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

The District of Columbia attorney general sued Facebook in December in connection with the well-publicized Cambridge Analytica scandal, alleging the company violated the District’s consumer protection statute by failing to protect user privacy. The action is the first significant state-level ...

Tagged with: Jeremy J. Wolk law

Employee engagement has been a popular topic in recent years. But what does it mean in your company? What does it look like? How do your “engaged” team members feel and behave? Motivation is the first thing I think of ...

Tagged with: great workplaces Lauren Dixon

The energy sector is, by far, one of the most difficult sectors to understand for the typical investor.  It’s hard enough to comprehend the notions of proven reserves and spare capacity let alone the various other factors that influence demand, ...

The IRS has issued new guidance on an unexpected and controversial provision of the Tax Cuts and Jobs Act: a new tax on non-profit employee parking. The guidance provides a method that some non-profits may be able to use to ...

Tagged with: Josh Gewolb Taxing Matters

Asset-based lending, or ABL, can be used to obtain capital for acquisitions or mergers, equipment upgrades, inventory and other opportunities. As its name suggests, it is lending secured by an asset. This could be a company’s accounts receivable, inventory and/or ...

Tagged with: Corporate Finance James Barger

Common sense, Voltaire once mused, is not so common. Though the enlightened French philosopher made that sarcastic observation a few centuries ago as the world emerged from a similarly dark period, the words could easily apply to the National Football ...

Tagged with: On Sports Scott Pitoniak

Falling equity markets. Rising interest rates. Geopolitical forces. These and other factors contributed to the substantial volatility in our domestic financial markets as 2018 came to a close. Navigating the markets in the year ahead may be equally, if not ...

Tagged with: Managers at Work Patricia Foster

According to Rochester’s Climate Action Plan, over 50 percent of the city’s total greenhouse gas emissions come from the combustion of natural gas (i.e., methane). This does not include methane leaks that occur during the extraction and transmission of natural ...

The Rochester and Finger Lakes region is currently experiencing a very exciting time of economic development and growth planning for the future. A fantastic team from the renowned Boston Consulting Group (BCG) is nearing completion of a report on recommended ...

Kyler Murray’s armored car has arrived at the proverbial fork in the road. Either direction he chooses will result in that Brink’s truck being stuffed with enough dinero to last several lifetimes. In the coming weeks Murray must decide whether ...

Tagged with: On Sports Scott Pitoniak

 “Cheers to a New Year and another chance for us to get it right!” — Oprah Winfrey This column will continue my attempt to convince tax-exempt organizations that traditional monthly financial statements, without dashboard analysis, are a failure in terms ...

Tagged with: Gerald Archibald Non-profit Management

Every January there are predictions about what will happen in the upcoming year. At Voice+Code, we’ve put together advice about how businesses can use technology to be more successful in 2019. Reactions to technology changes need to be faster and ...

Tagged with: Heidi Trost technology

Do you need some inspiration as you enter the new year? Still tired from the one that just ended? Do any of your New Year’s resolutions involve your life as a manager? According to a study published in Psychology Today, ...

Tagged with: Kathleen Driscoll Managers at Work

His golf credentials are impeccable, but in the coming weeks and months we may discover how skilled Jason Ballard is at another endeavor — juggling. Life is about to become quite hectic for the fifth-year Oak Hill Country Club head ...

Tagged with: On Sports Scott Pitoniak

On Dec. 13, I had the great pleasure of attending a meeting of the Rochester Chapter of Conscious Capitalism held in the offices of SWBR Architects. The meeting was advertised as “Measuring What Matters” and featured work undertaken by SWBR ...

Tagged with: Business Ethics Jim Nortz