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New York Gov. Andrew Cuomo has launched a statewide surety-bond assistance program in a bid to boost state contracting among small businesses and businesses owned by minorities and women.
The program, which Cuomo kicked off yesterday, is called the New York State Surety Bond Assistance Program. A surety bond guarantees an obligation or contract.
ITHACA — Ithaca College is now home to the beta version of Fanattac, an online social-media site that connects music fans and artists. Hollywood–based Fanattac, Inc. announced today it had closed on a $1 million private-placement financing deal.
M&T Bank has introduced a new mobile banking service for business customers. Businesses can pay bills, view accounts, perform transfers, and more online with the new service. Customers can use the new platform on mobile phones through mobile Web banking, text banking, or an iPhone app.
First Niagara Financial Group (NASDAQ: FNFG) said today it expects to close its acquisition of HSBC Bank’s upstate New York branch network on May 18. First Niagara, based in Buffalo, first announced the deal to acquire the 195 branches in July. The acquisition also includes some locations in Westchester County and Connecticut.
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On Feb. 3, the U.S. Bureau of Labor Statistics (BLS) released its monthly employment report, which was greeted as good news.
As we begin 2012, an election year, the United States faces many difficult economic and financial issues, even amid recent signs of improvement. The tough issues include national debt of $15.2 trillion and rising, 8.5 percent unemployment that would be even higher if the labor force was growing, flat wage growth, and rising levels of poverty.
BANKING & FINANCE
Oneida Savings Bank has promoted Julie R. Stokes to vice president – comptroller - insurance division.
Top Ranks Lists The 2010 Book of Lists electronic edition may be downloaded in Excel format. These 62 lists include key business information (when available) such as number of employees, revenue, products/services offered, and top executives for each company.
