Tagged: business

Governor Andrew Cuomo has proposed raising the minimum wage as part of his budget plan, even though the increase would not cost New York State any money.  That tactic might make it easier for the proposal to become law.

Syracuse-area Rep. Dan Maffei is getting reacquainted with central New York voters. The first of a series of listening tours this week focused on business in the new 24th Congressional District.

The main economic booster engine for central New York is predicting economic growth in the region in 2013 will look a lot like last year.

Business executives from across upstate New York are less confident about the economy going into 2013, an annual survey has found.

Tuesday’s fiscal cliff package included extensions to a range of business-related tax credits, including one aimed at supporting research and development. Although Rochester, Buffalo and Syracuse have some of the most active R & D economies in the country, experts say the deal could be a double-edged sword for upstate New York.

Kodak has reached an agreement for the sale of their digital patent portfolio. Under the agreement, the company will receive $525 million for the imaging patents from Intellectual Ventures, a major holder of US patents, and a group of 12 licensees.

A hookah lounge on Syracuse's north side will not be reopening for a second time. The Common Council has rejected a permit for the business to do so.

Senator Charles Schumer says a new center to open in Rochester will be a model for cities all over the state and the nation. He made the statement at the launch of the new center for urban entrepreneurship in the city.

Empty storefronts used to be a common site in downtown Syracuse, but now more are being leased out thanks in part to a growing demand from people to live in the city's urban center.

There's a new place to shop in Madison County, and this new store will get its stock from an unlikely source, the county dump.

A Syracuse IT firm says a state grant will help it train and add new employees.

Former Syracuse mayor Matt Driscoll visited IV4 in downtown Syracuse Monday to announce the grant. Driscoll is now the director of the New York Environmental Facilities Corporation.

The $50,000 grant is part of the money the Central New York Regional Economic Development Council secured late last year.