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

DiNapoli: local sales-tax revenue growing slowly
Local sales-tax collections in New York state grew by $177 million, or 2.4 percent, in the first half of 2014, compared to the same period

New York A.G., consortium settle with military consumer lender
WATERTOWN, N.Y. — New York is among several states that have reached a settlement with a military-consumer lender that provides nearly $92 million in debt
Standard & Poor’s upgrades N.Y. credit rating to AA+
Standard & Poor’s (S&P) Ratings Services last week upgraded New York’s general-obligation (GO) bonds to “AA+” with stable outlook from the previous rating of “AA.”
Five businesses to expand or locate in Binghamton under START-UP NY program
BINGHAMTON, N.Y. — Five businesses will expand or locate in Binghamton through the START-UP NY program, the initiative that creates tax-free areas associated with colleges

First Niagara’s second-quarter profit edges up 4 percent
BUFFALO, N.Y. — First Niagara Financial Group, Inc. (NASDAQ: FNFG) today reported that its second-quarter net income increased to $66.2 million, or 19 cents a

State forms craft-brewer work group to develop ideas to expand the industry
A new craft-brewer work group will pursue recommendations on ways that New York’s craft-beer industry can pursue additional growth. Gov. Andrew Cuomo made the announcement

N.Y. AG: Tebb’s Head Shops owner pleads guilty in tax-evasion scheme
SYRACUSE, N.Y. — John Tebbetts, the former owner and operator of Tebb’s Headshops, today pleaded guilty to felony charges related to a five-year scheme to

Senators: Upstate steel jobs could benefit from DOC’s move against “unfairly” priced foreign imports
U.S. Customs and Border Protection is collecting cash deposits for estimated antidumping duties, making it costly for companies found dumping to export into the U.S.
Army Corps to OK wetlands permit for Marcy computer-chip facility project
MARCY, N.Y. — The U.S. Army Corps of Engineers (USACE) will approve the federal wetlands permits necessary for development of a computer-chip manufacturing facility in
CenterState CEO, local foundations announce Work Train initiative
SYRACUSE, N.Y. — Several local foundations are investing nearly $1 million over the next three years to seed a workforce-development initiative to create job opportunities
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.