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Small-business optimism improves in December
Rising sales expectations and declining concerns about future business conditions contributed to a more hopeful outlook among small-business owners in December, according to a survey from the National Federation of Independent Business (NFIB). The NFIB’s Small Business Optimism Index edged up 1.8 points in December to 93.8. It was the fourth straight month the index registered an […]
Dempsey Agency expands into Auburn, Weedsport
AUBURN — The Robert C. Dempsey Agency spent much of last year expanding to the north, launching a presence in Auburn in January, and then just two months ago, opening an office in Weedsport. The insurance agency’s home office is in Groton and it has a second location in Moravia. To grow, the firm needed
Staffing firms are upbeat about CNY job market in 2012
Central New York seems poised for strong job-placement market in 2012, according to officials from a pair of major staffing firms operating in the area. “I think we’re getting stronger,” says Peter DeBottis, branch manager at Manpower’s Syracuse office. “The local companies are talking to us more about their needs.” Manpower is a division of the Milwaukee–based
Study: 401(k) investors seek more balanced portfolios
Participants in 401(k) plans are using balanced approach in their portfolios rather than completely shunning stocks to avoid the turmoil of up-and-down markets, according to a recent national report. The report, released jointly by the Employee Benefit Research Institute (EBRI) and Investment Company Institute (ICI) in December, defined equities as including equity funds, company stock, and
Hamilton Group owners launch accelerated vendor-payment venture
SALINA — Kenneth Walsleben does not know how to twist time. Yet it sounds like his new business will send clocks spinning in all different directions. The business, Hamilton Capital Resources, LLC, aims to allow clients to take longer to pay their vendors — while simultaneously shortening the amount of time it takes those vendors
Elmira Savings to buy Empower branch
ELMIRA — Elmira Savings Bank will open a new branch in a Big Flats. Elmira entered into an agreement with Empower Federal Credit Union to
Small-business optimism grows for fourth straight month in December
Small-business owners displayed increasing optimism for the fourth straight month in December, raising sales expectations and lowering concerns over future business conditions. Those are the results of the monthly Small Business Optimism Index measured by the National Federation of Independent Business (NFIB). The index inched up 1.8 points to 93.8 in December. The seasonally adjusted
Sovena USA hopes certification leads to growth
ROME — Olive-oil importer and bottler Sovena USA ended 2011 on a high note by becoming the first U.S. laboratory to be certified for chemical testing of olive oil by the International Olive Council (IOC). The new certification positions the company to reassure buyers and consumers that its oils meet globally accepted standards for olive
PAR Tech to sell logistics-management subsidiary
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) is selling its PAR Logistics Management Systems (PAR LMS) shipping asset and management subsidiary to ORBCOMM Inc., a global satellite data-communications company based in Fort Lee, N.J. PAR announced the sale Dec. 28 and said ORBCOMM (NASDAQ: ORBC) will pay $6 million in cash and stock with
Oneida County studies Griffiss Airport’s potential for regular passenger air service
ROME — Oneida County is studying the future of commercial air service from Griffiss International Airport and has hired an expert consultant to assess the feasibility of regularly scheduled passenger air-carrier service at the airport. “The goal of our investments at Griffiss is to make Griffiss an economic development engine that can help attract, retain,
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