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

Now that we are in the midst of the COVID pandemic, there has been a lot of talk about the value of investing in high quality companies. The challenge is: what exactly does that mean, and how should one go ...

On July 28th, Kodak announced its new ‘Kodak Pharmaceuticals’ initiative backed by a $765 million government loan. The initiative is in response to calls for more focus on domestic production and less reliance on imports of strategic supplies from abroad, ...

Marv Levy chuckled when I told him there’s a movement afoot to get heretofore New Era Field named in his honor. The winningest coach in Buffalo Bills history sounded both flattered and amused. “I’m blushing over the phone,’’ Levy joked ...

For decades now, compliance and ethics professionals, and many corporate executives, have sought to build “values-based” cultures rather than “rules-based” cultures. Such initiatives are grounded in a well-founded belief that, unlike rules that merely dictate what employees can and cannot ...

The impact of the COVID-19 pandemic on the Rochester region and the entire world has been well documented. Most business sectors — including education, health care, manufacturing, restaurants and retail — have experienced massive and immediate changes that have made ...

Traditional economic indicators are hampered by being both “backward looking” and having appreciable time lags. Rapid changes in economic activity during the COVID-19 recession have magnified these shortcomings, necessitating a shift to more “real time” methods of tracking business and ...

Wow, that didn’t take long. Just five days into the Major League Baseball season, reality arrived like an Aroldis Chapman 100 mph fastball to the ribs. News that 11 Miami Marlins players and two coaches had tested positive for COVID-19 ...

When developing a B2C digital advertising strategy, there are two components that are essential. The first one is identifying your objective. This is the easy part. Do you want more people to know about your product, service or brand (awareness)? ...

Toward the end of the second quarter of 2020, we started to see economic data the stock market had been foreshadowing at the beginning of the quarter. While we will not know the true drop in GDP until late July, ...

Given the economic hardships wrought by the coronavirus pandemic, it could take a while for the Buffalo Bills to find a new sponsor to name their stadium after, now that New Era has removed its cap from the ring. I ...

The pandemic has knocked a surging economy flat on its back. Predictions on its recovery range from the V-shaped curve we’d all like to see to the forecast by the Congressional Budget Office that implies it will take a decade ...

This month financial professionals are delivering a new disclosure document to their retail customers and clients. Form CRS aims to reduce investor confusion about the distinct roles played by broker-dealers and investment advisors in the marketplace. Whether you are already ...

At its most basic level, the board of an organization should be a deliberative decision-making group of individuals that acts in the best interests of the organization. The board is subject to all of the positives and negatives of group ...

COVID-19 has changed the way we work, if not forever, for at least as long as most business executives reading this column will be in the workforce. But while this pandemic has been devastating for businesses of all sizes and ...

Now that the 12th of NEVER has arrived for the defiant buffoon who owns Washington’s National Football League team, Daniel Snyder must come up with a name to replace the one that slurred Native Americans for nearly nine decades. “Redskins” ...