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Herkimer College to add esports- management degree and arena this fall
HERKIMER, N.Y. — Herkimer County Community College will add a new esports-management degree this fall and a new esports arena to support the new degree and the esports team on campus. “This is an exciting time for Herkimer College with the addition of esports management to our academic portfolio,” Cathleen C. McColgin, Herkimer College president, […]
SECURE 2.0 Act brings changes to retirement planning
SYRACUSE — Passed at the end of 2022, the SECURE 2.0 Act contains many new benefits for employers as well as employees in hopes of boosting retirement savings across the country. The act (formally known as the Consolidated Appropriates Act of 2023 (HR 2617) builds upon the 2019 SECURE Act with about 90 provisions that
KeyCorp to pay Q1 dividend in mid-March
KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the first quarter. The dividend is payable on March 15, to holders of record as of the
M&T Bank Corp. adds Hearst executive to board
M&T Bank Corp. (NYSE: MTB) recently announced that it has added Carlton J. Charles, senior VP of treasury and risk management at Hearst, to its board of directors. Upon his election, effective Jan. 18, Charles was appointed as a member of the nomination and governance committee of M&T’s board. He was also elected to the
VIEWPOINT: Retirement Planning has Changed Again with SECURE Act 2.0
In 2019, Congress passed and President Donald Trump signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The intent of this law was to improve the way businesses provide retirement benefits to employees. In 2022, some long-awaited changes to the original act were introduced, and what is now known as SECURE
State pension fund posts 4.5% return in latest quarter
ALBANY, N.Y. — The estimated value of the New York State Common Retirement Fund hit $242.3 billion at the end of the state’s 2022-2023 fiscal third quarter. For the three-month period ending Dec. 31, 2022, the fund’s investments returned an estimated 4.51 percent, the office of New York State Comptroller Thomas DiNapoli announced Feb. 10.
KeyBank using Blend platform for digital mortgage applications
KeyBank recently announced it is using a software platform provided by Blend (NYSE: BLND) that digitizes the end-to-end mortgage-application process for clients looking to purchase or refinance a home. San Francisco, California–based Blend provides a cloud-based banking platform to “streamline workflows and transform banking experiences for their customers,” per the Blend website. With the use
New York manufacturing index rises in February but remains in negative territory
The Empire State Manufacturing Survey general business-conditions index climbed 27 points in February to -5.8. The index had fallen 22 points to -32.9 in January,
Downtown Syracuse Dining Weeks coming March 1
SYRACUSE, N.Y. — The 19th annual Downtown Syracuse Dining Weeks are scheduled to start March 1 and continue for two weeks through March 15. This
Highway superintendent in Chenango County town charged with theft
PLYMOUTH, N.Y. — The superintendent of the Town of Plymouth Highway Department in Chenango County was arrested Feb. 6 and charged with allegedly using town
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