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Yearly Archives: 2000

New York to lose two seats in Congress

New York will lose some political clout. The U.S. Census Bureau Thursday unveiled its first results from this year’s national head count. The census will be used to reassign the 435 House seats among the states. New York officials determine ...

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Violence erupts; summit hopes dashed

A bomb exploded on a bus in the Israeli city of Tel Aviv, injuring some 14 people in a new outbreak of violence. A planned peace summit in Egypt scheduled for today was canceled when Israeli Prime Minister Ehud Barak ...

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Nestle looks to scoop up Haagen-Dazs

Nestle SA, the world’s largest food company, is in talks with General Mills Inc. to gain control of a venture for Haagen-Dazs ice cream in the U.S. in a deal reportedly worth $650 million. Analysts expects Nestle to try to ...

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Gannett CEO to sell shares

The CEO of Gannett Co. Inc., which publishes the Democrat and Chronicle here, plans to sell more than $3 million worth of stock. Douglas McCorkindale has exercised an option for 51,175 common shares and plans to sell the stock, which ...

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Greece among safest U.S. communities

The town of Greece has been named the seventh-safest city in the nation, while Rochester ranks as the 85th most dangerous city. The Erie County community of Amherst ranked as the safest city, while Detroit was declared the country’s most ...

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X-Ramp buys Timely Information

X-Ramp.com Inc., an online classified site host, business incubator operator and application service provider, today acquired a local competitive telecommunications firm. X-Ramp purchased 100 percent of the outstanding shares of Timely Information Corp. in a stock exchange agreement. Timely Information ...

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Gannett CEO to sell shares

The CEO of Gannett Co. Inc., which publishes the Democrat and Chronicle here, plans to sell more than $3 million worth of stock. Douglas McCorkindale has exercised an option for 51,175 common shares and plans to sell the stock, which ...

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FedEx plans 2001 rate hike

FedEx Corp., the largest air express package shipper, today said its Federal Express unit will raise rates by an average of 4.9 percent for shipments in the United States as of Feb. 1. Its U.S. export shipment rates will rise ...

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X-Ramp buys Timely Information

X-Ramp.com Inc., an online classified site host, business incubator operator and application service provider, Wednesday acquired a local competitive telecommunications firm. X-Ramp purchased 100 percent of the outstanding shares of Timely Information Corp. in a stock exchange agreement.

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Greece among safest U.S. communities

The town of Greece has been named the seventh-safest city in the nation, while Rochester ranks as the 85th most dangerous city. The seventh annual Safest Cities Award was announced today by Morgan Quitno Corp. The Erie County community of ...

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Not enough jingle in retailers’ Christmas

Consumers flocked to the stores just before Christmas, but the last-minute flurry did not compensate for a pre-holiday shopping dry spell, the Redbook Retail Sales reported today. Adjusted retail sales were flat during the four weeks of December compared with ...

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Palestinians say peace plan unacceptable

The Palestinian Authority said it could not accept U.S. proposals for a peace deal with Israel. The decision comes on the eve of a summit between Palestinian President Yasser Arafat and Israeli Prime Minister Ehud Barak.

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Big Three stir little interest in market

Despite an up day for the stock markets overall, the Big Three largely continue to languish. Bausch & Lomb Inc. Wednesday closed down nearly 3 percent at $39.56. Xerox Corp. rose 13 cents to $5, and Eastman Kodak Co. added ...

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Hundreds die in disco fire in China

A Christmas Day fire killed 309 revelers at a disco party in the Chinese city of Luoyang, Xinhua news agency said. Seven others were injured in one of China’s deadliest infernos in recent years.

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Home Properties sells preferred stock

Home Properties of New York Inc. has completed the sale of $30 million of series E preferred stock through a private transaction with affiliates of Prudential Real Estate Investors and Teachers Insurance Annuity Association. Both invested in Home Properties’ series ...

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