Federal authorities are speaking out about the 62-count indictment announced on Tuesday against four men in connection with that the U.S. Attorney’s office says was a multi-million-dollar mortgage fraud scheme.

The indictment charges 43-year-old Frank Giacobbe of East Amherst, 34-year-old Patrick Ogiony of Buffalo, 42-year-old Kevin Morgan of Pittsford and 29-year-old Todd Morgan of Rochester with conspiracy to commit wire fraud and bank fraud.

More Xerox news, but this time it's about a new product...a production printing press, that was developed with the help of engineers in Webster.

Plus, a survey on entrepreneurship by Paychex shows growth among small business start-ups, and Genesee Brewery celebrates its 140th birthday with a number of events, including an association with the Rochester Red Wings

Supporters of organized labor were dealt a legal blow by the U.S. Supreme Court Monday, which ruled 5-to-4 that companies have the right to prohibit collective grievances by its workers. It raises the question: is this just the first blow organized labor may face by the nation's highest court this spring?


The New York State Public Service Commission says that its staff, along with RG&E, NYSEG and other parties have a proposed settlement over the way the two utilities responded to the March 2017 windstorm.

The storm caused power outages to more than 250,000 customers and Governor Andrew Cuomo had ordered the PSC to investigate the way the two utilities had prepared and responded to that storm which left some customers without electricity for days.

There's going to be a changing of the guard in space. On Tuesday, NASA is launching two new satellites, collectively called GRACE, to replace two that have been retired after 16 years in orbit.

War, natural disasters and climate change are destroying some of the world's most precious cultural sites. Google is trying to help preserve these archaeological wonders by allowing users access to 3D images of these treasures through its site.

But the project is raising questions about Google's motivations and about who should own the digital copyrights. Some critics call it a form of "digital colonialism."

General Motors' Tonawanda Engine Plant has been selected as the first of the automaker's plants to produce a new V-8 engine line that utilizes a cylinder deactivation technology that helps the engine produce only the power that is needed, in order to increase efficiency. Plant officials announced Monday it will result in the retention of 635 jobs.


The New York State Public Service Commission on Thursday approved the sale of local broadband company Greenlight Networks to Grand Oaks GLN, LLC.  Grand Oaks is a Pittsford company owned by philanthropist and Paychex founder Tom Golisano.

The PSC says the sale will give Greenlight access to financial capital and allow it to build its high-speed broadband fiber network, as well as optimize its operation in a way that is needed for long term success in a competitive telecom industry.

Updated 11:16 EDT: This story now includes information about the Food and Drug Administration's release of a list of complaints against brand-name drugmakers for hindering access to samples for generic testing.

When Celgene Corp. first started marketing the drug Revlimid to treat multiple myeloma in 2006, the price was $6,195 for 21 capsules, a month's supply.

The National Highway Traffic Safety Administration announced Wednesday it has launched an investigation into a rear-end collision involving a Tesla in South Jordan, Utah, the Associated Press reported. It marks at least the third investigation into crashes involving the company's cars since March.

Pages

U.S. Photonics Hub Coming To Rochester

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