Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Cazenovia College to close its doors after spring 2023 semester
CAZENOVIA, N.Y. — Cazenovia College announced Wednesday it will shutter at the end of the 2022-2023 academic year due to financial problems. “We’re deeply disappointed

CXtec to move HQ, 100 jobs to City Center in Syracuse next summer
SALINA, N.Y. — CXtec on Tuesday said it plans to move its headquarters and 100 jobs to the City Center building in downtown Syracuse next

TSA to hold two-day hiring event in DeWitt for officers at Syracuse airport
SYRACUSE, N.Y. — The Transportation Security Administration (TSA) will hold a two-day hiring event on Friday and Saturday, Dec. 9-10, for those interested in becoming

People news: MVHS appoints Vassallo VP of operations
UTICA, N.Y. — Sherrie Vassallo is the new VP of operations at Mohawk Valley Health System (MVHS), where she will focus on operational and strategic

SUNY selects former New York education commissioner as its next chancellor
Stanley’s appointment followed her retirement as president of SUNY Oswego. King’s background From 2011 to the beginning of 2015, when he joined the administration of

NBT to acquire Connecticut–based Salisbury Bancorp for $204 million
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) announced Monday that it has agreed to acquire Salisbury Bancorp, Inc. (NASDAQ: SAL), of Connecticut, in an

People news: Masonic Medical Research Institute names new assistant professor
UTICA, N.Y. — The Masonic Medical Research Institute (MMRI) recently promoted Chase Kessinger, Ph.D., to assistant professor and added a new lab to the growing

AG James urges Congress to prohibit crypto investments in 401(k) plans
New York Attorney General Letitia James on Nov. 22 urged congressional leaders to adopt legislation that would prohibit investing retirement funds in digital assets, such as cryptocurrencies, digital coins, and digital tokens. Individual retirement accounts (IRAs) and defined-contribution retirement plans, like 401(k) plans and 457 plans for government employees, are key retirement investments for millions

DiNapoli audit details problems with state UI system
ALBANY, N.Y. — The New York State Department of Labor’s (DOL) “failure to replace its long-troubled” unemployment-insurance (UI) system and ad-hoc workarounds to compensate for the old system “weakened” oversight and “ultimately contributed to an estimated billions of dollars in improper payments” during the COVID-19 pandemic. That’s according to an audit that New York State Comptroller

Launch NY rolls out resource navigator for startup firms
“Thanks to the support we received from NYSEG and RG&E, our team has been able to build this new web-based Resource Navigator that provides the most comprehensive directory of resources — most of them available at no- or low-cost — for startup founders and entrepreneurs in our ecosystem,” Marnie LaVigne, president and CEO of Launch
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.