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

U.S. Sen. Charles Schumer has drawn up a plan to cancel up to $50,000 in debt for federal student loan borrowers. The resolution outlines how the next president should use existing executive authority under the Higher Education Act to substantially ...

Tagged with: charles schumer covid elizabeth warren student loan student loan debt

The New York State Department of Labor this week said that payments for the Lost Wages Assistance (LWA) program, which provides an additional $300 in weekly benefits to unemployed New Yorkers, will begin next week. Up to 2.4 million New ...

Tagged with: covid department of labor dol unemployment wages

Big changes are coming to Causewave Community Partners as it reaches its 70th anniversary year. The nonprofit collaborative has named its first chief operating officer and made a number of new hires to accommodate the needs of the nonprofit sector ...

Tagged with: causewave covid nonprofit

Rochester-based startups Leep Foods and Crystal Creek Organics are among the 20 finalists in the Grow-NY competition, which features a top prize of $1 million. Grow-NY is a food innovation and agriculture technology business challenge, which focuses on enhancing the ...

Willie, a 5-year-old red panda, has made his way to the Seneca Park Zoo, where it is expected he will woo Starlight, the zoo’s female red panda. Willie’s arrival in Rochester was based on a recommendation from the Association of ...

Tagged with: endangered species red panda seneca park zoo starlight willie

Excellus BlueCross BlueShield has teamed with Foodlink Inc. on a Fresh Account at Curbside Market program. As part of the pilot project, Excellus BCBS members with the greatest risk of food insecurity and health care needs will receive a monthly ...

Tagged with: excellus excellus bluecross blueshield food insecurity Foodlink

ProAmpac, a flexible packaging manufacturer, has broken ground on construction of its Rochester Collaboration & Innovation Center, an $8 million, 25,000-square-foot expansion of an existing facility on Manitou Road in Ogden. The center is slated to open in spring 2021. ...

Tagged with: empire state development greater rochester enterprise manufacturing proampac

Court officials and local leaders have announced a new effort to help tenants facing possible eviction because of the COVID-19 pandemic. On Thursday, Monroe County Executive Adam Bello, U.S Rep. Joe Morelle, Seventh Judicial District Administrative Judge Craig Doran, and ...

When Jim Salviski sold his technology company, Logical Solutions, in 2011, he invested in real estate. But what fun was that? “Real estate was easy, but it was also boring,” he said. So he asked friends and relatives for suggestions ...

The office space owned by Uniland Development Co. that sat smack dab in the busiest part of the town of Perinton had seen better days. Circa 1970s, the buildings were still in the B classification but weren’t necessarily in prime ...

Thermo Fisher Scientific Inc. plans to sink $50 million into its Rochester facilities to expand laboratory plastics production to support COVID-19 testing, therapies and vaccines. The company plans to hire 75 staffers as a result of the expansion. “Thermo Fisher ...

IEC Electronics Corp. has purchased an 86,000-square-foot facility in Rochester to provide additional capacity and access to a “larger pool of qualified resources” to support future organic growth. The Jetview Drive facility represents a key building block for the Wayne ...

Tagged with: expansion iec iec electronics

An independent legal review of Eastman Kodak Co.’s actions during and ahead of a July announcement that the Rochester manufacturer was in line to receive a massive loan to produce pharmaceuticals has concluded that the company and its executives broke ...

Tagged with: akin gump DFS eastman kodak insider trading Jim Continenza Kodak pharmaceuticals sec

Former Wegmans Food Markets chief information officer Don Reeve has been named chairman of the board and Andrew Hoyen has been promoted to president of IGI, the Rochester-based cybersecurity firm. A member of the IGI board since 2013, Reeve retired ...

The Federal Communications Commission has proposed fining 13WHAM TV more than half a million dollars, ruling its parent company failed to negotiate retransmission fees in good faith. Deerfield Media Inc., a subsidiary of Sinclair Broadcast Group, violated FCC requirements during ...