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Schultz Family Foundation donates $7.5M to SU’s IVMF to expand veteran career-preparation program
SYRACUSE, N.Y. — The family foundation of the retired CEO of Starbucks has donated more than $7 million to Syracuse University so it can

Binghamton University to use $30M in state funding to complete nursing school building
JOHNSON CITY, N.Y. — Binghamton University will use a $30 million Upstate Revitalization Initiative (URI) grant to finalize the nursing school building and other projects

Syracuse Mayor Walsh details “Syracuse Surge” plan in annual State of the City address
SYRACUSE, N.Y. — Syracuse Mayor Ben Walsh on Thursday night used his second State of the City address to provide details of what officials are
Some recent tweets that came across the @cnybj Twitter feed, offering various social media, tech, HR, career, and personal tips. Influence & Co. @InfluenceandCo7 Social Media Trends to Prepare for in 2019 https://influ.co/2qFF7Op by @johnhall @Inc Bmoozd @bmoozdNot using videos for social media is a big mistake! Ensure your social media efforts are supported by
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Some recent tweets that came across the @cnybj Twitter feed, offering various social media, tech, HR, career, and personal tips.
Influence & Co. @InfluenceandCo
7 Social Media Trends to Prepare for in 2019 https://influ.co/2qFF7Op by @johnhall @Inc
Bmoozd @bmoozd
Not using videos for social media is a big mistake! Ensure your social media efforts are supported by cutting-edge talent! http://ow.ly/tMZ930nicS1
Aspiration Marketing @gogrowbetter
5 #Social #Media #Strategies That Will Grow Your Business In 2019 http://mf.tt/tTZ9jQ
Whitman School at SU @WhitmanatSU
#Robots are the future of bread baking, according to the owner of #BreadBot. The machine is being marketed to grocery stores that would benefit from getting a head start on the day’s bread making. via @washingtonpost http://ow.ly/vtNH50k8zIM
Tamara McCleary @TamaraMcCleary
What Is Artificial Intelligence? Examples and News in 2019 https://www.thestreet.com/technology/what-is-artificial-intelligence-14822076 … via @TheStreet #AI
VIP Structures @VIPStructures
If you’ve driven through #Syracuse in the past year you have seen a variety of buildings with eye catching designs! Here are 4 tips to enhance the visibility of your building: https://buff.ly/2M4yjUh
Dave Ulrich @dave_ulrich
Learning and development add value to the business only when they help a business achieve its primary goals and create new opportunities. #HR
ANAmarketers @ANAmarketers
Why employee communications programs are essential for company success, via @MowerAgency: http://bit.ly/2Q6i3Yb
Mitch Mitchell @Mitch_M
Is There A Place For Competent Leaders? http://www.ttmitchellconsulting.com/Mitchblog/is-there-a-place-for-competent-leaders/ … #leadership
Hannah Morgan @careersherpa
How to Ask Smarter Questions When You Network https://buff.ly/2CnC96u @Inc #networking
Karen Bluestein @carycomms
5 Differences Between People Who Get Promoted and People Who Are Stuck – Ivy Exec Blog https://buff.ly/2Uy0mPO
Mark C. Crowley @MarkCCrowley
The WSJ says there’s a growing trend of people who intentionally wake up early to secure some quiet time, & gain a sense of control over their day ahead. Meditating, exercising, reading or just sitting with a cup of coffee represent the “power of slow mornings”
SWest Baseline @swbaseline
Whether you travel for business every once in a while or nearly every week, you know traveling comes with challenges. https://www.storagewest.com/blog/traveling-business-five-tips-smooth-trip/ …
Roar Skogvoll @RoarSkogvoll
A good list of #Healthy eating #tips: http://hlty.us/5EiW
Winter storm to start hitting CNY early Saturday afternoon, 10-20 total inches expected
BINGHAMTON, N.Y. — Most parts of Central New York are expected to receive between 10 and 20 inches of total snow in the weekend snowstorm,

