Fulton Leaderboard
Welcome to The Mohawk Valley Business Journal

Friday, September 10, 2010
Subscribe | Login

Our Publications:

arrow_nav Central New York Business Journal
arrow_nav The Greater Binghamton Business Journal
arrow_nav The Mohawk Valley Business Journal

by Eric Reinhardt

 

Gov. David Paterson on Wednesday announced the launch of the Excelsior Jobs Program, the successor to the state's Empire Zone program.
The $550 million Empire Zone program expired June 30. The program had been criticized in recent years as wasteful by awarding benefits to companies that didn't create the number of jobs promised.

The new program provides job creation and investment incentives to firms focused on targeted activities, such as biotechnology, pharmaceuticals, high-tech, green technology, financial services, agriculture, and manufacturing.


by Eric Reinhardt

 

New York Attorney General Andrew Cuomo today announced an agreement with the State University of New York (SUNY) to adopt a list of methods to keep students safe from "deceptive and unfair" credit card marketing.

Under Cuomo's "student credit card reforms," schools must offer financial literacy programs to educate students on student loans, credit cards, and other commonly used financial products.


by Eric Reinhardt

 

New York State Comptroller Thomas DiNapoli said Thursday that the employer contribution rates for the state pension fund will increase in the 2011-2012 fiscal year.

The average contribution rate for the employee retirement system will increase from 12 percent of salaries to 16 percent. The average contribution for the police and fire retirement system is increasing from 18 percent to 21 percent.


by Eric Reinhardt

 

Upstate New York's consumer confidence level rose 3.2 points to 57.7 in August, according to the latest monthly survey from the Siena (College) Research Institute (SRI).

The Upstate figure is nearly five points below New York's consumer confidence level of 62.5, which is down 0.5 points from July, according to SRI. The institute released the new survey today.


by Eric Reinhardt

 

The Syracuse area added 100 construction jobs between July 2009 and July 2010, making it one of 61 metropolitan areas nationwide that added construction jobs during that period.

The Utica-Rome area lost 400 construction jobs while the Binghamton area lost 100 construction jobs during the same 12-month stretch.



RSS
40u40 skyscraper
American heart Vertical