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

Cuomo forges agreement on bill to support craft-beverage producers
New York Gov. Andrew Cuomo and legislative leaders this week reached agreement on a bill that they say will cut “burdensome” requirements placed on craft-beverage
New York’s unemployment claims edge up in latest week
The number of people filing initial applications for unemployment benefits in New York state rose nearly 4 percent to 18,279 in the week ending June

Tompkins Financial promotes Valenti to executive vice president
ITHACA — Tompkins Financial Corp. (NYSE: TMP) announced it has promoted Susan Valenti to executive vice president of corporate marketing. In this position, Valenti manages
Colgate, Saxbys Coffee to renovate the Barge coffee shop
HAMILTON, N.Y. — Saxbys Coffee, LLC and Colgate University have announced plans to “refresh” the Barge Canal Coffee Company in Hamilton, described as a “longstanding
Downtown Committee trumpets downtown Syracuse ‘development boom’
SYRACUSE — Residential development accounts for “nearly half” of the $353 million in development currently under way in downtown Syracuse. That’s according to the Downtown

Cuomo announces agreement to create new economic-development fund in St. Lawrence County
The net earnings from the sale of unutilized power from a hydroelectric plant in St. Lawrence County could benefit economic-development efforts in the county, Gov.

Ithaca hopes for federal grant for improvements to streets, bus-system
ITHACA — The city of Ithaca is hoping for a federal grant that would “transform” its bus system and make improvements to downtown streets, making

Tompkins Financial promotes Hyland to executive vice president
ITHACA — Rosemary Hyland has been promoted to executive vice president, director of human resources at Tompkins Financial Corp. (NYSE: TMP). In this position, she
U.S. Army awards Lockheed Martin $35M radar contract
SALINA, N.Y. — The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $35.7 million radar contract. That’s according to a list of contract awards
Cuomo: Moody’s upgrades New York’s credit rating to highest level since 1964
Moody’s Investors Service (NYSE: MCO) has upgraded New York state’s credit rating to Aa1 with stable outlook, representing New York’s highest rating from Moody’s since
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.