Windstream to form REIT in move that lowers company's debt
Windstream Corp. plans to spin off some of its telecommunications network assets into a separate publicly traded real estate investment trust consisting of roughly 25 employees, company officials said Tuesday.
RPO names Pittsford native Stare as music director
The Rochester Philharmonic Orchestra Inc. has tapped a Pittsford native dubbed “one of the hottest conductors in America” to serve as its next music director. Ward Stare will become the RPO’s 12th music director in 91 years, officials said.
Kodak sues Goldman Sachs, others
The Goldman Sachs Group Inc. and JPMorgan Chase & Co., in concert with hedge funds, commodities traders and others, manipulated commodities markets, breaching antitrust laws and costing Eastman Kodak Co. dearly, Kodak claims in a lawsuit.
RF Communications parent reports drop in unit's Q4 sales
Harris Corp.’s RF Communications Tuesday reported a drop in fiscal fourth-quarter sales and operating income.
Survey leads N.Y. cities for being small-business friendly
Rochester is the friendliest city in New York for small-business owners and ranks as the 5th easiest city nationwide to start a business, a new survey from Thumbtack.com reports.
Airport projects come in under FAA budget
A series of projects at the Greater Rochester International Airport were completed at a total cost of $29 million, a savings of $11 million from the $40 million budgeted by the Federal Aviation Administration, officials announced this week.
First Niagara's top accountant Ciroli resigns, interim named
The top accountant at First Niagara Financial Group Inc. has resigned, the Buffalo-based company announced in a regulatory filing.
UR contracts Taylor for College Town admin building
R-J Taylor General Contractors Inc.—which does business as Taylor, the Builders—was awarded a $2.6 million construction contract for the University of Rochester’s 45,000-square-foot administrative office building at College Town in Rochester.
LeRoy fire department treasurer charged with grand larceny
The LeRoy Fire Department’s treasurer has been arrested and charged with the theft of public funds.
Coalition seeks neutral language for redistricting language
The state Board of Elections is expected to adopt language for a redistricting amendment on the November ballot.