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Lake Placid to host 2022 U.S. Biathlon National Championships

LAKE PLACID, N.Y. — Mt. Van Hoevenberg in Lake Placid has been selected to host the 2022 U.S. Biathlon National Championships. The championships will take place at the revamped facility from March 23-27, 2022, the Olympic Regional Development Authority (ORDA) and U.S. Biathlon announced on June 7.  The U.S. Biathlon National Championships were last held […]

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VIEWPOINT: Including More Voices in Decisions May Bring Discomfort & Results

When companies struggle, whether because of a bad economy, poor decisions, or other factors, top management’s reaction is often to become tight-lipped about the turbulent situation.  Employees are shut out from strategy discussions, and any ideas they might have for fixing the problem go unheard. But in many if not most cases, such secretiveness is the wrong

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VIEWPOINT: 5 Tips to Make Entrepreneurs Resilient When Challenges Threaten their Business

Many entrepreneurs discover that building a business brings difficult challenges, which in turn require resilience to overcome.   But simply having the capacity to recover and keep going doesn’t always lead to better results. Resilience in the context of long-term business success also means learning from past difficulties and, as a result, changing direction to the right path. 

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VIEWPOINT: The Path to Business Success? Treat Employees as Assets, Not Expenses

Any number of factors can cause businesses to struggle. A lack of working capital. Poor planning. Ineffective management.  But one factor that always affects business performance is employee engagement and the degree to which employees feel valued by their company. Your company’s profitability depends on its people — and you want your team to be composed of

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OPINION: Time to end national economic-emergency measures

May’s drop in unemployment makes clear the economic emergency is over.  As states continue to reopen their economies, it is having the obvious anticipated impact of lowering the unemployment rate. [The U.S. Department of Labor’s May report showed a drop in unemployment from 6.1 percent to 5.8 percent.] The number of people on temporary layoff declined by

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OPINION: Can the U.S. Sustain the International Order?

We don’t often think that how the United States conducts itself at home has much impact on how we face the world, but it does. You’d be amazed at how closely people in countries all over the globe follow events here and count on the U.S. to lead the way. When it’s messy at home, it’s hard

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NYS pension fund has largest- ever annual investment return

Fund returned 33.55 percent in latest fiscal year, ending March 31 ALBANY, N.Y. — The New York State Common Retirement Fund’s estimated overall investment return was 33.55 percent for the state fiscal year (SFY) that ended March 31. The figure reflects the financial markets’ “dramatic rebound” from the late March, 2020 lows reached during the

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Report: U.S. 401(k) market now worth more than $6 trillion

U.S. 401 (k) plan assets grew by a trillion dollars to more than $6 trillion in the most-recent plan year, according to a May 2021 report from Judy Diamond Associates. The fifth annual 401(k) Plan Benchmark Report “examines almost 600,000 active 401(k) plans, covering more than 88 million eligible workers and $6 trillion in total retirement assets,”

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VIEWPOINT: Record-high public pension-fund return won’t necessarily mean lower pension costs

The cost to taxpayers of New York’s generous (and constitutionally guaranteed) pension benefits for state and local-government employees depends largely on the performance of pension-fund investments. So when Comptroller Thomas DiNapoli announced recently that the state Common Retirement Fund had earned a record return of 33.55 percent last year — nearly five times the assumed rate —

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Pathfinder Bank names Tryniski VP, credit manager

OSWEGO, N.Y. — Pathfinder Bank has promoted Nick Tryniski to VP, credit manager from credit analyst. That’s according to Ronald Tascarella, executive VP, chief banking officer, who announced the promotion on June 8. “We are happy to recognize Nick with this promotion,” Tascarella said. “With his extensive knowledge of lending, leadership skills and his commitment

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