Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Comptroller: Recovery seems to be weakening in New York
New York state’s economic recovery may be slowing, according to a report released this morning by Comptroller Thomas DiNapoli. The state lost 11,200 private-sector jobs
Tompkins Financial plans Pa. acquisition
ITHACA — A Ithaca–based banking company is expanding into Pennsylvania with an acquisition. Tompkins Financial Corp. (NYSE Amex: TMP) announced plans today to acquire VIST
Unemployment rates inched up a bit across the region in December, according to figures released today by the state Labor Department. In Binghamton, the rate
Employers start implementing state’s wage-notification law
Under the new state Wage Theft protection Act (WTPA), employers across New York have from Jan. 1 to Feb. 1 to deliver wage notices to all their employees. “It’s not a new requirement,” says Lesley Frey, director of human resources at Binghamton–based Columbian Financial Group, which has a Syracuse–area office. Rather, it’s an expansion (voted into
CareerBuilder Survey: temporary and contract hiring to increase in 2012
About 36 percent of American businesses will hire contract or temporary workers in 2012, up from 34 percent in 2011, 30 percent in 2010, and 28 percent in 2009, a new national survey finds. Of the companies hiring temporary or contract workers this year, 35 percent have plans to hire them on a permanent basis.
Insurers settle with A.G. over online in-network lists
Eight health insurers have agreed to maintain accurate provider directories on their websites as part of a settlement with the state attorney general’s office. The
Businesses expect growth in 2012, but uncertainty remains
SYRACUSE — Although employment in the region is up 1 percent, businesses remain uncertain about the future and legislative, regulatory, and policy issues still dominate
Gallagher Benefit Services wants to expand in Syracuse
SALINA — The head of a national employee-benefits consulting firm’s Syracuse–area office wants to expand the company’s reach in the region over the next several
Staffing firms are upbeat about CNY job market in 2012
Central New York seems poised for strong job-placement market in 2012, according to officials from a pair of major staffing firms operating in the area. “I think we’re getting stronger,” says Peter DeBottis, branch manager at Manpower’s Syracuse office. “The local companies are talking to us more about their needs.” Manpower is a division of the Milwaukee–based
Study: 401(k) investors seek more balanced portfolios
Participants in 401(k) plans are using balanced approach in their portfolios rather than completely shunning stocks to avoid the turmoil of up-and-down markets, according to a recent national report. The report, released jointly by the Employee Benefit Research Institute (EBRI) and Investment Company Institute (ICI) in December, defined equities as including equity funds, company stock, and
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.