- Klein Steel names new president
Klein Steel Service Inc. has a new president. Todd Zyra replaces retired Army Maj. Gen. John Batiste, who has been named president and CEO of Buffalo Armory LLC, a Buffalo-based company co-owned by Batiste and Klein Steel chairman and CEO Joseph Klein.
- Xerox inks deal to acquire German firm
Xerox Corp. on Friday said it had signed an agreement to acquire Germany-based Invoco Holding GmbH, expanding its European customer care services.
- NY Green Bank gets $210 million in funding
Gov. Andrew Cuomo Friday announced $210 million in initial funding for NY Green Bank. The funding will be used to kick-start clean energy development, to foster job growth and to help communities become more sustainable.
- Home Properties buys Mass. apartments for $40.3M
Home Properties Inc. has purchased the Middlesex Crossing apartment community in Billerica, Mass., for $40.3 million in cash.
- City grant, loan aid redevelopment on Vick Park A
A Rochester-area real estate agent is developing a building in the city with the help of a grant and low-interest loan approved by City Council this week.
- City commissioner hired for Greece post
Paul Holahan, commissioner of the Department of Environmental Services for the city of Rochester since 2006, has been appointed finance director for the town of Greece, officials said Friday.
- First Niagara names Crosby as CEO
First Niagara Financial Group Inc. has elevated Gary Crosby to president and CEO after nine months of interim service, the Buffalo-based bank announced Thursday.
- Rochester region sees increase in jobs in November
The Rochester metro area economy continued to improve in November, with an increase in the number of nonfarm and private-sector jobs, the state Department of Labor reported Thursday.
- IEC shares fall after Q4 loss on charge
IEC Electronics Corp. Thursday reported a multimillion dollar fourth-quarter loss, due largely to a goodwill impairment charge related to its Southern California Braiding Co. operation.
- Xerox to move some operations from China to Canandaigua
The state on Thursday announced a partnership between Xerox Corp. and the SUNY College of Nanoscale Science and Engineering’s Smart System Technology & Commercialization Center to relocate high-tech manufacturing operations from China to the center in Canandaigua.
- No local TV for Bills game against Dolphins
The Buffalo Bills’ home game Sunday against Miami did not sell out as of noon Thursday and will be blacked out on local television.
- URMC receives $2.1M grant for project
The University of Rochester Medical Center has been awarded $2.1 million for a project studying how to reduce disparities and improve empowerment among HIV patients.
- Hill to lead Nazareth's School of Education
Nazareth College of Rochester has named a longtime faculty member and interim dean of its School of Education into the dean’s position permanently.
- Black Button Distilling to hold launch
Black Button Distilling plans to launch for one day Saturday with its first batch of 800 bottles of wheat vodka for sale at its Railroad Street location, company officials said this week.
Most readers favor minimum wage hike|
Fifty-five percent of respondents to this week's RBJ Daily Report Snap Poll favor an increase in the federal minimum wage to $10.10 an hour, up from the current minimum of $7.25, which has been in effect since July 2009. But 19 percentage points of the support is qualified by a requirement that the hike be paired with tax relief for small businesses.
After 75 years, it's time to reform overtime laws|
The Fair Labor Standards Act should be amended to add two safe harbors
Striking a balance|
Let's hope that when Gov. Andrew Cuomo outlines his plans in the upcoming State of the State address, he will aim for the right mix of rate relief, simplicity and fairness.
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- See the best bets for things to do this week in Rochester. Plus, the complete Explore listings.Rick Woodson - 1940-2013. Learn about the life and career of RBJ's longtime, award-winning columnist.
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