Saturday, February 04, 2012

Latest local news, weather and sports for Syracuse and Central New York

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The economy is in turmoil. For many, debt is mounting, credit is tight, and spare cash is a luxury. You have questions, and Action News wants to help find the answers.


To submit a question to Action News, send an email to 
money@cnycentral.com.


For more financial information, click on the links below.


- To go to CNYcentral.com's "Money Talks" page, CLICK HERE
- To go to CNYcentral.com's "Coping with the Economy" page, CLICK HERE
- To contact CCCS of CNY, call 800-479-6026 or CLICK HERE

Protestors occupy Mayor's Ball   

The Mayor's Ball is one of the fanciest nights of the year in Syracuse, but this year, supporters of the mayor weren't the only ones to show up.

Veterans Career Fair offering jobs and more   

60+ area employers plan to attend

Top dollar for top talent or taxpayer burden?   

New York Gov. Andrew Cuomo is making a case to raise his staff's pay as the Assembly considers raises for lawmakers and shortly after he froze wages of union workers.

Lt. Gov. comes to CNY pushing Cuomo's budget   

New York's Lieutenant Governor stopped in Central New York on Thursday to talk about the impact of Governor Andrew Cumo's budget proposal.

Greek yogurt on a marathon-like growth spurt   

Greek yogurt now accounts for a quarter of the total yogurt market after a dizzying growth spurt that is especially apparent here in the heart of upstate New York.

Closing a school could be an option to save money in Onondaga   

Parents in the Onondaga Central School District are learning more about how the district will deal with a budget shortfall.

Half-day kindergarten could help close school budget gap   

The Liverpool Central School District is looking at kindergarten as a way to save money in next year's budget.

Baldwinsville considering closing a school to save money   

The Baldwinsville Central School District is one of several local districts that may have to make tough decisions in the face of budget gaps.

Monday Money Memo: Cruise line investments   

Do cruise stocks offer good investment potential at this time?

Warning to power customers: personal information may have been compromised   

NYSEG/RG&E is warning costumers of unauthorized access to their personal information.

Progress and challenges predicted for CNY in 2012: Are you optimistic?   

Signs of progress and challenges are in the economic forecast for Central New York this year. That was the message at this year's Economic Forecast breakfast at the OnCenter in Syracuse.

Former trailblazer Kodak files for Chapter 11 bankruptcy   

Kodak filed for Chapter 11 bankruptcy protection on Thursday, raising the specter that the 132-year-old trailblazer could become the most storied casualty of a digital age that has whipped up a maelstrom of economic, social and technological change.

Cuomo set to release $130 billion+ 2012-13 state budget   

Gov. Andrew Cuomo is set to present his second proposed annual budget, hoping to build on progress over the past year even as economic uncertainty remains.

Financial 411--your money questions answered   

We answer your money management and investing questions

Monday Money Memo: Can the penny give us clues about inflation in our economy?   

The cost of making a penny constantly fluctuations based on the cost of these commodities.

Analysis: Gov. Cuomo's budget to be a tough act   

Gov. Andrew Cuomo's budget presentation Tuesday is expected to steer the Democrat back toward fiscal conservatism from the liberal bend he's been on since December.

Orange juice: Is it safe to drink?   

Right now there are concerns over a breakfast staple. Is Orange juice safe to drink and is the cost going to go way up?

Protecting your money: helping seniors avoid scams   

Syracuse Police are warning seniors to be on the lookout for scam artists trying to take their money.

Brown winter means more green for many cities   

The warm, brown winter that has disappointed snow lovers in much of the U.S. has put more green in the pockets of state and local governments that had their budgets busted last year by the high cost of keeping streets and highways clear.

Some key details emerging in Cuomo's state budget plan   

As Gov. Andrew Cuomo prepares to release his proposed 2012-13 budget next week, some details of the $130 billion spending plan are becoming clearer - including what an official said Wednesday will be another round of agency spending cuts.

Orange juice imports halted over chemical concerns   

You may see fewer cartons of orange juice on the store shelves.

Senator pushes to bring high-tech manufacturing jobs to Syracuse   

A New York senator is pushing an effort to bring high-tech manufacturing to Syracuse.

