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Lockheed signs manufacturing pact with waste-to-energy firm
OWEGO — Lockheed Martin Corp. (NYSE: LMT) on Oct. 9 inked an agreement with Concord Blue Energy, Inc. making it the “exclusive manufacturing provider” of the firm’s reformer technology. The technology converts waste to energy using advanced conversion technology, Lockheed said in a news release distributed Oct. 10. Concord Blue says it specializes in transforming […]
ABA Survey: Internet is still consumers’ top banking method, but mobile and branches gain popularity
While the Internet is still America’s most popular banking method, mobile banking has steadily gained momentum and is now preferred by 10 percent of consumers — up from 8 percent in 2013. That’s according to a recent survey by the American Bankers Association (ABA). The annual survey of 1,000 U.S. adults was conducted for
Cornell’s online subsidiary, eCornell, gets a new CEO
ITHACA — eCornell, Cornell University’s wholly owned online-education company, has a new CEO. Paul Krause, a 1991 graduate of Cornell, began his new duties on Oct. 8, the subsidiary said in an online news release. He previously served in the same role for Element K, an online-learning company headquartered in Rochester. It now operates as
Tioga County Boys & Girls Club pursues renovations
OWEGO — The Tioga County Boys & Girls Club is renovating its nearly 70-year-old, 15,000-square-foot facility in Owego. Knowing it needed to replace the 30-year-old leaky roof, the club and its board of directors collaborated to identify what repairs the facility might need starting in November 2012. The thought was, “if we’re going to do
What does the Affordable Care Act’s Contraceptive-Mandate Controversy Mean for your Benefits Plan?
This past summer, the U.S. Supreme Court decided a monumental case regarding the Affordable Care Act’s (ACA) contraceptive mandate, with potential implications for employers across the nation offering employee health benefits. Though the Supreme Court issued a final ruling, much debate has continued regarding the rights of nonprofit and for-profit, religious-based organizations, specifically in complying
First Niagara to close 17 branches, including one in CNY
BUFFALO, N.Y. — First Niagara Financial Group (NASDAQ: FNFG) on Friday announced that it will close 17 branches and two offsite drive-thru locations across its
M&T Bank profit slips 6 percent in the third quarter
BUFFALO, N.Y. — M&T Bank Corp. (NYSE: MTB), the Syracuse area’s largest bank ranked by deposit market share, earned $275 million, or $1.91 a share,
Report: CNY metro areas post job declines in the last year
The Syracuse, Utica–Rome, and Binghamton regions lost jobs in the last year, as the state unemployment fell from 6.4 percent to 6.2 percent in September,
Cazenovia’s Tierno sets goals for final 21 months before retirement
CAZENOVIA — A renovation project and a new curriculum are two of the objectives that Cazenovia College President Mark Tierno hopes to meet in the final 21 months of his tenure leading the college. Tierno has announced plans to retire from his position on June 30, 2016. He made the announcement during a recent campus-update
Work begins on Southern Tier High Technology Incubator
BINGHAMTON — The design phase is under way on the Southern Tier High Technology Incubator, which the state describes as a “major” economic-development project in downtown Binghamton. Binghamton University broke ground on the project on Oct. 2. The incubator seeks to be an “entrepreneurial ecosystem for emerging high-technology companies” and should help create more than
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