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Lockheed Martin to pay Q3 dividend of $3 a share in late September
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a third-quarter, 2023 dividend of $3 per share. The dividend is payable on Sept. 22, to holders of record as of the close of business on Sept. 1. At Lockheed’s current stock price, the dividend yields about 2.6 percent on an annual basis. Lockheed […]
Wolfspeed secures financing for expansion efforts
MARCY, N.Y. — Silicon-carbide technology company Wolfspeed, Inc., (NYSE: WOLF) recently announced it has secured $1.25 billion in financing, with an accordion feature for up to an additional $750 million, from an investment group led by Apollo (NYSE: APO). The financing supports Wolfspeed’s efforts to ramp up production and expand as it works toward a
Operation Oswego County annual meeting outlines projects
OSWEGO, N.Y. — A pair of Oswego County economic-development organizations provided help for projects that resulted in the creation or retention of 1,495 jobs, with more than $447 million in capital investment associated with 38 new, expanded, or retained facilities. Austin Wheelock, executive director of Operation Oswego County (OOC), was speaking about OOC and the
5 teams selected for Medical Device Innovation Challenge
SYRACUSE, N.Y. — Upstate Medical University’s CNY Biotech Accelerator (CNYBAC) has selected five teams for its 2023 Medical Device Innovation Challenge (MDIC). The MDIC teams will participate in the Empire State Development (ESD) grant-supported program, which is now in its seventh year. The MDIC review committee, a select group of subject-matter experts, chooses the teams
Hotel operator donates $20K to Schuyler Health Foundation
WATKINS GLEN, N.Y. — Buffalo–based Hart Hotels, Inc. on June 14 donated $20,000 to the Schuyler Health Foundation as part of a volunteer reception held at the Watkins Glen Harbor Hotel, a Hart Hotels property. The donation represented a portion of the proceeds from the hotel’s popular “Fire and Ice” event in January, for which
Clearly Connected expands services at wellness center
WHITESBORO, N.Y. — Clearly Connected Life Coaching & Wellness Center recently welcomed two new providers to its location at 327 Oriskany Blvd. in Whitesboro. Jacquelyn Klossner now offers medical-based craniosacral therapy and Rene Ciaccia provides therapy services at Clearly Connected. “I am excited to welcome these two phenomenal providers to the wellness center in support
VIEWPOINT: Final New York WARN Regulations Issued
The New York State Department of Labor issued final regulations making certain changes and additions to long-existing regulations regarding the New York WARN Act. As we reported previously (www.bsk.com/news-events-videos/new-york-proposes-update-to-warn-act), the revisions update the regulations to conform to certain statutory changes, as well as provide clarification to other areas of the NY WARN law. The final
Area hospitals hope for employee return with end of vaccine mandate
In the wake of news that the state will no longer enforce the COVID-19 vaccine mandate for health-care workers as it works to repeal it, hospitals and health systems in our region are hopeful the news means relief to the chronic worker shortages they face. Those shortages, present before the pandemic began, only worsened as
Bassett, Hartwick partner on simulation lab for residents, nursing students
COOPERSTOWN, N.Y. — Bassett Healthcare Network and Hartwick College are launching joint simulation labs for first-year Bassett residents and nursing students. It marks the first time Bassett residents are partnering with Hartwick nursing students in simulation labs. A total of 23 first-year resident physicians from Bassett Medical Center graduate medical education programs will work with
Excellus names new CNY Regional Advisory Board members
SYRACUSE, N.Y. — Excellus BlueCross BlueShield, Central New York’s largest health insurer, recently announced it has named Michael C. Backus, Derrick L. Murry, and Dr. Robert Weisenthal to its Central New York Regional Advisory Board. Backus is president and CEO of Oswego Health. He advocates for health care in the region as he works with
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