Welcome to the business page, a blog where I'll take you behind the scenes of greater Rochester's fast-changing economy. My name is Ben Rand, and I intend to introduce you to some of the personalities, concepts and events that make news in business here. I've been a business reporter for eight years in Rochester and a journalist for 18, working in four states. I grew up in Pittsford, but moved away after college for about a decade. My wife and I live in Irondequoit with our two children.
Coming off the long Memorial Day weekend, here are links to some of the more interesting business stories making news:
- A Wall Street executive is getting the government's most important economic job: Secretary of the Treasury. (NY Times.)
- Here's an interesting look at the vagaries of the stock market. Apparently earnings analysis may not be the truly determining factor in the price of equities. (NY Times.)
- As if drivers didn't have enough to worry about with rising gas prices. Now it's getting more expensive to visit Canada. (St. Petersburg Times of Florida.)
- A tale of globalization. It turns out that tax breaks aren't a U.S.-only phenomenon. (The Seattle Times.)
- One of the two senators whose names are on the landmark corporate reform bill from a couple of years ago is retiring. Paul Sarbanes talks about his legacy in this article. (The Sun of Baltimore.)
- An update on that overhyped invention from a few years ago -- the one that was supposed to change the world and make us all forget our cars. The Segway may be going public. (The Oregonian of Portland.)