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Today’s Top Stories

RG&E contains leak at Ginna

A “minor” leak detected Tuesday night at the Ginna nuclear power plant is now contained, officials at Rochester Gas and Electric Corp. reported today. The leak was found in one of two pressurizer safety valves at the Ontario, N.Y., power ...

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Federal Reserve keeps hands off interest rates

The Federal Reserve is leaving interest rates unchanged for now. The Fed’s policymaking Open Market Committee ended a two-day meeting in Washington this afternoon without making any announcement on rates. The decision leaves the federal funds rate at 5.25 percent.

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Enterprise Awards nominees sought

Arthur Andersen & Co. is looking for nominees for its Enterprise Awards for Best Business Practices program in Rochester. In its second year, the national program honors small and midsize companies in four categories: customer satisfaction, motivation and retention of ...

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Hammondsport wine wins honors Dr. Konstantin Frank’s Semi-Dry Riesling has won top honors at a trio of national wine competitions. The wine, from Vinifera Wine Cellars in Hammondsport, is the first wine from New York to win the highest award ...

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Enterprise Awards nominees sought

Arthur Andersen & Co. is looking for nominees for its Enterprise Awards for Best Business Practices program in Rochester. In its second year, the national program honors small and midsize companies in four categories: customer satisfaction, motivation and retention of ...

Read More »

The Loop

Maybe it was an out-of-body visit Hillary Rodham Clinton isn’t the only one channeling these days–the national news media is taking its own trip to the land of imaginary events. Last week, the New York Times reported–erroneously, it turns out–that ...

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Paychex posts record profit

Paychex Inc.’s earnings rose 34 percent for the fiscal year ended May 31, the company reported today. Net income reached a record $52.3 million, or 77 cents a share, up from $39 million, or 58 cents a share, the year ...

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Microlytics woes prompt layoffs

Layoffs at Microlytics Inc. last week have cut staff to slightly more than a dozen workers, as the software developer continues to struggle months after the resignation of its top executive. Reductions came primarily in marketing and support staff, a ...

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B&L restructures;
18 posts cut here

As part of its ongoing restructuring efforts, Bausch & Lomb Inc. plans to eliminate 18 positions in its Rochester-based Thin Film Technology Division, six of whom are taking voluntary separations. The remaining 12 are to be laid off effective July ...

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Kodak makes BW’s Global 100 Eastman Kodak Co. is the only hometown company to make this year’s Business Week Global 100 list, which ranks public companies worldwide by market value. It claimed the 81st spot, up from 87th a year ...

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B&L restructures;
18 posts cut here

As part of its ongoing restructuring efforts, Bausch & Lomb Inc. plans to eliminate 18 positions in its Rochester-based Thin Film Technology Division, six of whom are taking voluntary separations. The remaining 12 are to be laid off effective July ...

Read More »

Microlytics woes prompt layoffs

Layoffs at Microlytics Inc. last week have cut staff to slightly more than a dozen workers, as the software developer continues to struggle months after the resignation of its top executive. Reductions came primarily in marketing and support staff, a ...

Read More »

Paychex posts record profit

Paychex Inc.’s earnings rose 34 percent for the fiscal year ended May 31, the company reported today. Net income reached a record $52.3 million, or 77 cents a share, up from $39 million, or 58 cents a share, the year ...

Read More »

The Loop

Maybe it was an out-of-body visit Hillary Rodham Clinton isn’t the only one channeling these days–the national news media is taking its own trip to the land of imaginary events. Last week, the New York Times reported–erroneously, it turns out–that ...

Read More »

OTC stocks lead
way in 2nd quarter

The bull continued to hold off the bear in local stock action during the second quarter. On the whole, Rochester’s smaller fry did better than their larger counterparts. As a group, Rochester’s AMEX and NYSE firms gained 2 percent over ...

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