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Minimum wage debate

From Business Today:

TeresaBiersbachAlbany is proposing a raise in the minimum wage, from $7.25 to $8.50 per hour. There's some debate over whether that is a good thing.

Workers say the extra scratch would be a welcome boost as they attempt to eke out a living. But some employers are fighting the change, saying it will increase their cost of doing business.


The New York State Energy Research Development Authority rolled out its On-Bill Recovery Loan program Monday. The program allows homeowners to finance energy-efficient upgrades through NYSERDA, rolling the payments into their monthly utility bill. The amount of the monthly payment is designed to mirror the amount of savings realized by the home improvements, to keep utility bills down.



A Buffalo Internet service provider is raising its expectations and its stock price as it gets ready to take itself public next month. Synacor had originally planned to raise $75 million with it's initial public offering. But now, with profits expected to jump from $3.8 million to $4.2 million, Synacor said it expects to sell 7.8 million shares at $10 to $12 each, resulting in $94 million.



BlueCross Blue Shield of Western New York's parent company HealthNow New York is making a major change to its computer system. Within five years, HealthNow will transition away from its current Facets operating system, and move into the Core Operating System Transition (COST) will eventually be hosted at another arm of Blue Cross in South Carolina.  

Who is getting hired, promoted and honored?

It's only Tuesday? Really?


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