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

ESL Federal Credit Union President and CEO Faheem Masood talks to the RBJ about managing an organization during a pandemic, the changing relationship with customers, the steps ESL has taken to help the community get through this crisis, and more.

Now is the time of year when United Way of Greater Rochester Inc. typically would celebrate with the community the results of its annual workplace campaign that helps fund some 75 local nonprofits. But this year is a little different, ...

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The Rochester region has a new option for banking, with the addition of Evans Bank N.A. Company leaders recently told the Rochester Business Journal that the Buffalo-based financial institution offers customers a hometown bank feel, along with the capabilities of ...

It’s a Kodak Moment the company probably wasn’t planning on. When Eastman Kodak Co. announced last week that it would receive a $765 million loan from the government to begin manufacturing generic drugs here and at a plant in Minnesota, ...

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Ellison Heights Apartments, a higher-end living community in Penfield, has undergone a change of ownership. Joe Alloco, president of Brighton-based Alloco Real Estate Management, said he has bought the apartment community from Robert Morgan. The transaction, with a purchase price of ...

Monro Inc. President and CEO Brett Ponton has resigned from the company and its board of directors effective Aug. 19. Ponton will join ServiceMaster Global Holdings Inc. as CEO on or before Oct. 1. Monro Chairman Robert Mellor has been ...

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Bausch Health Cos. Inc. plans to spin off Rochester-based Bausch & Lomb Inc. into an independent publicly traded entity as Bausch & Lomb – NewCo. Shares of company stock (NYSE: BHC) soared 28 percent before the opening bell Thursday and ...

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The LightHeart Institute, a Rochester organization that provides programs in leadership excellence, emotional health, physical vitality and spiritual growth, will host the Global Leadership Summit this week at the DoubleTree by Hilton in Henrietta. Simulcast from Chicago, the annual event ...

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The glory days as a hotel had long since passed for the Normandie building on Alexander Street. Gone, too, were the times when the dining and drinking establishments inside the one-time landmark could make money. Or draw clientele. And in ...

Jim Swetman had already been in front of the planning board, had secured the necessary approvals as well as a tax break, and was ready to sign the contract for construction of a new commercial real estate venture in Farmington. ...

Several area colleges and universities have made arrangements at local hotels to provide quarantine options for students returning from states deemed hot spots by Gov. Andrew Cuomo. With a mandatory 14-day quarantine requirement in place for students coming from the ...

Citizens Bank has provided a $22.4 million direct pay letter of credit to assist with the development of the senior living community adjacent to the former Medley Centre in Irondequoit. The funding serves as a credit enhancement for the issuance ...

For 200 years, cardiologists have relied on stethoscopes to be able to assess patients’ hearts and lungs, says Dr. Sabu Thomas, a UR Medicine cardiologist specializing in heart failure. Now, with a handheld, point-of-care ultrasound on the market, a cardiologist ...

Beginning in April 2021, the Children’s Institute will host ROC the Future’s backbone staff. The Children’s Institute was chosen following a request for proposal process on anchoring ROC the Future’s staff as it moves toward the next stage in its evolution. Since ...

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PathStone Enterprise Center will team with Arkatecht beginning next week to host a three-part series to help childcare centers in the region reopen. The Zoom-based series, which begins Aug. 8, will help childcare providers learn how using technology to become ...

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