Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Cazenovia College President Chesbrough to retire in January; school appoints interim president
CAZENOVIA, N.Y. — Cazenovia College President Ron Chesbrough plans to retire Jan. 14, the school announced Tuesday. In addition, the Cazenovia College board of trustees
Utica Gas & Electric FCU names Brown president and CEO
NEW HARTFORD, N.Y. — Utica Gas & Electric Federal Credit Union (FCU) recently announced Lori Brown as its new president and CEO. She succeeds John
N.Y. lawmaker calls for Malatras removal after SUNY board backs system chancellor
ALBANY, N.Y. — Even after the SUNY board of trustees issued a Friday evening statement backing SUNY Chancellor Jim Malatras, a key New York lawmaker
NUAIR adds two positions to help business growth, advance the region’s drone corridor
SYRACUSE, N.Y. — NUAIR has added two new positions to pursue business growth and advancement of New York’s 50-mile drone corridor between Syracuse and Rome.
Five Star Bank parent company to pay Q4 dividend in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 27 cents per share of its common stock for the fourth quarter. Financial Institutions said it will pay its quarterly dividend on Jan. 3, to shareholders of record
Broome County hotel occupancy jumps nearly 44 percent in October
BINGHAMTON, N.Y. — Broome County hotels welcomed substantially more guests in October than in the year-ago month, according to a recent report. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county increased 43.9 percent to 59 percent in October, according to STR, a Tennessee–based hotel market data and analytics company.
Jefferson County hotel-occupancy rate jumps almost 24 percent
WATERTOWN, N.Y. — Hotels in Jefferson County were substantially fuller in October than in the year-ago month, continuing the lodging industry’s recovery from the pandemic, according to a recent report. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county rose 23.7 percent to 56.7 percent this October, according to STR,
CNY regions post lower jobless rates, add jobs in October
Unemployment rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, Ithaca, and Elmira regions fell in October compared to a year ago as the regions continued to recover from the impact of layoffs in the COVID-19 pandemic. The figures are part of the latest New York State Department of Labor data released Nov. 23. In addition, the Syracuse,
Tompkins Chamber, CVB plan to move to new space next spring
ITHACA, N.Y. — The Tompkins County Chamber of Commerce and Ithaca/Tompkins Convention & Visitors Bureau (CVB) have chosen their next space for operations and it’s located on Ithaca’s west side. The chamber’s board of directors and executive leadership say the organization will be moving its offices to 124 Brindley St., within the Aeroplane Factory campus,
Oneida County hotel occupancy rises more than 21 percent in October
UTICA, N.Y. — Oneida County’s hotels welcomed more guests in October compared to a year ago as they continued to rebound from the pandemic. The county’s hotel-occupancy rate (rooms sold as a percentage of rooms available) jumped 21.5 percent to 63.1 percent in October from the year-prior month. That’s according to a recent report from
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.