Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Poll of unemployed Americans reveals return-to-work barriers
One in eight expect to never work again Thirty percent of Americans who lost their jobs during the pandemic to not expect to return to work any time this year, and 13 percent say they never expect to return to work. That’s according to poll results released by the U.S. Chamber of Commerce on June 4. The […]

NYS pension fund has largest- ever annual investment return
Fund returned 33.55 percent in latest fiscal year, ending March 31 ALBANY, N.Y. — The New York State Common Retirement Fund’s estimated overall investment return was 33.55 percent for the state fiscal year (SFY) that ended March 31. The figure reflects the financial markets’ “dramatic rebound” from the late March, 2020 lows reached during the
Report: U.S. 401(k) market now worth more than $6 trillion
U.S. 401 (k) plan assets grew by a trillion dollars to more than $6 trillion in the most-recent plan year, according to a May 2021 report from Judy Diamond Associates. The fifth annual 401(k) Plan Benchmark Report “examines almost 600,000 active 401(k) plans, covering more than 88 million eligible workers and $6 trillion in total retirement assets,”

Pathfinder Bank names Tryniski VP, credit manager
OSWEGO, N.Y. — Pathfinder Bank has promoted Nick Tryniski to VP, credit manager from credit analyst. That’s according to Ronald Tascarella, executive VP, chief banking officer, who announced the promotion on June 8. “We are happy to recognize Nick with this promotion,” Tascarella said. “With his extensive knowledge of lending, leadership skills and his commitment

Syracuse’s American Rescue Plan funding to target infrastructure, jobs, city government operations
SYRACUSE, N.Y. — Syracuse Mayor Ben Walsh on Friday outlined plans for the city’s $123 million in federal aid through the American Rescue Plan Act

Le Moyne’s Dolphin Tank competition awards thousands in development funds to student entrepreneurs
SYRACUSE, N.Y. — Le Moyne College’s fifth annual Dolphin Tank competition has provided funding for 10 student-founders who have launched “successful, growing” businesses, the college

McFarland Johnson launches subsidiary focused on infrastructure-management technology
BINGHAMTON, N.Y. — McFarland Johnson (MJ) has announced the creation of a wholly owned subsidiary focused on developing technology-based, infrastructure-management products. The subsidiary is called

Cazenovia College names new director for center for adult & continuing education
CAZENOVIA, N.Y. — Cazenovia College announced it has recently appointed Carla DeShaw as new director of its Center for Adult and Continuing Education. DeShaw, of

Parent company of Cooperstown brewery has new president
Duvel USA — the parent company of Brewery Ommegang of Cooperstown —announced Seraf De Smedt will take over as president of the U.S. organization effective

Rudgick takes over as Christopher Community president
SYRACUSE, N.Y. — Christopher Community, Inc announced it has appointed Justin Rudgick as its new president. He started in the position on Monday, succeeding Douglas
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.