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PAR focuses on core business with sale of two subsidiaries
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) is making moves to focus its business on the restaurant industry, announcing it will sell both subsidiaries that comprise its government operating segment for a combined $102 million. PAR sold PAR Government Systems Corp. (PGSC) to Booz Allen Hamilton, Inc., (NYSE: BAH) in a deal that […]
Small business information series plans summer workshops
New York’s new Small Business Summer Series informational events and workshops will tour the state this summer, including several stops around Central New York. The series aims to connect entrepreneurs to free resources, support, and services, according to a release from Gov. Kathy Hochul. It includes the second Interagency Small Business Tour as well as
Moody’s Ratings gives City of Syracuse A1 credit rating
SYRACUSE, N.Y. — Moody’s Ratings has given the City of Syracuse an A1 credit rating, which Syracuse Mayor Ben Walsh says “solidifies Syracuse’s progress toward fiscal sustainability.” Moody’s Ratings — which was formerly called Moody’s Investors Service and is the bond credit-rating business of Moody’s Corporation — gave the City an A1 rating and a
New York State unveils Youth Workers Bill of Rights
New York State unveiled its first ever Youth Workers Bill of Rights, part of a state effort to bolster protections for the state’s youngest workers, just as they get ready to seek out summer jobs, Gov. Kathy Hochul recently announced. The Youth Workers Bill of Rights aims to educate first-time workers as they prepare to
DiNapoli releases report on IDA activity across the state
Industrial development agencies (IDA) across the state helped spur 4,320 projects valued at $132 billion in 2022, an increase of 5 percent over 2021, according to a recent report from New York State Comptroller Thomas P. DiNapoli. However, that development can come at a cost to local communities, he warned, as those projects combined received
Broome County launches new grant program to help small businesses
BINGHAMTON, N.Y. — Small businesses are often overlooked when it comes to funding programs, and Broome County is hoping to change that with its new Broome County Small Business Development Grant program. Representatives of the county and The Agency, which will administer the program, announced it on June 4. Fueled by $500,000 in American Rescue
Destiny USA adds mobile remote guarding systems to its security measures
SYRACUSE, N.Y. — Destiny USA says it has added mobile remote guarding systems into its security program at the mall complex. The systems come from Pittsburgh, Pennsylvania–based Edgeworth Security, a provider of remote surveillance systems. Destiny USA has deployed three Edgeworth mobile remote guarding systems strategically throughout the exterior of the 2.4 million square foot
Syracuse University names alumnus as the next dean of the College of Law
SYRACUSE, N.Y. — Syracuse University has appointed Terence Lau as the 13th dean of its College of Law. The executive committee of the Syracuse University board of trustees approved the appointment, which begins Aug. 5, the school said in its Wednesday announcement. Lau succeeds Craig Boise, who concludes his tenure as dean this month after
Onondaga County seeks proposals for new downtown hotel; to create hotel initiative
SYRACUSE, N.Y. — Onondaga County plans to issue a request-for-proposals (RFP) to the private sector to build a convention-center hotel on a county-owned parking lot just east of the Everson Museum of Art in downtown Syracuse. In addition, Onondaga County Executive Ryan McMahon plans to send a proposal to the Onondaga County Legislature to create
New initiative works to bolster microelectronics and semiconductor industries in New York
Empire State Development (ESD) has announced the launch of the Upstate Defense Initiative. It brings together ESD’s Division of Science, Technology and Innovation (NYSTAR), CenterState CEO, the Griffiss Institute, FuzeHub, and Syracuse University’s Institute for Veterans and Military Families to support workforce development, bolster supply chains, and cultivate innovation and entrepreneurship in the state’s microelectronics
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