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Elmira Savings Bank to pay quarterly dividend of 15 cents a share on March 12
ELMIRA, N.Y. — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a quarterly cash dividend of 15 cents a share on its common stock. The Elmira–based banking company will pay the dividend on March 12 to shareholders of record on March 4. Elmira Savings Bank, with $649 million in total assets, […]
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Northrop Grumman to pay quarterly dividend in mid-March
The board of directors of Northrop Grumman Corp. (NYSE: NOC) recently declared a quarterly dividend of $1.45 per share on the company’s common stock. The Falls Church, Virginia–based defense contractor, which has a facility in Rome, will pay the dividend on March 17. Shareholders of record as of the close of business on March 1
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New SUNY program seeks to help EOP students get into its medical schools
SYRACUSE, N.Y. — SUNY wants to help more of its educational opportunity program (EOP) students pursue degrees in its medical schools. EOP serves New York’s “disadvantaged students from underserved communities” and seeks to help them “gain access and succeed” in undergraduate programs. SUNY Chancellor Jim Malatras announced the pre-med opportunity program (Pre-OP) initiative during a
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New York closed, pending home sales jump in January
ALBANY, N.Y. — The hot residential-housing market in the state did not cool off in the first month of the new year, despite a lack of inventory. New York realtors sold 11,153 previously owned homes in January, up 16.7 percent from 9,557 homes sold in January 2020. And pending sales in January climbed nearly 23
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SBA makes five changes to PPP loan rollout
The U.S. Small Business Administration (SBA) on Feb. 24 started implementing the first of five changes to the Paycheck Protection Program (PPP) that the Biden-Harris Administration says will promote “equitable relief for America’s mom-and-pop businesses.” The PPP is a forgivable-loan initiative that seeks to help small companies survive the economic dislocations of the COVID-19 pandemic. The
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The February 2021 Zumper National Rent Report found the median rental price for most apartments in the Syracuse metro area was up just over 1 percent compared to the previous month, but up 5 percent from the year-prior month. The median rental price of one-bedroom apartments in the Syracuse region was $840 in the latest month, up
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Onondaga County hotel occupancy rate falls nearly 25 percent in January
SYRACUSE, N.Y. — Hotels in Onondaga County had significantly more vacancies in January than in the year-prior month, as the COVID-19 pandemic continued to stunt the hospitality business, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county fell 24.6 percent to 31.4 percent in
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Oneida County hotels post smallest occupancy drop since pandemic’s start
UTICA , N.Y. — Oneida County’s hotel occupancy rate (rooms sold as a percentage of rooms available) in the county fell 14 percent to 35.8 percent in January, compared to a year prior, according to STR, a Tennessee–based hotel market data and analytics company. The decline was the smallest since the COVID-19 pandemic started last
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Schumer, Gillibrand introduce bill to strengthen unions
New York’s U.S. senators announced they have reintroduced the protecting the Right to Organize (PRO) Act, a measure that would strengthen workers’ rights to organize and bargain for fairer wages, better benefits, and safer workplaces. The pro-union legislation would “bolster” workers’ rights and address the “income inequality crisis that has been exacerbated” by the pandemic, U.S. Senate
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New York sweet-corn production declined 17 percent in 2020
New York farms produced an estimated 288 million pounds of sweet corn in 2020, down 17 percent from the 2019 estimate, according to a USDA National Agricultural Statistics Service (NASS) 2020 vegetable production-summary report issued on Feb. 12. The average yield per acre was estimated at 11,500 pounds last year, almost 12 percent below the 2019 average
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