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

It appears 2021 ended better than it started — so says most middle market executives who participated in KeyBank’s latest Middle Market Business Sentiment Survey. But it’s not as simple as it seems on the surface. The following are excerpts ...

Leaders at Rochester-area banks are expecting that the Federal Reserve will raise interest rates in order to address rising inflation and consequently that it will be more expensive to do business.

Nearly two years after the COVID-19 pandemic hit the Rochester region in earnest, bank lobbies are back open for business, but community banking is not quite the same.

Change is a common theme at the start of every new year, and health care is no exception.

With 2022 upon us, it feels like it’s the moment for the field of health care data analytics akin to the start of the development of the smartphone in the mid-2000s.

Even if you sit in a gown on an exam table and see your doctor in-person, the visit likely will have some elements of digital technology. 

In recent years many organizations have been very intentional about the DEI work they have committed to. While at the same time, some organizations have mistaken intentional DEI work for marginalization, differentiation, and tokenism. This happens when organizations jump on ...

Leaders at local companies striving to achieve diversity, equity and inclusion are finding that working with a remote workforce has both its benefits and deficits.   Sady Alvarado-Fischer, Excellus BlueCross BlueShield’s director of diversity, equity, and inclusion (DEI), notes that the vast majority of ...

Joseph Searles says building a Diversity, Equity and Inclusion foundation at one’s business or organization should be viewed as a journey, rather than a destination.   “It’s a long-term commitment,” says Searles, vice president and chief community engagement officer at Trillium Health. ...

The Internal Revenue Service recently issued Revenue Procedure 2021-45 providing calendar year 2022 inflation adjustments for more than 60 tax provisions. Two of these adjustments are of particular interest to estate planners: the increase to the basic exclusion amount (the “BEA”) to $12,060,000 and the increase to the gift ...

When an earlier version of the Build Better Act — the $1.75 billion social spending bill being advanced by Democrats in Washington — proposed reducing the federal gift and estate tax exemption from $10 million to $5 million, local trust and estate professionals got a ...

A holistic wealth plan gives one a comprehensive financial strategy that includes the person’s values, goals, assets and family needs.

It’s probably not the right thing for an architect and business owner to admit, but by the time the new $1.2 trillion Infrastructure Bill passed I was too tired of all the discussion to actually take the time to understand ...

Local residential real estate experts predict that the Monroe County real estate market will remain historically robust in 2022.

Inflation is back, a new variant of COVID threatens public safety, supplies and materials are hard to get and workers are hard to find.