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

M&T Bank Corp. to pay Q2 dividend of $1.35 a share on June 30
M&T Bank Corporation (NYSE: MTB) has declared a quarterly cash dividend of $1.35 per share of its common stock for the second quarter of 2025. The dividend will be payable on June 30, to shareholders of record as of the close of business on June 2, M&T recently announced. At its current stock price, the […]
Broome County hotels post drop in occupancy in April
BINGHAMTON — Broome County hotels registered a decline in overnight guests in April, as two other key indicators of business performance rose in the month. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county fell 4.2 percent to 59.3 percent in the fourth month of 2025, compared to April 2024,

Midstate Mutual Insurance names two new board members
AUBURN — Midstate Mutual Insurance Company recently announced the appointment of Frances M. (Frank) Fetsko and Mark J. Modzeleski to the company’s board of directors. Fetsko has spent his career in the financial-services industry and recently retired from Tompkins Financial Corp., where he served as chief financial officer and chief operating officer. He currently serves

SALINA — Lockheed Martin Corp.’s (NYSE: LMT) facility in the town of Salina, north of Syracuse, was recently awarded a $25 million U.S. Army contract for Sentinel A4 Radar System engineering services. Work will be performed at Lockheed’s Salina plant, with an estimated completion date of June 3, 2026, according to a June 4 contract

Withrow joins Syracuse office of Harris Beach Murtha
SYRACUSE — Harris Beach Murtha says senior counsel Maria Zumpano Withrow has joined its Syracuse office in the firm’s corporate, tax and trusts, and estates practice groups. Withrow also works with Harris Beach Murtha’s tax-exempt organizations & nonprofits industry team, the firm said in its June 2 announcement. With the corporate, tax and trusts and

Hancock Estabrook adds attorney to litigation and appellate practices
SYRACUSE — Hancock Estabrook, LLP recently announced the addition of attorney Lillian Abbott Pfohl to the firm’s litigation and appellate practices. Abbott Pfohl assists clients with complex civil-litigation cases, including contract disputes, employment-law matters and First Amendment issues, the Syracuse–based law firm said in its May 8 announcement. Prior to joining Hancock Estabrook, she served

Solvay Bank adds accounting professional to finance team
SOLVAY — Solvay Bank recently added Brandon Schultzkie to its finance team as a senior financial analyst. Schultzkie has extensive experience in financial analysis and accounting, the bank announced. He began his career at Brown & Brown Insurance as a financial internal auditor, later advancing to accounting leader. Schultzkie holds a bachelor’s degree in accounting

VIEWPOINT: Supreme Court Clarifies Standard in “Reverse Discrimination” Case under Title VII
The McDonnell Douglas standard, established in McDonnell Douglas Corp. v. Green, 411 U.S. 792 (1973), is a burden-shifting framework used to evaluate claims of employment discrimination. This standard applies to claims under Title VII of the Civil Rights Act of 1964, the New York State Human Rights Law (NYSHRL), and other related statutes. Under the

Micron, Trump Administration announce expanded U.S. investments in manufacturing, R&D
Micron Technology, Inc. (Nasdaq: MU) and the Trump Administration on Thursday announced Micron’s plans to expand its U.S. investments to about $150 billion in domestic

Wells College, Hobart and William Smith Colleges reach legacy agreement for Wells
AURORA, N.Y. — Both schools have finalized a legacy agreement that makes Hobart and William Smith Colleges the legacy institution for Wells College, which closed in 2024, citing financial difficulties. The agreement has been submitted to New York State Supreme Court in Cayuga County. It transfers stewardship of Wells’ records, endowment and some historical materials
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.