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Tax increases unavoidable in road to recovery (access required)

Chris Gamble

In an effort to recover from significant economic challenges brought on by the COVID-19 pandemic, New York state’s new $212 billion budget — signed by Gov. Andrew Cuomo this week — contains approximately $4.3 billion in new tax revenue, most of which will be generated from tax increases for high-income earners and corporations. New York is not alone in this plight, as ...

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The latest scoring on indexing v. active investment management (access required)


The data may be settled but the debate is not. The data tell us that over time the overwhelming majority of active investment strategies cannot outperform a simple market tracking index fund. The debate remains unsettled, however, because it’s a ...

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Longest, weirdest ball game in history to celebrate its 40th anniversary


Although I didn’t cover that unforgettable, marathon baseball game during the spring — and summer – of 1981, I feel as if I did, thanks to countless hours of research and scores of interviews with the participants. Over time, I’ve ...

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Reframing frustrations, setting expectations for teams to maintain success (access required)


“I’ve inherited a new employee who is transferring in from another department and I had very little to say about her hire. Now, as I get to know her limitations, I’m becoming concerned about how she will fit into our technical team. ...

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Planning for changes to the federal estate and gift tax: Consider a CRUT or SLAT

Susan Herendeen

As the current administration nears its first 100 days in office, legislation and immediate priorities have remained centered on containing the COVID-19 pandemic and strengthening the economy following the passage of the American Rescue Plan. However, discussions are already underway ...

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Is the share value craze killing strategic performance? (access required)

Pouya Seifzadeh

An enormous potential that has defined industries and their economic performance has come from financial markets. They have allowed companies to tap into financial resources necessary for their growth through attracting investments of additional owners. Investors get involved with the ...

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New York seeks constitutional right to clean air and water (access required)

Lobe, Sarah

This November, New Yorkers will vote on a proposed environmental rights amendment to the Bill of Rights of the New York State Constitution: Environmental rights. Each person shall have a right to clean air and water, and a healthful environment. ...

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Using data to inform creative — the right way (access required)


The most prevailing controversy in the digital media space is the issue surrounding privacy. Consumers are worried about their privacy and what, exactly, is being tracked. Users generally have no idea which companies are processing their data. This can sometimes ...

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The growing popularity of the special purpose acquisition company (SPAC) (access required)


Former New York Stock Exchange President Tom Farley recently described 2020 as “The Year of the SPAC” during an interview on CNBC’s Squawk Box. Indeed, these special purpose acquisition companies attracted gross investment proceeds of approximately $80 billion last year, ...

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Lessons learned from COVID-19 era: How to improve communication (access required)


“Experience is what you get when you didn’t get what you wanted.” — Randy Pausch The past 12 months have been anything but normal. The pandemic has certainly provided each of us with experience that we will never forget. In ...

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A call to action for RBJ’s Power 100 (access required)


I’d like to start this column by thanking the Rochester Business Journal for the honor of being named to their inaugural Power 100, along with a very distinguished list of 99 other individuals. The RBJ team did an excellent job ...

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Region’s energy innovation sector looks bright (access required)

Joseph Stefko

Like the rest of the country, Greater ROC’s regional economy continues to make strides from the COVID-induced downturn. That recovery accelerated again in January after a one-month slowdown, pushing the region closer to its pre-pandemic job levels. Although job totals ...

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