The Daily Gazette
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Wal-Mart key in growth of Plug Power

Wal-Mart Stores Inc. has a fan in Andy Marsh, CEO of Latham-based Plug Power, credits retail colossus Wal-Mart with putting his company on the path to offering hydrogen fuel cells as an alternative to traditional batteries to power the forklifts that flitter around big warehouses moving product.

‘New York day’ proves costly to businessman

A “New York day” is a legal construct: that any part of a day spent in the state qualifies as a full day, or, in the vernacular, as a New York day. It’s important for income tax purposes.

Move would let shareholders track bang for CEO bucks

The U.S. Securities and Exchange Commission announced last week that it soon would put out for public comment a pay-for-performance metric that companies would have to use annually to give shareholders another way of seeing how CEO pay tracks company financial performance and how both compare to firms in a peer group.

Subprime concerns move to car loans

To some New York lawmakers, today’s subprime auto loans look an awful lot like yesterday’s home mortgages.

Proxy push for diversity making progress

LinkedIn and Sketchers are the only remaining public companies from a list of seven or so that haven’t acted ahead of their annual meetings on a recommendation from the New York State Common Retirement Fund to add more women and minorities to their boards of directors.

I-90 Corridor valuable to CSX

The I-90 line is an important one for CSX, which operates east of the Mississippi and in two Canadian provinces.

Holding out hope at HoJo’s

Soon, John LaRock could be running the last Howard Johnson’s restaurant in the country.

Albany seeking feedback on food truck rules

Albany wants to make food trucks “an integrated, celebrated part of city life,” but needs to keep in mind established restaurants, to make sure they “don’t feel threatened.”

Home remodels on the rise

If you’re finally ready to tackle those home renovations shelved during the Great Recession, better be prepared to get in line if you’re looking to engage a local remodeler.

Push for proxy access getting results

When General Electric Co. last week released material for its 2015 annual meeting, missing was one of this year’s hot-button issues: a “proxy access” proposal. The phrase denotes the demand that boardrooms become a bit more open by giving big shareholders a greater say in the election of directors.

Health centers compete for space

I’ll admit now that I was a bit skeptical when a commercial real estate broker predicted a year ago that a medical urgent-care center would take space on Wolf Road, the hot retail corridor that boasts so many hotels, restaurants and shopping plazas.

‘Zombies’ don’t make best neighbors

So-called zombie homes can rend communities large and small as they sit neglected, abandoned by their owners in foreclosure but not yet repossessed by the lender.

FTC wary of Sysco-US Foods merger

The Capital Region made a cameo appearance in the administrative complaint filed last week by the Federal Trade Commission against the Sysco-US Foods merger.

Online security still no easy task

Friday the 13th also was the day President Obama convened a White House summit on cybersecurity at Stanford University in California to promote public-private collaboration on many online fronts, including payment technologies. Everyone promised to play nice and pull on the same oar, but after my own Friday the 13th experience, I remain skeptical.

Odds officially against startups

Here’s a sobering statistic from Gallup: Since 2008, more businesses have been dying annually in the U.S. than have been forming.

Barbie must get back to business


The holidays were tough on Barbie.

Dissolving Johnstown EDC might be best move

The Johnstown Economic Development Corp. is one step closer to dissolving, filing a petition for court approval under state nonprofit law to go out of business and turn its assets over to the city of Johnstown.

Canada effort way off Target

Minneapolis-based Target Corp. pushed into Canada in 2013, opening store after store in rapid succession. Last week, the cheap-chic discounter admitted the foray was a flop and announced plans to leave the country, shutting all 133 of its Canadian stores.

Upstate becoming worth the venture

For many years, upstate was a “flyover” zone for venture capital: a region ignored by big East Coast investment firms on their way to promising deals elsewhere. That thinking may be changing.

Effort to tax online sales continues

With a new Congress seated this week and promises of wrangling on big issues like the Keystone pipeline, Obamacare and immigration, it’s anybody’s guess whether a new version of the Marketplace Fairness Act will catch attention.

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