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

Monroe County is temporarily waiving the 3 percent credit card fee normally charged for the online payment of school taxes. The waiver was implemented to lessen public interaction at municipal buildings, reduce the demand on municipal employees and make tax ...

New York Attorney General Letitia James again extended for another two weeks the moratorium on the collection of medical and student debt owed to the state that is being pursued by her office. James will reassess the needs of debtors ...

While restrictions on tapping into one’s retirement account have been loosened due to the COVID-19 pandemic, local financial planning experts say it still may not be the best option. If it is pursued, however, a person needs to know if ...

“How am I doing?” is one of the most basic questions an investor can ask. Without the right information, it’s hard to give an answer. Many investors take a casual approach to tracking their investment performance and look no further ...

Summer is typically a down time for colleges and universities, but local educators say this year has been anything but typical as they prepare to navigate the fall semester amid the global COVID-19 pandemic. Most of the local colleges and ...

Off-price national retailer Stein Mart, Inc., has filed for bankruptcy and plans to close most, if not all, of its 281 stores. Stein Mart has one store in the Rochester area, located in Pittsford Plaza. Stein Mart announced today that ...

The village of Fairport Local Development Corp. will offer a reimbursement grant program to help businesses adapt to the impact of COVID-19. The Local Investments for Fairport’s Transformation (LIFT) Grant program will assist village businesses as they adapt to operating ...

Tagged with: covid economic development Fairport grant

Area businesses are being asked to complete a COVID-19 Economic Impact survey so Monroe County, Greater Rochester Enterprise and the Greater Rochester Chamber of Commerce can tailor programs and initiatives to meet needs. Fast Forward Monroe aims to understand the ...

We are still in the midst of a global pandemic which, with few geographic exceptions, is raging on with no end in sight. It has changed our lives, our habits, and our economy. In many ways, it is impacting our ...

The U.S. International Development Finance Corp. (DFC) has put a hold on its $765 million loan to Eastman Kodak Co. in light of an investigation of the matter by the U.S. Securities and Exchange Commission. The agency made the announcement ...

Tagged with: continenza dfc eastman kodak Kodak pharmaceuticals sec

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 ...

Rochester-Genesee Regional Transportation Authority is slated to receive $9.2 million in federal funding to help ensure the organization can continue offering essential public transportation during the COVID-19 outbreak. “Our dedicated regional transit workers have played an integral role in making ...

Tagged with: cares act covid funding RGRTA RTS

ESL Federal Credit Union President and CEO Faheem Masood talks to the RBJ about managing an organization during a pandemic, the changing relationship with customers, the steps ESL has taken to help the community get through this crisis, and more.

Now is the time of year when United Way of Greater Rochester Inc. typically would celebrate with the community the results of its annual workplace campaign that helps fund some 75 local nonprofits. But this year is a little different, ...

Tagged with: Clark Patterson Lee covid covid-19 jaime saunders Todd Liebert united way

Jim Swetman had already been in front of the planning board, had secured the necessary approvals as well as a tax break, and was ready to sign the contract for construction of a new commercial real estate venture in Farmington. ...