In this WXXI Business Report, some details about a Reuters report that quotes sources as saying Xerox is looking at the possibility of selling a leasing unit.

Plus, consumer confidence in New York state is going up, and some Wegmans employees have a new contract. 

Rochester is getting new help to run the Blue Cross Arena. And that help is coming from Buffalo.

City officials had only recently announced that they were ending the longtime management contract for the arena with Philadelphia-based SMG.  At the time, Rochester officials said  that company had performed below expectations.

Proposals to permit recreational marijuana use in New York state took a big step forward Friday when state health officials issued a long-awaited report concluding that the benefits of legalization outweigh the risks.

The 74-page analysis from the Department of Health estimates the state could raise nearly $700 million in tax revenue off the drug and create more than 200,000 new jobs.

RIT used an evening of arts and entertainment on Thursday to announce a $1 billion fundraising campaign.

President David Munson told more than 2,000 invited guests at RIT’s Gene Polisseni Center that it is the largest fundraising effort in the university’s history.

The company behind the software that turns SNAP benefits into the tokens used at the Rochester Public Market has announced that it’s going out of business.

Novo Dia contacted the Farmers Market Federation of New York last week, alerting the organization that it would cease operations on July 31, and leaving markets across the state scrambling to find a replacement.

The company’s software is essential because there is no substitute, said Margaret O’Neill, who directs programs at the Rochester Public Market and sits on the board of the farmers market federation.

Jury convicts key players in Buffalo Billion corruption case

Jul 12, 2018

A federal jury in New York has convicted key players of corruption in Gov. Andrew Cuomo's "Buffalo Billion" economic redevelopment program.

The jury in Manhattan returned its verdict Thursday after a month-long trial put a spotlight on how lucrative contracts worth hundreds of millions of dollars were awarded for redevelopment projects aimed at revitalizing upstate New York, particularly Syracuse and Buffalo.

The New York State Department of Environmental Conservation is rejecting a proposal to put a controversial gas storage facility on the shore of Seneca Lake.

DEC Commissioner Basil Seggos is denying the proposal by Crestwood Midstream Partners to build an underground liquefied petroleum gas (propane) storage facility in abandoned salt mines in Watkins Glen.

You don’t often see groundbreaking ceremonies led by children wearing hard hats, riding in on toy construction vehicles.

But that’s exactly how the Strong National Museum of Play broke ground Thursday on a 100,000 square foot expansion. That expansion will bring a new, larger atrium and entrance to the museum and include new exhibits like women in gaming, a ropes course, updated outdoor play area and parking garage.

A Victor-based company that makes a device used to help determine a person’s cognitive function is getting a boost. 

That boost is in the form of investment by philanthropist and Paychex founder Tom Golisano, who now owns the company called Cognivue.

The firm has been around for a few years, but with Golisano’s investment it is trying to position itself for expansion, both in terms of staff and distribution of its product.

Locally-based Constellation Brands has acquired a craft brewery in Texas. The Victor company on Tuesday said it is buying Four Corners Brewing, a Dallas-based company founded in 2012 by three longtime friends.

Constellation calls Four Corners a “high-performing, dynamic and bi-cultural (Hispanic and American) brand” which complements Constellation’s existing portfolio.

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U.S. Photonics Hub Coming To Rochester

What does this mean for the economy of the Rochester region?