Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

WCNY to use nearly $500K state grant for film industry workforce development
SYRACUSE, N.Y. — WCNY in Syracuse will use a state grant of nearly $500,000 for its new WCNY Entertainment Academy. The funding comes from the

Syracuse University appoints new iSchool dean
SYRACUSE, N.Y. — Syracuse University on Wednesday announced the appointment of Andrew Sears as the next dean of the School of Information Studies, or the

Lockheed Martin to pay Q3 dividend of $3 a share in late September
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a third-quarter, 2023 dividend of $3 per share. The dividend is payable on Sept. 22, to holders of record as of the close of business on Sept. 1. At Lockheed’s current stock price, the dividend yields about 2.6 percent on an annual basis. Lockheed

Wolfspeed secures financing for expansion efforts
MARCY, N.Y. — Silicon-carbide technology company Wolfspeed, Inc., (NYSE: WOLF) recently announced it has secured $1.25 billion in financing, with an accordion feature for up to an additional $750 million, from an investment group led by Apollo (NYSE: APO). The financing supports Wolfspeed’s efforts to ramp up production and expand as it works toward a

5 teams selected for Medical Device Innovation Challenge
SYRACUSE, N.Y. — Upstate Medical University’s CNY Biotech Accelerator (CNYBAC) has selected five teams for its 2023 Medical Device Innovation Challenge (MDIC). The MDIC teams will participate in the Empire State Development (ESD) grant-supported program, which is now in its seventh year. The MDIC review committee, a select group of subject-matter experts, chooses the teams

Bassett, Hartwick partner on simulation lab for residents, nursing students
COOPERSTOWN, N.Y. — Bassett Healthcare Network and Hartwick College are launching joint simulation labs for first-year Bassett residents and nursing students. It marks the first time Bassett residents are partnering with Hartwick nursing students in simulation labs. A total of 23 first-year resident physicians from Bassett Medical Center graduate medical education programs will work with

MMRI announces summer fellows at research lab
UTICA, N.Y. — The Masonic Medical Research Institute (MMRI) recently announced the participants in its 2023 summer fellowship program. The scholarship-based program gives college students the opportunity to work at a laboratory while learning from scientists whose biomedical research focuses on cardiovascular, neurological, and autoimmune disorders. “We are thrilled to have these talented students with

Amazon donates $50K to OCC to support its student-success coaches
ONONDAGA, N.Y. — Amazon (NASDAQ: AMZN) on Wednesday donated $50,000 to Onondaga Community College (OCC) to support student-success coaches at the school. The Seattle, Washington–based

Schumer proposal would mean federal investment for Upstate industrial sites
Schumer spoke at Chapman Park at 1463 Route 31 in the Bridgeport area of the town of Sullivan in Madison County. Schumer said that this

NYSDOT announces new measures to prevent bridge strikes on Onondaga Lake Parkway
SALINA, N.Y. — The New York State Department of Transportation has a few “safety enhancements” in mind to prevent further truck strikes on the low
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.