Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Lockheed Martin to acquire Sikorsky for $9 billion
Lockheed Martin Corp. (NYSE: LMT) has agreed to acquire United Technology Corp.’s Sikorsky Aircraft Corp. for $9 billion. That price is “effectively reduced” to about
Syracuse University Chancellor appoints chief of staff
SYRACUSE, N.Y. — Syracuse University Chancellor Kent Syverud has appointed Candace Campbell Jackson as vice president and chief of staff. Jackson will begin her new
MVCC to expand shuttle service to Rome campus
UTICA, N.Y. — Mohawk Valley Community College (MVCC) will expand shuttle service to its Rome campus this fall. MVCC plans to expand the service from
New York manufacturing index bounces back in July
Manufacturing activity in the Empire State improved this month, as a key industry benchmark rebounded into positive territory. The Empire State Manufacturing Survey general business-conditions index rose nearly 6 points to 3.9 in July from -2.0 in June, the Federal Reserve Bank of New York reported July 15. That beat economists’ expectations of a
Delmonico Insurance Agency to move to new HQ, add employees
SYRACUSE — The Delmonico Insurance Agency, an independent, family-owned firm, plans to move to a larger office this fall. The agency is also interviewing to add staff even before the move. The employee growth will include hiring for positions that include entry-level customer support and advance account manager. “With the growth of
New York posts second-largest rise in jobless claims in latest week
New York reported the second-biggest increase in jobless claims of all 50 states in the latest week, according to a U.S. Department of Labor news
First Niagara hires former HSBC executive to lead commercial card and payments unit
BUFFALO, N.Y. — First Niagara Financial Group, Inc. (NASDAQ: FNFG) on Wednesday announced that Peggy Yankovich has joined its treasury management group to lead its
NYS Labor Department: CNY job growth mixed in the last year
The Syracuse, Utica–Rome, and Ithaca regions gained jobs between June 2014 and this past June. At the same time, the Binghamton and Watertown-Fort Drum regions
U.S. Navy awards Lockheed Martin a contract modification worth nearly $154M
SALINA, N.Y. — The U.S. Navy has awarded Lockheed Martin Corp. (NYSE: LMT) a nearly $154 million modification to a previously awarded contract for block
Syracuse business owner accused of failing to pay sales taxes
SYRACUSE, N.Y. — The owner of Rob’s Cycle Supply Inc. of Syracuse is accused of failing to pay more than $37,000 in sales taxes to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.