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

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 ...

Writers & Books will again host a literary conference on writing, editing, connecting and publishing June 8. The Ladder, a one-day event at the Rochester Riverside Hotel, will feature author Mira Jacob as a panelist at this year’s conference. Jacob’s ...

Tagged with: ladder Writers & Books

A new online guide helps Wyoming County farms and producers reach out to consumers on the go. The “Buy Wyoming County Grown” website makes available a listing of producers offering apples to zucchini, and bedding plants to Christmas trees. Until ...

Tagged with: agriculture Cornell Cooperative Extension craft brewers Joan Petzen producers Scott Gardner Wyoming County

More than two centuries after the first shovels hit the ground to build a 363-mile channel connecting the East Coast to areas in the Midwest, Gov. Andrew Cuomo is launching a major initiative to explore the reimagining of the Erie ...

Tagged with: canal corp Erie Canal NYPA reimagine the erie canal

Housing developments in LeRoy, Sweden, Canandaigua and Seneca Falls will share in $14 million of state funding, helping to create or preserve 256 affordable homes. The funding is part of Gov. Andrew Cuomo’s five-year, $20 billion Housing Plan and made ...