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

Hancock Estabrook summer associates complete their work virtually
SYRACUSE — Law students Nabil Akl and Bryan O’Keefe recently spent about a month working with Syracuse law firm Hancock Estabook, LLP as summer associates. Because of the COVID-19 restrictions, their work with the firm has been “100 percent virtual,” Mary Miner, hiring partner with Hancock Estabrook, tells CNYBJ in an email message. Akl and […]
Board Directors Beware: Potential Liability in Data-Breach Suit
On April 28, 2020, a shareholder of Laboratory Corporation of America Holdings (LabCorp) started a derivative action against LabCorp, and several of its individual directors and officers. The complaint arises from two major data security incidents and principally alleges that the individual defendants breached their fiduciary duties in a myriad of ways. LabCorp is one of

Cuomo to beef up state enforcement of business compliance with reopening rules
NEW YORK, N.Y. — Gov. Andrew M. Cuomo on Thursday announced he will issue an executive order strengthening state enforcement during the state’s phased reopening

Gatherings of up to 25 people now allowed in New York’s phase 3 regions
TARRYTOWN, N.Y. — Gov. Andrew M. Cuomo on Monday announced gatherings of up to 25 people will now be allowed in regions that are in
How To Protect Retirement Savings In These Uncertain Times
The COVID-19 pandemic is causing millions of Americans to worry about their retirement savings and investments. Stocks are riding a roller coaster and the recent $2 trillion stimulus bill passed by Congress potentially means larger tax bills down the road to help pay for it. [Despite the recent strong rebound], the stock market could be
How To Retool Your Retirement Plan In The Midst Of COVID-19
The coronavirus pandemic has hit the economy hard, and people who are nearing retirement or already retired are feeling the stress. COVID-19 has caused a lot of retirees and those approaching retirement to rethink their plan for retirement. Falling interest rates, massive volatility in the stock market, and stifled economic growth are having a massive effect

Owner of Buffalo accounting firm named NYSSCPA president
Edward L. Arcara, CPA, owner of Edward L. Arcara, CPA PC, which has three offices in Western New York, began his one-year term as board president of the New York State Society of CPAs (NYSSCPA) on June 1, the Society announced. He is the 101st president of the NYSSCPA, which was founded in 1897, and

Destiny USA food and beverage tenants ask to be able to reopen in phase 3
SYRACUSE, N.Y. — A total of 41 food and beverage businesses at Destiny USA on Friday demanded New York State let them reopen under phase

North Country pair arrested for causing more than $6K in property damage with vehicles
WATERTOWN, N.Y. — State Police in Watertown announced that they arrested two North Country residents this week following an investigation into more than $6,360 in

O’Connor appointed commissioner of finance for City of Syracuse
SYRACUSE, N.Y. — Syracuse Mayor Ben Walsh announced the appointment of Brad O’Connor as the City’s new commissioner of finance. O’Connor — who currently serves
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.