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State comptroller report: Value of IDA projects increased 10 percent in 2021 to $126 billion
ALBANY, N.Y. — New York state’s 107 local industrial development authorities (IDAs) reported 4,324 active projects with an aggregate value of $126 billion in 2021, a 10.4 percent, or $11.9 billion, increase from 2020. That’s according to a report issued by New York State Comptroller Thomas P. DiNapoli on April 11. The number of IDA […]
Micron official calls upcoming Clay semiconductor campus “big bet” for company, region
April Arnzen, chief people officer at the Boise, Idaho–based Micron Technology Inc. (NASDAQ: MU), on Wednesday spoke to area business leaders at CenterState CEO’s annual
Micron Technology to pay $85K to resolve claim of immigration-related employment discrimination
Micron Technology Inc. will pay $85,000 in a settlement with the U.S. Department of Justice over a claim of immigration-related employment discrimination. The agreement resolves
Grants boost North Country workforce development programs
WATERTOWN, N.Y. — The Jefferson Economic Development Fund of the Northern New York Community Foundation is providing grant funding for both Jefferson-Lewis BOCES and the Clayton Local Development Corp. to help strengthen career and workforce development in the region. The Clayton Local Development Corporation will use a $3,000 grant award for a one-time study of
Brown & Brown appoints Mathis as chief legal officer
Brown & Brown, Inc. (NYSE:BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently announced it has appointed Robert Mathis as its chief legal officer. Mathis will also serve on the senior leadership team of the national insurance-brokerage firm. Before joining Brown & Brown, Mathis served as a senior VP for KBR, Inc.,
Onondaga County Bar Association announces new officers, board members
SYRACUSE, N.Y. — The Onondaga County Bar Association (OCBA) has announced new officers for the 2023-24 program year. OCBA also installed new board members during
Students no longer need to get a COVID vaccine to attend a SUNY school
ALBANY, N.Y. — Beginning with summer courses this year, SUNY will no longer require a COVID-19 vaccine for students to attend its 64 campuses. The decision coincides with U.S. President Joe Biden signing a federal bill on April 10 declaring the official end of the national public-health emergency associated with the pandemic. Moving forward, COVID-19
Utica Fire Department receives $2.1M to add firefighters
UTICA, N.Y. — The City of Utica has received more than $2.1 million in federal funding to hire up to eight new firefighters, U.S. Senators Charles E. Schumer (D–N.Y.) and Kirsten Gillibrand (D–N.Y.) announced. The funding was allocated through the Department of Homeland Security’s Federal Emergency Management Agency’s Staffing for Adequate Fire and Emergency Response
Succession planning leads to smoother ownership transitions
“Any business who looks out and says in 5 to 10 years, I don’t want to do this anymore,” should start succession planning now, says Richard Scrimale, chair of the business department and succession planning counsel at Hancock Estabrook, LLP in Syracuse. Succession planning, in its most basic terms, is how a business will transition
VIEWPOINT: Planning a Benevolent Business Exit
If you’re a business owner, at some point you may begin thinking about an exit strategy. Sometimes that strategy presents itself in the form of an unplanned, unsolicited buyer. Before you engage any potential acquirers, you might want to explore the benefits of contributing an ownership interest in your business to a donor-advised fund or
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