KeyCorp to pay cash dividend of 17 cents a share in 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 17 cents per share of its common stock for the first quarter of 2019. The dividend is payable on March 15, to holders of
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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 17 cents per share of its common stock for the first quarter of 2019.
The dividend is payable on March 15, to holders of record as of the close of business on March 5.
The dividend is the same amount that Key paid in each of the last two quarters but that followed four increases in the dividend in 2017 and 2018.
Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of $138.8 billion as Sept. 30. Its roots trace back 190 years to Albany.
In the 16-county CNY region, KeyBank had 66 branches and $4.3 billion in deposits, good for a 14.73 percent market share, according to the latest FDIC statistics as of last June 30.
Life insurance company to relocate office from DeWitt to Salina in expansion move
SALINA — Bankers Conseco Life Insurance Company will be relocating its area office from DeWitt to Salina as it seeks more space. The insurer will lease 4,367 square feet of office space, for a term of five years, at 231 Salina Meadows Parkway in Salina. Marty Dowd of CBRE/Syracuse represented Bankers Conseco Life Insurance in
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SALINA — Bankers Conseco Life Insurance Company will be relocating its area office from DeWitt to Salina as it seeks more space.
The insurer will lease 4,367 square feet of office space, for a term of five years, at 231 Salina Meadows Parkway in Salina. Marty Dowd of CBRE/Syracuse represented Bankers Conseco Life Insurance in the lease, and Harry Harkaway, of the CBD Companies, represented the landlord, according to a CBRE news release. Other lease terms were not disclosed.
Bankers Conseco Life Insurance is currently located in a smaller space at 6333 State Route 298 in DeWitt. Dowd says he doesn’t know how much space the insurance company has at its current location but says the new space in Salina is definitely larger.

Taitem Engineering closing solar-installation division
ITHACA — Taitem Engineering, PC announced it is closing its solar-panel contracting division, effective Feb. 29. The unit has been open six years and has completed more than 300 solar PV (photovoltaic) system installations, the Ithaca–based firm said in a news release. It has installed nearly four megawatts of solar capacity at homes and businesses
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ITHACA — Taitem Engineering, PC announced it is closing its solar-panel contracting division, effective Feb. 29.
The unit has been open six years and has completed more than 300 solar PV (photovoltaic) system installations, the Ithaca–based firm said in a news release. It has installed nearly four megawatts of solar capacity at homes and businesses across Central New York
Taitem President Lou Vogel said “unstable regulatory conditions, decreasing state and federal support, and the increasing preference for community solar made it too difficult” to continue on with the solar-installation business. “Going forward, we will focus where Taitem can contribute best at this time, such as the design of zero-energy buildings for businesses, institutions and multifamily housing,” he said.
Though Taitem will no longer provide solar-panel installation services, it says it will maintain its solar engineering, commissioning, and service and warranty capabilities. The firm said its 10-year warranty for its work on solar PV arrays remains in place for all installed systems, and manufacturer-equipment warranties are not affected by the change.
Taitem Engineering said closing the solar installation division will allow it to focus on growing the company’s primary business of providing engineering design and energy-efficiency and sustainability consulting services, which it has done since its start in 1989. Taitem serves architects, developers, property managers, and other commercial and institutional clients with mechanical, electrical, plumbing, and fire protection engineering, and helps to develop science-based, carbon-reducing systems for both new and existing buildings.
Taitem’s solar-installation staff will be at work through February constructing solar PV systems already under contract. The company said some of the division’s employees will be able to keep their jobs with Taitem, but the release didn’t specify how many workers are staying and how many are not.
N.Y. manufacturing index falls in January to lowest level since mid-2017
The Empire State Manufacturing Survey general business-conditions index fell 8 points in January to 3.9, its lowest level since mid-2017. The headline index has fallen a cumulative 18 points since November, the Federal Reserve Bank of New York reported Jan. 15. The January reading, based on firms responding to the survey, still indicates that “business
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The Empire State Manufacturing Survey general business-conditions index fell 8 points in January to 3.9, its lowest level since mid-2017.
The headline index has fallen a cumulative 18 points since November, the Federal Reserve Bank of New York reported Jan. 15.
The January reading, based on firms responding to the survey, still indicates that “business activity grew slightly in New York,” the New York Fed said.
A positive index number indicates expansion or growth in manufacturing activity, while a negative reading shows a decline in the sector.
The survey found 23 percent of respondents reported that conditions had improved over the month, while 20 percent said that conditions had worsened, the New York Fed said.
“Overall, the message is that manufacturing activity is still rising, but only just, and we expect a substantial further weakening over the next few months,” Ian Shepherdson, chief economist at United Kingdom–based Pantheon Macroeconomics, said in a marketwatch.com article.
Shepherdson also projected the Empire State general business-conditions index would drop to about negative 10 over the next couple of months, which would be the lowest point since early 2016.
Survey details
The new-orders index fell 10 points to 3.5, indicating that growth in orders “slowed significantly,” while the shipments index fell more than 2 points to 17.9.
Unfilled orders were somewhat lower, inventories declined, and delivery times were slightly shorter.
The index for number of employees fell 10 points but remained positive at 7.4, indicating a “modest increase” in employment levels, while the average-workweek index held steady at 6.8.
The prices-paid index moved lower for a second consecutive month, its four-point decline to 35.9 “pointing to a slight deceleration” in input price increases. The prices-received index was little changed at 13.1.
Firms were “less optimistic” about the six-month outlook than in recent months.
The index for future business conditions fell 13 points to 17.8, and the indexes for future new orders and shipments also declined.
Firms expected employment to increase modestly. The capital-expenditures index fell 13 points to 17.9, and the technology-spending index moved down 6 points to 20.0.
The New York Fed distributes the Empire State Manufacturing Survey on the first day of each month to the same pool of about 200 manufacturing executives in New York. On average, about 100 executives return responses.

