Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Cuomo: change in fuel-tax law will improve cash flow for petroleum distributors
Gov. Andrew Cuomo has announced a change in state tax law he says will benefit small-business operators selling heating oil and certain highway diesel-motor fuels.
Federal government runs a $98 billion deficit in July
The federal government ran a nearly $98 billion budget deficit in July, the U.S. Treasury Department reported Tuesday. Spending totaled $298 billion while tax receipts
First Niagara to pay former CEO Koelmel a severance of at least $3 million
First Niagara Financial Corp. (NASDAQ: FNFG) will pay former president and CEO John Koelmel a severance package of at least $3 million. The figure is
New York AG sues out-of-state firms for charging ‘exorbitant’ interest rates on Internet loans
New York Attorney General Eric Schneiderman on Monday announced that his office filed a lawsuit against two out-of-state companies for violating New York’s usury and
Schumer expresses support for preserving helicopter contracts at Lockheed’s Owego site
OWEGO — U.S. Senator Charles Schumer (D–NY) today offered his support for planned defense contracts between the Lockheed Martin-Sikorsky team and the U.S. military.
ESD cites tax credit for increase in post-production hiring in New York
A year after a “strengthened” post-production tax credit went into effect, new data indicates the tax incentive has led to an increase of, on average,
Rural/Metro files for Chapter 11 bankruptcy protection, local service to continue
SYRACUSE — Rural/Metro Corporation, a national provider of ambulance and fire-protection services for 700 communities, including several in Central New York, on Sunday announced it
Shulman joins Gilberti firm after exiting Scolaro firm
SYRACUSE — Attorney Barry Shulman, the former president and CEO of Scolaro Shulman Cohen Fetter & Burstein, P.C. in Syracuse, has joined the Syracuse law firm of Gilberti Stinziano Heintz & Smith, P.C. He is serving of counsel with the Gilberti firm and isn’t part of the firm’s governance, he says. “I joined
Federal government awards Syracuse Hancock Airport a second grant for new apron, taxiway
The federal government has awarded Syracuse Hancock International Airport a grant of nearly $4.5 million, U.S. Rep. Daniel Maffei (D–DeWitt) and Syracuse Mayor Stephanie Miner
Cuomo signs Gaming act, voters to have final say in November
Gov. Andrew Cuomo on Tuesday signed the Upstate NY Gaming Economic Development Act, a new law that is subject to a voter referendum in November.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.