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

AmeriCU formally unveils newly renovated Cicero branch office
CICERO, N.Y. — AmeriCU Credit Union unveiled its remodeled Cicero branch with a ribbon-cutting ceremony on Monday, Sept. 9. New interactive teller machines offer new

Port of Oswego signs agreement with International Longshoremen’s Association
OSWEGO, N.Y. — The Port of Oswego has signed a contract with the International Longshoremen’s Association (ILA) that’s in effect through December 2028. “Signing this

HORSEHEADS, N.Y. — Siemens Mobility says it plans to build a “first-of-its-kind,” high-speed, rail-manufacturing facility in Horseheads, generating about 300 new jobs in the Southern

Nonprofits can apply for Excellus Health Equity Innovation Awards
DeWITT, N.Y. — Excellus BlueCross BlueShield is accepting applications for its 2024 Health Equity Innovation Awards. The award grants provide funding to community-based organizations to

Syracuse Fire Department awarded nearly $7.6 million to hire up to 20 new firefighters
SYRACUSE, N.Y. — The Syracuse Fire Department will use a federal grant of nearly $7.6 million to hire up to 20 new firefighters. The FEMA grant is the largest the department has ever been awarded, U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) and U.S. Senator Kirsten Gillibrand (D–N.Y.) said in their Thursday announcement. The funding

Latest Loretto LPN apprenticeship program class graduates
SYRACUSE — Loretto describes its licensed practical nurse (LPN) apprenticeship program as “the first federally recognized LPN apprenticeship in the nation.” Loretto and leaders of the 1199SEIU union on Aug. 23 honored the program’s most recent graduates. Loretto’s LPN apprenticeship program resulted from a “successful labor-management partnership” between Loretto, the fourth largest health-care provider in

Unemployment rises across CNY regions in July 2024
Unemployment rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, Ithaca, and Elmira regions all increased in July compared to a year ago, a sign of some softening in the labor market. The figures are part of the latest New York State Department of Labor (NYSDOL) data released on Aug. 20. Regional unemployment rates The jobless rate

SUNY Oswego’s OWIER names first director of workforce innovation
OSWEGO — SUNY Oswego’s Office of Workforce Innovation and External Relations (OWIER) has named Kathryn Watson as its inaugural director of workforce innovation and community impact. SUNY Oswego President Peter Nwosu launched the school’s OWIER in the fall of 2023, The OWIER provides a designated point of entry into SUNY Oswego for industry, nonprofit, public,

DFS adopts insurance guidance to combat discrimination in artificial intelligence
ALBANY — It was a step meant to protect consumers from unfair or unlawful discrimination by insurers using artificial intelligence (AI). The New York State Department of Financial Services (DFS), a financial regulatory agency, a few months ago adopted guidance focused on the topic. “New York has a strong track record of supporting responsible innovation

EBRI issues research findings on 401(k) plan account balances, allocations
Researchers with the Employee Benefit Research Institute (EBRI) on Aug. 27 reported their findings from an analysis of 401(k) plan participants drawn from the EBRI /ICI 401 (k) database. The analysis focused on the 2.1 million consistent participants in the database over the six-year period from year-end 2016 to year-end 2022, per the EBRI Issue
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.