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

Small businesses that had budgeted for employee retention tax credits for the fourth quarter may either be in for a surprise or face a payback burden now that the program has ended, payroll and accounting advisors say.

An already limited supply of homes on the market became even more strained in October. The number of houses for sale in Monroe County dropped to 494 last month, down 25.9 percent from the 667 available in October of 2020, ...

CVS Health announced it will close 900 stores — approximately 300 in each of the next three years — as it revamps operations across the country. The Woonsocket, R.I.,-based company operates 28 CVS Pharmacy locations in the Greater Rochester area. ...

The Social Security Act was signed into law by President Roosevelt on August 14, 1935 and created a social insurance program that was originally designed to pay retired workers age 65 and older a continuing monthly income.

I’m not really a sports guy, but a famous Wayne Gretzky quote keeps rising to the top of my mind: “I skate to where the puck is going to be, not where it has been.”

The PathStone Foundation will host its Provok!ng Thought event this year in a free, virtual format on Nov. 9 on the topic of “The American Dream and the Devaluation of Black Homes.” The keynote address will be made by Andre ...

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Proposed tax changes are affecting people’s investment strategies, with local wealth advisors recommending some adjustments to clients to take advantage of current tax rates.

Estimates for economic growth fell dramatically throughout the third quarter as COVID cases spiked and consumer demand waned.

Plug Power Inc., the Albany area manufacturer of clean energy processes, broke ground on Wednesday on its $290 million green hydrogen fuel production facility at the Science and Technology Advanced Manufacturing Park (STAMP) in Genesee County. Gov. Kathy Hochul joined ...

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What would it take for someone with a background in information technology to pivot to an entrepreneurial role in sustainable growing and indoor farming?

An inability to fill temporary jobs could have a significant impact on the local retail, delivery and hospitality industries during the holiday season, according to an analysis of open positions by national staffing specialist PeopleReady. Job postings (a total of ...

The Salvation Army of Greater Rochester is reassessing its co-ed emergency shelter for youth and will be referring homeless youth ages 16 and 17 to the Center for Youth and other local agencies, the organization said Tuesday. “Genesis House has ...

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Empire State Development spends nearly $2 billion annually in taxpayer money for loans, grants, tax credits and other incentives to companies and projects, but fails to properly evaluate most of its programs to determine if they actually are boosting the ...

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Consumer sentiment plummeted across New York state in the third quarter, a new report from Siena College Research Institute shows. The New York State Index of Consumer Sentiment stands at 71.9, down 11.8 points from the last measurement in the ...

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Rochester’s largest food pantry plans to move to a new facility in the same neighborhood because its current location has been sold to a developer. South Wedge Food Program will move to 555 Avenue D, behind the Lincoln Branch Library, ...

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