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Feb 10, 2017

Commentary: Key valuation elements to consider in your buy-sell agreement

A shareholder buy-sell agreement for a closely held business is not unlike a will for estate planning. You probably won’t need one until a “triggering event” in the agreement occurs. Typical triggering events in a buy-sell agreement of a closely held company that require a business valuation can include death, disability, divorce, personal bankruptcy, retirement, […]

Sep 14, 2016

Small businesses wait for verdict on 2017 health care costs

NEW YORK — Autumn is an anxious time for many small and medium-sized business owners as they wait to learn whether their health insurance costs will go up for 2017 — and if so, by how much? “There’s always a lump in your throat because you don’t know what you’re going to get,” says Darren […]

Apr 22, 2013

Survey: Budget tightening not hurting business

NEW YORK — Washington’s budget tightening is having a minimal effect on businesses, a survey of business economists released Monday shows. The National Association for Business Economics survey asks how higher taxes and lower government spending affected businesses in the first three months of 2013. Ninety-three percent of respondents say the political developments had no […]

Dec 17, 2012

Forbes: N.Y. ranks 23rd in overall business climate

New York State ranked 23rd in terms of overall business climate, but 46th in terms of business costs, in an annual list Forbes magazine released Wednesday that placed Utah at the top and Maine at the bottom.

Nov 29, 2012

US pushes to keep entrepreneur jobs here

CAMBRIDGE, Mass. — The Obama administration’s top immigration official says his agency is working to attract and keep more foreign-born high-tech entrepreneurs who are seeking to start a company in the U.S. U.S. Citizenship and Immigration Service Director Alejandro Mayorkas says his agency “has not been especially nimble” to adapt to fast-paced changes in the […]

Jun 18, 2012

Schumer: Help bring Greek yogurt to schools

NORWICH — Sen. Charles Schumer asked federal officials Monday to make it more affordable for public schools to serve Greek yogurt, saying it would expose more students to the high-protein food and boost an already-booming business in New York. Schumer sent a letter to Agriculture Secretary Tom Vilsack asking that he modify the federal school […]

May 3, 2012

Nixon Peabody attorneys talk about doing business in Europe

There are a lot of things to consider when doing business in Europe. To help clients looking to expand, Nixon Peabody LLP hosted a Global Economic and Legal Forum with a European focus Wednesday at its Rochester offices. The firm opened a Paris office about four years ago, which office Managing Partner Carolyn G. Nussbaum […]

Nov 9, 2011

Grants will create and retain 695 jobs

The approval of $4.2 million in Community Development Block Grant Economic Development awards, announced this week by Gov. Andrew M. Cuomo, will benefit businesses across the state, ranging from small microenterprises to larger industrial companies. The federally-funded CDBG program provides financial assistance to eligible counties, cities, towns and villages by providing decent affordable housin[...]

Jul 15, 2011

Who reigned Supreme?

Each June when the U.S. Supreme Court wraps up its term, the same question is asked in legal circles: who won more — businesses or plaintiffs? While typically neither business leaders nor trial lawyers are known for passing on an opportunity to celebrate success ...

Jul 13, 2011

New York near the top in cost of doing business

New York is the third most expensive state in the nation in terms of cost of business and the most expensive on the mainland, according to a ranking compiled by CNBC. But New York also ranks toward the top in terms of education, technological innovation and access of capital ...

Jun 15, 2011

Obama signs initiative to promote business in U.S.

WASHINGTON — President Barack Obama has issued an executive order setting up a government project to retain and attract business to the United States. The program will be run out of the Commerce Department but will involve departments ...

May 3, 2011

US businesses ordered more factory goods in March

WASHINGTON, D.C. — U.S. businesses increased their demand for industrial machinery, computers and autos in March, lifting factory orders for the fifth consecutive month. Orders rose 3 percent in March after a 0.7 percent increase in February ...

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