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

An independent legal review of Eastman Kodak Co.’s actions during and ahead of a July announcement that the Rochester manufacturer was in line to receive a massive loan to produce pharmaceuticals has concluded that the company and its executives broke ...

Tagged with: akin gump DFS eastman kodak insider trading Jim Continenza Kodak pharmaceuticals sec

Former Wegmans Food Markets chief information officer Don Reeve has been named chairman of the board and Andrew Hoyen has been promoted to president of IGI, the Rochester-based cybersecurity firm. A member of the IGI board since 2013, Reeve retired ...

The Federal Communications Commission has proposed fining 13WHAM TV more than half a million dollars, ruling its parent company failed to negotiate retransmission fees in good faith. Deerfield Media Inc., a subsidiary of Sinclair Broadcast Group, violated FCC requirements during ...

A Rochester-based startup company has joined forces with a local university and venture capital firm to form a partnership that could serve as a model for future growth in the region, according to those involved. Innovation Semiconductor Inc. recently completed ...

When electrical engineer Paul Travers left Kodak and started his company, Vuzix Corp., in 1997, he couldn’t imagine the innovative ways its augmented reality technology would be utilized a couple of decades later. The health care field, hungry for innovation, ...

The Louis S. and Molly B. Wolk Foundation has pledged $350,000 toward George Eastman Museum’s Thomas Tischer Visitor Center. The Wolk Foundation’s gift will be recognized with the dedication of the largest space in the visitor center as the Wolk ...

Tagged with: george eastman museum wolk foundation

Nearly $90 million has been made available in federal CARES Act funding to assist child care providers through NY Forward grants as they adjust their programs during the COVID-19 crisis. The funding is in addition to $30 million made available ...

Tagged with: cares act Child care covid office of children and family services

Alfred University students will have a better chance to achieve academic success through a program focusing on mental health and wellness development, thanks to a gift from a former student and current member of the board of trustees Kristen Caruso Klabin ...

LaBella Associates has enhanced its renewable energy suite of offerings with the acquisition of Solar Ground-N-Pound of Hamlin. Solar Ground-N-Pound focuses on preparing the ground for solar panels and then constructing the mounting and installation of the panels. “Renewable energy has ...

The implementation of 5G networks presents opportunities, challenges and risks for businesses, area experts say. 5G is the next generation of wireless networks, building upon existing 4G infrastructure. It is expected to improve the bandwidth, capacity and reliability of wireless ...

As the international scientific and medical community focuses on finding ways to treat COVID-19, Rochester-based researchers are contributing to that effort by studying vaccines, therapeutic treatments for COVID-19 and the biological impacts from COVID-19 on human cells. Standalone clinical research ...

A Boston-based tech manufacturer will receive a $1 million award and set up operations in Rochester as part of its Company of the Year Award in Round 3 of the Luminate NY Accelerator Competition. SunDensity, which originated at Massachusetts Institute ...

Tagged with: luminate Luminate NY OPI optics photonics sundensity technology

Canadian battery recovery company Li-Cycle Corp. plans to invest $175 million in its lithium-ion battery recycling hub at Eastman Business Park, creating more than 100 jobs in the process. In January 2020, Empire State Development said Li-Cycle would establish its ...

Tagged with: batteries Eastman Business Park economic development empire state development Jobs li-cycle

Ten local human resource executives have been named finalists in the 2020 HR Executive of the Year and Rising Star Awards, hosted by the Rochester affiliate of the National Human Resources Association. Finalists for HR Executive of the Year, small ...

Tagged with: hr executives human resources national human resource association

Carestream Health has diversified into the personal protective equipment market with the launch of the Carestream Shield. The shield is designed to solve problems of discomfort and difficulty of use commonly associated with personal face shields, company officials said. Carestream ...

Tagged with: carestream health covid face shield PPE