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Quote of the week

“We (will) all cross our fingers and hope we’re going in the right direction, but right now there’s a lot of uncertainty.” —Century Mold Co. Inc. president and CEO Ron Ricotta, on the economic impact of Donald Trump’s election as ...

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Quote of the week

Arc of Yates Sept. 25: The Keuka Lake Relay Rally was held at Keuka Lake State Park. The event drew runners from across the state (and Pennsylvania).  More than $26,000 was raised for Arc of Yates programs. The event is a ...

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Rochester added 3.1 jobs a day, on average, in 10-year span

Local private sector employers added an average of 3.1 jobs per day during the 10 years from September 2006 to September 2016, entitling the Rochester metro area to a rank of 72 among 106 major U.S. metro areas, according to ...

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Performance shades merits of active management

I come to praise active management, not to bury it. Active management has been much maligned recently, including in this column, because of the increasing dominance of index investing over active stock picking. Indeed, according to estimates from Morningstar, actively ...

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Directors’ fiduciary duties come into focus at year-end

As another year-end approaches, the demands placed on the members of a board of directors are often vastly increased by the seemingly annual sprint to close transactions by Dec. 31. When coupled with the personal commitments of this time of ...

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Executives considering a merger shouldn’t try to time the market

At the end of 2015, a record year for mergers and acquisitions, forecasters predicted the trend would continue through 2016. Instead, commodity pressures, price transparency and a strong U.S. dollar slowed M&A activity across a range of industries. By most ...

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Winfield continues to deliver off the baseball diamond

He had always been philanthropic, so when Major League Baseball officials asked Dave Winfield to speak to young players at a symposium near the end of his career in the mid-1990s, he jumped at the opportunity as if it were ...

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Expectations for nonprofit boards more stringent

“Management is doing things right; leadership is doing the right things.” —Peter Drucker The three presidential debates that I watched with my wife, Betsy, served as the core idea for the topic of this column. In a touch of irony, ...

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Sailing on treacherous seas: When part time becomes full time

“I have been out on three months of maternity leave. I had originally planned to return to my management job on a full-time basis. But going back to those long hours and 60-plus hour workweeks will put a significant strain ...

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Fed chair acknowledges questions on U.S. economy

In a recent speech at the Boston Federal Reserve, Fed chair Janet Yellen shed some light on the Federal Open Market Committee’s assessment of the current U.S. economic situation, saying the Fed was “struggling” to understand the nature of the ...

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Explore

WEEKEND BESTBETS 1 Standup comic Sebastian Maniscalco is in town for two shows—at 7 and 9:30 p.m. Nov. 4—at Rochester Auditorium Theatre. Maniscalco was seen in an episode of “Comedians In Cars Getting Coffee” with Jerry Seinfeld. ticketmaster.com 2 The ...

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Nonprofit Report: R Community Bikes Inc.

R Community Bikes Inc. collects and repairs used bicycles for distribution without charge to needy children and adults in Rochester. Its mission is to provide safe, basic transportation for people in the community who depend on bikes for recreation as ...

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