Economy

Rochester’s soft landing

By |

Kodak’s downsizing and restructuring did not devastate the local economy. A number of Kodak workers continued in the same jobs, but with a different employer. Others became entrepreneurs or bolstered the ranks of established firms.

Economy

A recipe for growth

By |

Geneva startup RealEats America, led by Dan Wise, won the $1 million top prize in this year’s Grow-NY Food and Agriculture Business Competition. It also illustrates how food and agriculture can deliver results for the regional economy.

Economy

The view from inside Kodak

By |

Chief Technical Officer Terry Taber joined Kodak in 1980, as its Rochester employment peaked. Though its local staff today is dramatically reduced, Taber sees plenty of opportunity for Kodak to continue to innovate.

Innovation

The ‘winner-take-most’ economy

By |

Fewer than a half-dozen ‘superstar’ tech hubs today account for nearly all innovation-sector job growth—and Rochester is not one of them. But with help from Washington, could our region become a future star?

Economy

Profiles of Kodak’s progeny

By |

More than 7,000 Rochester-area residents currently work for independent firms with a Kodak connection. Their stories demonstrate the variety of ways a successful employer can influence the business environment.

Economy

An enduring legacy

By |

Kodak’s employment has plunged from its 1982 peak of 60,400 to about 1,300. Yet that employment number vastly understates Kodak’s contribution to the local economy today.

Economy

Xerox makes bid for HP

By |

Palo Alto-based HP confirmed it has received an offer from the much-smaller Xerox, which reportedly offered to pay a premium over HP’s current share price.

Economy

The debate over corporate purpose

By |

A recent Business Roundtable statement broke with decades of corporate doctrine whose roots, in part, extend to Rochester. But is it really a departure from how most companies actually are run?