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Daily Archives: August 9, 2001

Electricity use hits record, RG&E says

The Rochester area set a new peak-consumption record for electricity use Thursday. At 4 p.m., Rochester Gas and Electric Corp. said, its customers had used 1.54 million kilowatts of electricity, surpassing the previous peak-usage figure of 1.53 million kilowatts. The ...

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FRIDAY, AUG. 17 RochesterTraining.com—“Executive Leadership III: The Art of Continual Renewal”—Presenter: Michael A. Knaus & Associates—$495—9 a.m. – 4 p.m.—Location TBA—Call Claire Brown, program manager, at 263-3656 to register. RochesterTraining.com—“It’s All About Respect: Comprehending Diversity in the Workplace”—Presenter: Radiant Star ...

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Former Xerox exec named Torvec CEO

Torvec Inc. has appointed Michael Martindale as CEO. Martindale formerly held senior positions at Xerox Corp. and Digital Equipment Corp. He has worked in product development, manufacturing, supply-chain management and product service. Torvec develops technologies that increase transportation safety, mobility, ...

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Ultralife revenues, loss rise

Both revenues and red ink climbed during the fourth quarter at Ultralife Batteries Inc. The firm, based in Newark, Wayne County, logged revenues of $6.2 million for the quarter ended June 30, up 15 percent from a year ago. Its ...

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Bankruptcy filings continue to grow

Local bankruptcies last month totaled 399, 37 percent higher than the 291 filed last July. Through seven months this year, 2,942 individuals and businesses filed bankruptcies here compared with 2,209 a year ago. Much of the 33 percent rise came ...

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Mpower beats Street expectations

Mpower Communications Corp. saw a sharp increase in second-quarter revenues and topped Street estimates for its earnings. The firm logged revenues of $49.7 million, up 61 percent from a year ago and up 7 percent from the first quarter. Mpower ...

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Mpower beats Street expectations

Mpower Communications Corp. saw a 61 percent increase in second-quarter revenues and topped Street estimates for its earnings. The firm posted a loss of $252,364, or $4.32 a share. First Call/Thomson Financial reported that analysts had expected a loss of ...

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Bankruptcy filings continue to grow

The trend of increased Rochester-area bankruptcy filings continued last month. Local bankruptcies in July totaled 399, down from the 381 filed in June but 37 percent higher than the 291 filed last July. Through seven months, 2,942 individuals and businesses ...

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Ultralife revenues, loss rise

Both revenues and losses climbed during the fourth quarter at Ultralife Batteries Inc. The firm, based in Newark, Wayne County, logged revenues of $6.2 million for the quarter ended June 30, up 15 percent from a year ago. Its net ...

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Former Xerox exec named Torvec CEO

Torvec Inc. has appointed Michael Martindale as CEO. Martindale formerly held senior positions at Xerox Corp. and Digital Equipment Corp. “We are delighted that we were able to attract an executive of Michael’s caliber,” said Keith Gleasman, Torvec president. “We ...

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Heat wave smothers Northeast, Midwest

Residents throughout the Northeast and parts of the Midwest battled oppressive heat for the fifth straight day. The temperature was expected to reach 100 degrees in many areas.

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Toyota to spend $7.8 billion on diversity

The U.S. arm of Toyota Motor Corp. today pledged $7.8 billion over 10 years toward increasing business with minority suppliers and hiring more minority employees. The deal is part of an agreement Toyota reached in June with the Rev. Jesse ...

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Suicide bomber kills 18 in Israel

A Palestinian suicide bomber today killed 18 people, including six children, and wounded another 90 in a Jerusalem restaurant packed with families, Israeli officials said. The Islamic Jihad group claimed responsibility for the attack in a statement faxed to Reuters ...

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Bush makes decision on stem cell research

President Bush plans to tell the nation tonight whether he will allow federal funding for embryonic stem cell research, taking a stand the divisive issue. Bush will deliver a nationally televised speech of eight to 10 minutes beginning at 9 ...

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Deaths on the gridiron come as little surprise

Rashidi Wheeler, Eraste Autin and Korey Stringer have been buried and we are happy to report that—as of this writing anyway—no other football players have dropped dead. That in itself is pretty amazing news, given the mentality that has been ...

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