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Special Report

GAO expands
online access

The Government Printing Office and the General Accounting Office have teamed up to make it easier for the public to access federal-government information online. The GAO data base now is available free of charge around-the-clock through the GPO Access service’s ...

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PC cost does not
end with purchase

The cost of owning computers, however, does not end at the cash register. Computer experts say the capital costs of buying computer hardware accounts for just a fraction of total computer expenses. An ongoing study by the Gartner Group Inc., ...

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At home or at the office, computers go to work

For some local executives, personal computers are blurring the line between office and home. Like Merrill, manager of new product development for Rochester Telephone Corp., a subsidiary of Frontier Corp., they are discovering they no longer need to stay late ...

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Of machines
and men

For better or worse, information technology–from voice mail to e-mail to networked computers–has transformed the workplace. Hardly a shocking revelation. The surprise, however, is this: While corporate America heartily embraces the hardware, it often neglects the softer side of this ...

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On telecommunications through visionary eyes

Together, the telecommunications and information industries are now the biggest part of our economy. Bigger than cars. Bigger than food. Bigger than housing. Telecommunications alone constitutes more than 2 percent of the entire GNP. These industries have exploded in recent ...

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Avoid tenant turkeys
with careful screening

Whatever their experience and situation, however, they all must cope with one of the most important aspects of being a landlord: selecting tenants. And that means finding and screening tenants. If they do a poor job, they may have horror ...

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Towns, developers at odds over impact fees

The issue is not so much the cost of bricks, lumber and plumbing supplies, experts say. Rather, it is what is commonly referred to as impact fees, those often invisible–and, developers say, unfair–costs of mitigating a new development’s impact on ...

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Airport development lags
while airlines switch gears

What’s in a name? As far as the Greater Rochester International Airport is concerned, apparently not much. Revamped and renamed some five years ago, the facility remains closer in spirit to its former, more parochial tag: the Monroe County Airport. ...

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Self-policing signals
securities-industry change

In Washington, D.C., Securities and Exchange Commission chairman Arthur Levitt Jr. instituted an initiative against rogue brokers and took a tenaciously pro-customer, consumer-protective stance. Also in Washington, the U.S. Supreme Court ruled that New York investors who commence arbitrations against ...

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Life-insurance trust useful
as tool to save estate tax

In general, the federal and New York estate-tax systems work on a simple principle: If you own or control property, it will be subject to estate tax when you die. The rates are high: Federal estate-tax rates start at 37 ...

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New FNB branch
gets time capsule

First National Bank of Rochester this week buried a time capsule at the site slated for its newest branch office, at Paul Road and Chili Avenue in the town of Chili. The historic site is the former home of the ...

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Proposal targets
ATM safety

State Attorney General Dennis Vacco last week announced proposed legislation setting uniform security standards for automated teller machines, and imposing harsher penalties for ATM-related violent crimes. “ATM banking has become a routine convenience for millions of New Yorkers. Unfortunately, it ...

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Fleet group
nets SBA mark

Fleet Financial Group Inc. has become the nation’s first financial institution to receive the U.S. Small Business Administration’s “Regional Preferred Lender” designation. Fleet was awarded the newly created designation following a comprehensive evaluation of its past SBA lending activities, underwriting ...

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Women profit from life-cycle investment planning

–At 20, you’ve chosen a profession, vowing to give it your all. You probably have a part-time job, a new car and an apartment. Overall, your investment program needs to be geared toward growth. The formula is to take your ...

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Innovative ideas
snag venture capital

MIKE DICKINSON In 1982, Gordon Presher and three colleagues devised an innovative way to provide precision computer-motion control for automated manufacturing. These would-be entrepreneurs figured it would cost a half-million dollars to bring their product idea to market. Presher and ...

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