business

11:57am

Sat October 4, 2014
minimum wage

Tipped workers want a wage increase, but restaurants say it'll hurt

Originally published on Fri October 3, 2014 5:46 pm

Patrick McCann, owner of Piggy Pat's BBQ in New Hartford, says wage increases for servers will hurt his business.
Ryan Delaney WRVO

Most New Yorkers earning the minimum wage are seeing their pay increase slightly, but that doesn't go for those in the service industry who receive tips.

The state's minimum wage will be $9 an hour at the end of next year. It will stay flat for servers and other tipped workers at $5 an hour, plus those tips.

Now the state labor department is considering raising the tipped minimum wage, but restaurant owners are worried it will have a negative ripple effect.

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3:20pm

Wed May 14, 2014
Business

Chobani now a registered company in Delaware; says its not leaving

The U.S. Small Business Association has named upstate Greek yogurt-maker Chobani the "entrepreneurial success of the year."
messycupcakes via Flickr

Central New York yogurt powerhouse Chobani has registered its company in Delaware. Chobani says it’s not going anywhere, but it’s increased rumors the company is going public.

Chobani's headquarters and Greek yogurt plant is in Norwich, in Chenango County. But for tax purposes, it’s now a resident of Delaware.

Many corporations call The First State their home on paper, because Delaware has more lenient corporate policies. 

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7:59am

Tue April 1, 2014
Business

Winter dealt a blow to some North Country businesses

The relentless snow that pounded part of the North Country this past winter kept kids out of school and people home. That also meant a hit for some businesses in the region.

Lori Wells co-owns Café Mira, a restaurant in Adams, south of Watertown. The eatery employs about a dozen people and is only open four days a week. So when Wells and her partner, Lisa Reed, had to make the call three times this winter to not open, that was a hit to their business.

They hadn’t had to close at all in the four years they’ve been owners, Wells said.

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9:36am

Fri March 21, 2014
Veterans

Economic prospects for veterans looking up

Sens. Kirsten Gillibrand and Charles Schumer (D - N.Y.) stand with a group of veterans in 2012.
Ryan Delaney WRVO

Military veterans bring a unique skill set when starting their own businesses, but they also face many of the same challenges as non-veteran entrepreneurs.

There are more than 900,000 vets in New York state and the unemployment rate among those who served in the last decade is consistently higher than state and national levels.

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2:32pm

Thu January 16, 2014
Business

This year's economic forecast? Steady as she goes, maybe better

Central New York’s major economic booster group is predicting the region’s economy this year will be more of the same, maybe a little bit better.

Businesses in central New York are only slightly bullish about economic growth in CenterState CEO’s annual economic survey.

The pro-business group teams up with M&T Bank to put out the forecast. The bank foresees the economy will grow slightly more than it did last year. The region has seen 17 straight quarters of growth.

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