Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Gillibrand proposes bill to create paid family and medical leave
UTICA — A proposed federal law would establish a national paid, family and medical-leave insurance program. U.S. Senator Kirsten Gillibrand (D–N.Y.) announced the proposal for
Elmira Savings Bank adds Arnot Health CEO to its board
ELMIRA — Elmira Savings Bank (NASDAQ: ESBK) has elected Robert K. Lambert, M.D., to its board of directors. Lambert is president and CEO of the Arnot
First Niagara announces changes to executive-leadership team
BUFFALO — First Niagara Financial Group (NASDAQ: FNFG) today announced changes to the banking company’s executive leadership team, including the elimination of one position, a search to fill another post, and two promotions. The Buffalo–based banking company, which is the parent of First Niagara Bank, has promoted Inder Koul to executive vice president and chief
Matthews Auto Group expands into Pennsylvania
VESTAL — On Nov. 11, Matthews Auto Group, Inc. opened its sixth location at 3512 Birney Ave. in Moosic, Pa., about six miles south of Scranton. The dealership features “Planet PreOwned,” a trademark of Matthews Auto Group for its used cars. Moosic is the third used-car location for Matthews, in addition to the firm’s Norwich
Cuomo plan to provide more than $2 billion in tax relief
New York Gov. Andrew Cuomo on Jan. 6 announced details of a more than $2 billion tax-relief proposal he says is designed to increase economic opportunity and attract and grow businesses across the state. Cuomo’s office is citing “responsible fiscal management in state government” as the reason why New York has gone from a $10
Attorney discusses HR challenges with health law’s employer mandate
SYRACUSE — The employer mandate in the Patient Protection and Affordable Care Act (the national health-care reform law) takes effect in just over 11 months, and human-resources (HR) professionals should make certain they have an accurate figure on their company’s employee count. That’s the recommendation from Christian Jones, a labor-law attorney with Mackenzie Hughes, LLP
Amendment to state labor law affects severance packages
SYRACUSE — An amendment to New York’s Labor Law that took effect on Jan. 1 could affect how terminated employees negotiate severance packages. Under the amendment, New York workers who are terminated could become ineligible for unemployment insurance (UI) for a time, if they accept an immediate severance package from their employers. Under the new
Schneiderman announces $2.5 million settlement with HCR Home Care
ROCHESTER — New York Attorney General Eric Schneiderman on Thursday announced a $2.5 million settlement with Rochester–based Home Care of Rochester (HCR), resolving an investigation
St. Elizabeth, Faxton St. Luke’s get grants for affiliation process
UTICA — St. Elizabeth Medical Center (SEMC) and Faxton St. Luke’s Healthcare (FSLH) will use separate $50,000 grants to help pay for legal and consultant
Elmira Savings Bank finishes paying back the federal government
ELMIRA — Elmira Savings Bank (NASDAQ: ESBK) announced this week it has repaid the final $3.5 million segment of the $14 million it received from
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.