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Law, Accounting & Taxes

CNY regional job growth was mixed in the last year

3 regions added jobs, while 3 lost them Half the Central New York regions gained jobs in the past year while the other half shed positions, according to a recent state-government report. The Syracuse, Binghamton, and Ithaca areas gained jobs between July 2022 and this past July. At the same time, the Utica–Rome, Watertown–Fort Drum, […]

Five Star Bank parent company to pay Q3 dividend of 30 cents a share in early October

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 30 cents per common share outstanding. The banking company will pay the third-quarter dividend on Oct. 2, to shareholders of record on Sept. 14. At Financial Institutions’

FLLT to convert former golf course to expand Cayuga Lake conservation area

LANSING, N.Y. — The Finger Lakes Land Trust (FLLT) announced it has acquired 110 acres of woodlands and meadows in the town of Lansing in Tompkins County. The recent acquisition overlooks the eastern shore of Cayuga Lake and includes the Cedar View Golf Course. The golf course was operated by the Larsen family for more

Micron applies for federal aid for Clay semiconductor campus

CLAY — Micron Technology Inc. (NASDAQ: MU) is formally seeking federal assistance for its effort to build a semiconductor campus in the town of Clay. The Boise, Idaho–based Micron has submitted its application for U.S. government aid through the CHIPS & Science Act, U.S. Senate Majority Leader Charles Schumer (D–N.Y.) said in an Aug. 21

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New state law to protect consumers from gift-card fraud goes into effect

ALBANY, N.Y. — A new state law to protect consumers from potential gift-card scams went into effect on June 20. All businesses selling gift cards are now required to display a notice at or near where any gift card or gift certificate is displayed or sold to caution consumers about gift-card fraud.  Requesting gift cards

Berkshire Bank’s parent company pays dividend for third quarter

Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley area — recently announced that its board of directors has approved and paid a quarterly cash dividend of 18 cents a common share.  The dividend was payable on Aug. 31, to shareholders of record

DEC appoints former OCRRA leader to new department role

The DEC has announced the appointment of Dereth Glance to the role of regional director in the department’s region 7. It covers Broome, Cayuga, Chenango, Cortland, Madison, Onondaga, Oswego, Tioga, and Tompkins counties. The appointment was among four that DEC Commissioner Basil Seggos announced on Aug. 10. Glance most recently served as DEC’s deputy commissioner

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