Health care stocks drag indexes down
NEW YORK – An early surge on the stock market evaporated Friday, as health care stocks tugged major indexes down.Biotech companies were especially hard-hit after U.S. lawmakers questioned the pricing...
View ArticleBreakfast foods are getting pricier
NEW YORK – Breakfast is now being served with a side of sticker shock.The price of bacon is surging, and the cost of other morning staples, like coffee and orange juice, is set to rise because of...
View ArticleWIVB set to be part of mega-deal Media General to buy LIN for $1.6 billion
Media General’s acquisition of the parent company of WIVB-TV (Channel 4) announced Friday would mark the second ownership change for a leading Buffalo TV station this year and bring all three of...
View ArticleRedevelopment projects to include apartments, office space
Three downtown and Buffalo Niagara Medical Campus redevelopment projects are up for consideration by the Buffalo Planning Board next week, as the demand for apartments in the city continues to spur...
View ArticleBusting up ‘job lock’
CHICAGO – For uninsured people, the Affordable Care Act may offer an escape from worry about unexpected, astronomical medical bills. But for Stephanie Payne of St. Louis, who already had good...
View ArticleJos. A. Bank, Men’s Wearhouse likely to retain identities in business...
BALTIMORE – They both sell suits, but in consumers’ minds, Jos. A. Bank and Men’s Wearhouse are distinct brands.That’s an advantage that the two biggest menswear chains should strive to keep as they...
View ArticleCEOs with interests in Russia wary of tougher U.S. sanctions
Companies with investments in Russia – such as General Electric Co. and Boeing Co. – are growing concerned as the U.S. prepares to impose tougher sanctions over the crisis in Crimea that may spur...
View ArticleBusiness people: Steve Szubinski named president of PCA Technology Group
PCA Technology Group named Steve Szubinski president. Szubinski, a partner with the firm since its founding in 1989, earned an MBA at the University at Buffalo. He is also a graduate of both the...
View ArticleNiagara County Real Estate Transactions
CAMBRIA• Comstock Road, Suzanne F. Milleville to AM Farms Llc, $204,000.• Upper Mountain Road, Matthew P. Foe; Jeanette S. Kroening to Karin Erdmann; Kaitlin Erdmann, $150,000.LEWISTON• Escarpment...
View ArticleErie County Real Estate Transactions
ALDEN• 11041 Fairview Drive, Mary D. Rogers to Jaclyn R. Coia; Mark R. Coia, $162,500.• 12661 Main St., Alethea Sokero; Patrick P. Sokero; Patrick R. Sokero to Candice M. Canzoneri, $127,020.• 1589...
View ArticleFirst Niagara: In the cross hairs
A year ago last week, First Niagara Financial Group’s board removed John R. Koelmel as its president and chief executive officer.While that tumultuous period is over, the Buffalo-based bank faces a...
View ArticleContest could make us all winners
People will do a lot for $1 million – even if it means entering a contest that would make them spend the next year in Buffalo.And that makes Andrew Pulkrabek, who’s in charge of the state-backed...
View ArticleFor low-wage workers, the walls continue to close in
CHATTANOOGA – At 7 in the morning, they are already lined up – poultry plant workers, housekeepers, discount store clerks – to ask for help paying their heating bills or feeding their families.And...
View ArticleLobbyists pay little heed to wage hike proposal
The odds that Congress will pass an increase in the U.S. minimum wage before the November elections are so low that even the nation’s lobbyists are largely ignoring it.The AFL-CIO, the nation’s...
View ArticleConsumers have more options for getting free credit scores
Linzi Hansen of Elk River, Minn., requested her credit report after the Target breach, but the 24-year-old found the report frustrating and incomplete.No one had told her how to read it, and no credit...
View ArticleSmall companies pound pavement to get deals
NEW YORK – When a small business can boast having big clients like Walmart and Procter & Gamble, their peers often want to know how they did it.The truth is there’s no magic that gets a small...
View ArticleStates looking ar free community college
PORTLAND, Ore. – Nothing sparks consumer demand like the word “free,” and politicians in some states have proposed the idea of providing that incentive to get young people to attend community...
View ArticleBusiness Calendar
MondayProfessional groups • The Buffalo/Niagara Sales & Marketing Executives, networking and dinner meeting, 5:15 p.m., dinner, 6:15 p.m., Smith Theatre, 660 Main St., Buffalo. Program: Buffalo...
View ArticleHigh natural gas prices, cold winter drive electric prices sky high
Edward Fallon got quite a jolt when he opened his electric bill earlier this month.His March bill jumped by 46 percent from the previous month, spiking to $136 from $93 during February.All this during...
View ArticleDebt dash to financial freedom
There’s an old joke that goes: “How do you eat an elephant?”“One bite at a time.” The larger point, of course, is that a seemingly insurmountable task can be conquered if you start small.I’ve always...
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