Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
CICERO — Nonprofit research and development corporation SRC, Inc. will cut 35 jobs this week as a result of delays and reductions in government contracts.
Upstate’s mood on real estate improved in Q1
Upstate consumers raised their opinion of the real estate market in the first quarter of 2012, looking forward to a brighter future despite ongoing pessimism
Net income slides in Q1 at Alliance Financial
SYRACUSE — Profit at Syracuse–based Alliance Financial Corp. (NASDAQ: ALNC) fell more than 21 percent in the first quarter to $2.6 million, or 55 cents
State funds headed to seed stage companies
Empire State Development approved awards of more than $25 million from the federally funded Innovate NY program to six investment entities from across the state.
SBA taking applications for new round of Intermediary Lending Pilot Program loans
The U.S. Small Business Administration (SBA) is opening its Intermediary Lending Pilot Program (ILP) for a second round. The ILP program provides long-term loans to
ITHACA — E2e materials has taken another step toward establishing its new manufacturing facility in Geneva. The firm closed a $400,000 loan from the Ontario
New Yorkers’ finances better than last year
New Yorkers’ financial health has improved in the last year, but a majority of residents still report finances that are the same or worse than
M&T Q1 profit nearly even with last year
M&T Bank Corp. (NYSE: MTB) earned $206.5 million in the first quarter, up slightly from $206.3 million a year earlier. The banking company, based in
Former Utica McDonald’s employee tapped as company’s new COO
Tim Fenton, who started his McDonald’s career as a crew member in Utica, is set to become the company’s next chief operating officer. McDonald’s Corp.
Improvement in manufacturing conditions slows in April
Business conditions remained positive for New York manufacturers in April, although they improved at a slower rate than in recent months, according to a survey
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.