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

The folks with the PGA of America know golf and know how to run tournaments. For 103 years, the organization has worked to grow the game while also providing a platform for great play. But one thing the PGA of ...

BUFFALO — Robert Morgan’s real estate empire may be on the verge of crumbling following today’s 114-count superseding indictment by federal authorities that charges him with wire and bank fraud in an alleged $500 million mortgage fraud scheme. Morgan, founder and ...

Imagine Monroe, the county’s industrial development arm, has approved incentives for five projects that are expected to create 36 jobs. Security Risk Advisors Inc., a Philadelphia-based cybersecurity solutions firm, plans to open a second location on Culver Road that will ...

Tagged with: imagine monroe leep foods marriott security risk advisors van hook

Harter Secrest & Emery LLP is celebrating its 125th anniversary with a gift of $31,250 to pay for 125 new trees to be planted throughout the city of Rochester. The donation, which includes enough money for one year of care ...

Xerox Corp. on Tuesday received shareholder approval to reorganize as a wholly-owned subsidiary of a new holding company. Xerox announced plans for the reorganization in March. Shares of company stock (NYSE: XRX) dropped roughly 3 percent on Wednesday as a ...

Tagged with: reorganization xerox

In the field of pathology, there’s no tool more critical than the humble microscope. For nearly 400 years, microscopes have been central to biological study, and though they’ve become infinitely more powerful—the Lawrence Berkeley National Laboratory TEAM 0.5, for example, can ...

GP Flooring Solutions will officially christen its new facility in Gates next week. The private grand opening celebration is set for May 30 at 32 Marway Circle, former warehouse space that became the company’s new home in April. GP Flooring ...

When Marc Iacona first suggested that CGI Communications Inc. become the title sponsor of the Rochester International Jazz Festival, his idea was met with a definite maybe probably. “Pencil me in,” Iacona, the executive director of the Jazz Fest, was ...

After over two years of heated debate, it will ultimately be the citizens of Rochester who decide the fate of the Police Accountability Board. At their monthly meeting on Tuesday, May 21, the Rochester City Council voted unanimously in support ...

Monro Inc.’s fiscal year 2019 report shows record sales with an optimistic 2020 outlook. In the quarter ending March 30, Monro reported a 0.6 percent increase in sales compared to the same time last year, at $287.2 million, a $1.6 million ...

For the first time since Junior Achievement of Central Upstate New York began hosting the JA Titan of Business Challenge here a decade ago, a Rochester City School District school took top honors in the annual contest. It also was the ...

Tagged with: ja titan junior achievement titans of business

Dressbarn’s announcement Monday that it will close all 650 stores will impact four Rochester-area stores, but details on when stores will close and in which order were not available. The company has about 6,800 employees. In announcements about the “winding ...

Tagged with: ascena Retail Group Dressbarn store closings

Eastman Kodak Co. announced Tuesday that it issued $100 million of its five percent secured convertible notes, due in 2021, to global investment management firm Southeastern Asset Management Inc. Kodak plans to use the net proceeds from the convertible notes ...

While men–particularly white men–continue to dominate financial and accounting companies in the Rochester area, women are on their way, and in some cases they’ve already arrived.

Tagged with: accounting banking Cheryl Yawman Denise Rotondo finance Harry Howe John Mourer Lori Van Dusen Lynn Mucenski-Keck Mary Ellen Zuckerman Mollene Benison

John Riedman, entrepreneur and active philanthropist in the Rochester area, died Saturday, May 18 at 90. A native of Rochester’s 19th Ward and longtime Irondequoit resident, Mr. Riedman made his mark in Rochester with the Riedman Corp., which at its peak ...