which are at […]
SUNY Oswego offers online graduate certificate in health and wellness
OSWEGO — The State University of New York at Oswego (SUNY Oswego) recently announced it is offering an online graduate certificate in health and wellness through Open SUNY+. Open SUNY+ programs are online degree and certificate programs that “meet pressing employment needs” and include support services for students and faculty, according to the school’s news
State funding to help pay for two Syracuse recreation projects
SYRACUSE — State funding will benefit projects at the Magnarelli Community Center gymnasium and at Grant Middle School on Syracuse’s Northside. The Magnarelli Center will use $150,000 for upgrades to the facility’s indoor basketball courts. The City of Syracuse will utilize a grant of more than $203,000 to construct a soccer field at Grant Middle
New venture-capital firm makes its first investment
SYRACUSE — A recent investment in a soil-modeling tool for the agriculture industry is the first investment of what Armory Square Ventures expects will be a very busy next year for the young venture-capital firm. Syracuse–based Armory Square Ventures is one of three companies that invested a combined $2.2 million in Agronomic Technology Corp. to expand
Market Street Trust Co.: No longer under the radar
Money, which represents the prose of life, and which is hardly spoken of … without an apology, is … as beautiful as roses. — Ralph Waldo Emerson CORNING — The concept of an administrator dates back thousands of years. Whatever the title, the royal family chose a major-domo who would represent, make arrangements, and take
Community Wealth Management Services benefits from growth strategy
DeWITT — A year after outlining strategies to grow Community Bank System, Inc.’s (NYSE: CBU) wealth-management division, the banking company is reaping the dividends of implementing those efforts. Community Bank System saw its total revenue grow $4.3 million, or 4.8 percent, to $92.5 million for the third quarter, according to its Oct. 20 earnings report.
Co-founder of Michael Roberts Associates retires
DeWITT — Michael Roberts Associates, Inc. (MRA) in late August announced the retirement of Robert J. Dugan, co-founder and former partner in the locally owned, independent wealth-management firm. Dugan established Michael Roberts Associates with Robert Cuculich and Michael Donovan in January 1990. A native of Bayonne, N.J., Dugan became a licensed broker in 1975 after
First Niagara blames impairment charge, process issue for Q3 loss
BUFFALO — First Niagara Financial Group, Inc. (NASDAQ: FNFG) is pointing to a non-cash write-off and a process issue as the reasons for a third quarter net loss of $665 million, or $1.90 per share. Results included a non-cash, goodwill-impairment charge of $800 million, along with a pretax $45 million reserve to address a process issue
Celebrating Manufacturing Careers Day
National Manufacturing Day has grown over the last couple of years (www.mfgday.com). This year, nearly 1,700 events were held across the country, including 64 in New York state. In Central New York, Partners for Education & Business (PEB) and MACNY collaborated with Bristol-Myers Squibb to bring about the 5th annual Manufacturing Careers Day event on
New York moves up one spot from last place on State Business Tax Climate Index
New York state is no longer dead last. The state ranked 49th in the 2015 State Business Tax Climate Index, compiled and released this week
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