Monday Money Memo: 2012 Predictions   

During the month of January you will hear predictions for all of 2012; however, there is no guarantee that how the year begins  predicts that it will end the same way.

Syracuse Inner Harbor proposals to be revealed to public   

Developers will reveal details of proposals for Syracuse's Inner Harbor this Monday.  A special meeting has been called due to high public interest.

Analysis: Cuomo picks fight with schools, gets one   

Gov. Andrew Cuomo picked a fight last week with what has long been Albany's most powerful force: public schools.

Career Fair scheduled, for Veterans only   

Operation: Hired aims to link area jobs with returning vets

IRS tax deadline pushed back to April 17 this year   

Taxpayers will get a few extra days to file their taxes this year thanks to something that happened back in 1862.

New York's $25 billion jobs package based on hope   

Gov. Andrew Cuomo's $25 billion jobs and development package that was the cornerstone of his State of the State speech isn't a big new spending package at all.

Gov. Cuomo sets aggressive agenda for second year   

While outlining an aggressive agenda to boost New York's economy during his second year in office, Gov. Andrew Cuomo advocated several measures to help the poor and dispossessed such as better access to food stamps, new offices to protect tenants' rights and help homeowners avoid foreclosure, establishing a health insurance exchange and improving care for disabled adults.

Kodak stocks plunge on news of possible bankruptcy   

Shares of Eastman Kodak Co. tumbled to a new all-time low following a report that the ailing photography pioneer might be preparing to file for bankruptcy protection.

Scriba bucks the trend, cuts taxes   

People living in the town of Scriba are getting a break. Taxes are actually going down by about half!

New York consumers confident in December   

Consumers across New York felt more confident during the holiday season.

SCSD Superintendent: Cuts are devastating   

Late Tuesday, State Education Commissioner John King suspended millions of dollars in School Improvement Grant funding for 10 districts that receive the federal money.

State closes more prisons following Oneida and Camp Georgetown   

As the inmate population dropped to about 56,000 currently, continuing a decade-long decline, the Cuomo administration this summer closed two other medium-security prisons, Mid-Orange in the lower Hudson Valley and Oneida in central New York.

Slow start to snowmobile season   

Our mild December has meant a slow start for snomobilers.

Help approved for former Birds Eye workers   

Former workers form the Birds Eye plant in Fulton are getting some help.

Verizon drops plan for $2 convenience fee   

After a customer backlash, Verizon Wireless is dropping a plan to start charging $2 for every payment subscribers make over the phone or online with their credit cards.

Verizon to charge fee for some phone, online bill paying   

Verizon Wireless, the country's largest cellphone company, is introducing a $2 fee for every payment subscribers make over the phone or online with their credit cards.

Syracuse, Onondaga County save money on lack of snow   

Without much snow, Syracuse's Department of Public Works doesn't have to spend as much money to plow.

Sears to close 100 to 120 Kmart, Sears stores   

Between 100 and 120 Sears and Kmart stores are shutting down after terrible holiday sales during the most crucial time of the year for retailers.

Huge turnout for post-Christmas shoppers   

Christmas may be over, but for savy shoppers like Tina St. John, the post holiday shopping rush has just begun.

Could corporate sponsors save Air 1?   

Air 1 could stay flying with the help of corporate sponsors.

A gift for every child   

One local elementary school is making sure every child has at least one present this Christmas.

Lack of insurance can be devastating for diabetes patients   

Diabetes can have devastating effects. Keeping up with treatment can be even more difficult when patients are faced with enemployment and lack of insurance.

Buerkle waits as end of payroll tax cut nears   

A spokesperson for Congresswoman Anne Marie Buerkle says the Republican is in Washington today waiting to hear if there will be a compromise over the payroll tax cut.

Monday Money Memo: Tips to maximize your tax refund   

Tax tips that will help you maximize your tax refund or reduce the taxes owed.

Traveling this week? You're not alone   

If you're planning to travel for the holidays this week, you're not alone.

3 CNY communities get funding for Erie Canal projects   

Projects will make connections between existing parks

HEAP cuts: how will they impact you?   

Paying the heating bill can be tough for seniors on a fixed income.

Gas drilling showdown in Madison County courtroom   

A court showdown is set to take place in the Madison County Courthouse Tuesday afternoon over whether localities have a right to ban natural gas drilling.

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