WXXI AM News

Kodak

www.kodak.com

Eastman Kodak and the Bullitt Group announced on Tuesday that the company’s new Kodak EKTRA Smartphone has been released for sale in the United States.

The phone was already released in Europe last December. The phone is being manufactured by UK-based Bullitt Group.

The companies say the U.S. launch coincides with a software update addressing requests from photo-enthusiast consumers, including RAW support, improved auto-focus performance and optimizations to auto-white balance and color saturation.

The device lists at a retail price of $399.99.

A recent survey by Paychex says we saw a dip in the jobs numbers, but an increase in wage growth across the region. WXXI's Randy Gorbman tries to make sense of it all. Plus, earnings announcements are coming up this week from Kodak and Conduent. Then some news about two well-known local retailers shutting their doors for good.

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

WATCH: Legendary Kodak photographer Neil Montanus Turns 90

Apr 12, 2017

Walt Disney. Women of the Maassia tribe. Models. Children. Landscapes. There seems to be no shortage of people, moments, and memories captured by legendary Kodak photographer Neil Montanus. The man whose images have been seen and celebrated by millions around the world is now celebrating a rebirth of sorts in his career….at age 90. Just before his special exhibition, Neil Montanus joins this edition of Need to Know with his son Jim Montanus – a fellow photographer and owner of Montanus Gallery.

The City of Rochester is in the midst of a transformation and one demographic could be a game-changer in reshaping the regional economy. The story of the urban entrepreneur on this edition of Need to Know.

Speaking of transformation, there’s a belief that city renewal begins in neighborhoods. Turns out a downtown neighborhood in Rochester is the first in the state to serve as a model for social, economic and ecological innovation. That’s later on the show.

And he’s photographed everyone from Walt Disney to Gerald Ford. His images have been seen and revered by millions around the globe. A local legendary Kodak photographer joins us before his special exhibition in Rochester. 

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.

WXXI's Randy Gorbman talked with Kodak CEO Jeff Clarke to discuss the future of the iconic Rochester company. 

You can hear the WXXI News Business Report every Monday morning at 8:45 on Morning Editon on AM1370, WRUR FM 88.5, and WXXINews.org.

www.kodak.com

(AP) Kodak says some of Hollywood is still hanging on to film, pointing to 29 Academy Award nominations for movies captured on its 35 mm and 16 mm Motion Picture Film stock as proof of its success.

Kodak says "La La Land," ''Fences," ''Hidden Figures," ''Jackie," ''Nocturnal Animals," ''Loving," ''Silence," ''Suicide Squad," and "Hail Caesar!" are among movies whose producers have bucked the digital cinematography trend.

Kodak is the last big supplier of motion picture film. Competitor Fujifilm stopped its production in 2013.

 

 

Kodak announced Wednesday it will take longer than originally expected to sell its commercial inkjet business called Prosper.

Back in March, the company said that business has a lot of potential, but it would be better served by a company with a larger sales and distribution network.

Tommy Andres/Marketplace

Rochester’s changing economy….that’s the focus of segments that aired Tuesday and Wednesday  on Marketplace, the national radio program heard weeknights on WXXI at 6:30pm.

Host Kai Ryssdal was in Rochester to do some reporting on the topic recently and stopped by the WXXI Studios.

“We’re doing a series with Frontline and PBS News hour , it’s called “How the Deck is Stacked,”  it’s our look at various slices of the American economy  as we go into the election and then what it’s going to be like next year when somebody else takes over this economy.”

rit.edu

Nearly three thousand people gathered along Street Street in Rochester Sunday night in front of the Kodak headquarters building.  It was for the purpose of taking a very special photo.

Organizers gave a countdown just before instructing the crowd to shine their flashlights and camera flashes at the Kodak Tower, and then told them when to stop. It was for RIT's Big Shot, a special photo art project now in its 32nd year.

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