Victor-based Constellation Brands is announcing some changes in the executive ranks.

The company says that Bill Newlands has been promoted to president and chief operating officer.  Rob Sands, who previously held the title of president and chief executive officer will continue to serve as CEO.

Newlands, who has more than 30 years of experience in the beverage alcohol industry, joined Constellation in 2015 as an executive vice president and chief growth officer. Last year, he became Constellation’s chief operating officer.

Technology that uncovers the physical signs of domestic violence is the subject of a two year study at the University of Rochester.

ALS, short for alternative light source, detects bruising that isn't immediately visible to the naked eye.

"As soon as someone is injured, blood begins to pool below the top layer of the skin,” said John Cullen, assistant director of UR’s Susan B. Anthony Center. “This technology allows us to see that bruising immediately as it happens. Otherwise, you'd have to wait a couple of days before you could see it with the naked eye."

Xerox is firing back at the open letter to shareholders released Monday by Carl Icahn and Darwin Deason. Together, they own more than 15% of Xerox, and they issued a multi-page letter highly critical of the recently announced deal that will see Xerox sold to Fujifilm, as part of their existing joint venture, Fuji Xerox.

Icahn and Deason said the deal “dramatically undervalues Xerox and disproportionately favors Fuji.”

Gov. Andrew Cuomo’s budget director said 30-day amendments to the governor’s spending plan, which is due out later this week, will include an overhaul of the state’s tax code. It will include plans to ease the effects of the loss of the state and local tax deductions in the new federal tax overhaul.

Robert Mujica said the governor will propose a payroll tax credit program that businesses could use instead of the state and local income tax system.

He said for workers who have to pay more in taxes under the federal overhaul, this could help make them whole. 

There will be Red Wings baseball at Frontier Field, as originally planned this season.

That news came down late Monday afternoon, as Monroe County Executive Cheryl Dinolfo and Naomi Silver who is the CEO for Rochester Community baseball, announced a 10 year deal from now through 2028 with an option to renew it for another 10 years after that.

In the latest WXXI Business Report, Randy Gorbman explains how Kodak is trying to tighten up on security measures for its upcoming digital currency, called “KodakCoin”. Plus, we have more on an Ontario County sauerkraut processor closing up shop, and one of the region's oldest manufacturers is changing hands.

Two major Xerox investors have issued an open letter to shareholders of the company which is sharply critical of the recently announced deal that will see Xerox sold to Fujifilm, as part of their existing joint venture, Fuji Xerox.

Carl Icahn and Darwin Deason, who together own more than 15% of Xerox, say the deal “dramatically undervalues Xerox and disproportionately favors Fuji.

If the Russian psychologist Ivan Pavlov were alive today, what would he say about smartphones? He might not think of them as phones at all, but instead as remarkable tools for understanding how technology can manipulate our brains.

Updated at 11:35 a.m. ET

The wild swings in the stock market in the last two weeks grabbed headlines and were hard to miss for most Americans.

But do those market gyrations actually affect anyone's day-to-day finances?

Relatively few Americans actively trade or own stocks. But a 10 percent drop in the markets can affect our attitudes about the economy, even for those who don't invest, says James Poterba, president of the National Bureau of Economic Research and an economist at the Massachusetts Institute of Technology.

L.L. Bean's outdoor gear — including its signature Bean Boots prized by campers and hipsters alike — is no longer guaranteed for life.

In a letter to customers Friday morning, the company said it has updated its return policy to give customers one year to return purchases, with a receipt. The previous lifetime guarantee, which enabled customers to return products years — or even decades — after purchase, has long been a selling point for the company.

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U.S. Photonics Hub Coming To Rochester

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