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

DiNapoli audit finds poor financial management by CNY Regional Market Authority board
SYRACUSE, N.Y. — The Central New York Regional Market Authority’s financial position has “deteriorated,” and the cash available to pay operating costs “declined”‘from fiscal year (FY) 2020-21 to FY 2022-23. That’s according to an audit that New York State Comptroller Thomas DiNapolireleased on Tuesday. The Central New York Regional Market operates at 2100 Park St. […]

Law firm with New England, White Plains offices to combine with Harris Beach
ROCHESTER, N.Y. — A law firm with offices in Connecticut, Massachusetts, and White Plains in Westchester County is combining with Rochester–based Harris Beach PLLC, which has offices in Syracuse, Ithaca, and other locations in New York. The new combined firm with Murtha Cullina LLP — “which will be a powerhouse in the region’s legal industry”

Comptroller audit addresses lax accounting in Chenango County town
LINCOLN, N.Y. — Recent audits by New York State Comptroller Thomas DiNapoli’s office found some accounting shortcomings in the town of Lincoln in Madison County, where a former town clerk was arrested for stealing from the town, according to the audit reports. The first audit, which covered Dec. 1, 2017, through June 1, 2022, found

New state budget includes funding for the Empire AI consortium
ALBANY, N.Y. — New York State has established Empire AI as part of the newly enacted state budget. Empire AI is described as a “first-of-its-kind consortium to secure New York’s place at the forefront” of artificial intelligence (AI) research, the office of Gov. Kathy Hochulannounced on Monday. The consortium will leverage a $275 million state
Former Utica school superintendent sentenced for public corruption charges
UTICA, N.Y. — Former Utica City School District superintendent Bruce Karam has been sentenced to pay more than $160,000 in restitution to the school district

Barclay Damon adds IP attorneys to its office in New Haven, Connecticut
NEW HAVEN, Conn. — Syracuse–based Barclay Damon LLP says a five-person intellectual property (IP) team of attorneys has joined its patents & prosecution; intellectual property
State comptroller audit finds Town of Guilford in Chenango County did not develop realistic budgets
GUILFORD — A recent audit by the office of New York State Comptroller Thomas P. DiNapoli showed the Town of Guilford board failed to develop realistic budgets, underestimating revenue, and not using the appropriated fund balance. That resulted in an unrestricted fund balance in the general and highway funds that exceeded the town’s fund-balance policy
Former OPWDD worker sentenced for grand larceny from organization
UTICA, N.Y. — A former direct–support assistant with the state Office for People with Developmental Disabilities (OPWDD) who made more than $4,500 in unauthorized charges

Attention drivers: New York’s expanded Move Over Law takes effect March 27
ALBANY, N.Y. — Gov. Kathy Hochul on Tuesday reminded drivers that New York’s Move Over Law will soon expand to include all vehicles stopped along the roadway. Starting March 27, the law will require drivers to take precautions — including slowing down and moving over — to avoid a crash with all vehicles stopped along
People news: Valicenti Advisory Services adds staff accountant
ELMIRA, N.Y. — Valicenti Advisory Services, Inc. has announced the addition of Ashley M. Edwards as a staff tax accountant. As a member of the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.