Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
State to conduct study on payroll-servicing industry after MyPayrollHR scandal
The New York State Department of Financial Services (DFS) will conduct a study on the payroll servicing industry following the MyPayrollHR scandal, which caused “major
PAR’s strong Q1 revenue offset by operating costs
NEW HARTFORD, N.Y. — Last year’s acquisition of loyalty and guest-engagement platform Punchh paid off in double-digit sales growth in the first quarter of 2022
Community Bank wraps up Elmira Savings acquisition
DeWITT, N.Y. — The acquisition of Elmira Savings Bank by Community Bank System, Inc. (NYSE: CBU) does more than just add branches to its Community
Ask Rusty: About Payroll Tax & Income Tax on Social Security
Dear Rusty: Is it possible for you to go over how the Federal withholding tax is computed on Social Security benefits? Signed: Curious Taxpayer Dear
Carrols Restaurant Group reports net loss in 1st quarter
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST), the nation’s largest Burger King franchisee, reported a net loss of more than $21 million, or
People news: Lyons National Bank adds commercial-loan officer in Auburn
AUBURN, N.Y. — Lyons National Bank (LNB) recently hired Todd L. Borsa as assistant VP, commercial-loan officer in its Auburn offices. Borsa, an Auburn native,
Community Bank System completes nearly $83M acquisition of Elmira Savings Bank
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU), parent company of Community Bank, N.A., has wrapped up its $82.8 million, all-cash acquisition of Elmira
Buffalo private-equity firm acquires ICM Controls
CICERO, N.Y. — ICM Controls, Inc. of Cicero and its affiliates are now under the ownership of Lorraine Capital, LLC, a Buffalo–based private-equity firm. ICM
State employee arrested for trying to scam state retirement system out of more than $4,000
New York State Comptroller Thomas P. DiNapoli and the New York State Police announced on May 3 that a former New York State Department of
Tompkins Financial pays Q2 dividend of 57 cents
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 57
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.