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Today’s Top Stories

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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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 »

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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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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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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DeCarolis Truck merges with DeLuxe Leasing DeCarolis Truck Rental Inc. has merged DeLuxe Leasing Inc. of East Syracuse into its Storage Trailer Division. With the merger, DeCarolis officials said, it becomes largest on-site storage trailer rental company in Upstate New ...

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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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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 ...

Read More »

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 ...

Read More »

Bad news on revenues
sinks Frontier stock

Disappointing news about Frontier Corp.’s long-distance telephone revenues caused the company’s stock to plummet today. Frontier stock fell some 20 percent to $20.75 a share, down from Monday’s close of $26.38. The stock’s fall came after Frontier announced it expected ...

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