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Daily Archives: May 16, 2008

RIT innovation + creativity = competitiveness

Here’s a bit of good news to all the Rochesterians who are concerned about New York’s ability to compete in the global economy. Take a deep breath and relax. The nearly 20,000 people who had the good fortune to take ...

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Cloud over upstate

Only a few days after being sworn in as governor, David Paterson visited Rochester and then went to Buffalo, where he reaffirmed his commitment to Upstate New York and announced that the state’s lead economic development agency-Empire State Development-would establish ...

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SNAP POLL: Majority opposes state law requiring paid family leave

Majority opposes state law requiring paid family leave Nearly two-thirds of RBJ Daily Report Snap Poll respondents this week said they are against New York enacting a law mandating that companies offer 12 weeks of paid family leave, funded by ...

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Be aware of liability, push advisers to take responsibility

The headlines that followed February’s decision by the U.S. Supreme Court to allow individual participants in 401(k) plans to sue to recover losses have focused primarily on the 70 million people who participate in such plans. But at least as ...

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Social and environmental investing evolves, yields returns

It used to be that in order for investors to achieve the balance between their hearts and their wallets, they would have to sacrifice competitive investment returns. Today, numerous investment options combining social responsibility with fiscal prudence are available. A ...

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Credit crunch forces caution, hurts small-business loans

James Pavone shopped at three banks to help finance Installers Warehouse Inc., a hardwood flooring distribution firm that launched in January. “One of the three responded within the first 14 days,” says Pavone, who owns Installers Warehouse. “We kind of ...

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Expansion in high-tech world demands forethought

As banks try to increase their customer base in a high-tech environment, the decision to add branches has become even more problematic-particularly in areas such as Rochester and Western New York where population growth is virtually stagnant. The popularity of ...

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Designing meaningful gift baskets is her joy

While working as an administrative assistant in a dental office some years ago, Melanie Plummer remembers a gift basket arriving. She looked it over and thought what she might have done if she had put it together. Such a project ...

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Building a success story

Quincy Allen can thank his mother, Annie, for prompting him toward a career path that has led to a top spot at Xerox Corp. After growing up in the Boston area, Allen attended college there-commuting from his family home-and had ...

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$5M project eyes townhouses for high-end buyers

Tudor-style townhouses are slated for construction as part of a $5 million project at the corner of Barrington Street and Park Avenue. Michael Donoghue is the developer behind Barrington on the Park. Two months ago he received approval to start ...

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UR unveils new $110 million laser facility

After five years of design and construction, the $110 million Omega EP laser facility will be unveiled today at the University of Rochester’s Laboratory for Laser Energetics. The Omega EP will be used toward attaining sustainable fusion, a source of ...

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Report warns of turnover

Many local non-profit organizations are unprepared for a coming wave of retirements of their chief executives, a new survey shows. A report by the Pittsford-based Center for Community Engagement shows nearly two-thirds of the CEOs of 71 small to midsize ...

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IRS rejects push to nix extra costs

The Internal Revenue Service says it will fight the Sands family’s attempts to escape fines and penalties the agency leveled against the wealthy Brighton clan for allegedly trying to improperly shave tens of millions of dollars off its tax bills. ...

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URMC dedicates Wilmot center

The University of Rochester Medical Center on Thursday held dedication ceremonies for its new James P. Wilmot Cancer Center. The four-story, 164,000-square-foot building at Crittenden Boulevard and East Place has been planned as the centerpiece of a $65 million plan ...

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Nominees for IT award selected

The Association for Women in Computing, Upstate New York Chapter has chosen its nominees for IT Woman of the Year. The eight nominees for the 2008 award are: –Sylvia Cadena, Blue Heron Consulting Inc.; –Lynn Garski, EDS Corp.; –Sharon Martinez, ...

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