Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Report: Private-sector workplace injuries in N.Y. lower than national average
Private-industry employers in New York state reported more than 140,000 nonfatal workplace injuries and illnesses in 2018, for an incidence rate of 2.2 cases per 100 full-time equivalent (FTE) workers, according to the latest available figures released by the U.S. Bureau of Labor Statistics (BLS). The BLS report, issued in January, noted that “New York […]
New York’s labor-union membership drops, but still among highest in nation
In 2019, 1.7 million wage and salary workers in New York state were union members, according to figures released by the U.S. Bureau of Labor Statistics (BLS) in February. That’s a decline from 1.9 million union members in 2018. The percentage of the state’s wage and salary workers in a union dropped from 22.3 percent in
How Onondaga County’s bridge-loan program for SBA emergency loan applicants will work
(Updated 3/24 at 6:10 p.m.) SYRACUSE, N.Y. — The Onondaga County Office of Economic Development has created a temporary bridge-loan program to assist businesses in
How Syracuse’s loan program for small businesses seeking COVID-19 relief will work
SYRACUSE, N.Y. — Small businesses in the city of Syracuse that have been impacted by the coronavirus pandemic can now apply for emergency loans through
Cuomo mandates that non-essential businesses keep 100 percent of their workforce home
(Updated on 3/20 at 5:00 p.m.) ALBANY, N.Y. — After the number of coronavirus (COVID-19) cases in New York state again soared overnight, Gov. Andrew
State directs banks to provide mortgage-payment relief to borrowers
Not long after the governor’s morning announcement, Norwich–based NBT Bank (NASDAQ: NBTB) announced its plans to institute coronavirus-related policies. NBT Bank announced it has temporarily
Coronavirus update: BHG tells most employees to work remotely until further notice
SYRACUSE, N.Y. — Bankers Healthcare Group (BHG) is having most of its employees work from home “until further notice.” BHG — which is headquartered in
Excellus awards North Country hospitals funding for improvements
Excellus BlueCross BlueShield announced it has awarded three North Country hospitals and five in the Utica–Rome area a total of $1 million in quality improvement incentive payments in 2019. They’re among 36 upstate New York hospitals and health centers that were awarded nearly $30 million in the nonprofit health insurer’s hospital-performance incentive program. Eight hospitals
Excellus’ net income rose 14 percent in 2019 to $171 million
ROCHESTER, N.Y. — Excellus BlueCross BlueShield, Central New York’s largest health insurer, reported net income of nearly $171 million, on $6 billion in premium revenue,
NYBDC, affiliates rebrand as Pursuit
ALBANY, N.Y. — New York Business Development Corporation (NYBDC), along with affiliates Excelsior Growth Fund and the 504 Company, say they’ve rebranded as Pursuit. As
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.