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Banking & Finance

Large majority backs the arbitration ban

This week the Consumer Financial Protection Bureau decided to ban most types of mandatory arbitration clauses, which require credit card or bank customers to use a mediator when they have a dispute—often giving up their right to sue in court. Respondents to this week’s Rochester Business Journal Snap Poll strongly support the decision to ban the clauses.

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Reports ranks city of Rochester near bottom

Rochester ranks among the most inefficient cities nationwide, a new report from WalletHub contends. In its 2017’s Best- & Worst-Run Cities in America, the online personal finance website ranked 150 of the nation’s largest cities based on 33 key performance ...

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Hanna Holdings acquires 1st Priority Mortgage

Hanna Holdings Inc.—the parent firm of Howard Hanna Real Estate Services, Nothnagle Realtors and RealtyUSA—has closed on the acquisition of 1st Priority Mortgage Inc. and Nothnagle Home Securities, officials announced Wednesday. The transaction was approved by shareholders May 31. “We ...

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CFOs finding their roles are still evolving

In today’s fast-evolving business environment, executives and employees alike often find themselves taking on different responsibilities than what the position initially required. Chief financial officers in particular often find their talents called on in a variety of business assessments. “There’s ...

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JPMorgan grant to create jobs program

tiny-vjf

The Venture Jobs Foundation on Thursday announced it has received a $100,000.00 grant from JPMorgan Chase & Co. to establish the VJF Jobs Kitchen program. The VJF Jobs Kitchen program provides entrepreneurs with professional and educational resources to accelerate their ...

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