National or Local Business News
Federal prosecutors say Craig Jerabeck of Rochester pleaded guilty to conspiracy to commit wire fraud and to filing a false tax return in federal court in Rochester. The 57-year-old Jerabeck was a co-founder of 5LINX Enterprises, a marketing company based in Rochester. It used chain marketing, recruiting representatives to sell products including utility and […]
Xerox is saying more about the late night overthrow of CEO Jeff Jacobs and five members of the company’s board who supported him. The company settled a suit by two top shareholders by ending a proposed merger with FujiFilm Holdings of Japan and firing its CEO. Shareholders Carl Icahn and Darwin Deason are ending […]
The Rochester regional price for a gallon of gasoline is now $2.87, up two cents from a week ago and nearly 50 cents more per gallon than a year ago. The statewide average hit $2.94, up five cents from last Monday. Buffalo is up four cents at $2.83 per gallon and Syracuse is up […]