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

ShoppingTown Mall property to soon have a new developer, McMahon says
DeWITT, N.Y. — The proposed project to redevelop the former ShoppingTown Mall property in DeWitt into District East will have a new developer once the

Former Avis employee at Syracuse airport accused of stealing 47 cars
SYRACUSE, N.Y. — A Syracuse man who used to work at the Avis Budget Car Rental location at Syracuse Hancock International Airport is accused by

Upstate Medical University Arena revamp includes new seating, sound system
SYRACUSE, N.Y. — Upstate Medical University Arena at the Oncenter War Memorial had some changes following a $4 million renovation project that concluded at the end of the 2025-26 Syracuse Crunch ice-hockey season. Onondaga County on Oct. 16 said the improvements include brand new lower-bowl seating; improved accessibility; expanded event spaces; a state-of-the-art sound system;

Oneida County lawmakers to vote on proposed $560 million budget
UTICA, N.Y. — The Oneida County Board of Legislators on Nov. 12 will vote on the 2026 budget proposal that was recently introduced with the

Lockheed Martin produces higher profit, sales in Q3
Lockheed Martin Corp. (NYSE: LMT) generated a third-quarter profit of $1.6 billion, or $6.95 per share, compared to $1.6 billion, or $6.80 a share, during the same quarter in 2024. That’s according to the earnings report it issued on Oct. 21. The company’s profit result beat the consensus analyst’s estimate of $6.33 per share, according

State breaks ground on Principle Hotel in downtown Norwich, as part of DRI projects
NORWICH, N.Y. — Officials in Norwich held a Thursday, Oct. 23 groundbreaking for the upcoming Principle Hotel, an $8.3 million boutique hotel as part of

NYSDOT to spend $600 million on road paving in 2026
ALBANY, N.Y. — The New York State Department of Transportation (NYSDOT) will spend more than $600 million on over 180 paving projects statewide that are set for completion in 2026. That includes $25.3 million for eight projects in Central New York, $37.6 million for 15 projects in the Mohawk Valley, $59.6 million for 18 projects

Lockheed Martin Q3 profit edges up, sales rise
Lockheed Martin Corp. (NYSE: LMT) on Tuesday reported third quarter net earnings of $1.6 billion, or $6.95 per share, compared to $1.6 billion, or $6.80

Bassett Research Institute awarded multimillion dollar NIH grant
COOPERSTOWN, N.Y. — The Bassett Research Institute’s Center for Rural Community Health recently received approval for a multi-year grant to study improving rural access to

Mayor proposes nearly $2 million for three Binghamton housing projects
BINGHAMTON, N.Y. — Binghamton Mayor Jared Kraham on Oct. 16 announced plans to allocate $1.9 million to support three housing projects in the city of
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.