WXXI AM News

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In the latest WXXI Business Report, Kodak’s proposed move into pharmaceuticals is facing challenges after concerns raised by the federal agency granting the loan.

A top Paychex official looks at its latest index on small business job growth which shows flare-ups of COVID-19 impacted July statistics. Plus, there's new leadership headed for Monro, Inc., after the current CEO announced he's leaving for another position.

In the latest WXXI Business Report, Paychex has seen how efficiently some of their employees are working from home, so it's looking to reduce it's office space footprint.

You'll also hear from the CEO of Kodak Alaris responding to a trade publication claiming the company will sell off some of its assets; and a new venture capital fund is looking for investors who will back local technology companies.

In the latest WXXI Business Report, we hear about a company that Constellation Brands is purchasing, which focuses on selling wines direct to consumers, online.

Also, a recent Paychex report shows employment growth holding steady in June, although that data is before some states saw spikes in COVID-19.

And details about the first-ever Rochester Black Restaurant Week going on this week, to help increase sales at some Black-owned businesses.

A survey from Paychex did shows nearly two-thirds of business owners feel that the worst impact on their operations from the coronavirus pandemic is behind them. 

Plus, details on how Wegmans will change the way it opens new stores because of the pandemic; and why Monro Auto Service and Tire Centers will shutter more then 30 stores across the country. 

Paychex says its charitable foundation will contribute $1 million to the United Way to help address the impacts of the COVID-19 pandemic.

The Rochester-based company says that a total of $750,000 will go to the United Way of Greater Rochester, the rest of the money will go to 10 other communities across the country where Paychex and its subsidiaries have a presence.

In the latest WXXI Business Report, the CEO of Paychex explains how the company has offered to help distribute payments to Americans if the direct payments are part of the final relief package approved by Congress.

Plus, the CEO of Constellation Brands puts out a statement how about the COVID-19 outbreak has impacted the company. He does explain one way the Constellation Brands business has changed: Demand has shifted from bars and restaurants to grocery and convenience stores.

And, find out which iconic Rochester building has been sold.

In the latest WXXI Business Report, Paychex is out with a survey on how the owners of small and medium sized businesses feel about the coronavirus.

 Plus, we get an expert's take on what's next in the ongoing effort by Xerox to take control of HP, and there's some growing pains for Canopy Growth, the Canadian-based pot producer that has a major investment from Constellation Brands.

In the latest WXXI Business Report, Xerox is still pursuing HP, and is now increasing its acquisition offer for the company. Plus, a new report from Paychex shows continued wage growth among small businesses, and Kodak had a strong presence at Sunday's Oscars.

In the latest WXXI Business Report, wages are up nationwide so Randy Gorbman chats with Paychex's CEO to find out why, and get explanation on why the job market is tight. 

Plus, there's change coming to the executive ranks at Constellation Brands, as their Chief Financial Officer moves over to become CEO at Canopy Growth, the Canadian cannabis company.

Where are you doing your holiday shopping? Are online sales really dominating the brick and mortar sales this holiday season?

Paychex, the Rochester based provider of payroll other services is reporting  its third quarter results, numbers that the CEO, Marty Mucci says added up to a solid quarter.

After certain one-time factors are taken out of the mix, the company topped Wall Street estimates for profits and sales.

Paychex saw net profits, on an adjusted basis, increase three percent to around $322 million. Sales rose 14-percent to $1.1 billion.

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