Oneida Nation gears up to start building sports-betting venues
VERONA — The Oneida Indian Nation on Jan. 8 said it plans to begin construction “shortly” on sports-betting venues at Turning Stone Resort Casino in Verona and Point Place Casino in Sullivan. The facility, referred to as a sports book, is called “The Lounge with Caesars Sports.” The Oneida Nation also released renderings of what
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VERONA — The Oneida Indian Nation on Jan. 8 said it plans to begin construction “shortly” on sports-betting venues at Turning Stone Resort Casino in Verona and Point Place Casino in Sullivan.
The facility, referred to as a sports book, is called “The Lounge with Caesars Sports.” The Oneida Nation also released renderings of what the new sports books will look like.
The Hayner Hoyt Corporation of Syracuse will handle construction of the Lounge project, Joel Barkin, VP of communications for the Oneida Indian Nation, said in an email response to a CNYBJ inquiry. Zausmer-Frisch Scruton & Aggarwal, also of Syracuse, is helping in the design process, Barkin added.
The addition to Yellow Brick Road Casino in Chittenango will happen “later” as part of the project’s second phase.
The Oneida Nation is also still waiting for approval to offer the sports-betting option, which is subject to National Indian Gaming Commission (NIGC) review.
Besides the NIGC review, the New York State Gaming Commission also has to issue sports-betting regulations, which the Nation will adopt for its casinos “pursuant to the Nation-State gaming compact.”
The Oneida Nation is partnering with Las Vegas, Nevada–based Caesars Entertainment (NASDAQ: CZR) in a licensing and branding alliance for the Lounge with Caesars Sports.
The all-new sport betting venues will have LED (light-emitting diode) terminals with high-definition resolution, and odds boards that “constantly” update and offer opportunities for in-game wagers. They’ll also offer bars, ticket windows, seating, and VIP areas with their own “dedicated” TV screens.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.