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Daily Archives: December 8, 2000

Hudson creates second venture fund

New York City-based Hudson Venture Partners II L.P., which created a local division here some two years ago, has launched its second venture capital fund. Richard Glaser, managing partner based in Rochester, helped clinch a deal with local start-up Blue ...

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St. Bonaventure to bring awards here

St. Bonaventure University plans to expand its Gaudete Medal Awards to Rochester this spring. The Southern Tier-based university has presented the awards in Buffalo since 1996 and New York City since 1997. The awards honors business and community leaders who ...

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Doyle makes picks for sports authority

County Exective Jack Doyle has named John Riedman and Geff Yancy to the newly created Monroe County Sports Authority. Riedman is chairman of Riedman Corp. and Yancy is managing director of CFC Capital Management. Rochester Mayor William Johnson Jr. last ...

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NASDAQ hires new CEO

Hardwick Simmons, who this fall stepped down as the head of Prudential Securities, will be the next CEO of the NASDAQ stock market. Simmons will assume the role Feb. 1.

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Economic indicators suggest slowing

The U.S. jobless rate climbed from its 30-year low, a key gauge of consumer sentiment plummeted, and wage inflation appears to be creeping higher. The unemployment rate increased to 4 percent in November from October’s 3.9 percent rate.

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Power shortages plaguing California

California officials extended week-long emergency warnings today as the state faced a fifth consecutive day of electricity shortages. The state was on the verge of instituting rolling blackouts on Thursday.

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Florida Supreme Court orders recount

The Florida Supreme Court this afternoon ordered an immediate manual recount of disputed ballots in Miami-Dade County, a ruling that gave Vice President Al Gore a major victory in his fight for the White House. The case stemmed from Gore’s ...

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Supervisor must learn to be coach to staffers

“I’ve been a manager for 30 years and I’ve seen many trends in business management come and go. You’ll have to pardon me if I sound a little cynical. Now I’m being told that I’m not a boss anymore, I’m ...

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It’s worth it to execute best friendly practices

How important is friendly? To me, if there are 100 qualities of a successful customer service person or salesperson, friendly is in the top three, and it may be the top one. — Friendly makes sales, and friendly generates repeat ...

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H.J. Meyers executive barred from securities work

A Securities and Exchange Commission ruling to bar former H.J. Meyers & Co. Inc. CEO James Villa from the securities industry for three years followed a settlement between the SEC and the local H.J. Meyers bankruptcy trustee. In addition to ...

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Anti-violence brochure gets national attention

Two local advertising professionals have managed to create an international stir with a brochure targeted at young men. It has been four months since it was first printed, but the brochure is already in its second edition, with more than ...

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New ’80s-format ration station creating a buzz here

A new radio station, the Buzz, playing tunes from the ’80s has Rochesterians riding a wave of nostalgia. But industry watchers are waiting for the station, WBZA-FM (98.9), to find its niche before placing any bets on its success. Entercom ...

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Tourism plan to tap city’s snowy image

Rochester’s cold and severe winter can have a chilling effect on the influx of tourists, but local officials are looking to turn its frosty image from a negative into an attraction. To bring more people to the city, the Greater ...

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Dot-com launches first site, now targets an IPO by 2002

A virtual Rochester marketplace was launched last week by iMarketsites LLC and the company still plans an initial public offering despite the cooling of the market for dot-coms. “There are over 2,500 local listings ranging from jobs, resumes, internships, free-lancing ...

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Merger and acquisition business increasing locally

Demand for local deal making is fueling the growth at several local financial and legal firms. Local deal makers have handled some of the area’s most significant merger and acquisition and fund-raising jobs in the past year including Pinnacle Software ...

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