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Opinion

Fair-share pay

When Eastman Kodak Co. CEO George Fisher revamped the formula for the company’s traditional bonus, he tied payouts to performance measures. And top managers must take the bonus as stock options. That might seem a sharp departure from the guaranteed ...

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Answers to the 1996 business-news quiz

1. Spatialight Inc. 2. Roger Hunt 3. Anthony Wilson 4. $2.03 million 5. Kathleen Whelehan of Marine Midland Bank 6. Advantix 7. Anthony Bannon 8. Interpublic Group of Cos. Inc. 9. Louis Harris & Associates 10. Wilbur Prezzano 11. Denise ...

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You think you know the year’s news?

OK, you’ve had plenty of warning. For the past two years, I’ve put readers’ knowledge of local business news to the test. A poor performance the first time out was understandable. The second year? Sure, you had a lot on ...

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Clear sailing
for now

Charles Plosser was wrong about the economy this year. As the dean of the University of Rochester’s William E. Simon Graduate School of Business Administration noted in his annual economic forecast a few weeks ago, he had predicted healthy growth ...

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Coaching best
for top players

Dear Editor: These thoughts were triggered by the article in the Nov. 29 issue entitled “Executives tap coaches for advice, conditioning.” Coaches assist clients to become more clear and focused on their goals and actions to meet those goals. A ...

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New health care
era requires vigilance

New York’s Health Care Reform Act grants all insurers and self-insured plans the power to negotiate hospital rates on behalf of employers, a right in the past held exclusively by health maintenance organizations. The question is whether businesses and their ...

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Tumbling tariffs

Two years ago, more than 100 nations agreed on a pact to eliminate most tariffs on goods and mediate future trade disputes. But last week, as representatives of 128 nations convened in Singapore for the first ministerial meeting of the ...

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N.Y. mandates drive up property taxes

Unlike the weather, fortunately, there are things New York can do to fix the problem with mandates. And the Business Council has made mandate relief and property-tax reduction one of our top priorities for the coming year. New York’s high ...

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A lasting victory

In 1984, a government official declared that “the back of the health care inflation monster” had been broken. By 1988, annual health care costs per employee were soaring nearly 20 percent a year. Now, with premium-rate increases for health care ...

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Letter to the Editor:
Paraphrase in article misleading

Dear Editor: The National Credit Union Administration is the independent federal agency responsible for chartering and insuring the nation’s 7,244 federal credit unions. I would like a clarification printed regarding the story “Credit unions shaken by federal court order” that ...

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Net taxation

As the holiday shopping season hits full stride this year, the air seems to ring with the sound of cash registers in cyberspace. Retailers from Parkleigh to L.L. Bean to bookseller Amazon.com now take orders from customers on their Web ...

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The canal’s new life

When Thruway Authority chief Peter Tufo unveiled his plan for the revitalization of the 524- mile Erie Canal system some 16 months ago, he showed plenty of vision. Unfortunately, he lacked one key element: support of Gov. George Pataki. Mr. ...

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Finding enjoyment in service to others

Louise Woerner is chairman and CEO of HCR Home Health Agency, which she founded in 1978. She also is a director of the Buffalo branch of the New York Federal Reserve Board; a director of the National Women’s Hall of ...

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Stop banks’ war on credit unions

Dear Editor: A recent court decision supported bankers’ ongoing efforts to eliminate competition in the field of financial services. Your story on this decision (“Credit unions shaken by federal court order,” RBJ 11/8/96) quoted a bank spokeswoman as saying that, ...

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Accidental revolution

A big corporation didn’t invent it. No government grants financed it. Even the people who brought it to market had no idea what they possessed. When Intel Corp. introduced the microprocessor 25 years ago, the fledgling company hardly thought it ...

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