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

SYRACUSE, N.Y. — The leader of one institution of higher learning in Syracuse will succeed another in helping to lead a state group focused on

Smith Market wins $25,000 prize in Community Foundation’s Impact Opportunity Challenge
UTICA, N.Y. — The Community Foundation of Herkimer & Oneida Counties, Inc. has selected Smith Market as the winner of its $25,000 Impact Opportunity Challenge.

Syracuse cancels annual Fan Fest event over concerns about the weather
SYRACUSE, N.Y. — Syracuse University will not hold this weekend’s annual Fan Fest event, which was scheduled for Saturday, “due to the impending storms being forecast

Exelon’s acquisition of FitzPatrick nuclear-power plant to close in 2017
SCRIBA — Exelon Generation’s (NYSE: EXC) acquisition of the James A. FitzPatrick nuclear-power plant in Scriba should close in the second quarter of 2017. Under
Small-group market health-insurance rates in N.Y. to rise 8% in 2017
Health-insurance premiums in the Empire State’s small-group market will rise by an average 8.3 percent in 2017, the New York State Department of Financial Services

New York is investing $5 million to help create hub for upstate drone industry
New York will make an “initial” $5 million investment to help ongoing efforts to create a hub for unmanned-aerial system (UAS) “innovation” and manufacturing in

Startup firm Bojaga Studios’ farmstand location app is almost ready for iPhone
SYRACUSE — Bojaga Studios, a startup company that is a virtual tenant at the Syracuse Technology Garden, has a mobile-phone application (app) that will soon
The business unit of Lockheed Martin Corp. (NYSE: LMT) that operates locations in Salina and Owego will have a new name in early September. The

Syracuse University Athletics, Driver’s Village announce marketing deal
CICERO, N.Y. — Burdick Chevrolet will sponsor the “popular” complimentary spirit buttons for Syracuse University’s six home football games this season. It’s part of a

SBA, partners to host Aug. 16 event for entrepreneurs over the age of 50
SYRACUSE, N.Y. — Entrepreneurs over the age of 50 who want to start or grow their small business can participate in an event scheduled for