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

The KeyBank Foundation has announced a $50,000 pledge to OWN Rochester. OWN Rochester is an independent, community-based nonprofit committed to establishing worker-owned co-operative businesses in Rochester, specifically in the city’s most economically challenged areas, founded by Mayor Lovely Warren and ...

Bausch Health Cos. Inc. is planning a major expansion to its contact lens manufacturing capacity in Rochester and Waterford, Ireland, the company announced Tuesday. The company did not disclose the investment amount. Bausch Health, the parent company of Bausch & ...

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October has come and gone, which is likely a relief for investors. October gets a bad rap when it comes to the stock market, and perhaps deservedly so: It was October of 1929 when the slide into the Great Depression ...

On Aug. 5, 2005, Hunter Kelly, the son of former Buffalo Bills quarterback Jim Kelly, lost the battle against globoid-cell Leukodystrophy, or Krabbe Disease. Hunter was 8 years old, a child who had lived a life six years longer than ...

Rochester Institute of Technology has a new chairman of the board of trustees: alumnus Donald J. Truesdale. The co-founder and CEO of Ardea Partners LLC and founder of Tru Consulting Services, Truesdale takes over from Christine Whitman, who has been ...

Two new attractions have opened at Marketplace Mall—one offering sweet treats and the other providing a possible way to burn off the extra calories. Eurobungy combines trampolines, bungee cords and hydraulic lifts to create a jumping and bouncing experience. Adventures ...

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Eastman Kodak Co. has sold its Flexographic Packaging Division for an estimated $390 million. Kodak Monday morning announced it had entered into a definitive agreement with Montagu Private Equity LLP, a European private equity firm with headquarters in London. Kodak ...

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Relatively high market volatility and U.S. monetary and trade policies have left some local investors concerned. “We have been fielding more inquiries from investors that are concerned about their portfolios than normal,” says H. Robert Bradley, chief investment officer of ...

Eastman Kodak Co. after the bell on Friday reported a third-quarter drop in sales, but a significant improvement in the bottom line. For the quarter ended Sept. 30, the imaging technology company reported revenue of $366 million, compared with $379 ...

Tagged with: Earnings Kodak

Seneca Foods Corp. on Friday reported a decline in sales but increase in income in the second quarter. For the second quarter ended Sept. 29, the Marion, Wayne County manufacturer reported sales of $320.66 million, down $7 million from the ...

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Our Lady of Mercy School for Young Women next year plans to launch a world-class leadership academy for high school girls, particularly those who are economically disadvantaged and of color. With the help of a $1.2 million gift from the ...

Tagged with: bernice king cheryl speranza Our Lady of Mercy paul speranza

After a restructuring that included closing three supermarkets in the Rochester area, Tops Markets is planning to emerge from bankruptcy soon. The US Bankruptcy Court for the Southern District of New York gave the company’s reorganization plans its approval on ...

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Three sections of New York State—Western, Central and the Southern Tier—continue to be among the most affordable areas in the country in terms of homeownership costs. Rochester ranks 38th among the 239 largest metropolitan areas in the United States with ...

A Rochester startup has been named a winner in the second annual FuzeHub Commercialization Competition 2018. MicroEra Power, a system integrator designing CHPplus—an onsite power system with high-efficiency hardware, thermal storage and smart software to provide businesses and utilities with ...

Tagged with: commercialization fuzehub microera

Chris Edwards could have just been known as the advertising genius behind the singing-fish-on-the-wall campaign for McDonald’s. You know the one; “Gim-me that Filet-O-Fish, gim-me that fish.” It’s still annoyingly catchy, isn’t it? “I used to be known for my ...