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DiNapoli audit details problems with state UI system
ALBANY, N.Y. — The New York State Department of Labor’s (DOL) “failure to replace its long-troubled” unemployment-insurance (UI) system and ad-hoc workarounds to compensate for the old system “weakened” oversight and “ultimately contributed to an estimated billions of dollars in improper payments” during the COVID-19 pandemic. That’s according to an audit that New York State Comptroller […]
Brown & Brown pays 12 percent higher dividend in Q4
Brown & Brown, Inc. (NYSE:BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently paid a regular quarterly cash dividend of 11.5 cents per share for the fourth quarter. The dividend was 12.2 percent higher than Brown & Brown’s prior regular quarterly cash dividend of 10.25 cents a share. It’s the 29th straight annual
New York Health Plan Association names VP of government affairs
ALBANY, N.Y. — The New York Health Plan Association (HPA) announced that it has recently promoted Ashley Stuart to VP of government affairs. Stuart joined HPA in 2019 as director of government affairs and since then has acted as “a vital liaison” with state lawmakers and their staffs, members of the governor’s administration, and other
Syracuse Stage program gets boost from M&T Bank donation
SYRACUSE, N.Y. — Syracuse Stage plans to use a $20,000 grant from M&T Bank (NYSE: MTB) to substantially increase the number of pay-what-you-will performances for each show remaining in its 2022-23 season. The funding will allow the organization to provide more opportunities for Central New Yorkers to see live theatre. Syracuse Stage will also use
Syracuse Jazz Fest seeking $650K in funding to stage 2023 event
SYRACUSE, N.Y. — Private and public-sector funding totaling $650,000 is what the executive producer of Syracuse Jazz Fest says the organization is currently pursuing for the 2023 event. The music festival returned last June following a five-year hiatus. “The cost of mounting a world class, non-ticketed festival — one that remains free of charge for
Funding for NYS foods offers local farmers’ opportunities
The New York State Department of Agriculture and Markets recently announced $25.8 million in funding for the New York Food for New York Families Program. The money, which come from the U.S. Department of Agriculture (USDA), not only provides a boost to New York’s farmers, but also increases communities’ access to local foods and will
Community Bank System to pay Q4 dividend of 44 cents a share in January
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — announced that it has declared a cash dividend of 44 cents per share on its common stock for the fourth quarter. The dividend will be payable on Jan. 10, to shareholders of record as of Dec. 15. The
sfcu selects Cicero site for branch to serve Syracuse–area market
CICERO, N.Y. — Sidney Federal Credit Union (sfcu) announced it has chosen 8062 Brewerton Road in Cicero as the location of its planned flagship Syracuse–area
SBA approved more than $200M in traditional loans for upstate small businesses in FY22
The upstate New York district of the U.S. Small Business Administration (SBA) on Nov. 2 announced it approved more than $200 million in 524 traditional loans for small businesses in 34 counties across upstate New York during federal fiscal year 2022 (FY22). The figures represent a year-over-year increase of 52 traditional loans from FY2021. The
Syracuse Stage to use M&T Bank donation for pay-what-you-will program
SYRACUSE, N.Y. — Syracuse Stage says it will use a $20,000 grant from M&T Bank (NYSE: MTB) to provide “more opportunities” for Central New Yorkers
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