Arkansas-based Windstream announced Thursday it had completed its acquisition of PAETEC in a deal valued at 2.3 billion dollars. But as the Innovation Trail’s Zack Seward reports, the company also announced it was cutting jobs. ”This creates a much stronger company.” That’s Joe Marano, the Windstream VP in charge of the PAETEC merger. He says […]
November 16, 2011 by Gregory Keeler
Zack Seward, DANSVILLE, NY WSKG’s Gregory Keeler speaks with Innovation Trail reporter Zack Seward about today’s DEC hearing, receiving public comment about the Supplemental Generic Environmental Impact Statement, or SGEIS, which will inform the DEC’s process of regulating drilling for natural gas in New York State. PHOTO: Zack Seward / InnovationTrail.org
ROCHESTER- Zack Seward After months of hammering out the details, the Finger Lakes Regional Economic Development Council has announced the ten projects it’s throwing its weight behind. The projects are part of the council’s competitive application for 40-million-dollars in state money. Joel Seligman is the president of the University of Rochester and the co-chair of […]
June 27, 2011 by Gregory Keeler
Zack Seward, ROCHESTER Last Friday, President Obama announced a 500-million-dollar manufacturing partnership that will bring together a handful of top businesses and universities. But as the Innovation Trail’s Zack Seward reports, the initiative to make U-S factories more competitive, largely bypasses New York state. The Hill reports the Obama administration is already pushing back […]
Zack Seward, ROCHESTER Between its annual Jazz Fest and a handful of conferences, Rochester has a lot of visitors in town these days. As the Innovation Trail’s Zack Seward reports, all those people are a major economic force. “A lot of people don’t see the economic impact of a visitor to this community, but it […]
Zack Seward, BATH NY The latest showdown over hydrofracking in New York’s Southern Tier is over the issue of so-called “drill cuttings.” As the Innovation Trail’s Zack Seward reports, some say they’re dangerously radioactive, while some say they’re safe. “Drill cuttings” are basically the piles of earthen waste that gas drillers remove as they dig […]
March 31, 2011 by Gregory Keeler
Zack Seward, ROCHESTER In part one of a four-part series on “Brain Drain” for Innovation Trail, Zack Seward profiles three young professionals who call Rochester home. “What’s really going on is that you’ve got people, especially the young and educated, who are footloose,” says Federal Reserve Bank of New York economist Richard Deitz. “They’re looking […]
As we heard from Emma Jacobs earlier this week, New York relies heavily on perks like tax breaks to induce businesses to come or grow here. According to a study by the Fiscal Policy Institute, the state handed more than 5-billion-dollars in tax incentives last year alone. But as the Innovation Trail’s Zack Seward reports […]
December 2, 2011 by khcook
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