Economy
Small banks aim to keep their edge
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Knowledge of the local market is a key advantage for community financial institutions, but they also face numerous challenges.
Economy
Student startups from the inside
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At a recent RocGrowth event, Seerwise founder Brandon Hudson and WetWare BioSystems founder Andrew Kaseman discussed the advantages and challenges of entrepreneurship while attending college.
Economy
What went wrong at Kodak?
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The company’s decline was not inevitable, but successfully adapting to film’s obsolescence was a daunting challenge that bedeviled a series of CEOs.
Economy
Rochester’s soft landing
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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
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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
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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
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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
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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
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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
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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.