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

Bassett Healthcare Network awarded more than $7.6 million in grants to expand services
COOPERSTOWN, N.Y. — New York has awarded the Bassett Healthcare Network, based in Cooperstown, more than $7.6 million in grant funds through its Statewide Health

New York manufacturing index hits highest level since late 2024
New York manufacturing activity expanded in the latest month with a key benchmark hitting a level not seen since late last year. The general business

Anonymous donor gives Binghamton University $22 million for athletics program
VESTAL, N.Y. — Binghamton University says an anonymous donor provided $22 million “to enhance scholarship support for its NCAA Division I athletics programs.” At the

First Source FCU breaks ground on new Herkimer branch
HERKIMER, N.Y. — First Source Federal Credit Union (FCU) announced it has started the groundwork for a new branch office in Herkimer, scheduled for completion

Syracuse Cultural Festivals Fund offers grants to boost local events
SYRACUSE, N.Y. — The Syracuse Cultural Festivals Fund has $135,000 available to help produce local events, and the Downtown Syracuse Foundation, Inc. is accepting applications from interested organizations. Festivals planned to be held between October 2025 and September 2026 are eligible for consideration and applications may be submitted for grant amounts between $3,000 and $10,000

Home HeadQuarters is Syracuse recipient of $200K KeyBank bicentennial grant
SYRACUSE, N.Y. — Syracuse–based Home HeadQuarters, Inc. will use a $200,000 philanthropic grant from the KeyBank Foundation to support its Affordable Capital Capacity Building project. The funding is meant to “celebrate 200 years of KeyBank’s service to communities across the nation,” per the bank’s announcement. The KeyBank Foundation is donating $200,000 to community-development efforts in

NNY Community Foundation grant supports historic trail project in Henderson
WATERTOWN, N.Y. — The Northern New York (NNY) Community Foundation recently awarded a $2,500 grant to help launch an interactive trail project that highlights history in the town of Henderson, in Jefferson County. The Henderson Community Improvement Group is a local nonprofit leading the initiative to reignite the trail project and generate greater interest in

VIEWPOINT: Employee-Benefits Provisions in One Big Beautiful Bill Act
President Donald Trump recently signed the One Big Beautiful Bill Act (OBBBA) into law. And, while employee benefits play a relatively minor role in the bill, there are several surprisingly important changes tucked into its provisions. Employers can leverage knowledge of these changes to maximize the value of the benefits offered to their employees. High-deductible

New York home sales dip 1 percent in June, but inventory rises
ALBANY, N.Y. — Realtors in New York state closed on the sale of 8,879 previously owned homes this June, a drop of 1.3 percent from the 8,996 homes they sold in June 2024, but improvement in a pair of other key indicators may boost the housing market going forward. Pending home sales in the state

Community Financial System boosts quarterly dividend in Q3
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — recently announced that it has increased its quarterly cash dividend by 1 cent, or 2.2 percent, to 47 cents per share for the third quarter. The dividend will be payable on Oct. 10, to shareholders of record as
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.