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VIEWPOINT: OSHA Issues Final Rule on HazCom Standard

On May 20, 2024, the Occupational Safety and Health Administration’s (OSHA) announced a final rule updating the Hazard Communication Standard (HCS). The amended rule (29 CFR 1910) better aligns with the United Nations’ Globally Harmonized System of Classification and Labelling of Chemicals (GHS). The HCS requires employers to provide information to their employees about the […]

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Thomas DiNapoli

DiNapoli releases report on IDA activity across the state

Industrial development agencies (IDA) across the state helped spur 4,320 projects valued at $132 billion in 2022, an increase of 5 percent over 2021, according to a recent report from New York State Comptroller Thomas P. DiNapoli. However, that development can come at a cost to local communities, he warned, as those projects combined received

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Broome County SBDC

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

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RCS graphic

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

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Onondaga County restaurant

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.

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Northrop Grumman

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

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KeyBank downtown Syracuse

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

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Karissa McDonough

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

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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

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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

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