Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Cayuga County Chamber rolls out two initiatives to help business owners
AUBURN –– The Cayuga County Chamber of Commerce, founded 104 years ago, recently announced the launch of two new projects aimed at helping small-business owners. The Cayuga and Seneca Counties Community Profile project has created a web-based tool that brings together accessible sources of 70 different statistical indicators that would measure important community indicators, such […]
Hiscock & Barclay launches new practice group
SYRACUSE — Law firm Hiscock & Barclay, LLP of Syracuse is forming a new practice area aimed at work in white-collar criminal defense and government investigations. Daniel French, a former U.S. attorney, and his partner, Lee Alcott, have both joined Hiscock as of counsel. French will co-chair the new group with Gabriel Nugent, a current
Make-A-Wish of CNY reaches 1,300 wishes
EAST SYRACUSE — The Make-A-Wish Foundation of Central New York celebrated a landmark year in 2011 with its 1,300th wish since its inception in 1985. The foundation fulfilled 50 wishes last year and is on track to grant 80 wishes this year with a budget of $1.4 million. Still, the organization knows it’s not reaching
DeWITT — After acquiring Sensis Corp. in August, Saab made its new subsidiary the global head of its aviation business. Two Saab units in Sweden now report through Sensis, and the DeWitt–based company is also responsible for Saab’s North American radar business. Those actions should be a good indicator of Saab’s intentions, Sensis President and
Survey: U.S. workers’ confidence about retirement savings rose in 2011
U.S. workers are becoming more confident that they will have enough money to retire comfortably, but know they still have work to do, according to a recently released survey from Towers Watson, a global employee-benefits consulting firm. In 2011, 68 percent of survey respondents reported they were very or somewhat confident they will have enough
Managed care: “of the people, by the people, and for the people”?
Listen carefully, quiet, shh … did you hear? New York State is approaching bankruptcy. And Gov. Cuomo, with the cooperation of the state Senate, the Assembly and every New York State resident is attempting to avert a Greece-like collapse of the state’s credit status and governmental system of providing necessary services in a fiscally responsible
Oneida Financial’s quarterly, annual earnings rise
ONEIDA — Earnings rose in the fourth quarter and for all of 2011 at Oneida Financial Corp. (NASDAQ: ONFC) as interest income and non-interest income both increased and credit quality improved. Oneida Financial, the parent company for the Oneida Savings Bank, reported fourth-quarter net income of $1.7 million, or 24 cents per share, up from $1.5
NBT profit dips in 4th quarter, but annual net income rises
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) closed out 2011 with the second-highest annual earnings in the company’s history, but saw its earnings slip in the fourth quarter. For the fourth quarter of 2011, NBT reported net income of $13.7 million, or 41 cents per share, down 4.9 percent from $14.4 million, or 42 cents,
U.S. Green Building Council head to attend Hotel Skyler LEED ceremony
SYRACUSE — The head of the U.S. Green Building Council will be on hand in mid-February to help recognize Hotel Skyler for its green design and construction. S. Richard Fedrizzi, the founding chair of the Washington, D.C.–based Green Building Council and the organization’s president and CEO, will help honor Hotel Skyler for receiving the council’s
Upstate consumer confidence continues to climb in January
Consumers in upstate New York became more willing to spend for the third straight month in January, expressing higher current confidence despite unchanged hopes for the future. The overall consumer-confidence index in upstate New York rose 3.1 points in January to 69.5, according to a monthly survey from the Siena (College) Research Institute (SRI). Current
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.