Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
PAR subsidiary wins new $1.8 million U.S. Navy contract in Africa
ROME, N.Y. — PAR Technology Corp. recently announced that its subsidiary, Rome Research Corp. (RRC), has been awarded a $1.8 million prime contract to provide
First-quarter U.S. GDP growth revised up to 0.8 percent
ROMBEL ON BUSINESS U.S. economic growth slowed in the first three months of the year, but not quite as much as first reported a month
Community Bank announces quarterly dividend, annual meeting results
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 31 cents a share on its
New York jobless claims jump nearly 80 percent in latest week
The number of people filing applications for unemployment benefits in New York state soared 79 percent to 33,159 in the week ending May 7 from
ALBANY, N.Y. — New York’s State’s recently enacted budget sets forth a $15 minimum wage to be rolled out in stages across the state. Much
Griffiss Institute receives $25,000 Community Foundation grant for Drone Camp
ROME, N.Y. — The Community Foundation of Herkimer & Oneida Counties announced it has approved an education mini-grant for $25,000 for the Griffiss Institute to
NBT profit rises nearly 4 percent in first quarter
NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB) reported net income of $18.9 million, or 43 cents a share, in the first quarter, up 4 percent
Community Bank Q1 profit, revenue rise on increased assets from Oneida Financial deal
DeWITT — Community Bank System, Inc. (NYSE: CBU) reported net income of $24.4 million in the first quarter, up 9.4 percent from $22.3 million in
Kung Fu Tea to open at Destiny USA in June
SYRACUSE, N.Y. — Kung Fu Tea, a New York City–based tea shop chain specializing in bubble tea flavors, will open a store at Destiny USA
U.S. economic growth slows to 0.5 percent in first quarter
U.S. economic growth slowed in the first three months of the year, with the nation’s real gross domestic product (GDP) increasing by just 0.5 percent,