Cornell News: AI & Finance Conference, Toni Morrison Tribute, McGraw Tower Update, Lawsuit, Budget Cuts, and Big Red Football Rivalry

Good morning, Cornell community. Today is Monday, September 15, 2025, and here are the latest updates from around campus. This week, Cornell Financial Engineering Manhattan is hosting its third annual "Future of Finance & AI" Conference on September 19 at Roosevelt Island. The event will feature industry leaders discussing topics like "ChatGPT & The Future of AI in Finance" and "The Changing Landscape of Investing." Additionally, from September 18 to 21, the university will celebrate "Toni Morrison: Literature and Public Life," marking the 70th anniversary of her degree. The four-day event includes films, panels, workshops, and the unveiling of a mural honoring Morrison's legacy. McGraw Tower, an iconic symbol of Cornell, has completed its renovations. The tower now boasts a new roof and other improvements, ensuring its presence on campus for another century. In other news, Cornell alumnus Scott Belsky '02, founder of Behance and A24 Labs, has joined the Cornell Tech Council. His addition is expected to bring valuable insights to the council's initiatives. Earlier this year, the U.S. Supreme Court reinstated a class-action lawsuit involving 28,000 Cornell employees. The suit alleges excessive fees in the university's retirement plans. The court's unanimous decision emphasizes the responsibilities of retirement plans under the Employee Retirement Income Security Act of 1974. The university is facing significant financial challenges due to federal funding cuts. In response, Cornell has announced plans to reduce staff and review programs to address these financial shortfalls. The administration is committed to making necessary changes to ensure the university's continued excellence. Looking ahead, the Cornell Big Red football team is set to face the Colgate Raiders on October 4, 2025. This game continues the longstanding rivalry, with the series currently tied at 51 wins each. Fans are eagerly anticipating this matchup. That's all for today's update. Stay informed and engaged, Cornell.