Topic: University of Rochester

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  • Eastman Kodak employees, retirees, stockholders brace for pain

    Rochester mayor Tom Richards described Thursday's bankruptcy filing as more of a psychological blow than an economic jolt to the city, where Kodak has been the engine of local commerce for 132 years.

  • Eastman Kodak files for bankruptcy

    Eastman Kodak ruled the photography world for over a century, but on Thursday Eastman Kodak filed for Chapter 11 bankruptcy protection

  • Bankruptcy protection: Kodak makes moves to stave it off

    Kodak may file for bankruptcy protection, as analysts wonder if the company will find a buyer for its trove of patents. Bankruptcy protection could hit 'in the coming weeks,' according to one report.

  • Time cloaking: how scientists opened a hidden gap in time

    Scientists say they have achieved 'temporal cloaking' – manipulating light in a way that makes it appear as if 50 trillionths of a second never happened. Now, they'll try to expand the gap.

  • Five reasons the S&P downgrade isn’t so bad – and one word of caution

    Five reasons the S&P downgrade isn’t so bad – and one word of caution

    If the Standard & Poors downgrade of US debt from AAA to AA+ worries investors enough, the US may be forced to pay higher interest on its debt, which could affect interest rates across the economy, from mortgages to car loans. But for now, economists say, the economic impact of the downgrade will likely be minimal and US Treasury bonds will continue to be the investment vehicle of choice for American and overseas investors. “Despite the drop in the rating and the fact that the US economy is going through a fiscal crisis, it’s still one of the safest places to invest,” says Farhad Saboori, an economist at Albright College in Reading, Penn. Here are five reasons why the downgrade isn’t as bad as it seems, and a reminder not to take it too lightly:

  • How Congress's high-stakes brinkmanship became the new normal

    How Congress's high-stakes brinkmanship became the new normal

    From Minnesota to the NFL to the halls of Congress, negotiations keep devolving into one high-stakes game of chicken after another, as public intransigence works against private compromise.

  • Amy Winehouse album: the pluses and pitfalls of a posthumous release

    Amy Winehouse album: the pluses and pitfalls of a posthumous release

    Amy Winehouse fans have been hoping for a follow-up to her ‘Back in Black’ album. There are plenty of cautionary tales, as well as success stories, about how to do a posthumous release right.

  • In Pictures Graduation 2011

    Graduates sing before President Barack Obama delivers the commencement address at the Booker T. Washington High School graduation at Cook Convention Center in Memphis, Tenn., on May 16.

  • In Wisconsin standoff, a test: Has governor gone overboard to trim deficit?

    In Wisconsin standoff, a test: Has governor gone overboard to trim deficit?

    Wisconsin Gov. Scott Walker wants state workers to pay more for their pensions and health care, while taking away their unions' collective bargaining power. The governor says he has no choice in order to trim a $3.6 billion deficit. But state workers are livid.

  • Top Super Bowl commercials 2011: six winners and losers

    Top Super Bowl commercials 2011: six winners and losers

    Super Bowl commercials have become a mini-film festival, keeping the less-than-diehard football fans in front of the tube. But this year’s top spots are singled out for their misses as much as their hits.