Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Tompkins County sales-tax receipts jump nearly 10 percent in June
ITHACA, N.Y. — Tompkins County Finance Director Rick Snyder recently reported that the county’s sales-tax receipts rose by 9.71 percent in June compared to the
Blue Ocean’s Sarenski discusses how things have changed since recession, market downturn
SYRACUSE — Theodore (Ted) J. Sarenski, president and CEO of Blue Ocean Strategic Capital, LLC in Syracuse, says the 2007-2009 financial-market downturn, when stocks fell
First Niagara generates strong loan growth in second quarter
BUFFALO — First Niagara Financial Group, Inc. (NASDAQ: FNFG) generated substantial loan growth in the second quarter across its various product lines and markets, the
Tompkins Financial Q2 profit rises almost 19 percent
ITHACA — Tompkins Financial Corp. (NYSE: TMP) reported net income of $13.1 million in the second quarter, up nearly 19 percent from $11 million in
Tompkins Financial announces stock buyback program, reports earnings
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) has authorized the repurchase of up to 400,000 shares of the company’s common stock outstanding. Purchases may
First Niagara’s second-quarter profit edges up 4 percent
BUFFALO, N.Y. — First Niagara Financial Group, Inc. (NASDAQ: FNFG) today reported that its second-quarter net income increased to $66.2 million, or 19 cents a
New York’s jobless claims jump 60 percent in latest week
The number of people filing initial applications for unemployment benefits in New York state soared more than 60 percent to 38,246 in the week ending
Syracuse ranks among the worst cities for weather, report says
SYRACUSE, N.Y. — Surprise, surprise: Syracuse has been ranked one of the worst cities in the United States for its weather, according to a new
StartFast Demo Day 2014 set for Aug. 14 at WCNY Connection Center
SYRACUSE — Aspiring entrepreneurs will attempt to impress a room of angel investors and venture capitalists with their business plans for developing and commercializing the
M&T Bank profit falls 18 percent in 2nd quarter
BUFFALO, N.Y. — M&T Bank Corp. (NYSE: MTB), Central New York’s largest bank ranked by deposit market share, today reported that its second-quarter net income