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

The closing of the Thomson Reuters legal services office in Rochester will leave all 304 employees without jobs by the time the shutdown is complete on Sept. 30. The Toronto-based, multifaceted media and information firm announced last week that Rochester ...

ConServe’s ability to collect tax debt for the Internal Revenue Service has resulted in expanded collection work on behalf of the government agency, which in turn means more jobs in Monroe and Erie counties. The Continental Service Group Inc. (ConServe) ...

Rochester’s listening but Thomson Reuters Corp. isn’t talking. Employees of the company’s Rochester facility were told this week the facility was closing, and while a spokesman for the Toronto company confirmed that information in an email, Thomson Reuters has declined ...

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Three sections of New York State—Western, Central and the Southern Tier—continue to be among the most affordable areas in the country in terms of homeownership costs. Rochester ranks 38th among the 239 largest metropolitan areas in the United States with ...

  Average residential rent prices climbed 0.4 percent in October in the Rochester metro area, pushing the year-over-year increase to 1.8 percent. Of the largest 100 markets in the country, only 20 had a larger monthly percentage increase than Rochester, ...

Rochester’s economy remained strong in September, with growth in private sector jobs and another dip in the unemployment rate, the state Department of Labor reported recently. Rochester’s six-county metro region gained 6,900 nonfarm jobs, or 1.3 percent, from September 2017 ...

Tagged with: CEPR department of labor economic policy institute unemployment

Gov. Andrew Cuomo was in town Wednesday to officially declare the $79.4 million renovations to the Greater Rochester International Airport complete. Amid much fanfare under the new canopy that covers the upper and lower airport roadways, Cuomo drew attention to ...

Tagged with: airport airport renovations Andrew Cuomo Cheryl Dinolfo greater rochester international airport

Rochester’s 10-year-old IT and software developer Avani Technology Solutions Inc. has taken the No. 1 spot on this year’s Greater Rochester Chamber of Commerce Top 100. The chamber on Tuesday revealed the region’s 100 fastest-growing privately owned businesses, which will ...

Tagged with: greater rochester chamber of commerce top 100

Entrepreneurs nationwide are more optimistic about business conditions since July, a new report from Paychex Inc. shows. The latest Paychex Business Sentiment Report for Fall 2018 shows a broad improvement in business owners’ outlook since they were last polled in ...

Tagged with: business sentiment economy entrepreneur Paychex

Businesses impacted by the planned Fairport Liftbridge rehabilitation project may receive assistance to remain open during construction, the Fairport Office of Community & Economic Development said this week. Fairport OCED on Wednesday said it had established a $150,000 Liftbridge Impact Fund for ...

Tagged with: Erie Canal liftbridge OCED

Closed sales for September were significantly lower than a year ago in the Rochester area as home buyers continued to outnumber sellers on the residential real estate market. As the summer selling season came to an end, closed sales in ...

Sears Holding Co., which owns both Sears and Kmart stores, has filed notice with the state Labor Department that it intends to lay off all 73 employees at the Batavia store by mid-January. The notice is the second blow this ...

Tagged with: job cuts Kmart Sears

The construction industry added 23,000 jobs nationwide in September and average wages reached an all-time high, but there are still concerns when it comes to future hiring. The Associated General Contractors of American (AGC) said average hourly earnings increased 3.1 ...

Confidence among upstate consumers continued its upward climb in the third quarter, a new report from Siena College Research Institute shows. Overall confidence—which includes current and future confidence—among Upstate New York consumers rose to 92.3 in the third quarter, its ...

Tagged with: consumer confidence scri siena

New York ranks as the third highest state for outward migration, an annual report from United Van Lines shows, as Americans are moving westward. In 2017, United recorded 8,381 household moves in New York. Some 5,172, or 61 percent, were ...

Tagged with: migration united van lines