National or Local Business News
A second photonics company isn’t coming to Eastman Business Park, where the state is hoping to build a Photonics Center based in Rochester. Avogy, a maker of wireless charging systems for electronic devices, was supposed to drive economic growth in Rochester. But now the company has declared bankruptcy before moving here. Nearly two years ago, […]
Eastman Kodak Company says it will take “several weeks” to verify that people interested in its new digital currency for photographers are indeed “accredited investors.” Kodak said earlier this month it planned to begin offering the combined cyber currency and creative rights management platform today. In a statement on the KodakCoin website, the company says […]
The non-profit group founded to break the cycle of poverty in Monroe County says it’s narrowing its focus. The Rochester-Monroe County Anti-Poverty Initiative says in its annual report it will focus on three main goals: increasing household income and improving affordability of basic needs, while also reducing the concentration of poverty in Rochester. The […]