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

Southern Tier clean-energy incubator attracts 19 companies in first year
BINGHAMTON, N.Y. — The New York State Energy Research and Development Authority (NYSERDA) on Wednesday announced that 19 firms have joined the Southern Tier clean-energy
ITHACA, N.Y. — The New York State Police in Ithaca on Wednesday arrested a woman and a female teen from Syracuse for fourth-degree grand larceny,

The Pizza Box draws crowds after opening in Utica
UTICA — The owner of one of Utica’s newest restaurants, The Pizza Box, says business has been brisk since opening. Robert Butler formally opened the new pizzeria at 933 South St. on April 11 with a ribbon-cutting event with the Greater Utica Chamber of Commerce. He says business “has been great” since opening The Pizza

Scholars & Champs store started in downtown Syracuse
SYRACUSE — Scholars & Champs — a new retail store offering apparel, fashion, art, and vintage items catering to Syracuse Orange sports fans — recently opened in downtown Syracuse. The new shop, located at 310 S. Salina St., is the brainchild of business owner, Bert “The Shirt” Aufsesser, a Syracuse University alum and Southern California
Broome County hotel occupancy rate jumps nearly 8 percent in February
BINGHAMTON — Hotels in Broome County were substantially fuller in February compared to a year ago, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county went up 7.8 percent to 49.0 percent in February from 45.5 percent in the year-ago month, according to STR,

Visions FCU gift helps Binghamton University renovate Student-Athlete Success Center
VESTAL — Visions Federal Credit Union (FCU) has donated funding to help Binghamton University renovate its Student-Athlete Success Center. The center is an academic resource for students who play on the school’s sports teams, per a Binghamton University news release. Representatives from the school and credit union on Feb. 19 held a “gift-signing” ceremony in

KeyCorp net income dips 4 percent in first quarter
KeyCorp (NYSE: KEY) — parent of KeyBank, which ranks No. 2 in deposit market share in the 16-county Central New York region — recently reported that its net income from continuing operations fell 4 percent in the first quarter to $386 million from $402 million in the year-ago period. Key’s earnings per share (EPS) was

Syracuse to use $3M in JPMorgan Chase funding to build on “Syracuse Surge”
SYRACUSE — Syracuse’s proposal in JPMorgan Chase & Co.’s (NYSE: JPM) AdvancingCities Challenge builds on the “Syracuse Surge,” which Syracuse Mayor Ben Walsh outlined in this year’s State of the City address. In his remarks on Jan. 20, Walsh called it “probably the biggest economic growth initiative ever put forth by the City

NBT Bank profit rises 12 percent in first quarter
NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB) reported that its net income rose 12.1 percent to $29.1 million, or 66 cents a share, in the first quarter from $26 million, or 59 cents, in the year-ago period. The increase was led by growth in both noninterest and net interest income. The Norwich–based banking company posted
NYCUA partners with FinTech firm to help members harness AI
The Albany–based New York Credit Union Association (NYCUA) announced it is working with an India–based financial-technology (FinTech) firm that will offer NYCUA-member credit unions access to fraud-detection technologies including artificial intelligence (AI). NYCUA has partnered with Quatrro Processing Services (QPS), a Gugugram, India–based fraud and risk mitigation FinTech product provider. Utilizing anomaly detection via predictive analytic
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.