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Small Business

New York home sales keep falling in November

ALBANY, N.Y. — New York realtors sold 10,101 previously owned homes in November, down 23 percent from the 13,120 homes sold a year ago, continuing a string of closed home-sales declines in recent months amid tight inventory and higher interest rates. Pending sales in November also fell more than 22 percent, foreshadowing further drops in

SUNY Morrisville dairy teaches while operating like a business

MORRISVILLE, N.Y. — The SUNY Morrisville dairy facility recently received a 2022 Progressive Genetics Herd Award by Holstein Association USA, Inc. The award recognizes SUNY Morrisville’s accomplishments in breeding a Holstein herd that has achieved high standards of genetic merit, the college said in a news release. It marks the 6th consecutive year the dairy

Spotlighting the SBA THRIVE program’s 2022 graduates

SYRACUSE, N.Y. — The nine graduates of this year’s SBA THRIVE program in the upstate New York district include small-business owners from Syracuse, Munnsville, Endwell, and Cooperstown. The U.S. Small Business Administration’s (SBA) THRIVE program seeks to help small businesses grow nationwide. THRIVE, a free national training program, is short for train, hope, rise, innovate,

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State law sets insurer-coverage requirements for hate crimes

A new state law prohibits insurance companies from canceling insurance, raising premiums, refusing to issue a policy, or declining to renew a policy solely on the basis that one or more claims have been made for a loss that is a result of a hate crime, New York Gov. Kathy Hochul recently announced. The new law will

State increases minimum wage for upstate New Yorkers

Workers outside of New York City, Long Island, and Westchester County received a $1 per hour increase in their minimum wage from $13.20 to $14.20 on Dec. 31. The increase was part of the state’s minimum hourly wage phase-in for upstate counties, the office of Gov. Kathy Hochul announced Dec. 21.  It follows a “statutorily

Rome Area Chamber honors Manueles for contributions to business community, chamber

ROME, N.Y. — The Rome Area Chamber of Commerce recently recognized Michael and Carol Manuele for their contributions to the business community and the chamber. “Carol and Mike have been strong leaders, not only in the financial institutions where they worked, but also in the community,” Rome Area Chamber Chairman John Calabrese said in a

Real-estate sales slow slightly to end year

“The bulk of the year was very similar to 2021,” says Jessica Dillenbeck, president of the Greater Binghamton Association of Realtors. The year, much like the preceding years, was marked by low interest rates combined with a shortage of inventory that made it a seller’s market. That lasted until summer when interest rates started increasing.

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