Economic & Business Climate

Kodak Reports Loss in 3rd Quarter

Eastman Kodak continues to struggle to return to profitability, reporting a loss of $222 million in the third quarter of this year.

BioEnergy Firm Opens New Facility at Old Seneca Army Depot

WXXI Innovation Trail reporter Matt Richmond looks at a newly opened plant on the former army base in the Finger Lakes - something local leaders hope is the beginning of a trend.

Energy Company Goes Bankrupt, Despite Millions from NYS and Feds

A renewable energy company, is declaring bankruptcy after receiving federal funds from the same program that subsidized the failed solar firm Solyndra and funding from New York State.

Great Lakes Wind Research to Benefit Worldwide Power Generation

WXXI Innovation Trail reporter Daniel Robison explains that the research will go forward even though it appears New York State will not be using wind power along its portion of the Great Lakes anytime soon.

Following New York's Power Lines to Canada

WXXI Innovation Trail reporter Emma Jacobs looks to the north where most of New York's imported electricity comes from Canadian hydroelectric dams.

Finger Lakes Wines Get National Attention on NPR

WXXI News Director Julie Philipp reports on the lengths one Finger Lakes winery will go to get their wines to a major market like New York City.

Kodak Strikes Licensing Deal With IMAX

The WXXI Innovation Trail's Zack Seward reports Kodak technology is coming to an IMAX theater near you in a new licensing deal.

Need to Know Rochester: Kodak Retirees Face Uncertainty

This week on Need to Know Rochester, a look at the how local Kodak retirees are facing doubts about whether the company will continue to provide health benefits amid challenging financial times.

Looming Layoffs Put Cuomo in a Bind

WXXI Capitol Bureau Correspondent Karen DeWitt reports on the dilemma facing Governor Cuomo, who might have to enact job cuts in a worsening recession.

Gas Drilling Boom Brings New Life to Steel Industry

NPR's Jeff Brady reports on how the natural gas drilling boom in Pennsylvania is helping the economies of Rust Belt cities long accustomed to bad news.