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Polaris Library Systems acquired by a California firm
SALINA — Polaris Library Systems, a Salina–based provider of automation software for public libraries, is under new ownership. Emeryville, Calif.–based Innovative Interfaces, Inc., a firm that also specializes in library technology, on April 1 announced it acquired Polaris on March 31. Neither side released terms of the acquisition in the Innovative Interfaces news release. The […]
Tom Cavallo’s Restaurant to formally open new division, Corked, on April 11
NEW HARTFORD —Corked, a new division of Tom Cavallo’s Restaurant, will hold a ribbon-cutting ceremony to celebrate its grand opening on April 11 at 5 p.m. Greater Utica Chamber of Commerce Executive Director Pamela G. Matt, the chamber’s ambassadors group, and other local dignitaries will attend the celebration at the restaurant at 40 Genesee St.
NYPA updates strategic plan, calls for modernizing New York state’s power system
The New York Power Authority (NYPA), the statewide public-power utility, on March 26 announced an updated strategic plan, which includes the state’s power infrastructure. The plan, entitled Strategic Vision 2014-2019, focuses on providing “more value” to NYPA’s customers and building on its role as a “responsible” steward of its assets, including the state’s hydropower resources,
Chemung Financial board adds Tranter, Tyrell as new directors
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced it has added G. Thomas Tranter, Jr., of Horseheads, and Thomas R. Tyrrell, of Loudonville, to the board of directors of Chemung Financial and its primary subsidiary, Chemung Canal Trust Company. Tranter is president of Corning Enterprises, a unit of Corning, Inc. He joined Corning in 2000
How the Little Guys Can Win In Today’s David-and-Goliath Business World
Before the Internet, small companies didn’t stand a chance against the Goliaths. That’s because no war can be won without intelligence and, before the digital era, collecting actionable data and information about one’s competitors, market, and customers cost a lot more than most small businesses — the Davids — could afford. But today, the Davids
Mergers and Consolidations: An Opportunity for Today’s Nonprofits
During the economic downturn that began around 2008 and continued for several years, mergers and acquisitions between for-profit businesses slowed significantly. However, mergers, consolidations, and other types of affiliations began to proliferate among nonprofits during this time as several factors forced nonprofits to look for means to cut costs and do more with limited resources.
Mackenzie Hughes forms practice group to help employers who hire foreign nationals
SYRACUSE — An increasing number of foreign nationals are coming to the United States for jobs these days, and that means employers hiring them need to be on top of the regulations and paperwork required for such employment. That’s why Syracuse–based law firm Mackenzie Hughes LLP recently formed a practice group specifically dedicated to immigration
EBRI survey: Retirement-savings confidence rebounds
Americans’ confidence in their ability to afford a comfortable retirement has recovered somewhat from the record lows of the past five years. That’s according to the 24th annual Retirement Confidence Survey (RCS) that the nonprofit Employee Benefit Research Institute (EBRI) released on March 18. However, it doesn’t appear the findings are the result of improved
NY State of Health says more than 865,000 sign up
More than 865,000 New Yorkers enrolled for health-insurance coverage through NY State of Health, the state’s health-insurance marketplace, according to a news release on the marketplace website on the morning of April 2. The deadline for the open-enrollment period ended at 11:59 p.m. on March 31. The 865,487 figure listed on the website was up
Every Business Owner Should Start a 401(k) plan
In President Obama’s new budget proposal, he suggested taxing the historically pretax 401(k) contributions of about half a million people. Some business owners are reticent to start defined-contribution plans for their employees because of this proposal. But the president’s hope to restrict the plans should actually make owners more interested in creating one. Obama’s suggested
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