Economic & Business Climate

Kodak Denies Reports of Bankruptcy Plans

Eastman Kodak stock opened higher Monday just days after the company denied reports that it is considering bankruptcy as a possible option amid its financial worries as reported by Bloomberg News and the Wall Street Journal.

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Cuomo Announces $4.4 Billion High Tech Investment

Governor Cuomo says $4.4 billion dollars will be invested in high tech chip fabrication plants across upstate New York, and he predicts it will bring nearly 7000 jobs.

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Debate Grows Over Gas Facility on Seneca Lake

WXXI Innovation Trail reporter Matt Richmond looks at the efforts of a group called Gas Free Seneca, which is mobilizing to block a plan to store liquefied propane in old salt mines near Seneca Lake.

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Watching and Worrying As Kodak Stock Fluctuates

Eastman Kodak's shares dropped to the lowest point of the year Monday as investors reacted to the company's decision to borrow $160 million against its credit line.

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Town's Fracking Ban Faces Court Challenge

WXXI Innovation Trail reporter Matt Richmond explains what's behind another lawsuit against a town ban on natural gas drilling in Central New York.

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Dow Drops Despite Federal Reserve's Move

The Dow Jones Industrial Average closed down nearly 400 points Thursday on concerns about a weak glodal economy and fears of another potential recession.

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UB Medical School Receives Mysterious $40 Million Donation

WXXI Innovation Trail reporter Daniel Robison says an anonymous philanthropist has given the University at Buffalo its largest donation ever: $40 million to the UB medical school.

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Harris RF Communications Opens New Facility

International communications and information technology leader Harris RF Communications consolidated several of its Rochester production lines under one roof in Henrietta.

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Examining America's "Quest" for Energy

NPR and WXXI's Innovation Trail look at the battle over fracking and where it fits into the quest for energy development in this country.

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Innovation Conversation: Your Community, Your Call

WXXI's Innovation Trail project focused on New York State's new Regional Economic Development Councils in a series of reports and a special program that featured a conversation with Lt. Governor Robert Duffy.

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