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Thursday, September 02, 2010
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Breaking News

	State gains jobs, unemployment flat by Traci DeLore
	The state may have seen its largest monthly job increase in July since 2005, but the uptick had little effect on unemployment. The state added 29,000 private-sector jobs in July, but the unemployment rate was unchanged from the previous month at 8.2 percent, according to a Labor Department news release. That's down from 8.7 percent in July 2009.

	New state law allows restaurant wine sales at fair by Eric Reinhardt
	Visitors at the upcoming New York State Fair will have more chances to buy a glass of New York wine. Gov. David Paterson signed a bill into law on Aug. 15 allowing restaurants and vendors to sell glasses of wine, according to a news release from the fair.

	New York closing costs tops in nation by Kevin Tampone
	A new study from Bankrate, Inc. found that New York's home-mortgage closing costs were the highest in the nation. The company released its 2010 Closing Costs Survey on Monday. The survey found that New York led the nation with average origination and closing costs of more than $5,600. Arkansas was the least expensive area with average fees of more than $3,000.

	DiNapoli audit says Medicaid overpaid for dental care by Eric Reinhardt
	New York's Medicaid program paid more than $40 million for excessive dental cleanings and oral examinations over a five-year period ending Aug. 31, 2009. The finding is part an audit New York State Comptroller Thomas DiNapoli released today.

	Area projects receive state grants by Traci DeLore
	A number of Central New York projects will receive a financial boost from Empire State Development as its board of directors approved $9.3 million in new funding today. The city of Oswego received $1 million from the Restore New York Communities Initiative for its harbor revitalization project, which will cover a portion of the construction costs for a 36,000-square-foot expansion of the existing Best Western Captain's Quarters Hotel. The new facilities will include 18 additional hotel rooms and a new restaurant for a total cost of $5 million.

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	Lead CNYBJ Consumer confidence among upstate New Yorkers inches up in August
	Upstate New York's consumer confidence level rose 3.2 points to 57.7 in August, according to the latest monthly survey from the Siena (College) Research Institute (SRI). The Upstate figure is nearly five points below New York's consumer confidence level of 62.5, which is down 0.5 points from July, according to SRI. The institute released the new survey today.

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OPINIONS

From The Publisher

	Celebrating Washington Station
	Spending on office buildings, which has dropped 47.5 percent since the September 2008 record-spending high, is nearing a 13-year low, according to the Institute for Trend Research. Permits for new-office construction have dropped 26.7 percent just since last December. Office vacancy rates in the second quarter of 2010 increased to 17.4 percent, the 10th consecutive quarterly rise. Construction of office buildings is projected to close 2010 at nearly 32 percent below 2009.

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ROMBEL ON BUSINESS BLOG

	Another Jobs Report, Another Disappointment
	Another month brought more disappointing news on the pace of hiring. Businesses added fewer jobs than expected in July, and previous estimates of private-sector hiring were revised downward, the U.S. Bureau of Labor Statistics reported today.

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VIEWPOINTS/OP-EDS

	How to Turn the Economic Tide in Your Favor
	Even the most self-assured and stoic among us feel the intensity of the times. The economic recovery seems quite elastic at best. Today’s good news can disappear as quickly as it appeared.

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On The Move

	People on the Move - GB - 8/30/2010
	BANKING & FINANCE Wilber National Bank has appointed Kenneth W. Giblin, Jr., to the position of senior mortgage account representative in its Provantage Home Loans division.

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Market Research

Top Ranks Lists
The 2010 Book of Lists electronic edition may be downloaded in Excel format. These 62 lists include key business information (when available) such as number of employees, revenue, products/services offered, and top executives for each company.

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