Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Bonadio Group and Testone, Marshall & Discenza agree to merge
SYRACUSE, N.Y. — Rochester–based Bonadio Group and Testone, Marshall & Discenza (TMD) of Syracuse announced today that they will merge, effective Jan. 1, to form
Upstate Shredding acquires Murtagh Scrap Handling in Rome
ROME, N.Y. — Upstate Shredding, LLC and its sister business Ben Weitsman & Son, Inc. have announced the acquisition of the assets of Murtagh Scrap
Oneida County prepares for the new economy
ROME — Long before Oneida County was a political entity, the area served first as a military outpost for the Continental Army, then as a transportation hub on the Erie Canal, and next as a manufacturing center during the Industrial Revolution. During World War II, the region became home to a major Air Force base
Clifford Fuel buys Nice N Easy store in Clinton
CLINTON, N.Y. — Clifford Fuel Company, Inc. announced it has acquired the Nice N Easy Grocery Shoppes location in Clinton from the family of the
Bank marketing: What happened to the toasters?
The year was 1979. President Jimmy Carter appointed Paul Volcker as chairman of the board of governors for the Federal Reserve System. Volcker’s challenge was to tame the “stagflation” crisis, which he did by raising the federal funds rate from 11 percent in 1979 to 20 percent in 1981. In the same year, the prime
Community Bank System to pay dividend of 30 cents a share
DeWITT, N.Y. —– Community Bank System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 30 cents a share on its
Chemung Financial declares dividend of 26 cents
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) announced Monday that its board of directors has approved a quarterly cash dividend of 26 cents a
Here we are, nearing year-end, and everyone’s favorite topic — income-tax planning. This year you should be hearing your CPA mention things like net investment income tax and the unknowns around the fate of the “extenders.” While the net investment income (NII) tax is not pleasant, it exists and can be counted on as a
Community Bank opens DeWitt branch
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) has opened its newest branch at 5821 Bridge St. in DeWitt. The new 4,600-square-foot office is
People news: Launch New York names director of finance
BUFFALO, N.Y. — Launch NY, a nonprofit venture-development organization focused on upstate New York, has appointed Alex Adema as director of finance & operations. In
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.