Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

New York jobless claims jump nearly 80 percent in latest week
The number of people filing applications for unemployment benefits in New York state soared 79 percent to 33,159 in the week ending May 7 from

ALBANY, N.Y. — New York’s State’s recently enacted budget sets forth a $15 minimum wage to be rolled out in stages across the state. Much

Griffiss Institute receives $25,000 Community Foundation grant for Drone Camp
ROME, N.Y. — The Community Foundation of Herkimer & Oneida Counties announced it has approved an education mini-grant for $25,000 for the Griffiss Institute to
NBT profit rises nearly 4 percent in first quarter
NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB) reported net income of $18.9 million, or 43 cents a share, in the first quarter, up 4 percent
Community Bank Q1 profit, revenue rise on increased assets from Oneida Financial deal
DeWITT — Community Bank System, Inc. (NYSE: CBU) reported net income of $24.4 million in the first quarter, up 9.4 percent from $22.3 million in

Kung Fu Tea to open at Destiny USA in June
SYRACUSE, N.Y. — Kung Fu Tea, a New York City–based tea shop chain specializing in bubble tea flavors, will open a store at Destiny USA

U.S. economic growth slows to 0.5 percent in first quarter
U.S. economic growth slowed in the first three months of the year, with the nation’s real gross domestic product (GDP) increasing by just 0.5 percent,

SUNY Oswego appoints Roettger as acting provost, VP for academic affairs
OSWEGO, N.Y. — SUNY Oswego announced it has appointed Walter Roettger as acting provost and VP for academic affairs. As its chief academic officer,

Chittenango Landing Canal Boat Museum receives $45K grant to expand executive-director position
CHITTENANGO, N.Y. — Chittenango Landing Canal Boat Museum announced it has been awarded a $45,625 matching grant from the Environmental Protection Fund’s (EPF) Park and
Tompkins Financial declares quarterly dividend of 44 cents a share
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a quarterly cash dividend of 44