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Today’s Top Stories

Accounting firm denies RGRTA claim Arthur Andersen LLP intends to defend itself against any litigation filed by the Rochester-Genesee Regional Transportation Authority related to the disappearance of $1 million in bus-company funds. “Because of pending litigation, we are unable to ...

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ICS/Executone lands
deal with DEA

Crime might not pay, but helping fight crime will pay off for a Rochester telecommunications company. ICS/Executone Telecom Inc. has won a contract with the Drug Enforcement Agency’s High Intensity Drug Trafficking Area task force.

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HMOs suffer
few complaints

Preferred Care had the best consumer-complaint record of any insurance plan in New York last year, and Blue Choice was not far behind, according to a report released this week. In 1995, three complaints were filed against Preferred Care.

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Market gives
B&L a boost

In response to a federal lawsuit filed against it by state Attorney General Dennis Vacco, Bausch & Lomb Inc. issued a response that made the following points: “Contact lenses are regulated medical devices available only by prescription.

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Fourth-quarter profit to plummet

Bausch & Lomb Inc. today poured saline on its own wounds, disclosing that it expects drastically reduced fourth-quarter earnings following canceled orders from its biggest sunglasses customer. The order cuts from the Miami, Fla.-based Sunglass Hut Corp.

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Suit looms over
RTS accounting

The Rochester-Genesee Regional Transportation Authority says it plans to take Arthur Andersen LLP to court in the wake of the disappearance of $1 million in cash from bus-company coffers. Donald Riley, CEO of the authority, also announced new internal and ...

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U.K. approval
boosts ACC

Two area long-distance companies expect to save millions of dollars annually after being among the first companies in the world to get government approval to own transmission lines in the United Kingdom. The U.K. license, granted to 44 telecommunications companies ...

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U.K. approval
boosts ACC

Two area long-distance companies expect to save millions of dollars annually after being among the first companies in the world to get government approval to own transmission lines in the United Kingdom. The U.K. license, granted to 44 telecommunications companies ...

Read More »

Suit looms over
RTS accounting

The Rochester-Genesee Regional Transportation Authority says it plans to take Arthur Andersen LLP to court in the wake of the disappearance of $1 million in cash from bus-company coffers. Donald Riley, CEO of the authority, also announced new internal and ...

Read More »

Start-Up Resource Award deadline looms The deadline for applications to receive a Start-Up Resource Award, available to small businesses owned by a minority, woman, or person with a disability, is Friday, Dec. 20. Call the Greater Rochester Metro Chamber of ...

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Fourth-quarter profit to plummet

Bausch & Lomb Inc. today poured saline on its own wounds, disclosing that it expects drastically reduced fourth-quarter earnings following canceled orders from its biggest sunglasses customer. The order cuts from the Miami, Fla.-based Sunglass Hut Corp. will help drive ...

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B&L’s Sassano to
run vision-care

Bausch & Lomb Inc. has consolidated management responsibility of its entire vision-care business under a single executive. Carl Sassano, currently senior vice president and global business manager of Bausch & Lomb Vision Care, has been promoted to executive vice president ...

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Ireland to get
Advantix film plant

Eastman Kodak Co. is developing quite an Irish brogue. The company today announced plans to build a second factory in the European country. Kodak expects to construct the film-finishing factory to supply Kodak Advantix film cassettes for the company’s new ...

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RCSB forecasts
rising profits

RCSB Financial Inc. today released a preliminary earnings statement for fiscal 1996 showing a 5 percent rise over the previous year. RCSB Financial is the holding company for Rochester Community Savings Bank. The firm said it expects to report net ...

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Village Green losses continues

The Village Green Bookstore Inc. recorded a net loss of almost $500,000 for the third quarter ended Oct. 27. The shortfall brings the loss for the first nine months of the fiscal year to $1.6 million, or 44 cents a ...

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