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Daily Archives: October 7, 2004

Logisoft to create jobs with spin-off

Logisoft Corp. Thursday launched a spin-off company, WordStalker, to be housed at the company’s office in Fairport. A search engine optimization and registration firm, WordStalker is expected to create 10 to 20 local jobs this year.

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Kohl’s overall sales grow in September

Kohl’s Corp.—which opened its first three stores in the Rochester market on Thursday—reported a sales jump in September, attributable to its new outlets.

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Bank of America to cut more jobs

Bank of America Corp. will make further cuts to its work force, eliminating another 4,500 positions—or 2.5 percent of its employee base—during the next six months. Bank officials would not say Thursday how many Rochester-area workers will be affected.

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September home sales up a third

September home sales in the Rochester region rose 31.5 percent over a year ago, from 992 to 1,304, the information subsidiary of the Greater Rochester Association of Realtors Inc. reported Thursday.

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Kodak, Sun settle patent dispute

Eastman Kodak Co. confirmed Thursday evening that it had reached a tentative out-of-court settlement with Sun Microsystems Inc. in Kodak’s $1 billion patent claim. While it did not admit or deny the allegations in the legal action, Sun agreed to ...

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WEDNESDAY, OCT. 13 Premier Professionals Chapter of Business Network International Meeting—Free—7 – 8:30 a.m.—Hawthorne’s Restaurant, 3500 East Ave.—Visitors are welcome—Also offered Oct. 20—Call Sue Cook at (315) 986-2444 for additional information. The Green Drivers Chapter of Business Network International Meeting—Free—7 ...

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Will a married Tiger Woods get tied up in knots?

Ernie Els may have won the World Golf Championships last weekend in Ireland, but the big news around the golf world earlier this week was that Tiger Woods and his fiancee, Elin Nordegren, were about to tie the knot. The ...

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Kodak, Sun settle patent dispute

Eastman Kodak Co. confirmed Thursday evening that it had reached a tentative out-of-court settlement with Sun Microsystems Inc. in Kodak’s $1 billion patent claim. While it did not admit or deny the allegations in the legal action, Sun agreed to ...

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Education Department tells schools to watch for possible terrorist activity

The Education Department has advised school leaders nationwide to watch for people spying on their buildings or buses to help detect any possibility of terrorism like the deadly school siege in Russia, AP reported. The warning follows an analysis by ...

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Weather in September slows retail sales

Top U.S. retailers, including Wal-Mart Stores Inc., reported lackluster September sales on Thursday as warm weather and the string of hurricanes that battered the East Coast dampened buying, Reuters reported. The soggy September sales prompted many retailers to curb their ...

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Interest rates climb on 30-year, 15-year mortgages

Interest rates on U.S. 30-year and 15-year mortgages edged higher this week amid signs the economy is improving, mortgage finance company Freddie Mac said on Thursday. U.S. 30-year mortgage rates rose to an average of 5.82 percent in the week ...

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New applications for unemployment benefits tumble

The number of new applications filed last week for unemployment benefits fell sharply, offering a hopeful sign that the recovery in the job market may be gaining some steam, the Labor Department reported Thursday. The number of new people signing ...

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September home sales up a third

September home sales in the Rochester region rose 31.5 percent over a year ago, from 992 to 1,304, the information subsidiary of the Greater Rochester Association of Realtors Inc. reported Thursday. Sales were down 12.7 percent from August, from 1,493 ...

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Bank of America to cut more jobs

Bank of America Corp. will make further cuts to its work force, eliminating another 4,500 positions—or 2.5 percent of its employee base—during the next six months. Bank officials would not say Thursday how many Rochester-area workers will be affected. The ...

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