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Today’s Top Stories

Local stocks caught
in falling markets

Battered by last week’s volatile market, stocks of local firms–including some that plan to roll out second-quarter earnings this week–continue to take a beating. At midday, all major indexes were down sharply. The market bottomed out last Tuesday, when the ...

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Local stocks caught
in falling markets

Battered by last week’s volatile market, stocks of local firms–including some that plan to roll out second-quarter earnings this week–continue to take a beating. At midday, all major indexes were down sharply. The market bottomed out last Tuesday, when the ...

Read More »

RIT receives $3 million gift

The estate of Maurice R. Forman has bequeathed $3 million to Rochester Institute of Technology’s College of Business following the death of Forman’s widow, Maxine. The gift is one of the largest in the college’s history and the largest from ...

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Nu-kote celebrates expansion

Rep. Louise Slaughter and a host of other government officials joined Nu-kote International Inc. Saturday to celebrate the end of a two-year expansion project at Nu-kote’s Ridgeway Avenue plant. Nu-kote has pumped nearly $4 million into new equipment and employee ...

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Marking a milestone at Nu-kote

(The following remarks by Nu-kote International Inc. Chairman and CEO David Brigante were on Saturday, July 20, at a ceremony to celebrate the expansion of Nu-kote’s Ridgeway Avenue plant.) Welcome to Nu-kote and today’s open house here in Rochester.

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Hudson seeks partnership interests Hudson Hotels Corp. has offered to buy the remaining partnership interest in six limited partnerships that own hotels Hudson co-owns and manages. The company intends to use 900,000 shares of common stock to acquire the partnership ...

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Web Sights

Technology is affecting business in ways even George Orwell could not have imagined. Gary Johnson’s Brave New Work World is a site dedicated to exploring technology’s impact on the world of work. This site still is under development, but its ...

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Web Sights

Technology is affecting business in ways even George Orwell could not have imagined. Gary Johnson’s Brave New Work World is a site dedicated to exploring technology’s impact on the world of work. This site still is under development, but its ...

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Vasile charged with insider trading

Federal prosecutors this week charged Pittsford contractor Kenneth Vasile with insider trading. Vasile, 46, is president of Vasile Construction Co. of Rochester. He had been implicated in a Rochester Community Savings Bank insider-trading case orchestrated by former Gannett Co.

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Student Loan
reports gain

Student Loan Corp. reported a 14 percent profit gain for its second quarter, chalking up $16.1 million, or 80 cents a share, for the period ended June 30. The firm attributed a rise in core income to the growth of ...

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Student Loan
reports gain

Student Loan Corp. reported a 14 percent profit gain for its second quarter, chalking up $16.1 million, or 80 cents a share, for the period ended June 30. The firm attributed a rise in core income to the growth of ...

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Vasile charged with insider trading

Federal prosecutors this week charged Pittsford contractor Kenneth Vasile with insider trading. Vasile, 46, is president of Vasile Construction Co. of Rochester. He had been implicated in a Rochester Community Savings Bank insider-trading case orchestrated by former Gannett Co. Inc. ...

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Blues promote Bonino

Blue Cross and Blue Shield of the Rochester Area has promoted Patricia Bonino to executive vice president and chief operating officer of the Group Health Medical Centers. The position was created to more closely reflect Bonino’s job responsibilities, according to ...

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Blues promote Bonino

Blue Cross and Blue Shield of the Rochester Area has promoted Patricia Bonino to executive vice president and chief operating officer of the Group Health Medical Centers. The position was created to more closely reflect Bonino’s job responsibilities, according to ...

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B&L donates Olympics travel packages to Republicans Bausch & Lomb Inc. donated several dozen Olympics travel packages to the Republican National Committee to use as thank-you gifts for large contributors, according to the Associated Press. Bausch & Lomb declined to ...

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