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

Back in 1789, Benjamin Franklin advised that “nothing is certain but death and taxes.” His pithy words came to mind as I thought about the Jacksonville Jaguars selection of Trevor Lawrence with the first pick of the 2021 NFL draft. ...

Growth expectations for the U.S. economy have continued to increase since the fourth quarter of last year as the rate of vaccinations has exceeded expectations. Real GDP decreased 3.5% in 2020, and we will need an increase of more than ...

What happens to a thriving, rural Upstate community when a global pandemic strikes? Can its government stand up to the financial rigors caused by severe funding shortfalls? Can the government’s workforce continue to adequately deliver services to residents while also ...

82% of companies plan to allow remote or hybrid work permanently.  — Gartner Inc.   By 2025, 36.2 million Americans will work remotely, up 87% from pre-pandemic levels.  — Upwork Future Workplace Pulse Report  75% of workers would take a pay cut in order to ...

I’ll be honest with you. I didn’t know who Patrick Marleau was. I do now. And you should know about him, too, because Monday night the 41-year-old forward set a record by playing in his 1,768th regular-season National Hockey League ...

Digital platforms are one of the most remarkable and transformative marvels of the “fourth industrial revolution.” Digital platforms or marketplaces have become indispensable in all aspects of modern living from the way we shop (Amazon), commute (Uber, Lyft), and travel ...

In an effort to recover from significant economic challenges brought on by the COVID-19 pandemic, New York state’s new $212 billion budget — signed by Gov. Andrew Cuomo this week — contains approximately $4.3 billion in new tax revenue, most of which will be generated from tax increases for high-income earners and corporations. New York is not alone in this plight, as ...

The data may be settled but the debate is not. The data tell us that over time the overwhelming majority of active investment strategies cannot outperform a simple market tracking index fund. The debate remains unsettled, however, because it’s a ...

Although I didn’t cover that unforgettable, marathon baseball game during the spring — and summer – of 1981, I feel as if I did, thanks to countless hours of research and scores of interviews with the participants. Over time, I’ve ...

“I’ve inherited a new employee who is transferring in from another department and I had very little to say about her hire. Now, as I get to know her limitations, I’m becoming concerned about how she will fit into our technical team. ...

As the current administration nears its first 100 days in office, legislation and immediate priorities have remained centered on containing the COVID-19 pandemic and strengthening the economy following the passage of the American Rescue Plan. However, discussions are already underway ...

An enormous potential that has defined industries and their economic performance has come from financial markets. They have allowed companies to tap into financial resources necessary for their growth through attracting investments of additional owners. Investors get involved with the ...

This November, New Yorkers will vote on a proposed environmental rights amendment to the Bill of Rights of the New York State Constitution: Environmental rights. Each person shall have a right to clean air and water, and a healthful environment. ...

Each April, when my bride asks what I want for my birthday, I jokingly tell her “the Holy Grail of baseball cards — a 1952 Topps Mickey Mantle.” We both chuckle because the purchase of one of these tiny pieces ...

The most prevailing controversy in the digital media space is the issue surrounding privacy. Consumers are worried about their privacy and what, exactly, is being tracked. Users generally have no idea which companies are processing their data. This can sometimes ...