small business

Cuomo: More tax cuts for small business

Gov. Andrew Cuomo continued to trot out his 2016 economic agenda on Tuesday, with a call to revamp the state tax code to benefit small businesses. The plan, announced in a speech in Rochester, followed a morning presentation on Long Island, where the governor unveiled a plan for millions of dollars in infrastructure improvements, including spending on sewers, airports and the LIRR’s stalled third rail project. In Rochester, Cuomo said he would pursue small-business tax…


TPP deal reached; Congress a question mark

The United States and 11 of its trading partners reached an historic accord Monday that will lift 18,000 tariffs on U.S. exports, presenting a potential boom for businesses of all sizes. The so-called Trans-Pacific Partnership pact, the most-sweeping trade deal since 1993’s NAFTA accord, is with Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. About 45 percent of U.S. exports already go to those countries, suggesting the deal could be…


Small business confidence report: Meh

The NFIB Small Business Optimism Survey climbed 1.4 points to 98.3 as six of 10 components improved. “It appears that the small-business sector has finally attained a normal level of activity, which will hopefully keep the economy moving forward, even at a subpar pace,” NFIB chief economist Bill Dunkelberg said. The Index of Small Business Optimism increased 1.4 points to 98.3 in spite of 5 months of what he called “lousy” growth. May is the…