Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
State Common Retirement Fund returns 3.5 percent in latest quarter
The New York State Common Retirement Fund generated an overall return of 3.51 percent for the three-month period ending Sept. 30, 2016, the second quarter of the state’s fiscal year 2016-2017. That’s according to a news release from New York State Comptroller Thomas P. DiNapoli. The fund ended the period with an estimated value of […]
An overview of specialty drugs & their impact on your pharmacy-benefit plan
Specialty drugs are high-cost prescription medications typically used to treat chronic conditions. Most often, they require specialty handling and administration by the dispensing pharmacy and prescribing physician. At a glanceComplex Large Molecules and Biologic Drugs Biology-based molecules that structurally mimic compounds found within the body. High Cost per Prescription Average cost of $3,000 per month.
SRC board of trustees names new chair, elects new member
CICERO, N.Y. — The SRC board of trustees has named long time member Donald Kerrick as its new chairperson. Kerrick, a retired lieutenant general in
SUNY Oswego president becomes chair of American Association of State Colleges
OSWEGO, N.Y. — Deborah F. Stanley, president of SUNY Oswego, assumed the chair of the American Association of State Colleges and Universities’ (AASCU) board of
People news: Citizens Bank executive named to Clarkson University board
POTSDAM, N.Y. — Lauretta M. Chrys, executive VP and head of strategic onboarding for the Consumer Banking Division at Citizens Bank, has been elected to
Construction begins on 1886 Malt House in Volney
VOLNEY, N.Y. — Construction is underway on the 1886 Malt House, a $9.1 million, malted-grain production facility at the former Miller Brewing campus in Volney, near
Mohawk Valley Health System reduces proposed hospital size, cost
UTICA, N.Y. — Mohawk Valley Health System (MVHS) has decided to pursue a smaller hospital with a reduced cost compared to the original proposal. The
SUNY trustees appoint Sammakia as SUNY Poly interim president
The State University of New York (SUNY) board of trustees has appointed Bahgat Sammakia as the interim president of SUNY Polytechnic Institute, which has campuses
New York’s weekly jobless claims decline again in latest week
The number of people filing first-time applications for unemployment benefits in New York state dipped 4 percent to 15,159 in the week ending Oct. 29
People news: Dermody, Burke & Brown names senior managers
SYRACUSE, N.Y. — Dermody, Burke & Brown, CPAs, LLC announced it has named Tina D’Agata and Thomas Palmer as senior managers. D’Agata works in the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.