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

The investment industry is riddled with conflicts of interest. In a complex financial system with a wide array of financial professionals, intermediaries, products and services from which to choose, no one should be surprised that the best interests of the ...

Tagged with: David Peartree The Informed Investor

The first Buffalo Bills draft I covered back in 1985 was rather anticlimactic. The Bills already had signed Bruce Smith to a multiyear contract weeks before late NFL commissioner Pete Rozelle stepped to the podium to announce that Buffalo officially ...

Tagged with: On Sports Scott Pitoniak

Organizations and their business managers love their data. And they are rolling in it. As we have covered in previous columns, there is no shortage—we live in a world of big data. Literally, every move we make creates another data ...

Tagged with: Jacqueline Mozrall

So far, 2018 has been a dynamic year in healthcare. Rochester hospitals and healthcare systems are essential to our economy and our overall wellbeing. They have not only served more than 4.1 million patients in Rochester, but also generated $733 ...

Tagged with: On Health Travis Heider

Howard Brenner admits there have been occasions, particularly in recent years, when he’s wanted to punt. Occasions, when he’s seriously considered ending this 60-year love-hate relationship with the Cleveland Browns. The past two seasons—heck, the past two decades—have been times ...

Tagged with: On Sports Scott Pitoniak

Years ago, a colleague told me a story from his childhood that I am reminded of every time I read about another corporate scandal. When he was a kid living in Arkansas in the 1950s, the Easter chicks that parents ...

Tagged with: Business Ethics Jim Nortz

“I’m the manager of a small department and I’m near the traditional retirement age of 65. Recently, I was surprised to be asked by a couple of different senior managers about when I plan to retire. The truth is I ...

Tagged with: Kathleen Driscoll Managers at Work

Earlier this year, KeyBank conducted a survey of businesses with annual revenues between $20 million and $4 billion to uncover how they were planning to invest in 2018. More than 90 percent of respondents said they planned to keep their ...

Tagged with: Corporate Finance James Barger

Joe Altobelli’s room at the Edna Tina Wilson Living Center in Greece is festooned with remembrances from swings past. There are photographs from his days managing the Rochester Red Wings, San Francisco Giants and Baltimore Orioles. In one of the ...

Tagged with: On Sports Scott Pitoniak

I am not among those who fear the people. They, and not the rich, are our dependents for continued freedom. —Thomas Jefferson I was in Manchester, Vermont recently and saw a memorial to Thomas Jefferson that included a number of ...

Tagged with: Gerald Archibald Non-profit Management

Each year, at the Final Four of the NCAA basketball tournament, a Most Outstanding Performer Award is presented. I’m ready to cast my ballot before the opening tip. My MOP? Sister Jean Dolores Schmidt from Loyola-Chicago. You may think that’s ...

Tagged with: On Sports Scott Pitoniak

Anti-retaliation provisions protecting corporate whistleblowers can be found in various sections of the federal law. The statutes are not entirely consistent, and the failure to comply strictly with the applicable rules can foreclose access to the remedies and protections the ...

Tagged with: Jeremy J. Wolk law

The news coverage regarding tax reform has focused on the impact it has on tax-paying entities. However, the law changes will also have a very significant impact on exempt organizations. This article reviews the provisions of Tax Cuts and Jobs ...

Tagged with: Josh Gewolb Taxing Matters

Basketball-hall-of-famer-turned-commentator Bill Walton jokes over the phone from San Diego that his loquaciousness is all Marty Glickman’s fault because it was Glickman who helped him overcome a life-long stuttering problem. To those not familiar with Glickman, he was the first ...

Tagged with: On Sports Scott Pitoniak

We are in the midst of a tough New York State budget season with many difficult decisions to be made. All regions of the state are pulling for things that are important to them, with the Finger Lakes region no ...

Tagged with: On Business Robert Duffy