New York’s initial jobless claims soar 71 percent in latest week
The number of people applying for new unemployment-insurance benefits in New York state in the week ending Dec. 7 jumped by 71 percent to 34,414 from 20,092 the week before. Layoffs in New York’s co Read More
Rheonix raises $14M for manufacturing and 2014 product launch
ITHACA — Rheonix, Inc., an Ithaca–based developer of automated molecular-testing products, today announced it has raised $14 million to complete a manufacturing build-out and to help launch its first Read More
SIDA approves redevelopment proposal for Hotel Syracuse
SYRACUSE — The board of directors of the Syracuse Industrial Development Agency (SIDA) on Dec. 17 approved a preferred-developer agreement for a proposed project to redevelop the Hotel Syracuse into a Read More
Cuomo announces $500,000 is available for farmland protection
Gov. Andrew Cuomo on Tuesday announced the availability of $500,000 to aid farmland-protection efforts across New York state. Municipalities can apply for grants of up to $15,000 under this new req Read More
Novelis to build new $120M production line at Oswego plant, add 90 jobs
OSWEGO — Novelis, a manufacturer of rolled aluminum and the world’s largest aluminum recycler, today announced it will invest about $120 million to install a third aluminum automotive-sheet finishing Read More
M&T Bank, Hudson City extend timeline for proposed merger
BUFFALO — M&T Bank Corp. (NYSE:MTB) and Hudson City Bancorp, Inc. (NASDAQ: HCBK) today announced that they expect their proposed merger will require additional time. The extra time is necessary Read More
OCC, SUNY Potsdam sign 2+2 partnership agreement
ONONDAGA — Onondaga Community College (OCC) and the State University of New York (SUNY) at Potsdam today announced a 2+2 partnership agreement, the sixth such agreement OCC has signed. It allows st Read More
PAR Springer-Miller rolls out new suite of mobile hospitality apps
NEW HARTFORD — PAR Springer-Miller Systems, Inc., a unit of PAR Technology Corp. (NYSE: PAR) and provider of hospitality management systems, today announced it has introduced a new suite of mobile hos Read More
State report: nearly 9 million more tourists visited N.Y. in 2013 than last year
A year-end progress report on the state’s tourism initiatives indicates that 8.8 million more tourists visited New York in 2013 compared to last year. That’s according to a report that Cristyne Nicho Read More
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