WXXI AM News

business report

In this Business Report we hear about the process beginning for organizations and businesses that want to apply for a piece of the $800 million in New York State’s economic development fund.

Also, efforts by the University of Rochester and other research institutions to highlight how federal research dollars have been effective./

And we remember Larry Levite, well-known in Western NY media circles, who died recently. His publications include 585 magazine.

In this Business Report, a look at the recent numbers released by the Greater Rochester Association of Realtors, which shows a decline in sales of existing homes for the first quarter of the year, compared to a gain in sales we saw last year in the same quarter.

Also, a preview Xerox' earnings, which come out early Tuesday morning.

The WXXI Business report looks at business and economic issues facing the Rochester area including Western New York and the Finger Lakes.

There's a trademark fight: Brian Mastrosimone vs. KFC.  The Pittsford resident owns several businesses in the Finger Lakes and he wants to use the umbrella term “Finger Lakin’ Good.”

KFC is challenging that, and Mastrosimone now has a legal fight on his hands.

We also talk about the recent death of an architect of the Internet , Robert Taylor, who also used to work at Xerox’s Palo Alto Research Facility in California.

The WXXI Business report looks at business and economic issues facing the Rochester area including Western New York and the Finger Lakes.

This business report takes a deeper look into Akoustis Technologies, a company you may be familiar with and not even know it. Akoustis makes components used to make smartphones work more efficiently. The company that is expanding into the Smart Systems Technology and Commercialization Center and adding more than 200 jobs there.

Also, Constellation Brands will reveal their earnings this week, what Wall Street analysts expect from them, and highlight the recent increase in family leave benefits announced by Constellation.

Xerox on Wednesday is launching what it says is the biggest product introduction in its history, 29 new products. The company says they will include new software and apps, many of which were developed by engineers in the Rochester area.

Also, reviewing a recent study by the Brookings Institution on economic growth. The Metro Monitor report tracks the economic performance of the country’s largest metropolitan areas, and the Rochester area didn’t fare too well.

The Fed decided last week to raise interest rates, we asked an RIT economist about who might feel the effects of that right away.

Also, a major investor in Valeant decided to sell his shares in the company, George Conboy of Brighton Securities ponders what that might mean for the future of B + L going forward.

The WXXI Business report looks at business and economic issues facing the Rochester area including Western New York and the Finger Lakes.
 

Employment numbers from various surveys are out, so what are they showing about employment in the Rochester region?

The WXXI Business report looks at business and economic issues facing the Rochester area including Western New York and the Finger Lakes.

Randy Gorbman reports on the AIM-Photonics project in Rochester has decided on where their local headquarters will be. Also, Kodak is looking to sell their Prosper commercial inkjet business to a local company you may know. They’re called Xerox.

Randy Gorbman reports on JCPenney's and Macy's announcement that they'll be closing stores and whether any Rochester-area stores will be shutting their doors. Then, a profile of Sarah Knight from Roc Girl Gang and how her site is highlighting women entrepreneurs.

The WXXI Business report looks at business and economic issues facing the Rochester area including Western New York and the Finger Lakes. 

The WXXI Business report looks at business and economic issues facing the Rochester area including Western New York and the Finger Lakes.

In this report: Greater Rochester Enterprise celebrates their 15th anniversary, what kinds of manufacturing jobs are being created in the Rochester area, and how politics is part of the statewide discussions on economic development funding.

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