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

You only get one chance to make a first impression, and what an impression Syracuse University basketball made on me when I attended my first game as a wide-eyed 15-year-old at dusty, old Manley Field House on Jan. 14, 1971. ...

Tagged with: On Sports Scott Pitoniak

The IRS has issued new guidance on how taxpayers with hidden money offshore can come clean. The new procedures replace the nearly 10-year old offshore voluntary disclosure program, which the IRS terminated last fall. Certain taxpayer can still receive the ...

Tagged with: Josh Gewolb Taxing Matters

In hindsight, it seems that last December might have been a reasonable time to consider additional economic stimulus in the form of a Federal Reserve Bank interest rate cut. By Christmas of 2018, the U.S. government was in the midst ...

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 ...

“My boss is a control freak—I don’t need him to tell me in detail how to perform simple tasks, yet he can’t resist. What’s more, he is insisting that I be a control freak over my people and I simply ...

Tagged with: Kathleen Driscoll Managers at Work

I’m not a big believer in sports jinxes and curses. The Chicago Cubs didn’t go more than a century without a World Series title because that odiferous billy goat and his owner were asked to leave their Wrigley Field box ...

Tagged with: On Sports Scott Pitoniak

On June 24, 2019, The U.S. House Financial Services Committee announced a second Senate hearing for Facebook’s Libra would be held on July 17. Since Facebook announced their decision to make Libra, a cryptocurrency, more central to their business model, ...

Tagged with: Business Banter David Kunsch Pouya Seifzadeh

    The U.S. expansion entered its 121st month in July, becoming the longest on record. Strong and resilient employment growth has accompanied the cycle, driving the national jobless rate to a 50-year low. Rochester has followed a similar path—with ...

Personality tests continue to grow in popularity as a workplace tool—not only in how they’re used, but also in the number of assessments available. The more common ones include DiSC Behavior Inventory, the Big Five, Myers-Briggs Type Indicator (MBTI), Occupational ...

Tagged with: great workplaces Lauren Dixon

For over 50 years the U.S. Supreme Court (Court) has wrestled with defining what speech is “obscene,” “immoral” or “pornographic” under law. Such grappling led to one of the most famous phrases uttered by a Supreme Court Justice: “I know ...

Tagged with: Jeremy J. Wolk law

Heraclitus, an ancient Greek philosopher who knew not a whit about American football, opined there is nothing permanent except change. True that. And the change at One Bills Drive has been downright dizzying since the McBeane team of Coach Sean ...

Tagged with: On Sports Scott Pitoniak

In previous columns we have discussed the importance of conducting due diligence in the process of selecting a financial services professional. There is much that you can do to screen out individuals and firms that do not deserve your trust. ...

Tagged with: Patricia Foster The Informed Investor

Greater Rochester Chamber of Commerce has gotten intensely involved in our region’s economic development initiatives over the past year. This is in addition to our core offerings of business advocacy, professional development, networking, promotion, human resources, and background screening and ...

Tagged with: On Business Robert Duffy

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, ...

A few hours before scheduled starts, Mike Mussina could be found in the clubhouse, pen rather than baseball in hand, calming his nerves and sharpening his mind by solving New York Times crossword puzzles. That the former Rochester Red Wings ...

Tagged with: On Sports Scott Pitoniak