Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Utica coffee shop to use $9K grant from Be A Neighbor Fund
UTICA, N.Y. — Café Domenico, a coffee shop located at 2011 Genesee St. in Utica, has been awarded a $9,000 grant from the Be A
Rome Area Chamber of Commerce announces business-assistance fund
ROME, N.Y. — The Rome Area Chamber of Commerce on Wednesday announced the availability of a business-assistance fund (BAF). The BAF will provide grants to
Excellus net income declined 43 percent to $97 million in pandemic-impacted 2020
ROCHESTER, N.Y. — Excellus BlueCross BlueShield, Central New York’s largest health insurer, reported net income of $97.2 million on $6.2 billion in premium revenue in
Schumer, Gillibrand introduce bill to strengthen unions
New York’s U.S. senators announced they have reintroduced the protecting the Right to Organize (PRO) Act, a measure that would strengthen workers’ rights to organize and bargain for fairer wages, better benefits, and safer workplaces. The pro-union legislation would “bolster” workers’ rights and address the “income inequality crisis that has been exacerbated” by the pandemic, U.S. Senate
Commerce Chenango to host economic-outlook event on Feb. 25
NORWICH, N.Y. — Commerce Chenango will host its annual economic-outlook briefing on Thursday, Feb. 25 in partnership with NBT Bank. The virtual event is scheduled
NBT Bank accepting applications for its management-development program
NORWICH, N.Y. — NBT Bank is currently accepting applications for its management-development program. The program prepares participants to assume mid-level professional roles with the bank
Brown & Brown Insurance to pay quarterly dividend on Feb. 17
Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently announced that its board of directors has declared a regular quarterly cash dividend of 9.25 cents a share. The dividend is payable on Feb. 17 to shareholders of record on Feb. 5, the insurance agency said in a
NBT Bank profit rises 15 percent in fourth quarter
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) recently reported that its net income rose more than 15 percent to $34.2 million, or 78 cents a share, in the fourth quarter from just under $29 million, or 66 cents, in the year-ago period. Higher net interest income and a lower provision for loan losses, partly
VIEWPOINT: NYS DOL Indefinitely Cancels Unemployment-Insurance Charges
On Jan. 14, 2021, New York State Department of Labor (DOL) Commissioner Roberta Reardon signed an order to temporarily modify the unemployment-benefit charging system and ease the burden for unemployment-insurance charges incurred by all employers during the COVID-19 pandemic. The order provides that all unemployment benefits paid out to claimants since March 9, 2020 will be charged
Tioga State Bank demolishing a Binghamton property for future development
BINGHAMTON, N.Y. — Tioga State Bank (TSB) announced that it recently began to demolish a property on the south side of Binghamton that the bank
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.