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Federal government budget deficit falls to $37 billion in March
The federal government ran a $37 billion budget deficit in March, down from $107 billion in the year-ago month, the U.S. Treasury Department reported Thursday.
“Botched” state-tax processing cost N.Y. more than $6 million in overtime, DiNapoli says
The New York State Department of Taxation and Finance amassed more than $6 million in overtime costs last year following “systematic” problems with a contractor’s
KeyCorp restructures its community bank unit, names new leaders
KeyCorp (NYSE: KEY), parent of KeyBank, announced Tuesday that it has created a new leadership structure for its community bank division and named E.J. Burke
Hinman, Howard & Kattell re-elects Orband as managing partner
BINGHAMTON — The partners of Binghamton–based law firm Hinman, Howard & Kattell, LLP have re-elected James W. Orband as managing partner for another five-year term.
PeopleSystems partners with Sandler Training to develop training division
SYRACUSE — PeopleSystems, a Syracuse–based firm that specializes in providing business services to clients nationwide, has partnered with the local franchise of Sandler Training to develop a training division. PeopleSystems, which operates at 241 W. Fayette St. in Syracuse, helps its clients with human-resources compliance, unemployment-cost control, and training. Sandler Training is the local affiliate
Polaris Library Systems acquired by a California firm
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 that also specializes in library technology, on April 1 announced it acquired Polaris on March 31. Neither side released terms of the acquisition in the Innovative Interfaces news release. The
Chemung Financial board adds Tranter, Tyrell as 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 board of directors of Chemung Financial and its primary subsidiary, Chemung Canal Trust Company. Tranter is president of Corning Enterprises, a unit of Corning, Inc. He joined Corning in 2000
Mergers and Consolidations: An Opportunity for Today’s Nonprofits
During the economic downturn that began around 2008 and continued for several years, mergers and acquisitions between for-profit businesses slowed significantly. However, mergers, consolidations, and other types of affiliations began to proliferate among nonprofits during this time as several factors forced nonprofits to look for means to cut costs and do more with limited resources.
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
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