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Southern Tier 8 Regional Board pursues federal funding to connect homes to the internet
BINGHAMTON, N.Y. — The Southern Tier 8 Regional Board is pursuing a $22 million federal grant to connect nearly 900 homes to high-speed fiberoptic broadband
Clarkson University to host inaugural technology showcase and competition Tuesday at Turning Stone
VERONA, N.Y. — Clarkson University will host its inaugural technology showcase and competition on Tuesday afternoon from 4 p.m. to 7 p.m. at Turning Stone
U.S. Air Force awards PAR subsidiary largest contract in company history
ROME, N.Y. — The U.S. Air Force has awarded PAR Government Systems Corp. a nearly $500 million contract for counter-small unmanned aircraft system (C-sUAS) software,
KeyCorp’s Q3 profit jumps 55 percent, beats analysts’ expectations
KeyCorp (NYSE: KEY) recently reported that its net income in the third quarter increased 55 percent to $616 million, or 65 cents per share, from $397 million, or 41 cents, in the year-ago period, driven by strong revenue growth, especially fee-based income. KeyCorp — based in Cleveland, Ohio — is parent of KeyBank, which ranks
NBT Bancorp boosts quarterly dividend by nearly 4 percent
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a cash dividend of 28 cents per share for the fourth quarter. The payment is unchanged from the last quarter but up by 3.7 percent from 27 cents a share in the fourth quarter of 2020. The Norwich–based
Golden Artist Colors becomes 100-percent employee-owned
COLUMBUS, N.Y. — Golden Artist Colors, Inc., a global manufacturer of professional artist paints, recently announced that it has become a 100-percent employee-owned company. This transaction, which went into effect on Oct. 1, concludes a plan put in place in 2002, when the company implemented an employee stock-ownership plan (ESOP) for staff. By May 2010,
SUNY Morrisville formally opens new $16 million ACET Center
MORRISVILLE, N.Y. — SUNY Morrisville recently formally opened its new $16 million Agricultural and Clean Energy Technology (ACET) Center. The university held a grand opening and ribbon-cutting ceremony at the 30,000-square-foot applied-learning technology building on Oct. 21. This semester, students started taking classes at the ACET Center. The building will bolster the renewable energy, agricultural engineering,
New state law bars company retaliation against workers
ALBANY, N.Y. — A newly signed New York State law increases protections for employees from retaliatory actions by their employers in the case of reporting illegal or dangerous business activities. It “enhances protection” for private-sector employees, the office of Gov. Kathy Hochul said Oct. 28, the day she signed the legislation. The definition of employee
$15 minimum wage phase-in continues as labor shortages drive up wages
New York’s $15 minimum wage phase-in will continue with the next stage taking effect on Dec. 31 of this year. The announcement follows a required report by the state Division of the Budget that found “evidence of pressure for wages to rise in the midst of a pandemic-driven labor shortage,” the New York State Department
Syracuse foundry to pay $276K for workplace-safety violations
Frazer & Jones Co. Inc. agrees to correct serious hazards, implement enhanced safeguards SYRACUSE, N.Y. — A Syracuse iron foundry cited by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) for dozens of health and safety violations has agreed to correct 60 cited hazards, implement enhanced corrective measures, and pay $276,189 in
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