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Today’s Top Stories

Medisked tops local companies on Inc. 5000 list (access required)

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Medisked, a technology and solutions company that works with human services organizations, heads the list of local firms on the Inc. 5000 list of the fastest growing, privately held companies in the country. Growth of 434 percent over the past ...

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Former Nazareth president joins law firm to guide higher ed institutions through pandemic, recession (access required)

Daan Braveman

Former Nazareth President Daan Braveman has joined Harter Secrest & Emery LLP as a higher education consultant to help schools face coronavirus- and recession-related challenges, as well as plan for long-term success. “I’m very passionate about the role of higher ...

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Revitalize Rochester Fund applications now open (access required)

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Mayor Lovely Warren was joined Tuesday by Lt. Gov. Kathy Hochul and leaders of the Rochester Economic Development Corp. (REDCO) to announce the opening of the application period for entrepreneurs to join a partnership to expand business opportunities in the ...

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Cumming Nature Center acquires the Walden Project – NY (access required)

Photo by Velvet Spicer

The Rochester Museum & Science Center’s Cumming Nature Center has expanded its outdoor education offerings with the acquisition of the Walden Project – New York. The Walden Project is integrated into the suite of outdoor Forest School educational opportunities for ...

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Hotel delinquency rates skyrocket nationwide (access required)

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Delinquencies rates among hotels financed through commercial-mortgage backed securities (CMBS) soared to the highest level on record in July, the result of the massive decline in travel due to the coronavirus pandemic. The percentage of lodging loans that were 30 ...

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City Council approves funding to prevent evictions, homelessness (access required)

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Rochester City Council passed legislation on Tuesday that provides a safety net for residents who have been financially burdened by the coronavirus pandemic and may be facing eviction. The city will allot $2.85 million from the CARES Act for eviction ...

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What role should cash play in my wealth plan? (access required)

Paul Hurley

Investors often have a conflicted relationship with cash. In down markets, there is a temptation to flee to cash even though you may run the risk of losing out on attractive investment opportunities. In bull markets, the reverse is true: ...

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United Way receives $4 million grant from ESL for emergency services (access required)

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ESL Federal Credit Union has provided a $4 million grant to the United Way of Greater Rochester to support 20 local health and human services agencies that provide crucial basic needs programs. The grant is in response to significantly increased ...

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REMADE Institute to offer $35 million for recycling technologies (access required)

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The REMADE Institute is issuing its fourth request for proposals to invest up to $35 million for research and development of transformational technologies to transition to the circular economy. REMADE has made it a priority to focus on the plastic ...

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Homes selling faster in Rochester than anywhere in the country (access required)

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We’ve all surely seen it: the For Sale sign goes up on a house in the neighborhood on a Thursday and, barely a week later, the SOLD placard has been attached. Such is the state of the real estate market ...

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Socially responsible investing picks up steam

Tamer Elshourbagy

As the United States grapples with its ongoing issues with racial justice in the wake of George Floyd’s death, some local investment advisors say they are seeing an increased interest in socially responsible investing (SRI). Tamer N. Elshourbagy, vice president ...

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With more employees working from home, are sick days unnecessary? (access required)

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“Before the pandemic hit, one of my employees had high levels of absenteeism, frequently taking “sick” time to stay home. Now that everyone is staying home, she no longer takes “sick” days. So, on paper, her absenteeism problem has disappeared ...

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