State workers'-compensation rates decline for second straight year

Rates for workers'-compensation insurance in New York will decrease 5 percent for 2009.

Combined with the 20 percent decrease for 2008, the rates have declined 25 percent from 2007, when the state enacted workers'-compensation reform legislation.

Comptroller rescinds Retirement System membership, service credits for three local attorneys

VERONA - The state Comptroller's Office today said it revoked the membership of a local attorney in the state Retirement System and rescinded the service credits of two others.

According to Comptroller Thomas DiNapoli's office, the Madison-Oneida

Entergy won't back away from NYPA contract, AG says

Entergy Corp. (NYSE: ETR) no longer plans to back away from a revenue-sharing contract with the New York Power Authority (NYPA), Attorney General Andrew Cuomo said today.

Abandoning the contract would have cost the state an estimated $432 million

Lockheed completes Australian acquisition

SALINA - Lockheed Martin (NYSE: LMT) said today it has completed its acquisition of the Tenix Group's interest in RLM Holdings Pty. Ltd.

RLM is a radar, systems engineering, and integration and logistics-management business headquartered in

Verizon Wireless invests more than $100 million in regional network during 2008

SYRACUSE - Verizon Wireless is investing more than $100 million in network improvements in upstate New York during 2008, the company said today.

The improvements include 80 new cell sites across the region, having activated six in the Syracuse

Crown Construction navigates tough economy

DRYDEN - The last few years have been a challenge for Crown Construction, Inc.

The Dryden-based firm has seen its annual revenue dip from $5 million in 2005 to a projected range of $3.6 million to $4.1 million in 2008.

However, the company has