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Special Report

Craft beer trails expand, impact other industries

Revamped laws, tax incentives and beverage trails are frothing up the economic impact of New York’s craft beer industry. As more consumers embrace the field-to-glass movement, industries related to craft beer also have benefited from the boom. “There really is ...

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Crowdfunding continues to evolve while SEC delays

As crowdfunding matures beyond its novelty phase, Rochester-area startups continue to find it useful for raising money, generating buzz and building a brand. While not yet sidelining banks or other longstanding capital providers, the fundraising model may even get a ...

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American banks getting ready to roll out EMV credit cards

EMV chips, long used to fight credit and debit card fraud abroad, finally have crossed the sea. Financial institutions are getting ready to make the shift, migrating to the global standard for secure payments. “We intend to convert over 70 ...

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Is there enough room for the robo-adviser model?

During a 1992 Presidential debate, Ross Perot famously described the “giant sucking sound” of jobs moving south of the border as a result of the North American Free Trade Agreement. In the years since, American jobs, particularly those in manufacturing, ...

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Engineers view competition as part of the game

Competitive yet collegial: That sums up the climate for Rochester-area engineering firms as they pursue clients and cultivate strategic partnerships here and elsewhere. “Competition, in my opinion, isn’t a bad thing,” says Robert Hutteman, president of Lu Engineers in Pittsford. ...

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Changing riverfront reflects new kind of city living

Rochester’s riverfront has been energized with a new kind of vitality over the last decade, and signs indicate that this trend will continue. Along a two-mile stretch of the Genesee River, from the University of Rochester to downtown, several projects ...

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Health care construction projects maintain stronghold

Rochester-area builders and contractors continue to turn to the health care sector for business. “Health care is between five and 15 percent of the construction volume in any given year,” says Aaron Hilger, president of Builders Exchange of Rochester, a ...

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Retirees answer call to give back, support causes to help the needy

Kathy LaBue was on Dewey Avenue in the dead of winter when inspiration struck. The retiree saw an immigrant family walking up the street wearing nothing but flip-flops on their feet and a sheet to keep them warm, and knew ...

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Proactive measures ease pressure after working years

The ability to maintain a specific standard of living in retirement often is viewed through a cloudy lens today. Planning early can help; ignoring reality in the hope that finances will work out may make for a stressful and difficult ...

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Non-financial planning sets the stage for fulfilment

People who view retirement through a prism of individual retirement accounts and 401(k)s often miss the chance to savor their golden years. Americans still need to be dogged about socking away 11 to 20 times their final salary in order ...

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Make an assessment early on, don’t let costs skyrocket

The primary complaint of any business facing a potential litigation matter is the inability to control the cost of the litigation. As with every other type of business decision, it is essential to undertake a cost analysis at the outset ...

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Scrutiny, awareness raise the stakes for employers

Stepped-up scrutiny from government regulators, growing awareness among workers of their legal rights and calls for income equality have intensified the spotlight on wage and hour law. Those factors also have raised the stakes for employers, given that not complying ...

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Accounting tools augment services, draw more customers

Small businesses often tap over-the-counter software to take care of many of the jobs that once went to accounting firms. Instead of treating those programs as competition, local accounting firms use them to augment their services and even pull in ...

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Garth Fagan Timeline

1940 G. Garth Fagan born in Kingston, Jamaica, May 3, to S.W. Fagan and Louise Walker 1950s Fagan performs at the inauguration of Cuban president Fidel Castro with the Jamaica National Dance Company 1960s Fagan Earns B.A. at Wayne State ...

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Proposal to scrap longtime tax benefit builds uncertainty

As part of a broader effort to implement what he calls tax fairness, President Barack Obama has proposed scrapping a longtime tax benefit affecting inherited assets. Along with raising the capital gains and dividend tax rate, the proposal would help ...

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