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Yearly Archives: 2006

GRE overcomes early turf clashes to win support in role to woo firms

Greater Rochester Enterprise Inc. appears to have found its focus as a marketing entity for the region after frequently treading on local economic development agencies’ turf in its early years. In a sign of that smoother relationship, Monroe County this ...

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Torvec leaders shoot for moon with NASA study

What began as a global commercialization goal could become extraterrestrial for Torvec Inc. The development-stage automotive technology company this month was hired by the National Aeronautics and Space Administration to conduct a feasibility study into the possibility of integrating six ...

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Business lights up for Brighton firm

As 2006 draws to a close, Fibertech Networks LLC is wrapping up a year of solid growth, President and CEO John Purcell said. In the first 11 months, the Brighton firm recorded billings of $41 million, up $11 million, or ...

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Q4: William McKee, manager, corporate public relations, Xerox Corp.

Q: Former Xerox Corp. chairman and CEO Peter McColough died last week. What were his biggest contributions to Xerox’s business? A: Mr. McColough shepherded the growth of Xerox from a small company in Rochester to one of the giants of ...

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Chechen claims supercharged powers

Lechi Vataev, a Chechen refugee in Russia, can pass 220-volt electricity through his body and live to tell the tale. Vataev says he discovered his unique ability when he was younger as he could easily touch electricity-charged plugs. Now he ...

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Xerox products win awards

Xerox Corp. earned nine awards for its color printers and multifunction products from two independent test and research organizations, the document company announced Thursday. In its 2007 Color Copier Guide, Better Buys for Business awarded five top Editor’s Choice designations ...

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B&L receives NYSE listing extension

Bausch & Lomb Inc. has received an additional extension for continued listing and trading on the New York Stock Exchange, the company said today. The extension, which is subject to review by the NYSE on an ongoing basis, gives Bausch ...

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Consumer optimism slips

U.S. consumer sentiment slipped in December but was not far from the year’s highs, a report said on Friday, suggesting Americans were guardedly optimistic about the economy in the holiday season. The University of Michigan said its consumer sentiment index ...

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News Corp. reaches deal with Liberty Media

News Corp. said on Friday it has agreed to swap its controlling interest in DirecTV Group Inc., other assets and cash for Liberty Media’s $11 billion stake in News Corp., securing Rupert Murdoch’s control of his media empire, Reuters reported.

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Income, spending rise in November

U.S. core consumer prices were surprisingly unchanged in November, while incomes and spending rose modestly and durable goods orders outside transportation dipped, government reports showed on Friday, Reuters reported.

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Toyota could become top automaker in 2007

Toyota Motor Corp. expects to produce a record 9.42 million vehicles next year, a 4 percent rise that should take it past General Motors Corp. as the world’s biggest automaker, Reuters reported. The Japanese firm marks its 70th anniversary in ...

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Report: Worker confidence in N.Y. falls in November

Fewer workers in New York were confident about the strength of the economy and job availability in November, a Harris Interactive Inc. report for Spherion Corp. shows. The New York Employment Report shows employee confidence fell 6.6 points to 53.8 ...

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City, Italian province ink agreement on Midtown

The city of Rochester and the Italian province of Parma have signed a “protocol agreement” to explore development of a “Made in Italy” shopping center in Midtown Plaza, sources say. Project backers envision transforming Midtown into an emporium featuring scores ...

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Lucid claims voting machine firm owes it cash

Diebold Election Systems Inc. shortchanged a local firm by more than a half-million dollars in its 2002 sale of its voting machine business, a Henrietta company claims. Lucid Inc. sold its AccuVote OS optical vote-scanner business to Diebold Election Systems ...

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VanLab, seller of flavorings, gets acquired

A small Rochester company that makes vanilla flavoring has been sold to a Chicago-based firm that is part of an international food producer in Ireland. David Patton said he had sold his company, VanLab Corp., last month for an undisclosed ...

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