Economy and Business

NEW YORK STATE COMPTROLLER'S OFFICE / NEW YORK STATE DEPARTMENT OF LABOR

(WRVO) A recently released report from the New York state Comptroller's office finds that upstate is lagging behind the rest of the state in recovering the jobs lost during and after the Great Recession. 

Tom Magnarelli / WRVO News

(WRVO) Local IBEW 97 labor union president Ted Skerpon said the past year has been a roller coaster for the employees he represents at the FitzPatrick Nuclear Power Plant and the nearby Nine Mile Point Nuclear Facility. Both were on the brink of closure at one point because of economic losses.

Ellen Abbott / WRVO News

 

The 12-day New York State Fair begins today in Syracuse. And it will be a different experience for everyone, after a $50 million state-funded renovation of the fairgrounds. 

NEWYORKFED.ORG

(WXXI) New York State is lagging the nation in terms of job growth, although some parts of the state are doing better than others. That according to William Dudley, who is the President of the Federal Reserve Bank of  New York.

Bret Jaspers / WSKG News

Walking among rows of green, picturesque vines, Tom Higgins of Heart & Hands Wine Company in Cayuga County pointed to a densely-packed cluster of pinot noir grapes. That density is typical for pinot noir, but this year, the cluster is even more crowded, which has implications for the last month or so of the growing season.

Bret Jaspers / WSKG News

 

Governor Cuomo announced yesterday the first round of grants for telecom companies to lay broadband fiber in rural towns. According to Cuomo's office, about $22 million in grants will go toward getting broadband access to over 17,000 Southern Tier homes and businesses. 

Mike Groll / AP Photo

 

A routine oversight hearing by the New York Assembly turned testy when the state’s economic development czar endured over two hours of questions about Gov. Andrew Cuomo’s economic development programs, which are currently under federal investigation. 

Third Way / Flickr

Foreign trade deals are a contentious issue at the Democratic National Convention in Philadelphia. 

New York’s senior senator, Chuck Schumer, weighed in Wednesday, saying he’s against the Trans-Pacific Partnership proposal, known as the TPP. 

Ellen Abbott, WRVO

(WRVO) New York state has been able to offer enough incentives to keep one central New York company from moving part of its operation to South Carolina.

Gabe Altieri / WSKG

Dick's Sporting Goods is investing where the company started. 

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