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

Pathfinder Bancorp’s profit nearly unchanged in Q2
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $2 million, or 32 cents a share, in this year’s second quarter, compared to $1.98 million, or 32 cents, in the second quarter of 2023. The banking company’s total revenue (net interest income, before provision for credit losses, […]

Griffiss Institute appoints general counsel and secretary to the board
ROME — The Griffiss Institute has recently appointed Dean Korsak as its new general counsel and secretary to the board of directors. He brings extensive experience as a recently retired military officer and supervisory attorney, with a strong background in technology and global operations. In his new role, Korsak will oversee the legal affairs of

Millions of tourists visited, spent money in NYS in 2023
GEDDES — An official with Empire State Development (ESD) said some experts feared a post-COVID tourism bubble with travelers satisfying their pent-up demand for travel in 2022 and not continuing that spending going forward. But New York state tourism showed “no sign of letting up” in 2023 and “defied any expectation” by reaching record high

Barnes & Noble expands Syracuse-area presence
SYRACUSE — Barnes & Noble Booksellers is one of the newest tenants at Destiny USA in Syracuse. The nation’s largest retail bookseller is located on level 2, next to Lululemon, in a space formerly occupied by Banana Republic. It held a formal-opening event on Aug. 28. “We are excited to welcome Barnes & Noble to

Oswego County Industrial Park set for significant expansion
It hopes to attract semiconductor supply-chain companies SCHROEPPEL — The County of Oswego Industrial Development Agency (COIDA) will use a $2.5 million grant to pay for roads, as well

Lupus organization awards $200K in research funding to MMRI
UTICA — Masonic Medical Research Institute (MMRI) recently received word that three previously supported systemic lupus erythematosus (SLE) research projects would receive an additional $50,000 each in funding this year from The Lupus and Allied Diseases Association, Inc. (LADA). LADA also awarded an additional $50,000 for one new project focused on lupus nephritis, bringing the

TC3 to use foundation grant to support Tioga County students
DRYDEN — Tioga County residents studying at Tompkins Cortland Community College (TC3) during the 2024-25 academic year can get some financial help, if eligible. The Owego–based Mildred Faulkner Truman Foundation awarded TC3 a $15,000 grant to help Tioga County students needing assistance. The foundation has a “long history” of supporting students at TC3, contributing well

Latest Loretto LPN apprenticeship program class graduates
SYRACUSE — Loretto describes its licensed practical nurse (LPN) apprenticeship program as “the first federally recognized LPN apprenticeship in the nation.” Loretto and leaders of the 1199SEIU union on Aug. 23 honored the program’s most recent graduates. Loretto’s LPN apprenticeship program resulted from a “successful labor-management partnership” between Loretto, the fourth largest health-care provider in

Unemployment rises across CNY regions in July 2024
Unemployment rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, Ithaca, and Elmira regions all increased in July compared to a year ago, a sign of some softening in the labor market. The figures are part of the latest New York State Department of Labor (NYSDOL) data released on Aug. 20. Regional unemployment rates The jobless rate

SUNY Oswego’s OWIER names first director of workforce innovation
OSWEGO — SUNY Oswego’s Office of Workforce Innovation and External Relations (OWIER) has named Kathryn Watson as its inaugural director of workforce innovation and community impact. SUNY Oswego President Peter Nwosu launched the school’s OWIER in the fall of 2023, The OWIER provides a designated point of entry into SUNY Oswego for industry, nonprofit, public,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.