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News stories tagged with "business"

Businesses say Workers' Comp Rates Hurting Economy

Over 300 factory workers will lose their jobs as a result of two plant closings announced last week. One is the Brooklyn based Domino Sugar refinery. The other is a maker of plastic wrappers in the small city of Fulton, New York. The state's Business Lobby says climbing workers compensation rates is just one of the many reasons that New York continues to hemorrhage manufacturing jobs. Karen DeWitt reports.  Go to full article

Mohawks Audit Casino Sub-Contractor Debts

State and St. Regis Mohawk tribal officials have agreed on steps toward paying non-native sub-contractors who helped build the Akwesasne Mohawk Casino in Hogansburg. But the casino's uncertain legal status is creating a catch-22 of sorts. David Sommerstein explains.  Go to full article
Contestants play "Pass The Buck".  Hillary Oak, the game's inventor, explains at right.
Contestants play "Pass The Buck". Hillary Oak, the game's inventor, explains at right.

Modeling a Local Economy: "Pass The Buck"

A movement is afoot to take small steps toward building a healthy local economy in the North Country. It's based on a concept called the "economic multiplier". The idea is basically this: spend a dollar locally, and that dollar cycles through the community to other local businesses and strengthens the local economy. A St. Lawrence County woman has created a role-playing game to illustrate the concept. David Sommerstein reports.  Go to full article

State Proposal Would Curb Corporate Campaign Cash

Government reform groups say the state's campaign finance reporting practices are flawed and need to be fixed, so that state laws can be enforced. They say a study of a small number of counties found 96 potential corporate violators. From Albany, Karen DeWitt reports.  Go to full article

Former Ames CEO Joins 'Wise Buys' Team

A group of North Country investors hope to have a chain of department stores to replace Ames open by the end of the summer in up to seven towns in northern New York. As David Sommerstein reports, the developers have recruited Ames' former CEO to be chairman of the board for the new company.  Go to full article

Businesses Worry About Lawmakers Closing Corporate Tax Loopholes

Businesses in New York are worried that the state legislature will make them pay for eduation and health care restorations, by closing off some corporate tax loopholes. Karen Dewitt reports.  Go to full article

Why Aren't Americans Taking Advantage of Strong U.S. Dollar in Canada?

The recent bankruptcy of the Ottawa Senators has once again drawn attention to the weak Canadian dollar. Teams say it's tough for them to pay the players' American salaries with Canadian currency, which is worth about 65 cents, American. The exchange rate provides a substantial advantage for others, notably American shoppers. And you'd think they'd be streaming across the border looking for bargains. But they're not, as reporter Karen Kelly found in Ottawa.  Go to full article

Canadian Study: Snowmobiles Cause High Number of Severe Injuries

A major new study released yesterday in Canada has found that snowmobile riding is top cause of severe winter sport injuries. The report - published by a non-profit group based in Ottawa - surveyed trauma cases in emergency rooms across Canada. As Brian Mann reports, researchers blamed the injuries on alcohol and high speeds.  Go to full article
Tim MacIntyre and his son T.J. are two of the thousands of snowmobilers who play -- and spend money -- in the North Country each winter.
Tim MacIntyre and his son T.J. are two of the thousands of snowmobilers who play -- and spend money -- in the North Country each winter.

Snowmobile Clubs' Insurance Woes; Trails Close

Snowmobile clubs in Lewis, Jefferson, and St. Lawrence counties and across New York State have had to close their trail systems after discovering their insurance policy doesn't cover snowmobile riders. The interruption comes at the height of the season that generates tens of millions of dollars for local economies. As David Sommerstein reports, irresponsible drivers are fueling a perception that the sport is too dangerous to insure.  Go to full article

SUNY Students Angry About Possible Tuition Hikes

The state's business lobby says it's in favor of tuition increases for students at New York's public colleges. That stance has angered some students at the State University of New York. Karen Dewitt reports.  Go to full article

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