North Buffalo company files lawsuit over flaws in 5-foot globe
A North Buffalo company that makes exhibits for museums across the country, including the 9/11 museum in New York City, has run into some trouble with a 5-foot globe known as the Magic Planet that...
View ArticleAfter delays, AMRI plans April opening of temporary location on Medical Campus
Albany Molecular Research Inc.’s move into Buffalo remains delayed, but a state official is optimistic that the drug-development company will be up and running by April in temporary space on the...
View Article11% increase reported in loans by SBA
A small-business lending program backed by the federal government showed some signs of an uptick in February.The Small Business Administration said 52 of the loans, called 7(a) loans, were originated...
View ArticleMarket Arcade’s new owner plans to spruce up the retail and arts mall
The soon-to-be-new owner of the Market Arcade complex in downtown Buffalo said he wants to keep all of the existing tenants and spend about $1 million to spruce up the interior of the building, while...
View ArticleGroup pushes for New York State’s help in building wind turbines
With the state planning to pump $1 billion over the next decade into solar projects, a group of local businesses and environmentalists are wondering: What about wind energy?With the strong winds...
View ArticleOn the Record / March 14, 2014
Hires/Promotions/Honors Installs Inc. appointed John Nettina president. With the company since 2003, Nettina most recently was senior vice president and chief operating officer. He is a Canisius...
View ArticleAmazon Prime membership increasing to $99 per year
NEW YORK – Amazon is betting that shoppers will pay $20 more for its popular Prime two-day free shipping and video streaming service of movies and TV shows.The mega online retailer said Thursday that...
View ArticleCritics blast Cuomo plan to reform bank taxes as ‘a big gift to Wall...
ALBANY — Gov. Andrew M. Cuomo’s proposal to simplify New York bank taxes contains a provision that would let Manhattan’s big investment banks pay taxes on only 8 percent of their securities income,...
View ArticleMarket takes a beating as investors sell stocks and turn to safer assets
Increasing worries about China’s economy and rising tensions over Ukraine rattled the stock market Thursday.Investors sold stocks and shifted to safer assets like bonds. The Dow Jones industrial...
View ArticleU.S. budget deficit hits $193.5 billion
WASHINGTON – The U.S. government is running a deficit that is 23.6 percent lower than in the same period a year ago through the first five months of this budget year, another sign of improvement in...
View ArticleIMF warns that disparities in income can hurt economic growth
WASHINGTON – The International Monetary Fund warned Thursday that wide income inequality can slow economic growth and is proposing ways to reduce it.Its recommendations include: Raising property...
View ArticleSummit Park Mall in Wheatfield sold
The long-neglected Summit Park Mall in Wheatfield finally has a new owner.Zoran Cocov, a developer and real estate broker from Brampton, Ont., completed his purchase of the mostly empty retail...
View ArticlePussy willow availability for Dyngus Day still a bit fuzzy
Imagine Christmas without Santa Claus, Groundhog Day without the groundhog, Dyngus Day without pussy willows.It could happen.This winter’s unusually cold temperatures and long, deep freezes could put...
View ArticleAMS moving forward on plans to hire 249
AMS Servicing plans to start relocating employees to a new location in Elma in mid-July, as it targets adding 249 jobs over the next five years.AMS, a residential mortgage servicer, is currently in...
View ArticleBudwey’s will keep doors open in NT and Newfane
It looks like Budwey’s Markets could live to see its 100th birthday.After announcing in October that he would sell the namesake stores that his grandmother founded in 1922, Frank Budwey said he just...
View ArticleWarren Buffett visits GEICO here, celebrates success milestone
Billionaire investor Warren Buffett paid a visit to Buffalo Thursday, dropping in at the Amherst service center for Geico Corp. to help the insurer celebrate a strong performance last year and mark...
View ArticleTax help available on Tuesday
The Buffalo News will host a panel of accountants on Tuesday, March 18, to answer Western New Yorkers questions about filing their tax returns.A total of 11 accountants are scheduled to participate,...
View ArticleWegmans donates $1.05 million to Explore & More Children’s Museum
The Explore & More Children’s Museum in East Aurora received two gifts from Wegmans on Thursday totaling $1.05 million for its capital campaign to build a facility at Canalside in downtown Buffalo...
View ArticleWhat fabulous five-year mutual fund returns don’t say
Fabulous can have a flip side.It’s something investors should remember as mutual funds’ five-year return figures grow more eye-popping by the day. Many funds have more than doubled over that time, but...
View ArticleMichelle Singletary: Tax season can turn into fraud season
As much as you may loathe tax season, there are people who rejoice during this time of year.They see it as prime time for picking people to victimize. Unscrupulous folks know taxpayers are eager for...
View Article