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

According to a study put out by the Pepperdine Private Capital Market’s report, the No. 1 reason business owners contacted a broker or investment banker to sell their business in 2018 was due to retirement. Most business owners approach planning ...

Kevin Maroney, president and CEO of Fairport Savings Bank, is looking forward to July 25. That’s the day the bank begins offering its newest digital offering, Zelle, to customers. As Maroney explains, it’s basically a fast, safe and easy way ...

 Charming Charlie, a chain of stores offering women’s accessories, clothing and jewelry, filed for bankruptcy last week and is planning to close its stores, including one at Marketplace Mall. The 261 stores began going-out-of-business sales on Saturday, conducted by a ...

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As Rochester market president at KeyBank, Jim Barger has overseen the most substantial period of growth for the institute in the region. But as of Monday, July 22, Barger will be moving on to bigger leagues, to serve as market ...

The Rochester Hispanic Business Association of the Greater Rochester Chamber of Commerce Inc. has chosen Orlando Ortiz as its 2019 Hispanic Business Person of the Year. “Mr. Ortiz is not only a businessperson as manager of component manufacturing at Gleason ...

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Tamara MacDuff, owner of NOW Digital Marketing, has been named president of the Rochester Professional Consultants Network. Enhancing the connection between the RPCN and the community will be a goal for MacDuff. “Everyone communicates, few connect,” MacDuff said in a ...

Julie St. Germaine, president and co-owner of Image360 Rochester, has begun her one-year term as president of Rochester Rotary. A Rotarian since 2008, St. Germaine has filled a number of leadership roles, including a spot on the club’s board of ...

Only about a third of Americans have end-of-life plans for their assets and health-care decisions. Unfortunately, even when plans are made they often include costly mistakes, said Lisa Powers, senior counsel and elder law attorney at Harris Beach PLLC. Powers ...

Rochester’s Paradigm Environmental Services Inc. is one of 19 finalists in New York state’s 76West Clean Energy competition. The competition offers $2.5 million in prizes to companies that will build or expand clean energy business in New York’s Southern Tier, ...

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Rochester Institute of Technology has a brand-new institute focusing on cybersecurity and has wooed a former Xerox executive away from research in Palo Alto, Calif., to head it. The university has hired Steve Hoover, former chief executive officer of the ...

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The Monroe County Medical Examiner’s Office has released 2018 data on overdoses, and the number of deaths for the year was 195. That’s a drop from 220 in 2017, the first decrease since 2015, but still the second deadliest year ...

A year and a half long labor dispute has finally netted a new contract for workers at Anthony L. Jordan Health Center. The contract negotiation had been going on since Jan. 1, 2018, leaving about 65 workers without a contract. ...

DuPont Nutrition & Health has added 33 staffers and increased its overall production capacity in Rochester by 70 percent since completing its expansion in March. “The facility and the process itself was a two and a half-year process from the ...

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A Rochester vision correction startup has acquired Florida-based Hydrogel Vision Corp. Financial terms of the deal were not disclosed. Clerio Vision Inc., a developer of laser-based vision correction solutions co-founded by former iCardiac Technologies Inc. leader Alex Zapesochny, is readying ...

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As the nation’s baby boomers continue to enter their 60s and 70s, elder care facilities are experiencing a growth spurt, as well as making significant changes to accommodate the needs of the next generation of older Americans. Senior living and ...