Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Dominick Falcone Agency, Falcone Associates sold to Illinois firm
SYRACUSE, N.Y. — Dominick Falcone Agency, Inc. and affiliate Falcone Associates, Inc., of Syracuse, have been acquired by Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm headquartered near Chicago, Illinois, Gallagher announced this week. Financial terms of the transaction were not disclosed in Gallagher’s Feb. 3 […]
Most CNY regions posted job gains in December
The Syracuse, Utica–Rome, Binghamton, and Elmira regions all gained jobs in December compared to December 2023. However, the Watertown–Fort Drum and Ithaca areas lost jobs
Tompkins Financial to pay Q1 dividend on Feb. 21
ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 62 cents per share for the first quarter. The dividend is payable on Feb. 21, to common shareholders of record on Feb. 14. At Tompkins’ current stock price, the payment yields
NBT Bancorp boosts quarterly dividend by more than 6 percent
NORWICH — The board of directors of NBT Bancorp, Inc. (NASDAQ: NBTB), parent of NBT Bank, N.A., recently approved a first-quarter cash dividend of 34 cents per share. The new payment is an increase of 2 cents a share, or 6.3 percent, over the dividend of 32 cents that the banking and financial services company
LGS names three new board members
DeWITT — Leadership Greater Syracuse (LGS) has announced three new members of its board of directors: John Daniel of Usherwood Office Technology, Gina Rapasadi of Friends of the Rosamond Gifford Zoo, and Pete Wiezalis from Mower. Daniel is the director of IT services at Usherwood. He has previously served as a member of the Manufacturers
New startup Arcovo AI seeks to help small and mid-size firms
SKANEATELES — A new Central New York artificial intelligence (AI) startup has a bold goal. “We are on a mission to save businesses 1.5 million hours in productivity and create $100 million in profitability for our partners by 2030,” the website of Arcovo AI proclaims. The business, which is described as an AI-automation agency, has
Community Financial is bullish after strong 2024 performance
DeWITT — Improving interest rates, robust markets, new product offerings, and more helped boost earnings at Community Financial System, Inc. (NYSE: CBU) in 2024. The DeWitt–based company reported record revenue across its four business lines — banking, employee benefits, insurance services, and wealth management. “Reflecting on 2024, there is a lot to be pleased about
New Syracuse Stage managing director starts position March 1
SYRACUSE — Syracuse Stage is getting ready to welcome its next managing director, who assumes the role on March 1. The performing-arts organization has hired Carly DiFulvio Allen to fill the position previously held by Jill Anderson. DiFulvio Allen currently serves as associate general manager at Disney Theatrical Group for the productions of “Aladdin” and
Ask Rusty: About When to Claim SS & Taxation of Benefits
Dear Rusty: I am 65 and currently working full time. Can I apply for and start receiving my Social Security (SS) benefit? I’d expect to have to pay income tax on it if and when I do. Signed: Curious Worker Dear Curious Worker: If you are working full time, you should likely delay claiming Social
Ithaca Area Economic Development seats new board members, elects officers
ITHACA — Ithaca Area Economic Development (IAED) announced it appointed its 2025 board of directors at the first quarterly meeting of the year in January. The organization’s new 3-year appointments include Kate de la Garza (Ithaca Neighborhood Housing Services), Mike Horan (Taughannock Aviation), Robert Lewis (SHIFT Capital), Carly Norton (NYSEG), and Tam Marion Warren (Warren
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.