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

In the past few years, New York has changed the standard for paying overtime, raised the minimum wage and mandated paid leave for qualified employees. While some of the new measures appear to benefit employees, others have forced businesses to ...

Tagged with: Some employers complain about lack of flexibility in scheduling

“If a tree falls in the forest and there is no one there to hear it, does it make any sound?” Along these same lines, “If a small business person cries out in Albany and no one is there to ...

The unemployment rate in the United States reached a record low in nearly 50 years in 2018 at 3.7 percent. As of March 2019, unemployment rates have remained consistent at 3.8 percent, according to the Bureau of Labor Statistics. As ...

To remain successful and competitive, innovative companies and their employees must look for new ways to build a better wheel.  It’s what their customers and their industry want too. To help instill a culture of innovation, an employee’s job might ...

To say video games are a big business is an understatement. It is, in fact, one of the largest entertainment industries on the planet. In 2018, market analyst site Newzoo placed the global video game market at $134.9 billion, with ...

It’s hard to imagine that when lasers were first invented there was a bit of a “so what?” reaction. In 1960, light was the main application people could envision from lasers and the question was why did we need a new source of light?...

Tagged with: Donna Strickland energy fusion Laboratory for Laser Energetics Lasers Michael Campbell Michael Pavia Optimax Systems Rochester Institute of Technology Sydor Technologies university of rochester

The current economic expansion is now 117 months old.  Looking at data that goes back to 1854, this is just shy of the record 120-month expansion that occurred from 1991 to 2001.  It seems likely we’ll soon exceed the prior ...

It’s not exaggerating to say that your financial plan for retirement begins the first day on your first job. “Starting younger has been proven time and time again that it’s the easiest way to have a successful retirement,” said Susan ...

Quite a few people are going to make a lot of money in the legal marijuana market. In fact, quite a few people already have made a lot of money in the legal marijuana market. Smith Falls, Ontario’s Canopy Growth ...

The City of Rochester has not been kind to its existing building stock. The Urban Renewal trend of the mid-60s and 70s favored car-centric development and Rochester—being a wealthy enough city at the time to participate—took advantage of that. Neighborhoods ...

It takes financial teamwork for commercial and housing real estate projects to be built successfully. Tax incentives and credits help meet that financial burden. Builders in Monroe County typically get that help from Imagine Monroe, an economic development organization that ...

Karen and Bill Dodsworth had watched their parents cope with the age-related inconveniences of living in an older, two-story home. They saw first-hand that stairs are not fun for the elderly. They became aware that bathtubs can be a slip-and-fall ...

You could argue that telemedicine has been around as long as the telephone. Just as dialing a rotary phone has changed to telling Alexa to make the call, telemedicine has morphed from the doctor simply instructing you to “take two aspirin and call me in the morning” to the use of photos, videos, smartphones..

Three-D printers make artificial limbs, “organs” so lifelike they appear to bleed and replacements for parts of jaw bones. And, the technology continues to advance. In a nutshell, a 3-D printer creates solid objects from digital representations of those objects. ...

Like most industries in the world of health care, medical imaging is one that is constantly changing in response to a more connected planet. The field seeks to provide a convenient, intuitive patient experience through instantly transferrable documents and more ...