Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Carrols agrees to buy 64 Burger King restaurants in three states
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST) today announced it signed agreements to purchase 64 Burger King restaurants from subsidiaries of Heartland Food
People news: NBT Financial Services promotes Alger to assistant VP
JOHNSON CITY, N.Y. — Jordan Alger, a financial consultant at NBT Financial Services, was recently promoted to assistant vice president. He is based at NBT
New York manufacturing index falls in August
The Federal Reserve Bank of New York reported today that its Empire State Manufacturing Survey general business-conditions index fell 11 points to 14.7 in August.
People news: NBT Bancorp hires Delepine as chief compliance officer
NORWICH, N.Y. — NBT Bancorp recently hired Jeffrey Delepine as senior vice president and chief compliance officer. In this position, Delepine is responsible for developing,
Comptroller issues review of fiscal first quarter’s tax collections
Total state-tax collections through the first quarter of the state’s fiscal year 2014-15 were $1.3 billion higher than projections from the New York State Division
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 by more than 50 percent, caused substantial changes that still ring true today, including clients’ behavior. But other things, such as his firm’s approach to making investment decisions, have stayed
The Wealth of Nations is Their Freedom
In 1776, Adam Smith in, “The Wealth of Nations,” theorized that “When institutions protect the liberty of individuals, greater prosperity results for all.” Institutions are significant national practices, rules, or organizations that frame the environment in which goods are produced. Institutions help determine acceptable behavior and establish the incentives that stimulate or prevent economic growth.
Community bankers group takes on regulatory burden
Like its fellow community banks, Tioga State Bank is a locally owned and operated financial institution that reinvests, within the communities it serves, the dollars
Pathfinder Bancorp Q2 profit falls 18 percent
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), parent of Pathfinder Bank, recently reported that its profit slipped 18 percent in the second quarter. Pathfinder announced
New York A.G., consortium settle with military consumer lender
WATERTOWN, N.Y. — New York is among several states that have reached a settlement with a military-consumer lender that provides nearly $92 million in debt
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.