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NBT’s Q2 earnings dip, but outlook remains positive

NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) closed out the second quarter of 2023 with about a 20 percent decline in profit amid a volatile market, but banking-company executives expressed a positive outlook for the remainder of the year. NBT reported that net income fell to $30.1 million, or 70 cents a share, in […]

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Nonprofits can apply for Excellus HEIA funding until Sept. 14

Regional nonprofits have until the end of the day on Sept. 14 to apply for 2023 Health Equity Innovation Award (HEIA) funding from Excellus BlueCross BlueShield.  The awards help pay for health and wellness programs that address racial and ethnic health disparities in upstate New York. Nonprofits can apply for funding up to $30,000, Excellus

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PAR Technology battles through Q2 struggles

NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) ended the second quarter with higher sales, but a net loss as the company battled some sales glitches and made investments toward future success. PAR’s sales for the quarter ending June 30, 2023, totaled $100.5 million, up 18.2 percent from $85.1 million a year prior. The

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New York State Fair starts with new director at the helm

GEDDES — This summer’s New York State Fair has been underway for a few days and had a leadership announcement ahead of its opening day. Gov. Kathy Hochul on Aug. 21 removed the interim tag from the title of State Fair Director Sean Hennessey. He served as interim director of the Fair in 2022 after

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Survey: N.Y. manufacturing activity fell substantially in August

However, indicators of future conditions improved        The general business-conditions index of the Empire State Manufacturing Survey plunged 20 points to -19, pointing to a significant deterioration of economic conditions for the state’s factories. The index had dropped 6 points in July to 1.1 after climbing 38 points in June. The general business-conditions

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MVHS reaccredited as HeartCARE Center: National Distinction of Excellence

UTICA, N.Y. — Mohawk Valley Health System (MVHS) announced it has received reaccreditation as a HeartCARE Center: National Distinction of Excellence from the American College of Cardiology (ACC). MVHS stipulated that it was the first health-care organization in the state to earn the accreditation and one of the first nationally to achieve the honor. Accreditation

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Gillibrand pushes bill to designate Finger Lakes a National Heritage Area

ROMULUS, N.Y. — New York state’s Finger Lakes region would be designated as a National Heritage Area under a proposal that U.S. Senator Kirsten Gillibrand (D–N.Y.) recently announced. Gillibrand on Aug. 14 visited Buttonwood Grove Winery in Romulus to push the proposal in a news conference. National Heritage Areas (NHA) are established by Congress to

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Nugent begins expanded role as Syracuse University general counsel

Gabe Nugent, formerly with Barclay Damon LLP, is now serving in the role. Nugent had been serving as the university’s deputy general counsel and succeeds Daniel French as general counsel.  French is a Barclay Damon partner and co-chair of the firm’s white collar & government investigations practice area and the higher-education practice area, Barclay Damon

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Grossman St. Amour partner named to Health Foundation board

SYRACUSE — Linda Gabor, partner at Syracuse–based Grossman St. Amour CPAs PLLC, was recently appointed to the board of trustees of the Health Foundation for Western & Central New York.  The Health Foundation is an independent private foundation that advocates for continuous improvement in health and health care for the people and communities of Western

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Inflation Reduction Act clean-energy tax credits

“We’ve had so many questions about it recently, says Jessica LeDonne, director of policy and legislative affairs at The Bonadio Group, which offers accounting, tax, and consulting services from offices in Albany, Batavia, Buffalo, East Aurora, Rochester (HQ), Syracuse, and Utica. The questions range from “Am I eligible?” to “What do I need to do?”

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