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Illinois firm to acquire Welch Allyn parent in $10.5 billion deal
Hill-Rom Holdings, Inc. in June 2015 announced plans to acquire Welch Allyn for about $2.05 billion in cash and stock. Nearly three years later, Hillrom
Hochul nominates former Obama advisor as new Department of Financial Services superintendent
ALBANY, N.Y. — Gov. Kathy Hochul has nominated Adrienne Harris to lead the New York State Department of Financial Services as its next superintendent. Formerly
Picente says Oneida County COVID-19 cases rising, points to concerning trends
UTICA, N.Y. — The number of COVID-19 cases are rising in Oneida County, reaching 97 on Thursday, the highest number recorded since Jan. 29. Oneida
Cazenovia College has new lab for finance, accounting students
CAZENOVIA, N.Y. — Cazenovia College believes a new laboratory space provides an “added sense of career realism” for its students taking finance and accounting courses. The lab includes the same types of industry-utilized data technology, business-day amenities, and “precise working environment” that students are likely to see when they begin work in finance and accounting
Hochul discusses schools, shots, ethics in first speech
ALBANY, N.Y. — Gov. Kathy Hochul used her first speech as governor to announce policies on vaccinations and masks in schools, overall vaccination rates and booster shots, rent relief, and state-workforce policies. In the early portion of her remarks, she acknowledged that New Yorkers may not yet know her, but Hochul said, “I know you.”
CPA firm formally opens new office in downtown Ithaca
ITHACA, N.Y. — Karp, Ackerman, Small & Hogan, CPAs, PC (KASH) — a Hudson, N.Y.–based firm that offers corporate accounting, tax advisory, and bookkeeping services — recently formally opened a new office in downtown Ithaca. KASH held a ribbon-cutting event with the Downtown Ithaca Alliance (DIA) and Ithaca Mayor Svante Myrick on July 22 at
New York local sales-tax collections rise 21% in July
ALBANY, N.Y. — Local government sales-tax collections in New York state increased 21.2 percent in July compared the same month in 2020. It marks the fourth straight month that collections exceeded 2020 results and reflects the state’s recovery from the pandemic. That’s according to New York State Comptroller Thomas DiNapoli, who said on Aug. 17
VIEWPOINT: Non-Competes are Enforceable in New York, but Attorneys get a Pass
Non-competition agreements are ubiquitous across the United States in most industries and at all levels of those industries. These agreements have come under increasing scrutiny, including by the Federal Trade Commission and the New York Attorney General. While non-competition agreements are largely permissible in the professions, one notable holdout that prohibits them is the one that writes
Bonadio Group to expand NYC footprint with planned merger
ROCHESTER, N.Y. — The Bonadio Group — a Rochester–based accounting firm that operates an office in Syracuse — plans to expand its footprint in the New York City area. Ganer + Ganer, a New York City–based accounting firm, plans to merge its operations with the Bonadio Group. Ganer + Ganer will begin operating under the
New state bills on wage theft, overdraft fees signed into law
ALBANY, N.Y. — During his final days in office, then-Gov. Andrew Cuomo signed bills focused on wage theft and requiring banks to take several actions that prevent overdraft fees. Details on both bill signings were announced Aug. 19. Wage theft One of the measures that Cuomo signed relates to strengthening laws prohibiting wage theft. It
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