Rochester Business Journal

• Mayor Richards presents proposed $488 million Rochester budget
  A $488 million city of Rochester budget proposed Friday by Mayor Thomas Richards lowers the tax rate for a typical Rochester homeowner by 3.6 percent, thanks to a 4.3 percent increase in property values, but calls for employees paying a greater portion of their health care coverage.
• Closing USA acquires key stake in West Coast firm
  Closing USA LLC, a Gates title and escrow firm, has acquired a controlling interest in a California company, officials announced Friday.
• Most readers not planning to buy stock in Facebook
  More than 90 percent of respondents to this week's RBJ Daily Report Snap Poll say they won't be buying Facebook Inc. stock when it begins trading publicly.
• Constellation inks agreements with four distributors
  Constellation Brands Inc. has signed multiyear agreements with four distributors in the United States as part of its move to a consolidated distribution model.
• Nationpay moves, plans to expand
  Payroll provider Nationpay Solutions Inc. has moved to offices at Linden Oaks and plans to add as many as six workers over the next 12 months, company officials said Friday.
• Region adds private-sector
  jobs again in April
  The Rochester metropolitan area economy continued to improve in April, adding both non-farm and private-sector jobs, the state Department of Labor said Thursday.
• PSC OKs RG&E's plan to demolish Russell Station
  Rochester Gas and Electric Corp.’s plan to demolish and remediate its Russell Station was accepted Thursday by the state Public Service Commission.
• Net loss doubles, revenues slide at Vuzix
  Vuzix Corp.’s first-quarter net loss doubled as its revenues continue to decline, the company reported Thursday.
• Lollypop Farm launches $4.5 million capital campaign
  Lollypop Farm, the Humane Society of Greater Rochester is kicking off a $4.5 million capital campaign to expand its facility and meet growing needs, the organization announced Thursday.
• Plastics firm OKed for state grant for facility upgrades
  Berry Plastics Corp. has been approved for a state grant of up to $190,000 to help pay for building renovations and utility upgrades at its Macedon, Wayne County, plant as part of a $6 million project.
• Ultralife to showcase key new products at conference
  Ultralife Corp. plans to showcase new energy storage and communication systems at the Special Operations Forces Industry Conference in Tampa, Fla., next week.
• Richards to present proposed city budget
  Mayor Thomas Richards plans to introduce his proposed 2012-213 budget for the city of Rochester on Friday.

New York State Headlines

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US/World Headlines

• Apple, Samsung CEOs head to court-ordered play date (5/20/2012 10:20:25 AM)
• U.S. army instructor shot in Yemen attack: security source (5/20/2012 10:10:21 AM)
• U.N. seeks Iran nuclear deal before Baghdad talks (5/20/2012 10:10:21 AM)
• Former Israeli PM: Jerusalem must be partitioned (5/20/2012 9:57:02 AM)
• Libyan Lockerbie bomber Megrahi dies (5/20/2012 9:57:02 AM)