Carestream seeks Chapter 11 relief

The bankruptcy filing is the final stage in a recapitalization plan. Lenders are exchanging debt for equity and will become the new owners of the former Kodak unit.

Hyzon replaces Knight, CEO and cofounder

Less than two weeks after the Honeoye Falls-based firm disclosed possible accounting irregularities, Hyzon Motors Inc.’s board has named Parker Meeks as president and interim chief executive officer. Former CEO Craig Knight also will no longer serve as a Hyzon director.

The disrupted economy

With no end to the COVID-19 pandemic, Rochester-area businesses continue to grapple with supply chain issues including shortages, increased lead times and soaring costs.

A fresh start

Launched by RIT graduates in 2015, cybersecurity firm Token now has experienced leadership, a new focus and $13 million in capital from Tom Golisano’s investment firm.