Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Spotlighting the SBA THRIVE program’s 2022 graduates
SYRACUSE, N.Y. — The nine graduates of this year’s SBA THRIVE program in the upstate New York district include small-business owners from Syracuse, Munnsville, Endwell, and Cooperstown. The U.S. Small Business Administration’s (SBA) THRIVE program seeks to help small businesses grow nationwide. THRIVE, a free national training program, is short for train, hope, rise, innovate, […]
New year brings new pay-transparency law, minimum wage
The first thing employers should do, if they haven’t done so already, is make sure their employee handbook is up-to-date and includes anything new required under law, says Michael Sciotti, a partner with Barclay Damon LLP in Syracuse. His law practice includes defending employers, business owners, and company managers in all types of discrimination, harassment,
State law sets insurer-coverage requirements for hate crimes
A new state law prohibits insurance companies from canceling insurance, raising premiums, refusing to issue a policy, or declining to renew a policy solely on the basis that one or more claims have been made for a loss that is a result of a hate crime, New York Gov. Kathy Hochul recently announced. The new law will
Syracuse Chancellor Syverud’s contract extended to 2026
SYRACUSE, N.Y. — The contract for Syracuse University Chancellor Kent Syverud now extends to 2026. The Dec. 20 announcement from the Syracuse board of trustees follows a review of the chancellor’s performance, leadership, and “vision for the future of Syracuse University,” according to a university news release. As part of that review, the board collected
Lockheed wins $302M Navy contract
SALINA, N.Y. — Lockheed Martin Corp., Rotary and Mission Systems was recently awarded a $302.2 million U.S. Navy contract. The cost-plus-incentive-fee, firm-fixed-price, cost-plus-fixed-fee, and cost-only “undefinitized” pact is for the proof of manufacture, production, spares, production-support material, and engineering support for components related to the MK 48 heavyweight torpedo all up round. That’s according to
State increases minimum wage for upstate New Yorkers
Workers outside of New York City, Long Island, and Westchester County received a $1 per hour increase in their minimum wage from $13.20 to $14.20 on Dec. 31. The increase was part of the state’s minimum hourly wage phase-in for upstate counties, the office of Gov. Kathy Hochul announced Dec. 21. It follows a “statutorily
AAA announces new director of branch operations
AAA Western and Central New York has promoted Josie Nicotra to director of branch operations. Over the past eight years, she has held several management roles with AAA, including manager of the Amherst and the Orchard Park travel and insurance centers, the AAA said in a Dec. 5 announcement. In her new role, Nicotra will oversee
OPINION: Approved Environmental Roadmap Puts NYS on a Problematic Path
As required by the 2019 Climate Leadership and Community Protection Act (CLCPA), the Climate Action Council (CAC) [on Dec. 19] approved a framework for reducing carbon emissions in New York state. As expected, the final scoping plan raised a number of red flags regarding energy grid reliability, costs and feasibility, and does not fully take
OPINION: German Leadership is Welcome
Russia’s invasion of Ukraine has created foreign-policy challenges for the United States. That’s even more true across the Atlantic, where the war has driven up inflation, worsened energy shortages, made refugees of millions of Ukrainians, and unsettled the nations of Eastern Europe. There is a tremendous need for European leadership to deter Vladimir Putin’s aggression,
LESTER S. BURT, CPA has been promoted to principal in the Audit & Accounting Department at Dermody, Burke & Brown, CPAs, LLC. He has more than 14 years of experience in public accounting. His areas of practice include family-owned businesses, consulting, construction contracting, manufacturing, and retirement plans. Burt received a bachelor’s degree in accounting from
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.