Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
VIEWPOINT: Employment of Out-of-State Telecommuters by Manufacturers in New York State
For manufacturers located in New York State, the employment of out-of-state telecommuters can greatly expand the available talent pool. That said, there are a number of issues that need to be addressed when considering this type of employment arrangement. Registration as both an in-state and out-of-state employer Generally, wages paid by a New York employer […]

Five Star Bank parent posts Q1 profit of nearly $17M
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently reported net income of $16.9 million in the first quarter of 2025. That’s an improvement from its net loss of $82.8 million in the fourth quarter of 2024 and net income of $2.1 million in the first quarter of 2024.

St. Lawrence County Chamber forms sport tourism group
CANTON — The St. Lawrence County Chamber of Commerce, in collaboration with Cimarron Global Solutions, in early April announced it is entering the next phase of its sport tourism initiative. The project is moving into the implementation phase with the formation of a sport tourism group. Sport tourism has been identified as a key

Center for Weight Loss & Surgery at Oswego Health wins accreditation
OSWEGO — Oswego Health Medical Practice announced that its Center for Weight Loss & Surgery has recently received national accreditation from the American College of Surgeons (ACS) Metabolic and Bariatric Surgery Accreditation and Quality Improvement Program (MBSAQIP) as a Comprehensive Center with Obesity Medicine Qualification. This designation reflects the center’s commitment to “providing exceptional care

Bassett wins Magnet Recognition for Nursing Excellence
COOPERSTOWN — Bassett Medical Center has recently achieved Magnet Recognition for Nursing Excellence, the highest national honor a hospital can attain for nurse satisfaction, patient outcomes, and nursing quality from the American Nurses Credentialing Center (ANCC), Bassett Healthcare Network announced. “This designation means everything to the nurses at Bassett Medical Center and is truly a

Solvay Bank analyst appointed to UnitiEast executive committee
SOLVAY — Solvay Bank recently announced that Shawn Cornell, senior applications analyst (in computer/network operations) at Solvay Bank, has been appointed to the executive committee of UnitiEast. UnitiEast is a collaborative organization that brings together financial institutions to share information, exchange ideas, and implement best practices within the software and digital product space, Solvay Bank
New York milk production rises more than 1 percent in March 2025
Dairy farms in New York state produced 1.395 billion pounds of milk in March 2025, up 1.3 percent from 1.377 billion pounds of milk in the year-prior month, according to the monthly milk-production report that the USDA’s National Agricultural Statistics Service (NASS) issued on April 22. Milk production per cow in the state averaged 2,215

State comptroller audit finds Elbridge town officials didn’t ensure payroll payments were accurate
ELBRIDGE — A recent audit of the Town of Elbridge by the Office of New York State Comptroller Thomas P. DiNapoli found that town officials did not ensure that all payroll payments were accurate, supported, and authorized, and that leave-accrual records were maintained accurately. Auditors determined that the town supervisor approved payroll without having any

KeyCorp to start buying back shares in 2nd half of year
KeyCorp (NYSE: KEY) in mid-March announced that its board of directors has authorized a share-repurchase program in which KeyCorp may buy back up to $1 billion worth of its common stock, in the open market or in privately negotiated transactions. KeyCorp — parent company of KeyBank, the No. 2 bank ranked by deposit market share
Onondaga County hotel occupancy rises slightly in March
SYRACUSE — Onondaga County hotels registered a small increase in guests in March as two other key indicators of business performance posted stronger gains. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in Central New York’s largest county rose 1.6 percent to 58.1 percent in the third month of 2025, compared to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.