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Baseball great Pete Rose makes Syracuse visit

SYRACUSE — Wherever Pete Rose goes, his lifetime ban from Major League Baseball (MLB) for gambling is fodder for discussion. And, that was true on Rose’s recent stop in Syracuse. In December, MLB denied Rose reinstatement to the game. However, Commissioner Robert Manfred, Jr.’s statement on his decision seemed to imply that eligibility for the

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Tioga County seals deal for Crown Cork & Seal plant

OWEGO — On Jan. 10, Gov. Andrew Cuomo’s office announced an agreement between Crown Holdings and New York State to site a manufacturing facility in the Tioga County Industrial Park located in the town of Nichols, five miles west of Owego.  Crown Holdings, Inc. (NYSE: CCK) is the parent company of Crown Cork & Seal

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CNY Executive Q and A: A conversation with Pinnacle’s Gregg Kidd

Editor’s Note: CNY Executive Q&A is a feature appearing regularly in The Central New York Business Journal, authored by guest writer Jeff Knauss, who is president of his own digital-marketing firm. In each edition, Jeff chats with a different executive at a Central New York business or nonprofit, with the interview transcript appearing in a conversational

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M&T Bank operating profit rises in Q4

M&T Bank Corp. (NYSE: MTB), Central New York’s largest bank ranked by deposit market share, recently reported that its fourth-quarter profit rose, excluding one-time expenses related to its long-delayed acquisition of Hudson City Bancorp, Inc. (NASDAQ: HCBK). Net operating income at M&T rose 20 percent to $338 million, or $2.09 a share, in the latest

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Sweeping Changes to Claiming Social Security Benefits

The budget bill signed on Nov. 2, 2015 by President Obama included sweeping changes in the claiming of Social Security benefits. The changes ended two major Social Security claiming strategies for married couples. No more file and suspend or restricted application. If you have not filed for Social Security benefits within 180 days of the

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Reduce Fiduciary Risk with an Effective Investment Policy

Human-resource officers and managers are often asked to chair or sit on a retirement-plan committee responsible for administrative tasks. In this role, a committee member takes on fiduciary responsibilities to plan participants and beneficiaries, and can be held personally liable for fiduciary breaches under federal law. As legal counsel, we endeavor to manage this risk

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Why Your Partnership Needs a Formal Agreement

If you are in business with a partner or partners, you need a formal agreement for the following reasons: Your business may already be a partnershipUnlike other types of business entities, such as a corporation or a limited-liability company, a partnership can be formed without any written agreement or filing with the government. New York

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