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

Cornell University launching layoffs, citing “profound financial challenges”
ITHACA, N.Y. — Cornell University says it’s facing “profound financial challenges” and is taking several steps that will “reduce Cornell’s workforce,” something the university calls

City of Syracuse, developer break ground on upcoming housing, retail project
SYRACUSE, N.Y. — Work is beginning on a new mixed-use development on Syracuse’s East side that’s located within walking distance of Syracuse University. Officials broke ground on the project, known as The Rosie, on Tuesday afternoon at 1301 E. Genesee St. in Syracuse. The Michaels organization of Camden, New Jersey joined the City of Syracuse

Waverly man arrested for grand larceny
WAVERLY, N.Y. — The New York State Police at Owego announced they arrested a Waverly man on Wednesday, June 18 for allegedly stealing thousands of

Finger Lakes woman pleads guilty to state pension-payment theft
Stole over $25K in payments made to her deceased mother GENESEO — Patricia Chatley, 61, of Nunda in Livingston County, recently pled guilty to stealing more than $25,000 in New York State pension payments made to her deceased mother. State Comptroller Thomas P. DiNapoli, Livingston County District Attorney Ashley Williams, and New York State Police

Semikron Danfoss announces Marcy downsizing initiative
MARCY, N.Y. — Semikron Danfoss plans to ramp-down production at its facility in Marcy as part of a controlled scale-down over the remainder of the

Cayuga Milk Ingredients formally opens $270M expansion near Auburn
AURELIUS, N.Y. — Cayuga Milk Ingredients (CMI) on Wednesday formally opened its $270 million expansion following a two-phase project in the town of Aurelius in Cayuga County, near Auburn. The new facility will allow the company to more than double its workforce, adding up to 150 new jobs to the existing workforce of 100 employees,

Air Force’s Rome Lab generated nearly $600 million economic impact in latest fiscal year
ROME, N.Y. — The Air Force Research Laboratory Information Directorate in Rome had a $599 million economic impact on the Utica-Rome and Syracuse metropolitan statistical

Two ESF alumni to donate $2 million to school fundraising campaign
SYRACUSE, N.Y. — Two 1979 graduates of the SUNY College of Environmental Science and Forestry (ESF) plan to donate $2 million to the recently announced

Oneida County Tourism releases 2025 Destination Guide
UTICA, N.Y. — Oneida County Tourism (OCT) has released its 2025 Destination Guide, a key resource for visitors and locals that showcases Oneida County’s offerings including special events, Erie Canal bicentennial highlights, a seasonal bucket list, family-friendly attractions, agritourism activities, and more. “This is truly my favorite guide we’ve ever produced,” OCT President Sarah Foster

EBRI: retirees feeling better about retirement prospects
More than three-fourths of retirees (78 percent) are reporting a positive outlook for retirement, with those respondents confident they will have enough money to live comfortably throughout retirement. Confidence among retirees increased from 74 percent last year. That’s according to the 35th annual Retirement Confidence Survey, which was published on April 24. The Retirement Confidence
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.