Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Cornell president, Skorton, to depart for Smithsonian in 2015
ITHACA — Dr. David Skorton, president of Cornell University, will leave in mid-2015 to become the next secretary of the Smithsonian Institution, the university announced
Inficon plans $20M expansion of manufacturing operations in DeWitt
DeWITT — Inficon, Inc. plans to expand its manufacturing operations in DeWitt, creating 40 new “high-paying” jobs and retaining 240 existing positions. The company will
Advanced Motors & Drives to cut 72 jobs in DeWitt
DeWITT — Advanced Motors & Drives, a subsidiary of Nidec Corp. (NYSE: NJ), announced it will eliminate 72 jobs at its DeWitt plant in the
Boeheim Foundation awards Upstate Medical $100K for pediatric-cancer research
SYRACUSE — The Jim and Juli Boeheim Foundation has awarded the Foundation for Upstate Medical University a grant of $100,000 for pediatric-cancer research. Upstate Medical
Rombel on Business: February U.S. jobs report shows signs of improvement
Friday’s monthly nonfarm payrolls report from the U.S. Bureau of Labor Statistics (BLS) provided fresh evidence of a bounce back in the U.S. labor market
State awards three CNY organizations funding to develop advanced energy-storage technologies
New York state has awarded two Central New York companies and a university $250,000 each for their work on new technologies in battery and energy
Elmira Savings Bank to pay cash dividend of 23 cents a share
ELMIRA — The Elmira Savings Bank (NASDAQ: ESBK) board of directors has declared a quarterly cash dividend of 23 cents per share on its common
New York’s initial jobless claims tumble 16 percent in latest week
The number of people applying for new unemployment-insurance benefits in New York state in the week ending Feb. 22 plummeted by 3,572, or nearly 16
Faxton St. Luke’s, St. Elizabeth form Mohawk Valley Health System
UTICA — Faxton St. Luke’s Healthcare (FSLH) and St. Elizabeth Medical Center (SEMC) today formally announced their affiliation as the Mohawk Valley Health System (MVHS).
State unemployment rate dips to 6.8 percent in January
New York’s unemployment rate declined to 6.8 percent in January from 7 percent in December, hitting its lowest level since December 2008. That’s according to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.