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

Qdoba Mexican Eats opens new location at Syracuse airport
SYRACUSE — The restaurant lineup at Syracuse Hancock International Airport now includes a new location of Qdoba Mexican Eats. The Syracuse Regional Airport Authority (SRAA) and Gideon Toal Management Services (GTMS) joined the restaurant for the Feb. 21 ribbon-cutting event, SRAA said in its announcement. The fast-casual restaurant, which serves Mexican-style cuisine, conducted a soft […]

Lyons Bancorp’s earnings decline 11 percent in 2024
LYONS — Lyons Bancorp, Inc. (ticker: LYBC), the financial holding company of the Lyons National Bank (LNB), recently reported earnings of $15.5 million for 2024, down nearly 11 percent from its record earnings of $17.4 million the prior year. The banking company said that on a per-share basis, its earnings per share were $4.38 last

Pathfinder Bancorp Q4 profit rises more than 70 percent
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, reported net income of $4.3 million, or 69 cents per share, in the fourth quarter, up 72 percent from $2.5 million or 41 cents, in the fourth quarter of 2023. The latest quarterly results included a benefit of about $1.4 million

KeyBank parent company names new new chief risk officer
Mohit (Mo) Ramani is the new chief risk officer (CRO) at KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region. He started in the CRO position on Jan. 23, the banking company announced. Ramani joins Key from Truist Financial Corporation,
Oneida County hotel business indicators were mixed in January
UTICA — Oneida County hotels registered a mixed month of business performance in January, as indicated by three key benchmarks. The hotel-occupancy rate (rooms sold as a percentage of rooms available) edged down 1.2 percent to 44.9 percent in the first month of 2025 compared to the year-ago month, according to a report from STR,

Lockheed Martin’s suburban Syracuse plant wins $23.5M Navy contract modification for submarine work
SALINA — Lockheed Martin Corp. (NYSE: LMT) recently was awarded a $23.5 million modification to a previously awarded delivery order under a contract from the U.S. Navy to exercise options for engineering support of submarine electronic-warfare systems on new construction and in-service submarines. Work will be performed in the Lockheed Martin facility in the town

United Airlines to ofer two flights a day from Syracuse to Denver
SYRACUSE — United Airlines this summer plans to expand its daily, nonstop service to twice daily from Syracuse Hancock International Airport (SYR) directly to Denver International Airport (DEN). When the daily service was initially announced in 2019, it was “lauded as a big win for both business and leisure travelers in Central New York,” the

New York home sales rise more than 3 percent in January 2025
ALBANY — Realtors in New York state sold 7,625 previously owned homes in January, up 3.1 percent from the 7,395 existing homes they sold in January 2024. However, pending sales fell almost 5 percent in the first month of the year, foreshadowing declines in closed home sales in the next couple of months, the New

Keenans donate $1.25M for continued support of Le Moyne entrepreneurship education
SYRACUSE — Le Moyne College says Tim and Kathleen Keenan have donated an additional $1.25 million that will help pay for the ongoing initiatives of the Keenan Center for Entrepreneurship, Innovation and Creativity for the next five years. “This commitment will ensure that the important work being accomplished through the center will not only continue

SU offering academic programs to current, former baseball players in MLBPA partnership
SYRACUSE — Both current and former professional baseball players will get the chance to pursue academic programs at Syracuse University (SU) as part of the school’s partnership with the Major League Baseball Players Association (MLBPA). Under their agreement, SU will offer “market-relevant and industry-specific” online degrees, certificates, and credentials, as well as a range of
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