Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Cuomo extends to April 15 requirement that 100 percent of non-essential employees work from home
ALBANY, N.Y. — Gov. Andrew Cuomo on Sunday extended the “New York on PAUSE” directive — mandating that companies have 100 percent of their non-essential
SBA Syracuse District director offers tips to small businesses on agency’s disaster loans
SYRACUSE, N.Y. — Bernard J. Paprocki, director of the U.S. Small Business Administration (SBA) Syracuse District Office, says the volume of calls and web traffic
DFS: Insurance firms must waive cost-sharing for in-network telehealth visits
New York insurance companies are now required to waive cost-sharing — including deductibles, copayments (copays), or coinsurance — for in-network telehealth visits. The New York State Department of Financial Services (DFS) on March 20 announced it adopted the new emergency regulation under New York Insurance Law. The new adopted emergency regulation follows Gov. Andrew Cuomo’s
What does insurance cover in the coronavirus crisis?
The coronavirus situation is on everyone’s mind. We are receiving calls asking, “How will my policy respond?” We know many more of you have similar questions. Here is a brief primer on how insurance will likely respond and what your organization can do to prepare. The two policies under primary consideration regarding a coronavirus outbreak are
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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.