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Daily Archives: June 12, 2008

Renaissance Square public meeting, workshop set

Main & Clinton Local Development Corp., administrator of the proposed $230 million Renaissance Square development, meets Tuesday at 8:30 a.m. at the Hyatt Regency Rochester on East Main Street.

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Kodak says Drupa exceeded expectations

Eastman Kodak Co. said the 2008 Drupa was a “hugely successful event” for the company. Kodak’s graphic communications group took hundreds of orders, delivered thousands of demonstrations and logged more than 10,000 qualified leads, company officials said.

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FRIDAY, JUNE 13 Rochester Professional Consultants Network Meeting—“Gadgets Galore!”—Presenters: Emily Carpenter, Barbara Moore and Linda McQueen—$5 for members, $8 for non-members—7:45 a.m.—Brighton Town Hall, 2300 Elmwood Ave.—Call Carol McManus at 248-3886 for additional information. MONDAY, JUNE 16 RochesterWorks! Job Network ...

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RF Communications gets $42M order from U.S. Army

Harris Corp.’s RF Communications division in Rochester has received a $42 million order to provide high-frequency vehicular radio capabilities to the U.S. Army for mine- resistant, ambush-protected vehicles.

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KeyCorp cuts dividend, stock plummets

Shares of KeyCorp, parent of KeyBank N.A. in the Rochester area, were down 20 percent Thursday upon news the Cleveland-based financial institution will raise $1.5 billion of additional equity capital and cut dividends in half beginning with the third quarter.

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Cuomo takes legal action against pharmacies

State Attorney General Andrew Cuomo is taking legal action against at least 142 CVS Caremark Corp. and 112 Rite Aid Corp. pharmacies statewide, including 28 in the Rochester region, for selling expired products, his office announced Thursday.

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State honored for Rochester bridge

New York was honored with America’s Transportation Award in recognition of the Frederick Douglass-Susan B. Anthony Bridge replacement project in Rochester, the state Department of Transportation announced Thursday.

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Lawyer for bin Laden driver wants charges dismissed

A lawyer for Osama bin Laden’s former driver said Thursday he would try to stop the first scheduled war-crimes trial at Guantanamo Bay now that the Supreme Court says detainees have constitutional rights, Reuters reported. A ruling Thursday said detainees ...

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Corn hits record; soy rallies

Corn prices soared to record highs on Thursday as flooding damaged crop prospects in the Midwest, Reuters reported. Torrential rains have swept across the Midwest resulting in floods that have destroyed thousands of acres of corn and soybeans.

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United to charge $15 for first checked bag

Baggage fees are fast becoming an unavoidable part of U.S. flying — the largest two carriers now charge $15 for a first checked bag, AP reported. United Airlines announced its new fee on Thursday, three weeks after American Airlines set ...

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Retail sales climb by largest amount in 6 months

The Commerce Department reported Thursday that retail sales soared 1 percent last month, the biggest increase since November, AP reported. Some 57 million economic stimulus payments helped offset the headwinds buffeting consumers.

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Lehman Bros. sacks CFO, COO

Lehman Bros. Holdings Inc. shook up its management Thursday, removing two top executives in a concession that attempts to quell Wall Street anger over recent losses have failed, AP reported. Chief Financial Officer Erin Callan and Chief Operating Officer Joseph ...

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