Economy

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Economy
8:02 am
Wed April 3, 2013

Theme For This Year's State Fair Announced

Voters have chosen the theme for this year's New York State Fair:  "Sharing the Bounty and Pride of NY."

The slogan was the winner among 10 culled by state officials from 500 entries and posted on the fair's Facebook page for a popular vote. The result was announced Tuesday. The guidelines for the contest said suggestions should touch on the state's economic, cultural and institutional strengths. Past themes have included "Discover America in the Heart of NY" and "It Just Keeps Growing and Growing."  

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Economy
7:34 am
Wed April 3, 2013

Transforming Rochester's Amtrak Station

Credit www.flickr.com

Plans to transform the Rochester Amtrak station into a bigger and better transportation center are moving forward.  

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Economy
9:58 am
Fri March 15, 2013

Spider-Man 2 = Tourism Dollars

Local tourism officials are looking forward to Columbia Pictures bringing production crews here to Rochester to film scenes for the upcoming movie "The Amazing Spider-Man 2."
Governor Cuomo announced this week that some scenes will be shot here, and the production will require 3-thousand hotel room nights in Rochester.
When and where the filming takes place remains a mystery, but Don Jefferies, President and CEO of VisitRochester, says this will have a big economic impact, around three million dollars, and it could lead to more productions in the future.

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Economy
3:42 pm
Tue March 12, 2013

Plenty of Red in the Ledger for Kodak, Some Promising Signs

Credit Viktor Nagornyy

Last year was a tough one for Kodak, with the company reporting a net loss of almost $1.4 billion in 2012.

More than $1 billion of that total is chalked up to reorganization and re-structuring costs linked to Kodak’s bankruptcy.

In addition, the company’s revenue of $4.11 billion in 2012 was a decline of 20% from the previous year, and fell far below the $6 billion reported in 2010.

However, Kodak spokesperson Krista Gleason says there is a silver lining.

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