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Rochester Beacon - The Rochester Beacon explores the complex challenges facing Rochester, New York, through narrative journalism, analysis and opinion grounded in facts.

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Economy & Business

Hyzon, former execs agree on $25.7M fine to settle fraud charges

By WILL ASTOR | September 28, 2023

The settlement, subject to court approval, completes an investigation by the Securities and Exchange Commission. The Honeoye Falls company was charged with misleading investors.

Exploring a community utility 

Careal Bayo illuminates the potential of alternative career paths

URMC tops local employers on Forbes list

D&L Groceries is well-stocked with resilience

Economy & Business

An economic recovery that’s still under way

By PAUL ERICSON | August 29, 2023

The latest numbers on the Rochester-area economy show the recovery from the COVID pandemic remains a work in progress.

Economy & Business

Rochester still has the fastest-selling homes

By PAUL ERICSON | August 22, 2023

In metropolitan Rochester, houses continue to sell faster than in any other large metro nationwide. The chief reason: extremely low inventory of available homes for sale.

Economy & Business

Business starts signal economic optimism here

By PAUL ERICSON | August 16, 2023

Ranked by new business applications per 1,000 residents in 2022, Monroe County placed near the top third among the more than 3,100 counties nationwide.

Economy & Business

Urban stores are a strength, Tops president says

By MIKE COSTANZA | August 15, 2023

The second-largest grocery chain in Monroe County has two stores in lower-income neighborhoods in Rochester. “We feel very strongly about being in those areas and serving the needs of customers,” Ron Ferri says.

Economy & Business

Semiconductor firm AMD expands in Monroe County

By SMRITI JACOB | August 8, 2023

The California company plans to create 165 jobs at Linden Oaks Office Park and in Dutchess County.

Economy & Business

How Wegmans, Whole Foods compare on animal welfare

By PETER LOVENHEIM | August 3, 2023

A recent survey found U.S. consumers are increasingly concerned about humane treatment of animals raised for food. Competing supermarkets Wegmans and Whole Foods both say they adhere to animal welfare standards, but their approaches differ.

Economy & Business

Hyzon stock to remain on Nasdaq

By PAUL ERICSON | July 28, 2023

The Honeoye Falls-based company has regained compliance with Nasdaq’s minimum bid price requirement and no longer faces the threat of delisting.

Economy & Business

GS Optics growth planned after acquisition

By SMRITI JACOB | July 5, 2023

Plans call for the century-old Rochester optics firm, recently acquired by British firm G&H, to expand its downtown facility.

Economy & Business

Inside the public power fight in Rochester

By COLIN KINNIBURGH | July 3, 2023

The campaign here mirrors other municipalization efforts—fueled by the desire for lower rates and greater local control—that have occurred around the country in recent decades. But it faces daunting odds.

Economy & Business

Blackbird.AI boosts total capital raised to $32 million

By SMRITI JACOB | June 26, 2023

The firm, which helps organizations detect and respond to threats that cause reputational and financial harm, received $20 million in a recent Series B round.

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