Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Lockheed Martin announces 300 layoffs companywide
SALINA — Defense contractor Lockheed Martin Corp. (NYSE: LMT) today announced it is cutting 300 jobs in its Mission Systems and Training business in the
Elmira’s Chemung Canal to acquire six Bank of America branches in CNY
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) today announced that its banking subsidiary, Chemung Canal Trust Co., has agreed to buy six Bank of America
St. Joseph’s Hospital to join No. 2 Catholic health-care system in U.S.
SYRACUSE — St. Joseph’s Hospital Health Center announced it has agreed to join the second-largest Catholic health-care system in the country, as it seeks to
Planned job cuts rise 8 percent in June compared to May, Challenger report says
U.S. employers announced workforce reductions totaling 39,372 jobs in June, up 8.2 percent from 36,398 job cuts in May and almost 5 percent higher than
TI Fishing Charters casts an alternative corporate outing
CLAY — Patrick (PJ) Tucci has a message to business and nonprofit managers planning a corporate outing for employees or clients or setting up a
New York initial unemployment claims rise by almost 7 percent
The number of people applying for new unemployment-insurance benefits in New York state in the week ending June 8, increased by 1,341, or 6.6 percent,
Tinney appointed as Tioga County director of economic development and planning
OWEGO — The Tioga County Legislature has named LeeAnn Tinney the county’s new director of economic development and planning. For the last 15 years, Tinney
New York initial unemployment claims rise, continuing claims fall
The number of people applying for new unemployment-insurance benefits in New York state in the week ending June 1, jumped by 1,001, or 5 percent,
May jobs report shows mixed economic picture
U.S. employers added 175,000 jobs to their payrolls in May, the U.S. Bureau of Labor Statistics (BLS) reported Friday. That beat economists’ average estimates
The New York Environmental Facilities Corp. (EFC) board of directors has approved a three-year, $7.3 million loan to the city of Oswego to upgrade equipment