Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Former Rome councilman pleads guilty to stealing more than $19K in unemployment benefits
ROME, N.Y. — A former Rome city councilman has pleaded guilty to stealing more than $19,000 in unemployment-insurance benefits over an 11-month period. Louis DiMarco,

State announces health-insurance rate increases for 2018
Excellus BlueCross BlueShield (Excellus BCBS) will increase its health-insurance rates 8.9 percent in 2018 for those with plans through their employer in the small-group market.

People news: Nelson & Strife Financial Group names new partner
NEW HARTFORD, N.Y. — The Nelson & Strife Financial Group recently promoted longtime associate Kyle R. Strife to partner and renamed the firm from its
Carrols posts profit decline in 2nd quarter on higher costs
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST) reported that its net income fell to $6 million, or 13 cents a share, in the
Investment-management firm renews lease on Syracuse office
SYRACUSE — Blue Water Capital Management, LLC recently renewed its lease of 2,287 square feet of space for its office at 1001 James St. in Syracuse, CBRE/Syracuse announced. Larry Van Der Bogart of CBRE/Syracuse represented the tenant in the transaction. Blue Water Capital Management, which provides investment management and financial-planning services, has been a long-time

Solvay Bank to open a branch in Baldwinsville
BALDWINSVILLE, N.Y. — Solvay Bank has announced plans to open an office in the village of Baldwinsville. The new branch will be located at 197 Downer
3 Ways to Help Employees Weather a Business Storm Cycle
The modern economy is in a constant state of change, which means businesses — large and small — must move quickly in response to market shifts. Even the strongest companies will cycle through good times and bad. Bringing out the best in employees is a challenge in even the best of times. According to Gallup,
Cortland Fire Dept. to receive more than $190K in funding for new rescue vehicles
CORTLAND — The City of Cortland Fire Department will receive $190,477 in federal funding to purchase new vehicles, U.S. Senate Minority Leader Charles E. Schumer (D–NY) and Senator Kirsten Gillibrand (D–NY) announced. The money was allocated to the fire department through the Department of Homeland Security’s (DHS) Assistance to Firefighters Grant Program (AFG). “We applied
Pinnacle Holding Company names two new board members
SYRACUSE — Pinnacle Holding Company, LLC announced it has appointed two new members to its board of directors — Dalton J. Axenfeld and Elizabeth N. Bartlett. Axenfeld currently serves as controller of Pinnacle Holding Company and oversees the financial reporting and accounting of the holding company and each subsidiary. He has more than five years
Pinnacle Holding Company appoints two new board members
SYRACUSE, N.Y. — Pinnacle Holding Company, LLC announced it has appointed two new members to its board of directors: Dalton J. Axenfeld and Elizabeth
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.