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Kodak drops digital camera manufacturing

The company that invented the digital camera is shuttering its digital camera manufacturing, along with digital photo frames and pocket video cameras.
Jukie Bot
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via Flickr
The company that invented the digital camera is shuttering its digital camera manufacturing, along with digital photo frames and pocket video cameras.

Today in your Trail Mix: 

Kodak says goodbye to the camera making business.

The governor admits he slowed down the process on fracking.

The Buffalo Auto Show kicks off.

And six SUNY schools are best buys.

Business

Kodak is getting out of the digital camera and digital picture frame business, but may license its name to another maker (Matthew Daneman, Democrat and Chronicle).

Meanwhile, power companies are teaming up to make sure they get paid as Kodak navigates bankruptcy (Matthew Daneman, Democrat and Chronicle).

A refrigerated warehouse company based in Canada may buy Fulton's old Birds Eye plant and rehire 12 to 14 workers (Debra J. Groom, Post-Standard).

Xerox is planning to cut some jobs in research, but how many Rochester-area workers that would affect hasn't been disclosed (Andrea Deckert, Rochester Business Journal).

Rust Belt cities like Buffalo need a definition of "sustainability" to compete with the other concepts that they know so well: decline and dependency (Bruce Fisher, Artvoice).

Energy

Speaking to the Post-Standard editorial board, the governor said that fracking is "a couple of months away" - despite the fact that meetings of the state's fracking advisory board keep getting canceled, and the DEC commissioner says his agency is still sifting through thousands of comments (Jon Campbell, Gannett).

State Impact PA's Scott Detrow has a timeline of "what happens next" now that Pennsylvania has passed a bill calling for an "impact fee" on gas drilling.

Don Jessome of Transmission Developers appeared on Capital Tonight to promote an underwater transmission cable to bring power to New York from Canada [VIDEO] (Maureen McManus, State of Politics).

Tech

U.S. Department of Labor data indicates that Saratoga and Schenectady Counties investment in tech jobs is paying dividends in job creation (Larry Rulison, Times Union).

The Buffalo Auto Show has kicked off (Daniel Robison, WNED/Innovation Trail).

As part of the Buffalo Auto Show, GM announced that its bringing part of its engine plant in Tonawanda back online for training purposes (Matt Glynn, Buffalo News).

Government

Senator Schumer is gearing up to ask the federal government for billions to help repair sewer and water systems in New York (Brian Tumulty, Gannett).

A company that helps out with real estate deals had received $150,000 from the state, which it says will help it double its workforce (Diana Louise Carter, Democrat and Chronicle).

The state is launching a "mobile command center" to help prevent foreclosures.  Staffers will help homeowners with paperwork and be on the lookout for fraud and abuse (Rick Seltzer, Greater Binghamton Business Journal).

New York's health commissioner took questions at a budget hearing yesterday about the governor's plan to gradually shift increases in health care costs to the state budget, from county budgets (LeShea Agnew, WXXI).

SUNY's Binghamton, Buffalo, Geneseo, New Paltz, Oswego and Stony Brook campuses have been ranked as "best values" by the Princeton Review (AP).

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