National or Local Business News
Xerox Corporation earned less money last quarter, but is raising its guidance for the future on earnings per share. The company says that’s because cost-cutting measures are taking effect and its operating margin is increasing. Xerox reported revenues of $2.2 billion, which was down by more than nine percent. The company raised its […]
Governor Cuomo says record numbers of New Yorkers are buying electric cars, with sales jumping by 63 percent last year. The Governor’s Office says there are nearly 37,000 electric vehicles of all kinds on New York State roads, up from fewer than 25,000 in 2017. That supports Cuomo’s Green New Deal, which calls for […]
For the first time, a major drug distribution company and its former CEO are facing criminal charges linked to the U.S. opioid crisis. The Rochester Drug Cooperative was charged with conspiring to distribute drugs and defrauding the government. The company’s former CEO Laurence Doud was further charged with conspiracy to distribute controlled substances and […]