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Upstate consumer sentiment dips in Q2, Siena reports
State sentiment rises slightly Consumers in upstate New York became slightly less confident about the economy in the second quarter, according to a new report. Consumer sentiment in upstate New York was measured at 76.6 in the second quarter, down 3.1 points from the last measure of 79.7 in the year’s first quarter. That’s according to the […]
Ithaca College preps for leadership transition
ITHACA, N.Y. — Ithaca College is preparing for a leadership transition as the school’s provost and executive VP will become interim president, effective Aug. 30. The Ithaca College board of trustees has appointed La Jerne Terry Cornish to role for the entirety of the 2021-22 academic year. Current school president Shirley Collado has accepted a
Pathfinder Bancorp to pay second-quarter dividend of 7 cents a share
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, recently declared a quarterly cash dividend of 7 cents per share on its common stock for the fiscal quarter ending June 30. The dividend will be payable to all Pathfinder shareholders of record on July 16 and will be paid on Aug.
Innovare Advancement Center in Rome operates as accelerator for AI, cyber, UAS
ROME, N.Y. — A facility that’s described as an “open innovation hub” is now open to the public. Innovare Advancement Center (IAC) in Rome is a talent and technology accelerator for artificial intelligence/machine learning, cyber, quantum, and unmanned-aircraft systems (UAS). The IAC is a partnership between the Griffiss Institute, the Air Force Research Laboratory Information
NY MEP generated nearly $1B in economic impact in 2020
ALBANY, N.Y. — The New York Manufacturing Extension Partnership (NY MEP) says it helped create or retain 6,637 jobs and generate $994 million in financial impacts such as company cost savings, new investments, and increased or retained sales. NY MEP is a statewide network of 11 organizations that provide growth and innovation services to small-
After acquisition, Rochester firm to expand fiber network across Southern Tier
BINGHAMTON, N.Y. — With its recent acquisition of Plexicomm, LLC, Rochester–based Greenlight Networks believes it now has the platform to expand its fiber network across the Southern Tier. The firm plans to provide high-speed fiber internet to 30,000 homes in the region by the end of 2022. Greenlight Networks on June 30 held a news
Lockheed Owego plant wins $28.2M contract modification from Navy
OWEGO — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant was recently awarded a nearly $28.2 million modification to a previous contract from the United States Navy. This modification exercises an option to procure mission computers (MCs) and flight-management computers’ (FMCs) retrofit kits to upgrade the MH-60R/S aircraft, according to a July 1 contract announcement from
First Source Federal Credit Union launches interactive ATMs in downtown Utica
NEW HARTFORD, N.Y. — First Source Federal Credit Union says it is now offering interactive ATMs in downtown Utica, a move that it views as
Syracuse basketball to play Colgate again after one-year hiatus
SYRACUSE, N.Y. — Syracuse basketball will once again play Colgate, its most familiar foe, next season after COVID-19 put the local rivalry on hold for
Work begins on Cayuga Park project in Ithaca
ITHACA, N.Y. — Officials in Ithaca on Tuesday broke ground on the Cayuga Park project that will include Cayuga Health services, affordable housing, and retail
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