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Special Report

REITs grow in popularity, offer regular income

More and more investors have turned to real estate investment trusts for regular income streams and an opportunity to diversify their portfolios. But that could change—at least in the short term—if interest rates rise. “You can find good quality REITs ...

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Millennials listen to advice, care about saving

Various assumptions about young investors do not square with Rochester-area financial planners’ experiences serving the demographic. Contrary to popular belief, millennials accept advice from their parents’ advisers and generally do not make reckless investment decisions. Still, financial planners have needed ...

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Retirement plans don’t have to cause headaches

Many organizations view retirement plans as a necessary evil. These plans may help attract and retain talent, but they can also be expensive, time consuming, and difficult to monitor and administer. As a result, corporate retirement plans are often ignored ...

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Palliative care attempts to ease heavy burden

Palliative care helps Rosemary Grandusky pursue an active life full of grandchildren, gardening and travel to faraway places while she fights cancer. “It gave me back my life,” says Grandusky, 66. “It really did.” Grandusky was diagnosed with multiple myeloma ...

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Is it a cluster?

Cancer clusters rarely involve more than one type of cancer. According to the American Cancer Society, to be considered a true cluster, it must have one of the following characteristics: There are several cases of a rare type of cancer; ...

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More work lies ahead to prep viruses for fight

A small group of medical scientists have been studying the benefits of virotherapy since the early 20th century. Despite medical research and trials on patients in recent years, however, these viruses are not yet ready to join the fight against ...

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Investigation of cluster requires strong link to cause

Inquiries from the public about suspected cancer clusters in the Rochester area rarely turn into full-blown investigations, state and local health department officials say. The absence of a probable connection between a specific environmental factor and the disease often means ...

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Avoid surprises; be aware of arbitration’s shortcomings

Although arbitration is the preferred method of resolving disputes for many businesses, there are certain disadvantages to this method that should be considered before an arbitration clause is accepted in a commercial contract. If a company, with assistance of counsel, ...

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Negotiating global disputes offers a way to move on

While litigation remains an option to resolve international disputes, arbitration offers businesses a path away from the uncertainties and local practices that come with locking horns in national courts. Given that arbitral awards are more easily enforced than traditional court ...

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Patent trolls mushroom; squashing them proves tough

A polite name for them is non-practicing entities, NPEs for short. More popularly known as patent trolls, NPEs are called non-practicing entities for a simple reason: They do not actually do or make anything, at least not in the sense ...

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Go beyond standard practices to find smart talent

When Fortune’s 100 Best Companies to Work For came out on March 15, what struck me as newsworthy was not so much the companies themselves but the fact that these companies were struggling to fill positions. Some 108,622 open jobs—an ...

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Use these steps to master habits of trusted leadership

A few months back I wrote an article about the essential habits of trusted leaders—a few managerial skills to help create an environment for employees to become more engaged and productive, leading to a better customer experience. Shortly after the ...

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Perks keep growing, aim to boost morale, camaraderie

Rochester-area firms offer a variety of unusual perks, from flexible work hours to ice cream socials. Though employers differ in the types of non-traditional benefits they give their employees, they aim to boost morale and build teams. “They’re looking for ...

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Hospitality, tourism programs remain popular

College hospitality and tourism programs in the region have little trouble filling their classes. “We have seen, in the last 18 months to two years, an increased interest in the tourism program,” says Jeanne Fagan, a business administration professor, who ...

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New hotels may put pressure on market initially

Rochester visitors have two new hotel options this year: a Hilton Garden Inn downtown and another opening at College Town. Considering the Rochester region’s average hotel occupancy rate in 2014 was 55.9 percent—and has not changed much in at least ...

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