Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Labor-law changes have been plentiful in 2023
BINGHAMTON — As 2023 heads into the fourth quarter, it’s time for employers to make sure they are up to date on pending and proposed labor-law changes for the new year, one area labor attorney advises. One such proposal is a proposed rule by the Federal Trade Commission (FTC) to ban noncompete clauses, says Dawn […]
Proposed FABRIC Act seeks to boost garment-workers’ rights
U.S. Senator Kirsten Gillibrand (D–N.Y.) on Sept. 14 announced the re-introduction of her labor bill, the Fashioning Accountability and Building Real Institutional Change (FABRIC) Act. The FABRIC Act would protect nearly 100,000 American garment workers and help “revitalize” the garment industry in the U.S. by improving working conditions and reforming the piece-rate pay scale, Gillibrand’s
VIEWPOINT: New NYS Labor Law Shines Light on Employee-Driven Innovation
On Sept. 15, 2023, New York State Gov. Kathy Hochul signed an amendment to a New York Labor Law that would invalidate certain intellectual-property provisions in employment agreements, effective immediately. Under this amendment, Section 203-f, any provision in an employment agreement that requires employees to assign the rights to inventions to their employer will now
Tenney pushes bill to help tiny firms to offer retirement plans
It’s a proposal to incentivize micro-businesses with fewer than 10 employees to adopt retirement plans, helping more workers save for retirement. U.S. Representative Claudia Tenney (R–Canandaigua) on Oct. 23 introduced the Retirement Investment in Small Employers Act (RISE Act), along with Rep. Dan Kildee (D–MI). Background As Tenney’s office explained it, the SECURE 2.0 Act
Ask Rusty: About Federal Taxation of Social Security Benefits
Dear Rusty: Why are my Social Security benefits being taxed at all? The Social Security FICA payroll taxes taken out of my paycheck while I was working were paid with taxable income. Signed: Disgruntled Taxpayer Dear Disgruntled Taxpayer: Many Americans share your belief that federal taxation of Social Security benefits is unfair because we pay
Syracuse accounting firm FustCharles opens new office in Rochester area
ROCHESTER, N.Y. — Syracuse–based accounting and advisory firm FustCharles announced it has opened a new office in the Rochester area. The decision to open the
People news: Upstate Medical names assistant VP for internal audit and enterprise risk management
SYRACUSE, N.Y. — William G. Veit has been named assistant VP for internal audit and enterprise risk management at Upstate Medical University. He also serves
Hamilton College event on Nov. 1 focuses on nation’s energy system
CLINTON, N.Y. — Hamilton College’s Common Ground series presents “The U.S. Energy System” on Wednesday, Nov. 1 at 7:30 p.m. in the college’s chapel. American
Binghamton wins federal tech hub designation for battery research, manufacturing
VESTAL, N.Y. — Binghamton University’s New Energy New York (NENY) project has secured a federal tech hub designation, which was created in the CHIPS &
State awards funding to 36 upstate New York airports for improvement projects
SYRACUSE, N.Y. — Airports serving Syracuse, Rome, Oswego, Ithaca, Watertown, Elmira, and Binghamton are among 36 public-use airports across New York state awarded state funding
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.