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Special Report

Finally, bankers foresee return to normal interest rates

The Federal Reserve increased the short-term federal funds rate by a quarter percent in mid-December, hinting that more rate hikes may be in the offing in 2017 if signs of economic growth continue. That’s generally good news for banks that ...

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Construction projects wanted

In the April 14 Special Report on Real Estate and Construction: Green Building, the Rochester Business Journal is planning again to feature local “works in progress”—construction projects that have broken ground in the six-county region but are not yet completed. ...

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Dealing with anger less of a stigma for men these days

Contrary to popular belief, anger is more like an iceberg than an active volcano. Visible at the tip, it often conceals fear, frustration or pain below the surface. Unpacking emotions from the deep freeze can be tough on anyone, but ...

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For time-pressed athletes, 30 minutes does the trick

Men who are short on time can get quite a healthy hit from a workout of as little as 30 minutes. “You can absolutely make strides or accomplishments in that amount of time,” says certified athletic trainer Cameron Apt of ...

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Important to know internet security’s terminology

With networks, computers, websites, cloud-based services, mobile devices and related technologies playing an ever increasing role in even the most traditional of industries, it is a challenge for those who aren’t tech-savvy to keep up with it all. When it ...

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Casual approach to cybersecurity not advisable

Last year’s large-scale cyberhacks of Yahoo Inc. and the Democratic National Party reinforced something that technology experts have known for a while: Chances are, your business will get hacked at some point. With the onslaught of attacks increasing year by ...

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Employees’ smartphones threaten company security

Every time a company’s employees use cellphones or other personal devices to access their firm’s emails, files or computer systems, hackers are ready to do the same. “Any device that connects, disconnects and reconnects to our corporate network introduces the ...

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Consultants help firms engender culture of success

The workplace is evolving more rapidly than ever—and so are the skills professionals need to thrive within it. Local experts can help organizations teach employees those skills to create a culture of success. Patrick Jackman, founder of Jackman Group LLC, ...

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Reducing avoidance in leadership requires will and skill

Are you one of those leaders who skirts discomfort and ducks relationship challenges? Leaders who confront problems and those who pause to think in the face of confusion are in short supply, but avoiders show up everywhere. You might say ...

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Online classes give students a taste of the wider world

Whether offering online classes designed to bring international students together, sharing career skills with students around the globe, or encouraging an entire campus to consider ways it can expand its reach online, local colleges are using technology to make learning ...

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Growing health costs remain top local concern

With Republicans set to control Congress and the White House for the next two years, some local business leaders see an opportunity to revise or replace the Affordable Care Act and make it less burdensome for employers. President Barack Obama ...

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Law firms steeling themselves for new questions

Rochester-area law firms have yet to see a barrage of questions about the Affordable Care Act’s possible repeal, but some employers have asked whether they should continue complying with the law’s information-reporting requirements. The answer is yes. “It’s very important ...

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No consensus on what ACA repeal would look like

In December, Senate Majority Leader Mitch McConnell, R-Ky. and House Speaker Paul Ryan, R-Wis., promised a vote to overturn the Patient Protection and Affordable Care Act. This week, steps were taken to set a repeal in motion. While axing the ...

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U.S. or state estate tax won’t bite most New Yorkers

New York State presents advantages for those who hope to leave something to their heirs—along with a few problems. “The estate tax law is particularly troublesome,” says Ralph Code, who co-founded Boylan Code LLP and is a partner at the ...

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Changes to U.S. tax code in 2017 a guessing game

President-elect Donald Trump may like being unpredictable, but that’s not an approach most financial planners embrace. On the cusp of 2017, changes to the U.S. tax code seem likely after the new president takes office, but what form this might ...

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