Eastman Kodak and the Bullitt Group announced on Tuesday that the company’s new Kodak EKTRA Smartphone has been released for sale in the United States.

The phone was already released in Europe last December. The phone is being manufactured by UK-based Bullitt Group.

The companies say the U.S. launch coincides with a software update addressing requests from photo-enthusiast consumers, including RAW support, improved auto-focus performance and optimizations to auto-white balance and color saturation.

The device lists at a retail price of $399.99.

Randy Gorbman chats with the regional director for Empire State Development, Vincent Esposito, on a new initiative designed to increase foreign investment in the Finger Lakes and to help local businesses export their products to other countries.

Plus, the latest moves being made to give a boost to the craft beer industry in New York State.

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

The latest numbers on job growth in the Rochester area show another decline.

The NYS State Labor Department says this region saw a drop of 4,100 private sector jobs in April compared to a year ago.

State labor analyst Tammy Marino says the numbers have been declining since January, but she does not think these figures accurately reflect the growth that is occurring.

Updated at 10:30 a.m. ET

Ford Motor Co. announced Monday that it has replaced President and Chief Executive Officer Mark Fields, who is retiring after nearly 30 years with the automaker.

Those massive beer fermentation tanks that will be transported to the Genesee Brewery via the Erie Canal have started their trek down that historic waterway.

The 60 foot by 20 foot tanks will be traveling about 225 miles down the canal. There will be a dozen tanks in all, and the first three tanks started out in Waterford Friday, near Albany, on the same day the boating season on the canal began.

There are reports that state senators who received payments for chairing committees that they actually did not chair are now under a probe by the state attorney general and at least one U.S. attorney.

Several Republican and independent Democratic senators were paid stipends allocated to chairs of Senate committees. But the senators weren’t actually the chairs; they had all been designated as vice chairs, a relatively new title. There is no provision in state law to pay stipends to vice chairs.

Xerox will be eliminating about 175 positions at its Webster campus.

The company says that as part of its strategic transformation, it will be closing some supply chain operations including a warehouse facility in Webster, and that will affect both salaried employees and members of the Industrial Work Force, represented by Local 14A in Webster.

Greater Rochester Enterprise will be looking for a new leader. The local business development organization announced Thursday that President and CEO Mark Peterson is leaving for a job in Illinois.

Peterson will become the new president and CEO of Intersect Illinois, which is a business recruitment and marketing organization for the State of Illinois.

Peterson has been with GRE for 12 years, 8 years as its leader.

In terms of what he's leaving behind, Peterson feels the Rochester region is on firm footing as it works to improve its economy.

The state is one step closer to having ride-hailing services available before the Fourth of July, now that the state Senate has passed a bill to speed up when companies like Uber and Lyft will be allowed to operate outside of New York City.

When state lawmakers agreed to allow the companies to operate in upstate New York and on Long Island as part of the budget, they thought that they would pass the legislation by April 1, the start of the new fiscal year.

color:#333333">ALBANY, N.Y. (AP) — New York Gov. Andrew Cuomo is including a strategy to fight methane emissions in his plan to reduce the state's total greenhouse gas emissions by 2050.


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U.S. Photonics Hub Coming To Rochester

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