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Vuzix Corp., the Henrietta smart glasses manufacturer, has filed an $80 million lawsuit accusing a Westchester County stock trader of maligning the company to profit from manipulating the stock price. New York City attorney Irwin Weltz filed the suit for ...

Tagged with: Ricardo Antonio Pearson vuzix

Four area business leaders will be inducted to the Rochester Business Hall of Fame this year. The 2017 inductees are William Levine, co-founder and president, Alleson Athletic; Victor Salerno, CEO, O’Connell Electric Co. Inc.; Robert Sands, president and CEO, Constellation ...

With companies holding billions of dollars in cash reserves, 2017 was supposed to be the year of the deal. And a new president touting tax reform was also expected to serve as a catalyst for merger and acquisition activity. But ...

Tagged with: Mergers & Acquisitions

In the increasingly crowded music-streaming market, Pandora is being pushed ever further into the margins. Once a pioneer among apps that recommend music, the company has struggled to keep pace as rivals like Spotify, Apple Music and YouTube Music have ...

NEW YORK (AP) — Target Corp. has reached an $18.5 million settlement over a massive data breach that occurred before Christmas in 2013, New York’s attorney general announced Tuesday. The agreement involving 47 states and the District of Columbia is ...

Tagged with: credit cards settlement agreement

On “Hit the Streets Thursday,” Wells Fargo bankers and tellers, specifically those of Latino descent, scouted the streets and Social Security offices for potential clients. Their goal: Find undocumented immigrants, take them to a local branch and persuade them to ...

Tagged with: immigrants Wells Fargo

A medical marijuana provider has launched home delivery service in upstate New York. Columbia Care NY says it began a home delivery pilot program to patients across western New York through its Rochester location in March. The company says it ...

Tagged with: medical marijuana

CHICAGO — Companies cannot discriminate against LGBT employees in the workplace because of their sexual orientation, a federal appeals court said, in a ruling that a gay rights group called a “game changer.” The 8-to-3 decision Tuesday by the full ...

Tagged with: civil rights discrimination gay rights

Former Trump University students who claimed a share of the $25 million settlement that Donald Trump agreed to shortly after he was elected president are poised to recoup 80 cents for every dollar they spent on the real-estate seminars. They ...

Tagged with: class action lawsuits Donald Trump Trump University

Wegmans Foot Markets has announced opening dates for its two new stores in northern New Jersey. The Rochester-based supermarket chain says Tuesday that a 113,000-square-foot Wegmans will open July 23 in Hanover, followed on Sept. 24 by the opening of ...

Tagged with: Wegmans

How effective employee wellness programs are depends greatly on how well a program is designed and aligned with workers’ needs and abilities to access what is offered, health experts agreed. “It’s like any other product or service — some are ...

The Rochester Business Journal and The Daily Record will strengthen the comprehensive coverage of the western New York business and legal communities that subscribers have come to expect, the papers’ new editor and their publisher say. “The restructuring will strengthen ...

Tagged with: Ben Jacobs Rochester Business Journal The Daily Record