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

Five Star Bank parent company to pay Q2 dividend of 30 cents a share in early July
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), holding company of Five Star Bank, recently announced that its board of directors approved a quarterly cash

Crouse Health Foundation names new board chair and members
SYRACUSE — The Crouse Health Foundation recently announced the appointment of Anthony (Tony) Fiorito, a member of the board’s executive committee, as the new foundation board chair. Fiorito, an architect and real-estate developer, is president of Partnership Properties and board chair of the Downtown Committee of Syracuse, the foundation said in a release. He replaces

ConMed to pay dividend for second quarter of 2024 in early July
ConMed Corp. (NYSE: CNMD), a surgical-device maker with roots in the Utica region, announced that its board of directors has declared a quarterly cash dividend of 20 cents per share for the second quarter of this year. The dividend is payable on July 5, to all shareholders of record as of June 14. At the

CNY Transfer Collaboration involves SUNY Oswego, three community colleges
OSWEGO — Four regional colleges are teaming up to work at “improving the transfer experience” for students. SUNY Oswego and three community colleges are partnering on the Central New York Transfer Collaboration (CNYTC). CNYTC also includes Onondaga Community College (OCC), Jefferson Community College (JCC), and Cayuga Community College (CCC), SUNY Oswego said in its June

Consumer interest in electric vehicles is falling, per AAA
Survey also finds respondents prefer hybrids as alternative A new survey from AAA finds consumers’ interest in buying a fully electric car is declining. Only about one in five adults surveyed (18 percent) say they’d be “very likely” or “likely” to buy a new or used electric vehicle (EV) (not a hybrid), down

Moyer Carriage Lofts open on Syracuse’s North Side
$55 million renovation project recently wrapped up SYRACUSE — The building that once operated as the Moyer Carriage and Car Factory on Syracuse’s North Side is now a 128-unit, mixed-use, affordable and supportive housing development. It’s the building complex that’s known for the shell of a red

Syracuse University tuition to rise nearly 4% next year
University also boosts financial aid SYRACUSE — The tuition cost for full-time undergraduates at Syracuse University will be higher in the upcoming academic year as the school commits additional resources to help students pay the cost. Syracuse University will increase tuition for full-time undergraduate students by 3.9 percent to $63,710 for the 2024-25 school year.

Le Moyne joins semiconductor workforce development group
SYRACUSE — Le Moyne College says it is now part of a group that will help develop the future workforce for high-tech chip development, such as at the coming Micron plant in northern Onondaga County. The college has joined the Northeast University Semiconductor Network is a partnership involving more than 20 institutions of higher education

DiNapoli audit finds up to $1.5B in improper Medicaid payments to providers
ALBANY — Medicaid managed-care organizations made as much as $1.5 billion in “improper and questionable” payments to health-care providers who did not appear to be enrolled in Medicaid, according to an audit that New York State Comptroller Thomas P. DiNapoli released on June 4. Generally, under federal and state law, providers are “supposed to be

SU’s new College of Law dean starts work in early August
SYRACUSE — Syracuse University (SU) says Terence Lau graduated from its College of Law in 1998, and more than a quarter century later, will serve as the school’s 13th dean. The executive committee of the SU board of trustees approved the appointment, which begins Aug. 5, the school said in a June 5 announcement. “We
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.