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

Business cybersecurity often involves paying attention
DeWITT, N.Y. — Protecting your money takes a lot more than an alarm or guard at the bank or shielding your PIN when you enter it at the ATM. This is especially true for businesses as more financial transactions take place in cyberspace. Businesses often notice bad transactions weeks after the fact, says Daniel Cardi, […]

Lockheed Martin to pay Q3 dividend of $2.80 a share in late September
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a third-quarter, 2022 dividend of $2.80 per share. The dividend is payable on Sept. 23, to holders of record as of the close of business on Sept. 1. At Lockheed’s current stock price, the dividend yields nearly 2.7 percent on an annual basis. The

Naples comes out of retirement to join Community Bank
DeWITT, N.Y. — Allen Naples is back. The veteran banker, who had been a fixture of the Central New York banking scene for more than four decades, retired a year ago but has returned to the industry. Naples has joined Community Bank, N.A. as a regional executive for the Central New York market, based at

St. Joseph’s Health merging with Albany hospital in Trinity Health restructuring
SYRACUSE, N.Y. — The parent organization of St. Joseph’s Health in Syracuse and St. Peter’s Health Partners in Albany on Wednesday announced that the entities

Strategic Financial opens Rome office
ROME, N.Y. — Strategic Financial Services recently opened its new office in Rome at 1320 Floyd Avenue and celebrated with a ribbon cutting on June

Pyramid lender extends loans on Destiny USA
SYRACUSE, N.Y. — Pyramid Management Group, which owns Destiny USA in Syracuse, on Thursday said its lender has extended the terms of the loans on

Bonadio’s Hammond named secretary/treasurer of NYSSCPA board of directors
SYRACUSE — Timothy J. Hammond, principal and talent ambassador at The Bonadio Group, in its Syracuse office, was recently elected secretary/treasurer of the New York State Society of Certified Public Accountants (NYSSCPA) board of directors for the 2022-2023 term. He began his term of office on June 1, along with the NYSSCPA’s other new officers,

AAA’s new Watertown Travel & Insurance Center is a more efficient size
WATERTOWN, N.Y. — AAA’s new Travel & Insurance Center in Watertown is a “much more efficient size and member-friendly office,” Elizabeth Carey, director of public relations and corporate communications for AAA Western and Central New York, says. The new 1,800-square-foot space is located at 19472 U.S. Route 11 in Watertown, not far from its previous

NBT Bank creates chief diversity officer role
NORWICH, N.Y. — NBT Bank is taking the next steps in its diversity, equity, and inclusion efforts by creating and filling a full-time chief diversity officer position. “It’s pretty clear in the research over time that a diverse workforce and a diverse leadership team provide better results,” says John H. Watt, Jr., president and CEO
Ask Rusty: Must I Pay Income Tax on my SS Benefits?
Dear Rusty: I do not recall the rules on my income-tax obligation for Social Security (SS) benefits. Can you please explain these rules to me? Signed: Senior Taxpayer Dear Senior Taxpayer: I’ll be happy to review the rules about income tax on Social Security benefits for you. If your combined income from all sources is
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.