Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Mackenzie Hughes forms practice group to help employers who hire foreign nationals
SYRACUSE — An increasing number of foreign nationals are coming to the United States for jobs these days, and that means employers hiring them need to be on top of the regulations and paperwork required for such employment. That’s why Syracuse–based law firm Mackenzie Hughes LLP recently formed a practice group specifically dedicated to immigration […]
EBRI survey: Retirement-savings confidence rebounds
Americans’ confidence in their ability to afford a comfortable retirement has recovered somewhat from the record lows of the past five years. That’s according to the 24th annual Retirement Confidence Survey (RCS) that the nonprofit Employee Benefit Research Institute (EBRI) released on March 18. However, it doesn’t appear the findings are the result of improved
Every Business Owner Should Start a 401(k) plan
In President Obama’s new budget proposal, he suggested taxing the historically pretax 401(k) contributions of about half a million people. Some business owners are reticent to start defined-contribution plans for their employees because of this proposal. But the president’s hope to restrict the plans should actually make owners more interested in creating one. Obama’s suggested
Complying with the Nonprofit Revitalization Act’s rules
New York Governor Andrew Cuomo signed the Nonprofit Revitalization Act of 2013 last December. Even though the law represented the first major revisions to New York Not-For-Profit Corporation law in over 40 years, all I could say was, “Here we go again!” — with all due respect to Ronald Reagan who first made that phrase
First Niagara launches private insurance exchange
BUFFALO — First Niagara Benefits Consulting (FNBC), a division of First Niagara Risk Management, Inc., today announced its launch of a private insurance exchange. FNBC
Chemung Financial board adds new directors
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced it has added G. Thomas Tranter, Jr., of Horseheads, and Thomas R. Tyrrell, of Loudonville, to the
California firm acquires Salina’s Polaris Library Systems
SALINA — Polaris Library Systems, a Salina–based provider of automation software for public libraries, is under new ownership. Emeryville, Calif.–based Innovative Interfaces, Inc., a firm
Pathfinder Bank board of directors adds Gagas
OSWEGO — Adam C. Gagas has been elected to the board of directors of Pathfinder Bank. Gagas is founder and CEO of Breakwall Asset Management,
Oneida Financial pays quarterly dividend of 12 cents a share
ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC) has declared a quarterly cash dividend of 12 cents a share on its common stock. The dividend is
NY Attorney General sues FedEx over untaxed cigarettes
New York Attorney General Eric Schneiderman today announced his office has filed a $70 million lawsuit against Federal Express (FedEx) Corp. (NYSE: FDX) for “unlawfully”
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.