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

Upstate Medical University wins nearly $17 million contract for ADHD medication study
SYRACUSE, N.Y. — Upstate Medical University says it will use a $16.7 million contract for a study on attention-deficit/hyperactivity disorder (ADHD). The Washington, D.C.–based Patient-Centered

St. Joseph’s Health’s new medical practice expands orthopedic, spine care
SYRACUSE — St. Joseph’s Health Orthopedic and Spine Care has been in operation for less than a month, expanding access to orthopedic and spine services for patients across Central New York. The new St. Joseph’s Physicians practice formally opened on Dec. 1 and is now accepting new patients and continuing care with current patients, according

Oswego Health names executive director of nursing
OSWEGO — Oswego Health has recently announced the promotion of Cheryl Stilwell to executive director of nursing. Stilwell began her career at Oswego Health in 2008, as the clinical manager of med surg — a role she held until 2013. Demonstrating strong leadership, clinical expertise, and a compassionate approach to patient care, she was then

Lyons Bancorp declares dividends, share buyback plan
LYONS — Lyons Bancorp, Inc. (ticker: LYBC), the financial holding company of the Lyons National Bank (LNB), recently announced that its board of directors has declared a quarterly cash dividend of 43 cents per share on its common stock for the fourth quarter. The Lyons–based banking company will pay the dividend on Jan. 15, 2026,

Citizens survey finds AI investment accelerating as companies capture greater efficiency gains
The momentum behind AI adoption and investment continues to grow, according to Citizens Financial Group’s third annual AI Trends in Financial Management Survey. It found that 82 percent of middle-market companies say they plan to boost AI spending over the next five years — up from 58 percent in 2023 and 69 percent in 2024.

Digital entrepreneur acquires Finger Lakes Radio Group
GENEVA, N.Y. — The Finger Lakes Radio Group, which is based in Geneva, is now under new ownership. Alan Bishop, who owned the company for

State gives final approval for wind facility in Madison County
ALBANY, N.Y. — New York State has issued a final siting permit for Albany–based Liberty Renewables, Inc. to develop, operate, and decommission Hoffman Falls Wind,

Wendy’s to open new restaurant inside Destiny USA
SYRACUSE, N.Y. — Wendy’s is planning to open a new location inside Destiny USA, near the Dick’s Sporting Goods location in the complex’s Canyon area. Additional details, including the fast-food restaurant’s official opening date and ribbon cutting, will be announced soon, per the Destiny USA announcement. Wendy’s is known for its made-to-order square hamburgers, salads,

Centro awarded federal funding to purchase nine low-emission buses for BRT system
SYRACUSE, N.Y. — The Central New York Regional Transportation Authority (Centro) will use a federal grant of more than $9 million to buy about nine

TC3, Hobart and William Smith Colleges sign transfer agreement
DRYDEN, N.Y. — Tompkins Cortland Community College (TC3) and Hobart and William Smith Colleges (HWS) in Geneva on Thursday, Dec. 18 announced a new transfer agreement. It provides TC3 graduates guaranteed acceptance and scholarship into bachelor’s degree programs at HWS, per the TC3 announcement. Amy Kremenek, president of Tompkins Cortland Community College, and Sarah Kirk,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.