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Tioga Downs Regional Community Foundation awards $2M in grants to nonprofits
NICHOLS, N.Y. — The Tioga Downs Regional Community Foundation announced it has awarded $2 million in grants to more than 100 nonprofit organizations from Chemung,
Ithaca company wins $100,000 pitch competition
ITHACA, N.Y. — EMPEQ was named the winner of the $100,000 Veteran Pitch Competition hosted by The Veteran Fund, chosen from a pool of more
Indium Corp. announces leadership change
CLINTON, N.Y. — Indium Corporation has a new CEO as former leader Greg Evans transitions to a role as executive chair of the board of directors, the company announced. Ross Berntson, who already served as Indium’s president and COO, is now also the firm’s CEO. In his dual role, Berntson is responsible for the overall
Naturally Lewis awards nearly $104,000 to Lewis County businesses
LOWVILLE, N.Y. — Naturally Lewis, Inc. says it has awarded close to $104,000 to Lewis County companies through two different funds. The organization in late November announced the recipients of grants from the Building Business Fund and the Small Things, Big Impacts Fund. Building Business Fund is designed to provide matching funds to businesses looking
NYS fines GEICO, Travelers $11.3 million combined over data breaches
ALBANY — New York State says it will collect fines totaling $11.3 million from two auto-insurance companies for having “poor data security,” which led to the personal information of more than 120,000 New Yorkers “being compromised.” The Government Employees Insurance Company (GEICO) will pay $9.75 million in penalties and The Travelers Indemnity Company (Travelers) (NYSE:
Ask Rusty: When Should My Wife Claim SS Benefits?
Dear Rusty: I turned 64 in July and my wife turned 62 in August. My wife has not worked for about 15 years but does qualify for Social Security (SS) on her prior work record. My wife is having some physical issues and would like to not return to work. Since she is eligible to
Report: Most Central New York regions added jobs in October
The Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, and Elmira regions all gained jobs between October 2023 and this past October. Bucking the trend, the Ithaca area lost jobs in that same period. That’s according to the latest monthly jobs report that the New York State Department of Labor (NYSDOL) issued on Nov. 14. October jobs data
VIEWPOINT: IRS Clarifies 403(b) Plans’ Obligations to Part-Timers
On Oct. 3, 2024, the Internal Revenue Service (IRS) released important guidance on the obligations of 403(b) plan sponsors to their part-time employees. Under recently passed legislation that is effective Jan. 1, 2025, a long-term, part-time (LTPT) employee — one who works 500 or more hours in each of two consecutive years — must be
VIEWPOINT: Strategies for Success: Top 5 Audit & Compliance Challenges
For financial institutions The regulatory compliance environment is becoming increasingly complex for financial institutions. A multitude of challenges — ranging from representment fees and fair-lending practices to AI privacy concerns, adjustable-rate mortgage compliance, and interest-rate risk management — demand meticulous attention from internal audit and compliance teams. Here are several strategies that financial institutions can
Barclay reelected as New York Assembly minority leader
ALBANY, N.Y. — The Assembly Republican Conference this week unanimously reelected Will Barclay (R–Pulaski) as leader of the minority conference. The leadership vote was held at the Capitol in Albany in advance of the upcoming 2025 legislative session. Barclay represents the 120th Assembly District, which includes Oswego County as well as parts of Jefferson and
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