Daily business news in the Great State of New York!
MALTA, N.Y. and ESSEX JUNCTION, VT – The U.S. Department of Commerce announced $1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the U.S. CHIPS and Science Act. This investment will enable GF to expand and create new manufacturing capacity and capabilities to securely produce more essential chips for automotive, IoT, aerospace, […]
NEW PALTZ – Mohonk Mountain House, the historic mountain resort nestled in the Hudson Valley, is celebrating its 155th anniversary in 2024. Founded by twin brothers Albert and Alfred Smiley in 1869, the resort is now in its fifth generation of family ownership – an incredible feat accomplished by fewer than 3% of all family-owned […]
Hoffman’s Car Wash, a chain of car washes in upstate New York, has opened a new location in Halfmoon, about 12 miles north of Albany. The new car wash is located at 1589 US Route 9, a busy stretch of road near Clifton Park. This location offers exterior car washes and free vacuums. The company […]
Cornell University has received a $35 million gift that will endow and name the Cornell K. Lisa Yang Center for Wildlife Health. The center will address key challenges at the intersection of wildlife health, domestic animal health, human health and livelihoods, and the environment that supports all life on Earth. The gift to the College […]
A Tesla sedan drove off an overpass heading to Crossgates Mall in Albany and landed on the I-87 Thruway on Super Bowl Sunday. The Tesla was hit by an SUV after landing on the Thruway and a total of eight people were injured. No fatalities have been reported. On February 11, 2024, at about 7:21 […]
BUFFALO — The M&T Charitable Foundation, the philanthropic arm of M&T Bank, has awarded $8.2 million in donations to 68 nonprofit organizations across New England and Long Island and Rockland County New York. The announcement is the second round of giving as part of the company’s Amplify Fund grant, a commitment by M&T Bank to […]
ENDICOTT, NY — BAE Systems has been chosen by Boeing to upgrade and modernize the vehicle management system computer (VMSC) for the U.S. Navy’s MQ-25 unmanned aerial refueling system. The technology refresh will increase computing power and address obsolescence issues, providing the unmanned aerial tanker with an integrated solution that improves aircraft performance and allows […]
Stewart’s, a convenience store chain in upstate New York, celebrated the opening of a new, larger shop in Frankfort, NY last month. Frankfort is just off the I-90 Thruway between Utica and Schenectady. Among the local dignitaries attending the grand opening event were Assemblyman Robert Smullen, representatives of state Sen. Mark Walczyk’s office, village trustee […]
ROCHESTER – The Bonadio Group, a nationally ranked Top 50 CPA firm, has announced the partner promotions of 11 leaders across the firm’s Rochester, Capital, Western New York, and Central New York regions. The appointments support the firm’s continued growth and its goals to enhance the client and employee experience, foster professional development opportunities, and expand […]
The U.S. National Science Foundation (NSF) has designated the New Energy New York (NENY) Storage Engine as a Regional Innovation Engine (NSF Engine) as a part of President Biden’s Investing in America agenda. The NENY Storage Engine, anchored at Binghamton University in New York’s Southern Tier Region, will receive up to $15 million for two […]
The NFL playoff game between the Pittsburgh Steelers and Buffalo Bills has been postponed from Sunday to Monday afternoon at 4:30 p.m due to blizzard conditions. Erie County is in a travel ban on Saturday night due to the snow and winds. All traffic on roads including highways and the NYS Thruway is banned in […]
The New York State Thruway Authority announced the new Oneida Service Area (I-90 eastbound mile marker 244) in Westmoreland, NY is now open to the public. The location is the 13th new service area to open to Thruway customers as part of the $450 million private investment to redevelop and modernize all 27 Thruway service […]
Oneida Indian Nation Homelands – Turning Stone Enterprises has officially renamed three of its sports books to TS Sports this month following the end of its marketing partnership with Caesars. The new sports books made its debut at Turning Stone’s newest venue, NY Rec & Social Club, at its main casino in Verona, NY as […]
ALBANY — New York State is launching the Weather Risk Communication Center (SWRCC) at the University at Albany, a collaboration between university researchers and state emergency managers. Through an annual $1.5 million investment, the SWRCC will serve as a clearinghouse for critical weather information and develop new tools to help emergency managers make more informed, […]
Two New York college football teams — SUNY Cortland and University at Albany — are on the hunt for national titles in their division, a very rare event for the state. SUNY Cortland (13-1) is playing tonight against North Central College (IL) in the Amos Alonzo Stagg Bowl — Division III football’s national championship game […]