finger lakes


Wed August 21, 2013
Kodak Bankruptcy

Kodak's emergence plan approved

The U.S. Bankruptcy Court has approved Kodak’s plan to exit bankruptcy, clearing the way for the company to emerge as a much smaller commercial printing business.

The emergence plan represents the last great hurdle for Kodak in its bid to exit bankruptcy.

Judge Allan Gropper approved the plan Tuesday and the company is hoping to put it into effect as early as Sept. 3.

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Wed July 17, 2013

EPA objects to Kodak's environmental plan

Eastman Business Park

The U.S. Environmental Protection Agency (EPA) has filed a formal objection to Kodak’s proposed environmental liability plan for the Eastman Business Park (EBP).

Under the plan proposed in the U.S Bankruptcy Court last month, Kodak would no longer be liable for environmental damage and contamination at the site caused by past operations.

Instead, liability would be assumed by a $49 million trust endowed by the company.

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Tue June 4, 2013

Upstate hackers tackle real-world problems

A group of computer programs, known as "hackers" assembled recently in Rochester.
Kate O'Connell WXXI

Citizens around the US joined together with government agencies over the weekend to celebrate the first national hacker's day. Upstate programmers congregated in Rochester to put their skills to use in a 24-hour hackathon aimed at solving real-world problems.

A range of projects were worked on by hackers at the Rochester event. Some people aimed their code-writing at local issues while others collaborated with participants across the nation to solve challenges.

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Tue May 28, 2013

Valeant CEO outlines more details of Bausch + Lomb deal

Originally published on Tue May 28, 2013 3:00 pm

Some rights reserved by maikel_nai

Michael Pearson, the CEO of Canadian drug maker Valeant Pharmaceuticals has spoken publicly about their purchase of Rochester-based Bausch + Lomb for the first time since the deal was announced Monday.

Pearson says the deal brings an opportunity for Valeant to immediately grow their presence in the global eye health market.

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Wed May 22, 2013

Hickey Freeman may be sold again

Some rights reserved by A Continuous Lean

There's the possibility that iconic clothing brand Hickey Freeman could change hands again. Former CEO of the company, Doug Williams, currently runs operations in upstate New York and licenses the Hickey Freeman brand from Authentic Brands, who bought the clothing company late last year.

Williams has confirmed that he is in talks with a Canadian company, Samuelsohn, which is interested in taking over his role in operations of the Rochester clothing factory.

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