Rochester Business Journal

For the past thirty years, the Rochester Business Journal has been the top provider of business news and insights in Rochester, New York.

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J.J. Spaun experiences memorable Dad’s Day; Challenger Baseball World Series is a hit again

1 week ago | rbj.net | Scott Pitoniak

As the late, great John Lennon once sang, “Life is what happens when you’re busy making other plans.”Late Saturday night, early Sunday morning, golfer J.J. Spaun was planning on being sound asleep, so he would be well-rested for the final round of the U.S. Open at Oakmont Country Club in suburban Pittsburgh.
Big bill, big impact: Rochester businesses face opportunities, risks in federal tax proposal

1 week ago | rbj.net | Andrea Deckert

Key takeaways:The One Big Beautiful Bill (OBBB) passed the U.S. House on May 22 and is now in the Senate. It’s a 1,000+ page proposed tax bill that largely builds on and extends provisions from the 2017 Tax Cuts and Jobs Act (TCJA). There could be mixed effects on local businesses, depending on the industry, according to local tax professionals.
Manufacturing slump continues in NY, but outlook turns optimistic, survey shows

1 week ago | rbj.net | Andrea Deckert

Manufacturing activity fell for a fourth consecutive month in New York State, according to the Federal Reserve Bank of New York‘s Empire State Manufacturing survey in June. The general business conditions index fell seven points to -16.0. After rising above zero last month, the new orders index fell to -14.2, and the shipments index moved down to around zero, pointing to a decline in both orders and shipments. Unfilled orders declined.
Rochester's small businesses should heed advisors on taxes, tariffs

1 week ago | rbj.net | Caurie Putnam

While the latest small business optimism index from the National Federation of Independent Business showed a slight increase in optimism from April to May 2025, its accompanying uncertainty measure rose two points, with taxes ranking as small business owners’ top concern – a first since December 2020.
New look, new market: CNB rebrands ahead of Syracuse expansion

1 week ago | rbj.net | Andrea Deckert

Key takeaways:Canandaigua National Bank & Trust is now Canandaigua National Bank, reflecting a modernized brand identity. The rebrand includes a new visual identity and updated digital presence, with physical signage updates to follow. While the look has changed, products, tools and service levels remain the same, according to leadership. CNB is expanding into the Syracuse market, with its first branch expected to open before the end of 2025.
CNB unveils new look, streamlined name

1 week ago | rbj.net | Andrea Deckert

Canandaigua National Bank & Trust, the Rochester region’s largest community bank, has a new logo and streamlined name, part of a rebranding campaign unveiled June 16. The bank will now be known as Canandaigua National Bank, accompanied by a new, modern look and feel aimed at connecting with audiences more effectively across physical and digital interactions, its leaders said. “It’s an exciting time for our bank, to say the least,” said Frank Hamlin, president and CEO.
ESL fuels education and community impact with annual scholarship awards

2 weeks ago | rbj.net | Andrea Deckert

For the tenth consecutive year, ESL Federal Credit Union has awarded 10 college-bound local high school students with $2,000 scholarships each as part of the ESL College Scholarship program. ESL recognized students who demonstrated how they help their community in a unique and meaningful way.
URMC taps UR alum/Harvard educator for new role

2 weeks ago | rbj.net | Andrea Deckert

Tanya Mayadas has been selected as the next chair of the University of Rochester Medical Center (URMC) Department of Microbiology and Immunology and inaugural director of the new Institute for Immunological Sciences, effective Aug. 1. Mayadas received her B.A. in biology and Ph.D. in biochemistry from the University of Rochester, followed by a joint postdoctoral fellowship at Massachusetts Institute of Technology and Tufts University.
Simon Business School launches flexible DBA program for executives

2 weeks ago | rbj.net | Andrea Deckert

Simon Business School at the University of Rochester has announced the launch of its new Doctor of Business Administration (DBA) program, set to welcome its inaugural cohort in May 2026. Designed for mid-senior-level professionals who already possess a business-related master’s degree, the Simon DBA combines academic rigor with real-world application.
Pending ownership change announced for Webster nursing home

2 weeks ago | rbj.net | Andrea Deckert

Friendly Senior Living announced plans this week to purchase Maplewood Nursing Home in Webster. The sale of Maplewood to Friendly Senior Living must be approved by the New York State Department of Health and could take more than a year to finalize. Once approval is received, Maplewood’s current owner, Greg Chambery, will remain with Maplewood for two additional years to ensure a smooth transition, company leaders said.