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Central New York Business Journal The Greater Binghamton Business Journal The Mohawk Valley Business Journal
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Norman Poltenson is the publisher of The Central New York Business Journal. He founded The Business Journal in 1986, focused on providing business owners and managers the news and information they need to compete.Contact him at npoltenson@cnybj.com
Risk: “The possibility of suffering harm or loss.” (American Heritage Dictionary, 3rd edition)
In his opinion piece in the March 5 issue, The Central New York Business Journal’s editor-in-chief, Adam Rombel, wrote about uncertainty in the business community. The result of this uncertainty is employers’ continuing reluctance to take risks.
Everyone assumes that health-care costs in America are rising too rapidly.
“On a per-capita basis, health-care spending increased by a factor of six between 1965 and 2005, after adjusting for inflation,” say Jason D. Fodeman and Robert A. Book, co-authors of a Heritage Foundation study entitled “Bending the Curve: What Really Drives Health Care Spending” (February 17, 2010).
Once upon a time, government employment offered workers lower salaries than the private sector, but provided more security and better benefits. Not anymore.
We must eliminate “... government programs shown to be wasteful or ineffective … there will be no sacred cows or pet projects.” — President Barack Obama, weekly address (4/18/09)
According to the U.S. Government Accountability Office, the federal government spent $25 billion in fiscal year 2008 on 69 early education and child-care programs. The best-known program is Head Start, which currently serves approximately 900,000 pre-school children at an annual cost of $7 billion.
The ancient Hebrews called it the angel of death. In English, we call it the grim reaper, symbolized since the 15th century by a skeleton, dressed in black cloak and hood, carrying a large scythe.
The local company, Syracuse-based Lauraville Packaging, LLC, is a newly formed subsidiary of Quarry Road Holdings, LLC, also of Syracuse. The new subsidiary acquired the assets of Lauraville Specialty Products, LLC of Geneva.
Tomorrow morning and afternoon, Syracuse University basketball fans will descend like locusts upon the New York State Thruway. Their destination: exit 50, as they shuffle off to Buffalo to follow their beloved Orange.
On Feb. 19, the Federal Reserve Board raised the discount rate from one-half to three-quarters of 1 percent. This change of one-quarter of a percentage point in the little-used primary credit window resulted in an immediate leap of the U.S. dollar to nine-month highs. Overnight, the value of the dollar rose 0.82 percent and 0.31 percent against the Euro and the Yen, respectively.
ARCHITECTS Jeffery T. Smith, partner and architect at Chianis & Anderson Architects, PLLC, has been honored by the American Institute of Architects’ National Board of Directors as a Citizen Architect for his commitment to his community and to the architecture profession. Among his current positions, Smith serves on the Village of Owego Historic Preservation Commission and the City of Binghamton Commission on Architecture and Urban Design.
Top Ranks Lists The 2010 Book of Lists electronic edition may be downloaded in Excel format. These 62 lists include key business information (when available) such as number of employees, revenue, products/services offered, and top executives for each company.