Associated Press

The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.

(AP) Troubled Valeant Pharmaceuticals said Wednesday that it wants to delay the release of its financial statements by several weeks to avoid a default of its loans.


GREECE, N.Y. (AP)  The Russell Station power generation plant, an iconic landmark near the Lake Ontario shoreline outside Rochester, is being torn down. 

Crews have begun demolishing the facility located in the Monroe County town of Greece. The plant opened in the late 1940s and was shut down by Rochester Gas and Electric eight years ago because of costly environmental requirements. 

Utility officials say the buildings, roads and the two towering smoke stacks will be removed by mid-summer. Disturbed areas will be covered with topsoil and reseeded to create green space. 

WASHINGTON (AP) Factory activity in New York expanded in March for the first time since last summer, and measures of new orders and shipments also posted robust gains. 

The New York Federal Reserve said Tuesday its Empire State manufacturing index rose to 0.6 in March from minus 16.6 the previous month. It was the first positive reading since July. Any reading above zero indicates growth. 

(AP) Shares of Valeant Pharmaceuticals crashed Tuesday after the embattled drugmaker failed to reassure investors that it's getting back on track and even conceded for the first time that it's technically in danger of defaulting on its debt.

Valeant is the parent company of Bausch + Lomb which has operations in the Rochester area.

ALBANY, N.Y. (AP) — A recent report shows New York farm workers generally make more than the state minimum wage, unlike others in low paying jobs who have been the focus of an aggressive campaign to raise wages.

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