Economy

Supporters of the Occupy movement in Rochester say they're gearing up for another season of activity even if they're not moving back into Washington Square Park except for periodic daytime rallies and meetings.

Shirley Thompson, an active member of the Occupy Rochester assembly, says there are many issues that still remain as they continue to challenge those at the top of the economic and political pyramid.

Occupy assembly member Andrea Moscowe says the action will continue through working groups and community mobilization even if there's no fulltime presence in any local park.

Thompson's colleague Brian Erway says the movement is becoming active nationally on issues of social and economic justice.

WXXI's Innovation Trail takes a look at how technology is transforming the sport of kings in advance of the Kentucky Derby, the first race in horse racing's Triple Crown.

Veterinarians can improve a horse's value. Smart phones may attract younger fans to the track. And new designs can make those tracks safer - for both horse and rider.

In collaboration with WEKU Radio and Louisville Public Media, the Innovation Trail is exploring how high technology is changing the horse industry.

Click here for the full series of reports from Kentucky and Upstate New York.

In a filing with the state labor department Wednesday, Kodak says another 141 local workers will lose their jobs.

The majority will be let go by mid-July.

The latest round of local cuts brings the number of layoffs since the imaging company filed for bankruptcy in January to 527.

That's according to the six separate filings Kodak has submitted to the state.

Kodak ended 2011 with just over 5,000 employees in the Rochester area. At its peak in 1982, that number was over 60,000.

An international company that processes Medicare appeals is more than doubling its footprint in the Rochester area.

Maximus Federal Services already employs about 160 workers in Victor and Fairport.

Now, the Virginia-based company is expanding to a new Pittsford location, opening its doors in mid-May with roughly 325 workers.

It was another down quarter for Eastman Kodak. The company, which filed for bankruptcy protection in January, lost $366 million in the first three months of the year. Revenues also fell 27% to $965 million.

Democrat and Chronicle business reporter Matt Daneman says much of the drop in revenues can be attributable to losses in Kodak's Consumer Segment, as it gets out of the digital camera business.

Daneman says as Kodak gets out of the digital camera business, profitability is expected to improve in subsequent quarters, because Kodak won't have the costs associated with that business.

Kodak says it reduced selling and administrative costs by $84 million compared to a year ago. Kodak filed for Chapter 11 protection in January.

North American Breweries has begun construction on its $2.6 million Brew House Project.

Company engineer Mark Minunni says workers knocked out windows and removed wooden planks from the ceiling and floor of 25 Cataract Street.

The work is in preparation for a museum, microbrewery, restaurant and souvenir shop.

Thirteen Cataract Street is currently undergoing asbestos removal before being torn down.

Earlier this month, the City Planning Commission rejected requests by preservation groups to designate the building as a landmark. 

The Brew House is expected to open in August.