Headlines Business

Oil Slick Came from Nuclear Power Plant

The operators of the FitzPatrick Nuclear Power Plant on Lake Ontario say they’ve found and stopped the source of a oil leak that formed a slick stretching out into the lake. A Coast Guard aircraft spotted the oil slick on Sunday from the plant in Oswego County. The Coast Guard declared a safety zone around […]

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Headlines Business

New Xerox CEO Named

Xerox has announced that Xerox Technology President Jeff Jacobson will become CEO of Xerox once the company splits into two separate corporations. Current CEO Ursula Burns will become Chair of the Board at that time. Xerox is keeping the iconic name for its copier, printer and document technology business. The new business outsourcing services division […]

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Headlines Business

Cuomo Signs Zombie Property Bill

Governor Cuomo has signed the “Zombie Property” bill, requiring banks and mortgage holders to take responsibility for empty properties, even if foreclosure proceedings are still underway. The bill is designed to prevent homes and other buildings from becoming rundown eyesores while courts are settling who owns them. Banks will have to keep aware of the […]

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