Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Stanley designated president emeritus of SUNY Oswego
OSWEGO, N.Y. — The former president of SUNY Oswego now holds the title of president emeritus of the school. The SUNY board adopted a resolution acknowledging Stanley as president emeritus of SUNY Oswego during its Dec. 13 meeting in Albany. Stanley, who retired as president of SUNY Oswego nearly a year ago, has been serving […]
Binghamton University awarded $60M to construct lecture hall, classroom building
VESTAL, N.Y. — The State University of New York Construction Fund (SUCF) has awarded Binghamton University $60 million for the design and construction of a new lecture hall and classroom facility on campus. The building will not replace the current lecture hall but will add to lecture and classroom space on campus, the school said
New York home sales keep falling in November
ALBANY, N.Y. — New York realtors sold 10,101 previously owned homes in November, down 23 percent from the 13,120 homes sold a year ago, continuing a string of closed home-sales declines in recent months amid tight inventory and higher interest rates. Pending sales in November also fell more than 22 percent, foreshadowing further drops in
SUNY Morrisville dairy teaches while operating like a business
MORRISVILLE, N.Y. — The SUNY Morrisville dairy facility recently received a 2022 Progressive Genetics Herd Award by Holstein Association USA, Inc. The award recognizes SUNY Morrisville’s accomplishments in breeding a Holstein herd that has achieved high standards of genetic merit, the college said in a news release. It marks the 6th consecutive year the dairy
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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.