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COVID-19 Coverage

SatisPie, Texas real estate investor bullish on leaseback deal

Frozen pie maker SatisPie has used a sale/leaseback deal to eliminate debt and provide capital for the business (photo provided by MAG Capital Partners).

Michael Pinkowski, owner of SatisPie LLC, believes it makes more sense to invest in pie-making equipment and packaging than roof repairs and building upgrades. He also likes the idea of a balance sheet that shows no red, especially in a ...

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Retail Council creates online store for the little guys

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There’s a new shopping mall in town – on the web.  The Retail Council of New York State has created an online listing of stores across the state so they can do business remotely during the COVID-19 pandemic. The listing at RetailNewYork.com, ...

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Essential retailers take on ever-changing rules, role during pandemic

What worked last week doesn’t necessarily work this week.  That’s pretty much what essential retail businesses are dealing with as they carry on in the face of the COVID-19 pandemic. Just a few days ago, many companies were voluntarily providing ...

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UR announces pay cuts, furloughs due to pandemic economics

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In an announcement to the University of Rochester community Wednesday, President Sarah C. Mangelsdorf and other campus leaders announced the university will freeze hiring and wage increases, give senior administrators a pay cut, and commence on a series of short-term ...

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Morelle says bolstering Payroll Protection Program is a priority

Rep. Joe Morelle.

Ensuring every small business has access to Paycheck Protection Program funding will be imperative as Congress considers additional action to bolster economic recovery in the wake of the coronavirus pandemic, Rep. Joe Morelle said Wednesday. Morelle said that while the ...

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Lester Eber, longtime distributor, dead at 82

Lester Eber, who worked for more than six decades in the wine and liquor industry, much of that time representing the former family-owned Eber Brothers Wine & Liquor distribution company in Rochester, died April 5 from complications of COVID-19. He ...

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New COVID-19 test developed in Rochester receives FDA approval

Coronavirus outbreak and coronaviruses influenza background as dangerous flu strain cases as a pandemic medical health risk concept with disease cells as a 3D render

The U.S. Food and Drug Administration on Tuesday said it had granted Emergency Use Authorization to Ortho Clinical Diagnostics’ total antibody test for COVID-19. The test is one of the first high-throughput, automated COVID-19 antibody tests to be granted Emergency ...

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Chamber to give away donated masks

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In response to Gov. Andrew Cuomo’s executive order requiring essential, public-facing workers to wear masks, the Greater Rochester Chamber of Commerce will give away FDA-approved surgical masks to member organizations on Wednesday. Cuomo’s executive order, which goes into effect at ...

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Work from home may be larger part of new normal, Hochul says

Lt. Gov. Kathy Hochul.

When the coronavirus pandemic ends and normalcy returns, New York Lt. Gov. Kathy Hochul believes businesses may take a different approach to the work place. “This is an opportunity for businesses, when they re-think their one-year, five-year and 10-year plans, ...

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