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

KeyBank study finds financial imposter syndrome fuels consumer anxiety
Even though many Americans say they’re currently feeling financial stress, KeyBank’s annual Financial Mobility Survey finds that Americans are “closer to their personal financial comfort goals than they may realize.” The bank says the feeling of financial stress is a case of “financial imposter syndrome,” which refers to the self-doubt many people feel about their […]
Launch NY hires program manager, marketing & events manager
BUFFALO — Launch NY says it has hired two employees in management positions overseeing important initiatives. Cassidy Malough will serve as a Launch NY program manager with oversight over the Launch NY Entrepreneur-in-Residence (EIR) and other client services programs, along with grant and data management. The organization has also named Taylor Griffith marketing and events

Benefits for paid family leave, workers’ comp. in N.Y. to rise in 2025
ALBANY — With 2025 now underway, the state says the new year includes increased workers’ compensation and paid family leave benefits for workers, along with some “savings for businesses.” As of Jan. 1, 2025, the minimum weekly benefit for workers’ compensation and the maximum weekly benefit for paid family leave will both go up, while

Community Bank recognized by AHA for commitment to workforce health
DeWITT — The American Heart Association (AHA) recently awarded Community Bank N.A. its silver recognition in the 2024 Well-being Works Better Scorecard, honoring the bank’s commitment to the health of its workforce and the community, the bank announced. The Scorecard honors organizations at four levels — bronze, silver, gold, or platinum — based on their

Barclay Damon adds insurance litigation partner
SYRACUSE — Barclay Damon recently announced that Erin Tyreman has joined the law firm as a partner in its torts & products liability defense and professional liability practice areas. Her primary office location is Syracuse. With nearly 15 years of experience trying cases in state and federal courts, Tyreman represents clients in a wide range

Operating engineers union to get more than $85M in federal funding for pensions
The International Union of Operating Engineers (IUOE) Fund will receive an $85.5 million pension fix from the federal American Rescue Plan Act of 2021. The federal money will restore full pension benefits for more than 6,400 union workers and their families across upstate New York from Buffalo to the Capital Region, the office of U.S.

Ask Rusty: Can my Wife Claim her SS Now and Get Half my SS Benefit Later?
Dear Rusty: My wife will reach her full Social Security (SS) benefit at 66.5 years of age, which is just under two years away for her now. If she were to begin to get her monthly check now (i.e. early), would that prevent her from being eligible for the spousal benefit to receive half of

Workforce development included in State of Ag address in Syracuse
SYRACUSE — Increasing support for agricultural education and agricultural-workforce development, a stronger food system, and fighting climate change. New York State Agriculture Commissioner Richard Ball spoke about those topics as part of his State of Agriculture address on Jan. 9. His remarks were part of the 193rd New York State Agricultural Society Annual Forum held

CXtec names new CEO following Belyea retirement
SYRACUSE, N.Y. — CXtec has named a new CEO following the retirement of Peter Belyea, who had been with the company for more than 35 years and served as CEO from 2016-2024. The company has announced the appointment of Todd Zegers as the firm’s top official. Zegers, who joins CXtec with more than two decades

ALBANY, N.Y. — NY CREATES, Natcast, and the U.S. Department of Commerce have reached the final agreement to make Albany NanoTech the first flagship facility
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.