Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

In the 40-odd seconds it took you to pick up this publication, glance at the index and thumb your way to this page, someone in the United States suffered a heart attack. In another few seconds, someone else will die ...

I don’t know about you, but I am really not that handy, especially when it comes to home issues like electrical and plumbing. But fortunately I “got a guy” for that. Even though I took shop class in high school, ...

The other day, I got a call from a friend asking me to be a reference for a new job. I was surprised because I always knew this person to be the definition of an engaged employee. They had even ...

Rochester Institute of Technology has appointed two new members to its board of Trustees. The announcement of the appointments occurred July 11 at the Board’s last meeting. The new appointees are Nita Genova and Dana A. Mehnert. Genova, the president ...

University of Rochester professor Nick Vamivakas has been named Dean of Graduate Education and Post-Doctoral Affairs. The professor, from the Institute of Optics, will assume the role for Arts, Sciences, and Engineering (AS&E). Vamivakas will assume his new position August ...

Employees still hold meetings in conference rooms at Clark Patterson Lee, but that’s not really why anyone goes into this particular one. It’s been transformed into a relax station, where employees can grab a free soda, do a puzzle, play ...

Friendly Senior Living, a senior residence and nursing facility located in Brighton, announced today that they have received a grant from the Ralph C. Wilson Foundation. The $200,000 grant will be applied to Friendly Living’s new health care staff training ...

As the Federal Reserve Board increasingly indicates it may cut interest rates later this year, the local banking and finance industry is ready for it by pursuing multifaceted strategies for growth. Martin K. Birmingham, president and chief executive officer of ...

Pharmaceutical prices are increasing at alarming rates in the U.S. According to National Health Expenditure data, Americans spent $333 billion in 2017 on prescription drugs, up from $236 billion in 2007 — a 40-plus percent increase, far outpacing inflation. Similarly, ...

According to a study put out by the Pepperdine Private Capital Market’s report, the No. 1 reason business owners contacted a broker or investment banker to sell their business in 2018 was due to retirement. Most business owners approach planning ...

Kevin Maroney, president and CEO of Fairport Savings Bank, is looking forward to July 25. That’s the day the bank begins offering its newest digital offering, Zelle, to customers. As Maroney explains, it’s basically a fast, safe and easy way ...

As the nation’s baby boomers continue to enter their 60s and 70s, elder care facilities are experiencing a growth spurt, as well as making significant changes to accommodate the needs of the next generation of older Americans. Senior living and ...

President Trump’s trade war with China has now dragged on for many months. Talks between the two nations are at an impasse with no obvious way forward. Apparently frustrated by this lack of progress in the trade talks, in May, ...

Mergers and Acquisitions (M&As) are on the rise once more and hardly a day passes by without us noticing news of them. Rochester in recent years has been a focal point due to some of the most high-profile M&A activities ...

In ways large and small, local residential facilities for seniors are working to reduce their negative effects upon the environment. Even some of the seniors they serve are stepping up in defense of the environment. “Our residents are very much ...