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Cuomo launches Business Mentor NY

Gov. Andrew Cuomo on Thursday announced the formal launch of Business Mentor NY, the state’s first “large scale, hands-on” mentoring program geared to help entrepreneurs and small businesses across New York overcome challenges and spur growth. First mentioned in Cuomo’s State of the State address, the new initiative builds on the volunteer-mentoring efforts that helped

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Chemung Financial profit slips 30 percent in Q4

ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, reported net income of nearly $1.5 million, or 32 cents per share, in the fourth quarter. That’s down 30 percent from the $2.1 million, or 46 cents a share, the banking company earned during the same quarter in 2012. Excluding

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GPO Federal Credit Union names Mayhew to president, CEO posts

NEW HARTFORD — The board of directors of GPO Federal Credit Union (GPOFCU) in New Hartford on Tuesday announced it has selected Nicholas Mayhew to serve as president and CEO. Mayhew assumes his new role on Feb. 3. He most recently served as vice president and CFO of Rome Memorial Hospital, GPOFCU said in a

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USDA awards Volney $1.7 million loan and grant for drinking-water system

VOLNEY — The U.S. Department of Agriculture (USDA) is awarding the town of Volney a loan and grant totaling $1.7 million to help bring clean drinking water to more local residents. U.S. Senators Charles Schumer (D–N.Y.) and Kirsten Gillibrand (D–N.Y.) today announced the funding from the USDA’s Water and Waste Disposal Loan and Grant program.

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The Beeches: Adapting in the second hundred years

Necessity is the handmaiden of invention. — author unknown ROME — On Dec. 12, 1901, Guglielmo Marconi received the first radio signal transmitted across the Atlantic Ocean. At the same time, Frank Destito was on board a ship bound from Italy to New York City — final destination: Rome, N.Y. Destito, who was newly married,

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CNY unemployment rates decline, job growth mixed

Jobless rates continue to decline across Central New York, but the region’s job-growth picture remains mixed. Unemployment rates in the Syracuse, Binghamton, Utica–Rome, and Ithaca metro areas fell by an average of more than 1 percentage point when compared to a year ago, according to the latest New York State Department of Labor data released

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Credit Union Classic is a truly global event

DeWITT — The 2014 Credit Union Classic, a Symetra (formerly Futures) Tour “Road to the LPGA” event, will attract 144 U.S. and international women golfers to Drumlins Country Club in DeWitt this summer. Organizers announced details on Jan. 10 at Drumlins. “You’ll see around the putting green … 35 different flags from different countries. It’s

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