May 18, 2008

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Today's Top Stories UPDATED 12:00 AM EST 
MAY 18, 2008 

MCC board deadlocked in vote
on president; interim chief likely

The Monroe Community College board of trustees were deadlocked in a vote Saturday that appeared to trigger a new search for a president. The MCC board split, 5-5, between Rochester entrepreneur Dennis Kessler (above right) and former county legislator William Smith in a search that has been subject to allegations of political patronage. County Democrats issued a statement after the meeting saying the votes for Smith, a Republican lawyer from Pittsford, indicated improper political influence.
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Budget includes layoffs, tax hike
Rochester Mayor Robert Duffy’s proposed $478 million budget for 2008-09 would result in cuts to 70 full-time and 33 part-time jobs—including the layoff off 40 full-time and seven part-time workers—an average property tax increase of 4.2 percent, and the consolidation of economic development, community development and neighborhood service centers into one department.
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Car sales up in April
Sales of new and used vehicles in Monroe County improved last month from March and a year ago, the Rochester Automobile Dealers’ Association Inc. reported.
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Home sales up from March
Sales of existing homes in April dropped 5.5 percent compared with a year ago, the Greater Rochester Association of Realtors Inc. reported Friday.
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Majority opposes paid family leave
Nearly two-thirds of RBJ Daily Report Snap Poll respondents this week said they are against New York enacting a law mandating that companies offer 12 weeks of paid family leave, funded by worker payroll deductions.
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Kodak resolves patent dispute
Eastman Kodak Co. on Friday said it has resolved a patent dispute related to digital camera technology involving a Michigan firm.
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NaturalNano reports $1.6M net loss
Despite NaturalNano Inc.’s quarterly report suggesting it might no longer be able to continue operations because of debt and growing losses, the company’s stock was up more than 3 percent Friday—yet still trading near a nickel a share.
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ITT part of $1.4B space program
ITT Corp.’s Space Systems Division, which has its headquarters in Rochester, will work with Lockheed Martin Corp. and General Dynamics Corp. on a $1.4 billion contract with the U.S. Air Force on the next-generation Global Positioning System Space System program.
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Forum honors tech startups
Two area companies are among those receiving special recognition at the Eighth Annual SmartStart UNYTECH Venture Forum in Rochester this week.
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N.Y. worker confidence rebounds
Worker confidence in New York rebounded in April from a record low in March, a Harris Interactive Inc. report for Spherion Corp. shows.
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Top Stories
Non-profits to face mass of CEOs retiring

UR unveils new $110 million laser facility

IRS plans to fight Sands family effort to avoid penalties

$5M project eyes townhouses for high-end buyers

Kodak's use of cash jumps in first quarter

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