Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
New York State launches $100 million small-business loan fund
NEW YORK, N.Y. — Gov. Andrew M. Cuomo on Friday announced a new $100 million working-capital loan program for small businesses and nonprofits that did
Denny’s franchisee closes Central New York restaurants
The local franchisee of Denny’s (NASDAQ: DENN), a diner-style restaurant chain, is closing several restaurants in the Syracuse area, Watertown, and the Southern Tier permanently,
Mohawk Valley COVID-19 Fund shifts from relief to recovery
UTICA, N.Y. — The Mohawk Valley COVID-19 Response Fund will begin to shift its focus from relieving the community’s immediate needs to addressing “longer-term recovery.”
SKY Armory plans to reopen for wedding receptions by mid-July
SYRACUSE, N.Y. — SKY Armory, an event venue located in downtown Syracuse, on Thursday said it has a reopen plan template to host wedding receptions
CNYBJ Reader Survey: Majority believe New York State reopening at appropriate pace
Most do not expect full economic recovery in CNY until 2021 or later SYRACUSE — New York State is moving at “an appropriate pace” to lift NY PAUSE restrictions and reopen the economy, according to a majority (58 percent) of CNYBJ readers responding to an online survey. The Central New York Business Journal COVID-19 Business
Report: 84 percent of hotels have laid off or furloughed workers due to the ongoing COVID-19 crisis
A new report from the American Hotel & Lodging Association (AHLA) indicates that 84 percent of hotels said they have laid off or furloughed workers due to the coronavirus pandemic and the resulting “historic” drop in travel demand. Only 37 percent of hotels indicated they have been able to rehire employees through economic-relief measures like
Utica mayor to use voluntary furloughs, early retirements to bridge revenue shortfall in city budget
UTICA, N.Y. — Voluntary furloughs, an early retirement incentive, and a hiring freeze are among the actions that Utica Mayor Robert Palmieri is taking to
Bassett Healthcare Network names new president and CEO
COOPERSTOWN, N.Y. — Bassett Healthcare Network has announced a new president and CEO. Dr. Tommy Ibrahim is expected to begin his tenure in this role
Syracuse University announces Aug. 24 start date for fall semester on-campus instruction
SYRACUSE, N.Y. — Syracuse University announced that on-campus instruction for its fall semester will begin Aug. 24. The school is also planning to follow an
Le Moyne plans staff furloughs amid expected revenue loss of up to $24 million due to COVID-19
SYRACUSE, N.Y. — Le Moyne College is expecting revenue losses of between $12 million and $24 million in the coming year because of the impact
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.