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

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

Internet of Things (IoT) technology refers to giving everyday objects access to the internet. That includes your coffee maker, refrigerator, thermostat and nearly any other object can collect data, perform actions, communicate with people and other objects, and be controlled ...

Tagged with: Heidi Trost IoT technology

Next Tuesday afternoon, Jim Boeheim will participate in a Celebrity Golf Scramble at the Danielle Downey Credit Union Classic at Brook Lea Country Club. It will be a good time for the second-winningest coach in the history of men’s college ...

Tagged with: On Sports Scott Pitoniak

The late Rodney Dangerfield made a career complaining in multiple and hilarious ways about how he “got no respect.” Of course, this experience is not limited to successful comedians. We’ve all felt the sting of disrespect in multiple forms and ...

Tagged with: Business Ethics Jim Nortz

“Hate your next-door neighbor, but don’t forget to say grace…” — “Eve of Destruction” (written by P.F. Sloan, adapted by Barry McGuire) I write this column while visiting Spain. It has been a reflective two weeks, which accounts for the ...

Tagged with: Gerald Archibald Non-profit Management

“In a cost-cutting move, senior management says we will no longer be able to provide cell phones to our employees. From now on, my team will be expected to provide their own phone for work purposes. Is this legal? And ...

Tagged with: Kathleen Driscoll Managers at Work

The U.S. Department of Labor Wage and Hour Division (DOL) released new guidance in the form of an opinion letter on the hot-button issue of whether individuals who provide “on-demand” services for companies in the gig economy are independent contractors ...

Tagged with: Jeremy J. Wolk law