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Upstate Venture Connect study reveals characteristics of emerging growth companies

SYRACUSE — A recent study commissioned by Syracuse–based nonprofit Upstate Venture Connect (UVC) has revealed some traits of high-growth companies in upstate New York’s innovation economy. UVC describes itself as “an entrepreneur-led nonprofit focused on building a region wide startup community” and seeks to connect upstate entrepreneurs with resources needed to succeed. To better understand […]

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New York milk production rises nearly 4 percent in April

New York dairy farms produced 1.27 billion pounds of milk in April, up 3.9 percent from the year-ago period, the USDA’s National Agricultural Statistics Service (NASS) recently reported. Production per cow in the state averaged 2,030 pounds in April, up more than 3 percent from 1,965 pounds a year prior. The number of milk cows

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Community Bank System declares quarterly dividend of 32 cents

DeWITT — Community Bank System, Inc. (NYSE: CBU) recently declared a quarterly cash dividend of 32 cents per share on its common stock The dividend will be payable on July 10 to shareholders of record as of June 15. It represents an annualized yield of nearly 2.4 percent, based on the company’s current stock price.

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Small-Business Hiring: What the Big Deal?

How can I be sure I need to hire someone? What exactly does this “someone’ need to do? Where do I start looking? How do I know what to ask in an interview? What other options are available? These and many more questions may be swimming around in your head as a small-business owner thinking

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Why Small Businesses Fail

As everyone knows, owning and operating a small business is risky. According to the U.S. Small Business Administration (SBA), 50 percent of new businesses will survive five years or more. The percentage of businesses that will survive 10 or more years is only 33 percent. The probability of survival increases with the firm’s age. It

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PAR Technology forges Internet-of-things partnership with TempAlert

NEW HARTFORD — ParTech, Inc., a New Hartford–based global provider of point-of- (POS) systems to the restaurant and retail market, recently announced that it has formed xs an Internet of things (IoT) integration partnership with TempAlert, a Boston–based firm specializing in temperature monitoring. TempAlert will integrate with PAR’s SureCheck Advantage food safety system to enable

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STR report: Onondaga County hotel occupancy rate plunges nearly 13 percent in April

Hotels in Onondaga County were significantly less full in April compared to a year ago, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county declined 12.9 percent to 56.8 percent in April from 65.2 percent in the year-ago month, according to STR, a Tennessee–based

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The Budget Process Remains Broken

Think about this for a moment: Two days away from a federal shutdown, Congress comes up with a stopgap measure to keep the government operating — for a week. A few days later, it arrives at a bipartisan budget deal lasting a bit over four months. This, in turn, moves the president to take to

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New York Needs A Climate Where Small Businesses Can Flourish

Some of us are getting back out in our gardens right about now. We’re starting to feel the warmth of spring and things are beginning to grow. It takes a lot of care and the right climate for our plants to flourish. The same could be said about growing our small businesses. New York recently

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Bryan T. Arnault

Bryan T. Arnault has been named a partner in the law firm, Blitman & King LLP. He received his bachelor’s degree from Binghamton University, and went on to obtain his J.D. from the Boston University School of Law, where he served on the Public Interest Law Journal. 

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