Rochester employers are paying close attention to a change in the skilled worker H-1B visa program, which requires a $100,000 fee for applicants recruited overseas.
Economy & Business
A leader at UR and the Federal Reserve
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Charles Plosser, former dean of the University of Rochester’s Simon Business School and president and CEO of the Philadelphia Fed, passed away last month.
Economy & Business
The misplaced concern about Kodak
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More than a decade after its Chapter 11 bankruptcy, the company still has much to prove. But a recent technical note required by accounting standards obscured Kodak’s strategy to meet its debt obligations and pursue growth opportunities.
Economy & Business
Entrepreneur builds real estate business on ethical foundation
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Aiming to counter housing instability, Hart Homes blends business goals with a mission for community-centered property investment.
Economy & Business
LiDestri to invest $30 million, shift workforce to Greece site
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LiDestri Foods plans to build a “super plant” at its Lee Road location and relocate employees from its Fairport plant.
Economy & Business
McAlpin Industries plans $23 million expansion
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The precision metal working company expects to add up to 52 jobs in Webster.
Economy & Business
How a local sports card lounge became a global operation
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In less than five years, WeTheHobby has grown into a leading card-breaking and fan entertainment brand with retail, streaming and digital expansion.
Economy & Business
WROC workers press Nexstar to join union talks
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Some two years after a successful move to organize, the television station’s staff are still waiting to be heard.
Economy & Business
Betting big on New York cannabis
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Cannabis distribution company Nabis’ new hub warehouse in Rochester represents its confident expansion into a marketplace that has experienced rollout difficulties and regulatory controversy.
Economy & Business
Why Ken Rogoff thinks Trump is wrong
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In his new book, the Rochester native, Harvard professor and former IMF chief economist argues that the dollar’s dominance globally gives the U.S. key competitive advantages and is not, as the president believes, a costly burden.
Economy & Business
Raymond Corp. plans expansion in Honeoye Falls
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Announcement of the nearly $1.9 million project comes on top of the opening of a R&D facility in Henrietta.