The company, a subsidiary of Spanish railway equipment manufacturer Construcciones y Auxiliar de Ferrocarriles S.A., will create 575 new jobs to perform manufacturing and final assembly work on Amtrak's 130 new single-level rail cars. The first car should roll off the assembly line in October 2012.

Under Cuomo's "student credit card reforms," schools must offer financial literacy programs to educate students on student loans, credit cards, and other commonly used financial products.

Upstate Shredding, LLC and Ben Weitsman & Son of Owego today announced an agreement to acquire Liberty Scrap Metal, Inc., located in Liberty in Sullivan County.

The average contribution rate for the employee retirement system will increase from 12 percent of salaries to 16 percent. The average contribution for the police and fire retirement system is increasing from 18 percent to 21 percent.

Whittet currently also serves as a director and vice chairman of the company and the bank. He served as president and CEO from 1998 until he retired in 2006. Whittet first joined Wilber in 1972.

The Upstate figure is nearly five points below New York's consumer confidence level of 62.5, which is down 0.5 points from July, according to SRI. The institute released the new survey today.