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Sandbox firm launches crowd-funding effort
SYRACUSE — A business launched over the summer in the Syracuse Student Sandbox is running a crowd-funding campaign to raise startup funds. Two Syracuse University students, Dee Cater and Heather Rinder, founded Scrapsule and worked on the idea during this year’s sandbox program. Both have graduated, but are staying in Syracuse to keep working on […]
Inficon profit slips 16 percent in 2nd quarter, but company raises forecast
De WITT — Inficon Holding AG (SIX Swiss Exchange: IFCN) recently reported that its net income fell 16 percent to $9.1 million in the second quarter, from $10.9 million in the year-earlier period. Earnings per share for the latest earnings period totaled $4.08, down 17 percent from $4.91 in the second quarter of 2011. Net
Area Red Crosses merge, gain new leadership, forge new direction
SYRACUSE — On Feb. 1, 2012, the North Central New York Region of the American Red Cross merged with the Southern Tier Region to become the American Red Cross, Central New York Region. This new region now serves 2.1 million people in 16 counties from St. Lawrence to Broome, from Cayuga to Otsego. A couple
Survey: 31 percent of decision-makers have a comprehensive financial plan
Fewer than one-third of household financial decision-makers have ever had a comprehensive financial plan, according to a recent survey from the Consumer Federation of America and the Certified Financial Planner Board of Standards, Inc. The 2012 Household Financial Planning Survey, released July 23, found that just 31 percent of financial decision- makers in the U.S.
IIABNY cheers law loosening restrictions on insurance agents’ gift-giving
Insurance agencies no longer have to stick to branded items like coffee mugs when they give gifts to their clients and prospects because of a
Report: Employees waste money on poor benefits choices
Aflac study reveals that employers fall short on educating workers about benefits options, which takes a significant toll on employees’ finances. A new survey report found that 56 percent of employees estimate they waste up to $750 because of mistakes they made with insurance-benefits elections. Nearly one of four respondents (24 percent) say
Upstate University Hospital relocates bariatric surgery center
ONONDAGA — Upstate University Hospital has moved its Central New York Bariatric Surgery Center to its Community Campus to keep up with ballooning patient demand.
Law firm opens Syracuse office
SYRACUSE — An Albany–based law firm is opening an office in Syracuse today. The new location will create 18 jobs, according to the firm. Tully
Direct Energy completes acquisition Iberdrola subsidiaries
BINGHAMTON — Houston–based Direct Energy completed its acquisition of NYSEG Solutions, Inc. and Energetix, Inc., energy retailers based in Binghamton and Rochester respectively. Both companies
Chobani leads area companies on Inc. 5000 list
The Norwich–based Greek yogurt-maker Chobani topped all other area businesses appearing on a new list of the fastest-growing private companies in the country. Inc. Magazine
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