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Tompkins Financial to pay Q1 dividend on Feb. 21
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of
NBT Bancorp boosts quarterly dividend by more than 6 percent
NORWICH — The board of directors of NBT Bancorp, Inc. (NASDAQ: NBTB), parent of NBT Bank, N.A., recently approved a first-quarter cash dividend of 34 cents per share. The new payment is an increase of 2 cents a share, or 6.3 percent, over the dividend of 32 cents that the banking and financial services company
New startup Arcovo AI seeks to help small and mid-size firms
SKANEATELES — A new Central New York artificial intelligence (AI) startup has a bold goal. “We are on a mission to save businesses 1.5 million hours in productivity and create $100 million in profitability for our partners by 2030,” the website of Arcovo AI proclaims. The business, which is described as an AI-automation agency, has
Community Financial is bullish after strong 2024 performance
DeWITT — Improving interest rates, robust markets, new product offerings, and more helped boost earnings at Community Financial System, Inc. (NYSE: CBU) in 2024. The DeWitt–based company reported record revenue across its four business lines — banking, employee benefits, insurance services, and wealth management. “Reflecting on 2024, there is a lot to be pleased about
New Syracuse Stage managing director starts position March 1
SYRACUSE — Syracuse Stage is getting ready to welcome its next managing director, who assumes the role on March 1. The performing-arts organization has hired Carly DiFulvio Allen to fill the position previously held by Jill Anderson. DiFulvio Allen currently serves as associate general manager at Disney Theatrical Group for the productions of “Aladdin” and
Ithaca Area Economic Development seats new board members, elects officers
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) announced it appointed its 2025 board of directors at the first quarterly meeting of the year in
First Graze Craze store in NY opens in Clay
CLAY — The first Graze Craze location in New York started operations in the town of Clay on Jan. 6. Graze Craze offers graze-style dining with its “artfully designed” charcuterie spreads. The new 1,200-square-foot store is located in the Clay Marketplace at 4599 State Route 31. It’s operated by franchise owners Christine Rawda and Colleen
Launch NY to use $5 million in ESD funding to help Upstate startups
BUFFALO, N.Y. — Buffalo–based Launch NY has secured $5 million in funding from Empire State Development (ESD) through its NY Ventures Community and Regional Partner
McFarland Johnson names new CEO of engineering
BINGHAMTON, N.Y. — McFarland Johnson, Inc. — an employee-owned planning, technology, design, and construction-services firm — says it has appointed Thomas Kendrick as its new CEO of engineering, effective Feb. 1. “With his exceptional skills and vast experience, Tom is poised to lead our engineering operations and drive the growth and innovation of our technical
Crews raise the final beam in first phase of expansion project at Point Place Casino in Bridgeport
SULLIVAN, N.Y. — Construction crews on Tuesday, Feb. 4 raised the final beam into place on the first phase of the $50 million expansion of
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