Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Judge rejects challenge to Lago Resort & Casino license
TYRE, N.Y. — A New York State Supreme Court judge has rejected the Finger Lakes Racing Board’s challenge to the state selecting Lago Resort &
Upstate University Hospital to use $1.5M state grant to expand HIV treatment programs
SYRACUSE, N.Y. — Upstate University Hospital in Syracuse will use a state grant of $1.5 million to develop and expand treatment programs for people infected
Bartell Machinery unveils single-twist strander machine
ROME — On July 22, Bartell Machinery Systems, LLC unveiled a state-of-the-art, single-twist strander machine at its plant in Rome. The machine — which spans 78 feet in length, 20 feet in width, stands 17 feet high, and weighs 55,000 pounds (unloaded) — is capable of producing large, industrial, electrical-transmission cable for the power-utility
SU alums start $18M student-housing project near campus
SYRACUSE — When Jared Hutter and Michael Edelman were housemates while students at Syracuse University (SU), they had talked about the possibility of one day returning to campus as developers. “We said we should come back and do a project here,” Hutter said. Hutter is a 2006 graduate of SU’s Martin J. Whitman
Cuomo: statewide task force to combat worker exploitation in N.Y.
Gov. Andrew Cuomo on July 16 announced what he calls a “first-of-its-kind,” statewide task force to “root out” worker-exploitation issues in several industries in New
Employers face an average 5.9 percent rise in workers’ comp loss-cost rate
DeWITT — The New York State Department of Financial Services has approved an average 5.9 percent increase in the workers’ compensation loss-cost rate for new and renewal business at fully-insured companies, which will take effect on Oct.1. That’s according to a July 17 bulletin posted at the website of the New York Compensation Insurance
State approves average rate increase of nearly 10 percent for small-group carriers
The New York State Department of Financial Services (DFS) on July 31 announced an average health-insurance rate increase of 9.8 percent by insurance carriers in the small-group market. The DFS-approved rate increase was 32 percent below the insurance carriers’ average rate-increase request of more than 14 percent, DFS said. Overall, DFS cut insurers’
Pathfinder Q2 revenue jumps 13 percent, profit rises 2 percent
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company of Pathfinder Bank, this week reported that its second-quarter revenue rose 12.7 percent to $5.6
Community Bank Wealth Management opens Plattsburgh office
PLATTSBURGH, N.Y. — Community Bank Wealth Management Group, a subsidiary of Community Bank System, Inc. (NYSE: CBU), has opened a new location in Plattsburgh. The
Pinnacle Investments opens new office in Marcellus, hires Carlson as financial advisor
MARCELLUS, N.Y. — Pinnacle Investments, LLC, a Syracuse–based financial-services firm, announced it has opened a new office at 16 W. Main St. in the village
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.