The SUNY Board of Trustees appointed Kristina Johnson as the system's 13th chancellor Monday.

Xerox is reporting its first full quarter since the company split into two businesses. 

Xerox is now a standalone company focusing on document technology, which makes up the bulk of the Rochester area operations. The business services division is a separate company called Conduent.

This latest quarter for Xerox showed earnings of $16 million, compared to $34 million a year ago; earnings per share came in at 15 cents  a penny under Wall Street estimates, but sales of $2.45 billion were in line with expectations. The company affirmed its full-year projections for 2017.

A fiscal watchdog group is questioning the state’s century-old prevailing wage law for construction workers, saying it unnecessarily costs taxpayers billions of dollars a year in added expenses for big road, bridge and other projects.

The Empire Center, a fiscally conservative budget watchdog group, looked at the state’s constitutionally protected prevailing wage law. It requires contractors on public projects to pay their workers the amounts set in unions’ collective bargaining agreements.

ALBANY, N.Y. (AP)  An engineer who served as an undersecretary for the U.S. Department of Energy during the Obama administration has been named the next leader of New York State's public university system.

The State University of New York says its board of trustees approved  Kristina  Johnson's appointment as SUNY chancellor Monday afternoon. Her selection was first reported by The New York Times early Monday.

She'll replace Nancy Zimpher, who has overseen the nation's largest public university system for the past eight years.

A maker of railcar equipment is coming to Henrietta and is expected to create 44 jobs. Rolen-Jinxin is a joint venture of companies from Spain and China.

They have chosen a site in West Henrietta to locate their first U.S.-based operation.  The company makes interior parts and other equipment for railcars.

Rolen-Jinxin will create production, engineering and management jobs at the West Henrietta location.  Empire State Development has offered tax credits worth up to $600,000.  Monroe County is also offering incentives.  The total project cost is close to $1 million.

The Ginna Nuclear Power Plant in Wayne County is offline as part of the regular refueling outage that happens periodically.

The owner of the plan, Exelon Generation, says the shutdown that began early Monday ended a successful 18-month operating cycle.

The company says the refueling will provide a boost to the area economy with 200 Exelon employees sent into the area to help with a variety of tasks during the refueling , as well as more than 700 supplemental workers who will be helping out.

In this Business Report, a look at the recent numbers released by the Greater Rochester Association of Realtors, which shows a decline in sales of existing homes for the first quarter of the year, compared to a gain in sales we saw last year in the same quarter.

Also, a preview Xerox' earnings, which come out early Tuesday morning.

The WXXI Business report looks at business and economic issues facing the Rochester area including Western New York and the Finger Lakes.

A new state-of-the-art warehouse and distribution facility with plans to create dozens of jobs has opened in the Town of Sanborn. The company, which serves the U.S. and Canadian markets, also purchased lots of land for future expansion. 

 

A cold, cloudy day was no match for the hundreds of science advocates rallying at the March for Science at Martin Luther King Jr Memorial Park Saturday morning.

The Rochester march was part of a worldwide call to action to unite as a diverse, non-partisan group calling for science that upholds the common good.

Rob Rolleston attended the rally wearing a lab coat, he is a data scientist and said facts need to be separate from politics.

"Science matters, truth matters, facts matter. And we're seeing an assault on the ability to actually have reasonable discussions."

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U.S. Photonics Hub Coming To Rochester

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