National or Local Business News
Rochester’s Cornerstone Group and New York State Homes and Community Renewal have joined in breaking ground for the $11.8 million Frances Apartments in the Town of Sweden. The 56-unit affordable housing project is due for completion in about a year. It will have eight two-story buildings, including a community center. Fourteen units will be reserved […]
United States Senator Chuck Schumer is calling on Windstream CEO Tony Thomas to ensure continued employment of about 1,000 Windstream and Earthlink employees in Rochester, now that the two companies are merging. Schumer says the jobs are critical to Rochester. Communications industry analysts have predicted some positions will be redundant with the merge.
Eastman Kodak Company has followed a profitable second quarter with a profitable third quarter. CEO Jeff Clarke says it shows revenue is beginning to come from new growth at Kodak. The company reports net earnings of $12 million for the third quarter, compared with a $21 million loss in the third quarter of 2015. The company finished […]