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

Sysco to pay quarterly dividend of 45 cents in late April
Sysco Corporation (NYSE: SYY) recently announced that its board of directors has declared a regular quarterly cash dividend of 45 cents a share. The dividend is payable on April 23, to common shareholders of record at the close of business on April 1. Sysco sells, markets, and distributes food products to restaurants, health care and […]

Utica coffee shop to use $9K grant from Be A Neighbor Fund
UTICA, N.Y. — Café Domenico, a coffee shop located at 2011 Genesee St. in Utica, has been awarded a $9,000 grant from the Be A

Rome Area Chamber of Commerce announces business-assistance fund
ROME, N.Y. — The Rome Area Chamber of Commerce on Wednesday announced the availability of a business-assistance fund (BAF). The BAF will provide grants to

Excellus net income declined 43 percent to $97 million in pandemic-impacted 2020
ROCHESTER, N.Y. — Excellus BlueCross BlueShield, Central New York’s largest health insurer, reported net income of $97.2 million on $6.2 billion in premium revenue in
Schumer, Gillibrand introduce bill to strengthen unions
New York’s U.S. senators announced they have reintroduced the protecting the Right to Organize (PRO) Act, a measure that would strengthen workers’ rights to organize and bargain for fairer wages, better benefits, and safer workplaces. The pro-union legislation would “bolster” workers’ rights and address the “income inequality crisis that has been exacerbated” by the pandemic, U.S. Senate

Commerce Chenango to host economic-outlook event on Feb. 25
NORWICH, N.Y. — Commerce Chenango will host its annual economic-outlook briefing on Thursday, Feb. 25 in partnership with NBT Bank. The virtual event is scheduled

NBT Bank accepting applications for its management-development program
NORWICH, N.Y. — NBT Bank is currently accepting applications for its management-development program. The program prepares participants to assume mid-level professional roles with the bank

Brown & Brown Insurance to pay quarterly dividend on Feb. 17
Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently announced that its board of directors has declared a regular quarterly cash dividend of 9.25 cents a share. The dividend is payable on Feb. 17 to shareholders of record on Feb. 5, the insurance agency said in a

NBT Bank profit rises 15 percent in fourth quarter
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) recently reported that its net income rose more than 15 percent to $34.2 million, or 78 cents a share, in the fourth quarter from just under $29 million, or 66 cents, in the year-ago period. Higher net interest income and a lower provision for loan losses, partly

VIEWPOINT: NYS DOL Indefinitely Cancels Unemployment-Insurance Charges
On Jan. 14, 2021, New York State Department of Labor (DOL) Commissioner Roberta Reardon signed an order to temporarily modify the unemployment-benefit charging system and ease the burden for unemployment-insurance charges incurred by all employers during the COVID-19 pandemic. The order provides that all unemployment benefits paid out to claimants since March 9, 2020 will be charged
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.