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Opinion

No two-bit
agreement

This summer, the Clinton administration unveiled a report outlining its goals and principles in the realm of electronic commerce. The report addressed a range of issues–from taxation to security and privacy–and overall promoted a market-oriented approach. Last week, this policy ...

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Rochester needs a program
for growth

It is well-known that economic growth in the past three decades has come from the emergence and growth of new companies. It should be obvious to all that the large companies in this community have been shrinking. Unfortunately, this trend ...

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Market realities

It was billed as the “best-documented case” of Japanese trade barriers ever assembled. But when a World Trade Organization tribunal issued its preliminary ruling last week, the U.S. government and Eastman Kodak Co. suffered a stunning defeat. The panel rejected ...

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When getting stuck
in line takes a toll

It’s an underappreciated job, counting change all day, dealing with a cranky public, standing in the booth, trying to stay warm in the winter and cool in the summer, responding again and again, all week long, to the same requests ...

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The IT economy

For years, employment experts and policy-makers have wrung their hands about the growth of the service sector at the expense of manufacturing. They’ve seen the “new economy” and they don’t like it. But there is more to today’s economy than ...

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To help Kodak,
streamline government

According to the Business Council of New York State Inc., “property taxes–63 percent above the national average–are a significant competitive problem for businesses in New York.” The property tax is a local tax, raised and spent locally to finance local ...

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Slowing down

Organized labor and its allies no doubt celebrated heartily when President Bill Clinton recently was forced to abandon his effort to win renewed fast-track authority for negotiating trade agreements. But they were not the only ones pleased to see the ...

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For Kodak, strategy
isn’t the hard part

The day after George Fisher took the wraps off his turnaround strategy in a meeting with analysts in New York City, the Democrat and Chronicle ran a large front-page photo of Eastman Kodak Co.’s chairman and CEO looking down in ...

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Succeeding by trying

When William Johnson Jr. became Rochester mayor in 1994, he inherited a High Falls redevelopment effort that already had cost the city more than $20 million. The investment of public money was intended to spark private development in the historic ...

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Cheaper power coming
to New York

First it was taxes–major reductions in those on personal income, general business profits, estates and more than a dozen individual industries. The Pataki administration has brought a revolution to regulation, breaking down obstacles to growth. The direct cost of creating ...

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Then and now

For longtime Eastman Kodak Co. watchers, this week brought an uneasy sense of deja vu. Once again, a humbled Kodak CEO appeared before skeptical Wall Street analysts, promising massive job cuts and a leaner, smarter photo giant. In the mid-1980s ...

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Finding satisfaction in
problem solving

Harry Trueheart is managing partner of Nixon, Hargrave, Devans & Doyle LLP. Along with his wife, Karen, Trueheart was among the Rochester businesspeople who sponsored this spring’s Kalachakra mandala exhibit at the Memorial Art Gallery of the University of Rochester. ...

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A $50 million question

Supporters of a state constitutional convention reacted with amazement and dismay Tuesday night when it became apparent voters had rejected the proposal by decisive numbers. The dismay is understandable, but not so the amazement. True, recent polls suggested the measure ...

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After decades of neglect,
the dot is hot

But that has really changed. The dot has burst from the background and millions of people who previously ignored it are talking about it every day. There is a dot at the end of this sentence. Can you see it, ...

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The steady hands

For those who believe in the rationality of market behavior, it has been a tough week. When currency speculators attacked the Hong Kong dollar, triggering a chain of events that led to a crash in the Hang Seng index, experts ...

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