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

Drive along Route 332 in Farmington and, behind the Taco Bell just south of the intersection of Route 96, you’ll see construction is underway on a new Microtel by Wyndham hotel. That someone would be building a hotel as a ...

Monro Inc. on Wednesday reported a 22 percent drop in sales and an 87 percent plunge in earnings in the first quarter. For the quarter ended March 27, the Rochester-based undercar repair and tire service company reported revenues of $247.1 ...

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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 ...

Eastman Kodak Co. shares (NYSE: KODK) tripled Tuesday on news that the photo giant will receive a $765 million loan from the U.S. International Development Finance Corp. to begin producing pharmaceuticals. Kodak stock closed at nearly $8 Tuesday, up from ...

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Xerox Holdings Corp. on Tuesday reported a significant drop in second-quarter sales and earnings, falling short of Street estimates for revenues by $80 million. For the quarter ended June 30, the printer giant posted revenue of $1.47 billion, down $798 ...

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Restrictions on how real estate agents could conduct business, along with hesitancy of buyers and sellers to venture into the market during a pandemic, led to a dramatic drop in new listings of homes and closed sales during the second ...

The Golisano Foundation has awarded nearly $230,000 in the fourth round of its COVID-19 Response Grants to six organizations in Western New York and Southwest Florida. Grants totaling more than $215,000 have been awarded to agencies that serve individuals with ...

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An attorney with Harris Beach PLLC is using her wide-ranging professional expertise to help school districts navigate the challenges they are facing with meeting students’ special education needs during the COVID-19 outbreak. “COVID changed everything for school districts,” said Anne ...

COVID-19 is likely to have an impact on business insurance moving forward, with area experts saying it could be a balancing act between providing additional coverage for a global pandemic while keeping premiums at a manageable rate. Skip Pleninger, president ...

As the Rochester region and the state slowly begin to stabilize from the pandemic and businesses consider how and when they might reopen under Gov. Andrew Cuomo’s directives, experts say air quality and filtration play a crucial role in those ...

Eleversity, a community impact program of Heritage Christian Services, will hold a four-session summit beginning Thursday to address diversity, equity and inclusion. The “Women of Color Virtual Summit: An Educational Series” was created for and by women of color and ...

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Over the past few months, our workplaces have changed tremendously. Offices that were once full of people are now nearly empty. Work that was once done in person is now being done at home. With so many now working remotely, ...

When Gov. Andrew Cuomo placed a moratorium on residential foreclosures earlier this year, local lenders quickly started working with homeowners on payment forbearances. Brian E. Pasley, an executive vice president at Canandaigua National Bank & Trust for consumer lending, says ...

Rochester Accessible Adventures, a local nonprofit that trains, supports and promotes recreation businesses to operate inclusively, is hoping to train 2,020 youth and adults this year in its #WeWillInclude movement. RAA is responding to the impact of COVID-19 with an ...

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Black- and Brown-owned businesses in the 25th Congressional District very likely had less access to Paycheck Protection Program funding than the rest of the business community, according to an analysis of data by the Empire Justice Center. Self-employed individuals and ...