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News and Trends

City working on options for run-down Chestnut Street building

Rochester officials are working on options to redevelop a longtime vacant, decrepit building in the heart of downtown surrounded by a number of renovation projects. The nine-story building at 65-67 Chestnut St. is in tax foreclosure, and Baye Muhammad, the ...

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The Loop

The priest and the ‘Exorcist’ The Rev. William O’Malley was somewhat akin to a rock star during his lengthy tenure as a teacher at McQuaid Jesuit High School. His exuberant personality and colorful language mixed with a staunch commitment to ...

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Nocon receives 31st annual Athena Award

Nannette Nocon, private wealth adviser for Nocon & Associates, Ameriprise Financial Services Inc., was honored with the 31st annual Athena Award on Thursday at the Joseph A. Floreano Rochester Riverside Convention Center. She is one of 12 women who were ...

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Diversification, acquisitions key for firm

Fabricio Morales started his company in the basement of his apartment in 1995 selling niche products such as Day-Timer brand organizers. FM Office Express Inc. has grown to four locations across the state, with an expanded product line that includes ...

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Harley exhibit coming to the Strong museum

It is cold outside, but the conditions for riding are perfect at the Strong where the newest exhibit, Hands on Harley-Davidson, is set to open. The granddaughter of one of the iconic motorcycle’s co-founders is slated to be in Rochester ...

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Genesee Brewing Co. taps Dixon Schwabl

Dixon Schwabl Inc. has been named public relations agency of record by Genesee Brewing Co. The firm this year has taken over the brewery’s public relations strategy, execution and other integrated services. Genesee Brewing previously worked for seven years with ...

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Hart’s Local Grocers picked for program

Hart’s Local Grocers in Rochester has been selected to be part of a two-year pilot program with the U.S. Department of Agriculture along with six other retailers across the country, officials said last week. The pilot program is slated to ...

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The Loop

See ya, ’bye If you don’t like it here, leave. Many are. United Van Lines last week reported some two-thirds of the moves involving New York households were outbound. That is a higher proportion than any other state, except New ...

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M&T Bank issuing new business debit cards after error

A typo in a customer service phone number on M&T Bank cards for its business clients has led the Buffalo-based bank to reissue an undisclosed number of new cards this month. But a customer who alerted the bank in mid-December ...

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Penfield company builds on solid foundation

At the cornerstone of Nicholas DeRisio’s business is the belief everyone should be treated fairly and honestly. “Customer satisfaction is our top priority,” said DeRisio, the owner and president of DeRisio Construction Inc. “We don’t just say it, we mean ...

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New ideas fuel Chili firm’s road to growth

The Evans family can attest to what resilience, hard work and new concepts can do for a business. When Michael Evans stepped in to help his parents run Tuf Trucks and Fine Cars a few years ago, he saw that, ...

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Most stocks finish strong

With the exception of a few trouble spots, stocks of local interest gained momentum over the course of 2016, with more gaining than losing value since Dec. 31, 2015. Looking at a group of 46 Rochester-area stocks trading on the ...

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$140 million to fund RIT clean energy hub

The Rochester Institute of Technology-led consortium that won a nationwide competition this week will bring a public-private clean energy manufacturing institute here, officials said. Its work and jobs are to be fueled by $70 million in federal funding along with ...

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Royal Oak buys Wis. property

Royal Oak Realty Trust Inc. recently acquired its 14th building in a $9.3 million deal that adds a seventh state to its portfolio. The private real estate investment trust acquired Miniature Precision Components Inc.’s headquarters and primary manufacturing facilities in ...

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Analysts expect jump in profits, sales in Q3

Analysts expect Constellation Brands Inc. to report increases in year-over-year sales and profit when the wine, beer and spirits business reports its third-quarter financial earnings Thursday. Analysts polled by Zacks Investment Research expect the Victor-based firm to report earnings per ...

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