Updated at 5 p.m. ET

House Republicans scrapped a vote on their health care replacement plan on Friday after defections from both the right and center that made it clear the bill would not pass.

"Obamacare is the law of the land. It is going to remain the law of the land," House Speaker Paul Ryan admitted shortly after he pulled the bill. "We're going to be living with Obamacare for the foreseeable future. I don't know how long it's going to take us to replace this law."

M&T Bank’s regional Rochester headquarters has a new home. On Friday the bank officially unveiled its new space at the building formerly occupied by Frontier Communications on South Clinton Avenue.

M&T had its regional headquarters on East Avenue near Union Street for a number of years, but regional president Dan Burns says they really needed some updated offices.

A recent study of the economy for the Rochester area over the last several years presents a mixed picture.

The study is an annual report from the Washington based think tank, the Brookings Institution. The Metro Monitor report tracks the economic performance of the nation’s 100 largest metropolitan areas.

A well-known local attorney and former Board Chair of  WXXI has died.

Alfred “Skip” Hallenbeck was 87, and died on Wednesday. He is originally from Hudson, New York, and was a partner with Nixon Peabody later joining Sybron as General Counsel. He eventually retired from the firm of Ward Greenberg.

Hallenbeck  served on a number of boards of Rochester area organizations, including WXXI, where he was Board Chair from 1973-1975. Since then he has served on the station’s Trustee Council.

Three local businessmen are facing federal charges that include wire fraud and conspiracy.

The U.S. Attorney’s office says the three men arrested Thursday include 56 year old Craig Jerabeck of Rochester, 44 year old Jeb Tyler of Penfield and 42 year old Jason Guck of Victor.

Questions are being raised about the development of a key industrial park in Genesee County.

A Massachusetts startup company called 1366 Technologies has been talking about building a plant that makes silicon wafers for solar power cells in Genesee County for some time now.

Proponents of raising taxes on New York’s wealthiest say they have a new impetus to increase the state’s revenue — the continued bad news from Washington about deep federal cuts to health care and other areas.

Assembly Speaker Carl Heastie has called an amendment to the federal repeal of the Affordable Care Act that would force the state to pick up county Medicaid costs “unconscionable.”

There are at least two men with ties to Western New York who are again on the Forbes list of the world’s billionaires.

Paychex founder and still chairman of the company, Tom Golisano, increased his net worth by $500 million over the last year to $3 billion in the new Forbes list.

Golisano, former owner of the Buffalo Sabres, still visits the area and makes  major philanthropic donations to various local organizations, but he lives much of the year in Florida.

Video game developers say New York will miss out on its chunk of a nearly $100 billion industry if it doesn't encourage companies to plant their roots in the state.

A medical information technology company based in West Henrietta plans to expand and add more than 80 jobs. 

eHealth Technologies, which helps hospitals and other health care providers organize and share medical information, plans to add 84 jobs over the next three years.

That according to its president and CEO, Ken Rosenfeld, who says they will be adding a variety of positions including customer service and research and development jobs. 

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U.S. Photonics Hub Coming To Rochester

What does this mean for the economy of the Rochester region?