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Broome County launches new grant program to help small businesses
BINGHAMTON, N.Y. — Small businesses are often overlooked when it comes to funding programs, and Broome County is hoping to change that with its new Broome County Small Business Development Grant program. Representatives of the county and The Agency, which will administer the program, announced it on June 4. Fueled by $500,000 in American Rescue […]
Survey: Workers’, retirees’ confidence hasn’t recovered from drop in 2023
Majorities remain optimistic about retirement prospects Workers’ and retirees’ confidence has not yet fully recovered from the “significant drop” measured in 2023, but majorities remain optimistic about their retirement prospects and the lifestyle they envisioned. That’s according to the 34th annual Retirement Confidence Survey (RCS), which was published on April 25. RCS
SU student-athletes, area eateries to benefit from NIL program
SYRACUSE — From now through Aug. 1, some Syracuse–area independent restaurant owners are giving patrons the chance to “round up” their bill to benefit SU student-athletes. Onondaga County Executive Ryan McMahon announced the partnership with Syracuse University (SU) Athletics on May 30. Surrounded by local restaurant owners, McMahon made the announcement outside the John A.
Northrop Grumman wins nearly $120M U.S. Navy contract, with most work to be done in Syracuse
SYRACUSE — Northrop Grumman Systems Corp. has been awarded a $119.6 million long-term, requirements contract for the repair of 17 weapon replaceable assemblies and shop replaceable assemblies in support of the E-2 aircraft. Much of the work will be done in Central New York. This is a 19-month contract with no option periods, and work
KeyBank rolls out KeyVAM for treasury-management clients
Uses Qolo’s technology platform KeyBank (NYSE: KEY) is now offering KeyVAM, which it describes as a virtual account-management product for treasury-management clients who have “complex” demand deposit account (DDA) structures and want to streamline their cash-flow and account structure. Cleveland, Ohio–based KeyBank is the No. 2 bank ranked by deposit market
Nottingham Trust advisor talks interest rates, inflation
Interest rates and inflation have been on the minds of almost everyone, whether you’re a business owner or a consumer at the grocery store trying to feed your family. According to one expert, there may be some relief in sight soon. The period of the past several years has truly been a unique experience, says
Tompkins Financial Advisors grows through relationships
ITHACA, N.Y. — It’s been a tricky time for wealth management since the global COVID pandemic, but Tompkins Financial Advisors, the wealth-management firm of Tompkins Financial Corp., isn’t slowing down. “This is where the rubber meets the road,” says Jennifer Green, senior VP and managing director of Tompkins Financial Advisors’ Central New York region. “We’ve
VIEWPOINT: How to Navigate Recruitment & Retention Challenges
As the competitive job market proves its staying power, many industries continue to suffer from labor shortages and retention challenges. With more opportunities than ever before, the demands and expectations of the workforce are changing, forcing companies to reassess their benefit and culture offerings to remain competitive. To ensure operations are not negatively impacted by
CNY jobless rates rise in April compared to a year ago
Unemployment rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, Ithaca, and Elmira regions were higher in April of this year versus the same month in 2023. The figures are part of the latest unemployment report that the New York State Department of Labor (NYSDOL) released May 21. Regional unemployment rates The jobless rate in the
UTICA, N.Y. —New York City–based VNS Health announced it has entered into an agreement with Mohawk Valley Health System (MVHS) to enroll former members of
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