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Manufacturing

No clearcut answer on employee, contractor question

“For years, our small company has hired an ‘independent contractor’ to help us with very specialized work that members of our staff don’t have the expertise or the training to do. His hours are variable and he works from his ...

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Kodak posts smaller first-quarter loss, decline in revenues

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Eastman Kodak Co. on Thursday afternoon reported a smaller first-quarter net loss but also a double-digit percentage decline in revenues. The per-share loss was 43 cents, compared with a loss of $1.38 a share in the first quarter of 2015.

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Harris reports increase in Q3 profit, sales

Harris Corp. continues to benefit from its multibillion acquisition last year of Exelis Inc., reporting on Tuesday increases in its year-over-year third-quarter profit and sales.

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Harris unit receives $29 million in orders

Harris Corp.’s Rochester-based Communications Systems’ business has received two orders totaling $29 million to provide its tactical radios to an undisclosed customer in Europe.

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Companies serious about social responsibility

Corporate social responsibility at Constellation Brands Inc. is more than just doing the right thing. It is a commitment to the land, people and communities where the firm’s employees live and work, the company’s leaders say. That means the alcohol ...

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Bivona Child Advocacy Center wins gold at RBJ Best of the Web

Bivona Child Advocacy Center won gold at the Rochester Business Journal’s 19th Best of the Web competition. A crowd of nearly over 300 business professionals attended the event Thursday at the Hyatt Regency Rochester. The event has been held since 1996.

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Where light has long shined

Rochester’s win in the national contest to be the headquarters site of the $600 million American Institute for Manufacturing Integrated Photonics should come as no surprise. An outgrowth of optics, the discipline that plumbs the physical properties of light, photonics ...

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Valeant’s woes could prompt sale of B&L

Part of Bausch & Lomb Inc.—or the entire business—soon could be on the block again. After hedge fund manager William Ackman’s declaration two weeks ago that divesting a portion of the eye care company could help solve problems faced by ...

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Rochester Top 100: A talent supplier to the technology sector

The founders of Wellington Steele & Associates Inc. see Rochester as a region brimming with potential to become a hub of technology, and they hope to be a major force behind it. The consulting and staffing firm has carved out ...

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Kodak posts Q4 profit; in talks to sell its Prosper business

Eastman Kodak Co. is looking to sell off one of its highly touted businesses. The company is in talks with prospective buyers about offers to purchase its Kodak Prosper Enterprise Inkjet business, officials said Tuesday.

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Valeant shares plunge on risk of default on bonds

Valeant Pharmaceuticals International Inc.’s shares plunged to their lowest point in months on Tuesday after Bausch & Lomb Inc.’s parent said delay of its annual report is putting it in danger of defaulting on bonds.

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