Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Profit dips more than 6 percent at Chemung Financial
ELMIRA — Chemung Financial Corp. earned more than $2.4 million in the second quarter, down 6.7 percent from a year earlier. Earnings per share for
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, earned $721,000 in the second quarter, up from $587,000 a year earlier. Earnings
Regulatory action on Beacon Federal has no effect on acquisition
SYRACUSE — A report from a federal regulator of unsafe banking practices at Beacon Federal has no effect on its pending acquisition by Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB), according to both banks. DeWitt–based Beacon Federal and the federal Office of the Comptroller of the Currency (OCC) signed an agreement earlier this month outlining the
Syracuse student business incubator ranks highly on national list
SYRACUSE — The Tech Garden’s Student Sandbox ranked third on a list of top college business incubators in the country from BestCollegesOnline.com. The Rochester Institute
Federal grants to fund Syracuse, Ithaca airport improvements
The U.S. Department of Transportation is making grants to Syracuse Hancock International Airport and Ithaca Tompkins Regional Airport to combat winter weather. The Syracuse airport
Utica firm wins $27M cyber contract from Air Force
UTICA — Quanterion Solutions, Inc. won a five-year, $27 million contract from the Air Force to operate a cyber security center. The Cyber Security and
SUNY Oswego to offer small business training online
OSWEGO — The State University of New York (SUNY) Oswego Small Business Development Center will offer an online small business training course starting Aug. 13.
State Small Business Outreach Initiative to visit Syracuse tonight
SYRACUSE — Officials from six New York state agencies are scheduled to visit Syracuse tonight to teach small-business owners about state resources designed to spark
Exelis Rome location to perform work on new cyber contract
ROME — Defense contractor ITT Exelis (NYSE: XLS) won a contract from the U.S. Air Force to work on cyber technology for the military. The
New charter jet service coming to Rome in September
ROME — A Miami–based company plans to launch a new executive charter jet service flying from Rome’s Griffiss International Airport in September. Catalina Aerospace Corp.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.