Economy

Economy
12:09 pm
Thu September 18, 2014

Rochester Area Sees A Gain In Private Sector Jobs

Credit PBS.org

The Rochester area saw another month of job gains in the latest numbers out from the New York State Labor Department. The August figures show a gain of 4300 private sector jobs compared to August a year ago.

State Labor Analyst Tammy Marino says this has been a pretty consistent trend lately.

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Economy
9:41 pm
Wed September 17, 2014

Redesigned Plans For Charlotte Development Released

Rochester city officials and a Michigan-based developer are unveiling some of the plans for the first phase of a development project at the Port of Rochester.

The meeting Wednesday night at Charlotte High School drew more than 200 people, and while there were a few catcalls from opponents of the plans released by a company called Edgewater Resources, there was also applause, especially at the end of the presentation.

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Economy
5:30 pm
Wed September 17, 2014

Xerox Moving Sales & Technical Training To Webster

 

Xerox says it is moving sales and technical training operations to the Webster campus. The Xerox Technology Learning and Development Center will relocate to the Gil Hatch Center for Customer Innovation.

Those operations are being transferred from Virginia. A Xerox official says the move could mean about a thousand employees and partners annually visiting the facility in Monroe County for training, and that should have a positive economic benefit on hotels, restaurants and local transportation businesses.

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Economy
4:21 pm
Wed September 17, 2014

Rochester's First Sonic opens Saturday at 9 a.m.

Credit Sonic Drive-In

The wait for Rochester's first sonic ends on Saturday. The restaurant will open at 9 a.m. at the newly renovated Depot Plaza on East Ridge Road in Irondequoit. A ribbon cutting with Irondequoit Supervisor Adam Bellow and franchisee Fran DeSimone will precede the opening. The Irondequoit location is one of several planned in Rochester and Buffalo. Sonic has more than 3,500 locations in U.S. Prior to the Irondquoit location, the closest Sonic was in the Binghamton area.

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Economy
2:44 pm
Wed September 17, 2014

Survey: Expect Modest Pay Hikes Locally In 2015

Credit PBS.org

A new survey by the Rochester Business Alliance finds that 89 percent of Rochester-area employers are planning pay increases for some or all employees next year. Only four percent of those companies responding to the survey anticipate a wage freeze.

The company leaders are budgeting for a projected pay increase of 2.9 percent next year, slightly lower than the 3 percent increase budgeted this year.

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Economy
11:15 am
Tue September 16, 2014

Wal-Mart Settles Investigation Over Soda Sales

State Attorney General Eric Schneiderman says that Wal-Mart has agreed to a settlement in a false advertising investigation which was handled by staffers from the A-G's Rochester office.

The investigation involved claims that Wal-Mart advertised a nationwide sale of Coca-Cola but charged customers in their 117 stores across New York State more than the advertised sale price.

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Economy
2:59 pm
Mon September 15, 2014

Wegmans Tries A New Concept For Its Prepared Meals

If you've been to the Pittsford Wegmans lately you may have noticed something different in the prepared foods area. Instead of having the meals-to-go prepared by someone behind the counter, they have been pre-packaged.

Spokeswoman Jo Natale says this is only being done at the Pittsford store, which is also known as their 'innovation' store because they will try out new concepts there.

She says one advantage for consumers is convenience. Although the Pittsford store is open 24/7, the counter for the prepared meals isn't staffed late at night.

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Economy
1:16 pm
Mon September 15, 2014

Genesee Brewery Unveils Small-Batch, Craft-Brewing Project

Genesee Brewmaster Dean Jones (L) and his son (and apprentice) Steve.
Credit Randy Gorbman / WXXI News

The Genesee Brewery is branching out. The company is  unveiling some new craft beers that will available at local pubs.

Genesee Brewing calls this project  "Tap it Forward, " and it involves  making small batches of some unique, craft-style beers that will only be available in this area.

Brewmaster Dean Jones says actually they've had some of these beers available before, but only at the Genesee Brew Pub, which opened a couple of years ago.

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Beth & Matt
11:25 am
Mon September 15, 2014

WATCH: Beth & Matt Discuss Buckingham Properties and Job Rates

Beth Adams and Democrat & Chronicle Business Reporter Matt Daneman talk about how Buckingham Properties is moving forward after the death of Larry Glazer, and the upcoming job numbers.

A joint project by WXXI and the D&C, video by Todd Clausen, D&C

Economy
7:01 am
Mon September 15, 2014

NY Tax Receipts Rise Despite Growing Income Gap

Credit thedigiratilife.com

ALBANY, N.Y. (AP) _ New York tax collections have continued rising despite a growing income gap between its richest residents and everyone else, while a national study shows overall growth in state tax receipts slowing as the income gap widens across the U.S.

State officials say New York's progressive income tax rate, which rises to nearly 9 percent for earnings above $1.03 million, buoys its largest revenue stream for public services and programs. 

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