On the Record / June 13, 2014
Hires/Promotions/Honors Preservation Buffalo Niagara named Catherine Schweitzer chairwoman of its board of directors. Other officers: vice chairs, Marla Bujnicki, Terry Robinson, Eric Stenclik;...
View ArticleStarbucks will provide customers with wireless charging stations
Starbucks Corp., the world’s largest coffee-shop operator, is teaming up with Duracell Powermat to let customers recharge mobile devices wirelessly instead of hunting for available wall outlets in...
View ArticleMediocre economic news, Iraq turmoil send the stock market sharply lower
NEW YORK – A combination of so-so economic news and violence in Iraq helped push the stock market sharply lower Thursday.Stocks fell from the start of trading on a government report that retail sales...
View ArticleRetail sales rise for fourth straight month amid consumer confidence
WASHINGTON – U.S. retail sales rose for a fourth straight month in May, adding to evidence that consumer spending will contribute to stronger economic growth.Consumer spending rose by 0.3 percent in...
View ArticleSupreme Court rules that inherited IRAs aren’t safe from creditors
WASHINGTON – A unanimous Supreme Court ruled Thursday that inherited Individual Retirement Accounts are not shielded from creditors in bankruptcy proceedings, a decision that clears up confusion about...
View ArticlePegula transactions indicate interest in Bills
In addition to selling off lucrative assets, Buffalo Sabres owner Terry Pegula has been busy reorganizing his business holdings and subsidiaries.Many believe these moves are further evidence the...
View ArticleYahoo’s second Lockport project about half done, IDA told
LOCKPORT – A Yahoo executive told the Town of Lockport Industrial Development Agency on Thursday that construction on its second Lockport project is about half done.The buildings under construction...
View ArticleComplete economic recovery looks distant as growth stays slow
WASHINGTON – Recessions are always painful, but the Great Recession that ran from late 2007 to the middle of 2009 may have inflicted a new kind of pain: an era of slower growth.It has been five years...
View ArticleDunkirk power plant gets PSC approval
The State Public Service Commission gave the go-ahead Thursday to the $140 million plan to upgrade a coal-fired power plant in Dunkirk so it has the ability to burn less-expensive – and less-polluting...
View ArticleTime Warner trying to fix email access problems
Time Warner Cable says it is trying to resolve problems that have prevented some of its customers from accessing their RoadRunner email accounts in the past few days.“We are actively working to...
View ArticleJacobs family won’t bid on Bills, but may participate in stadium effort
The Jacobs family will not pursue an ownership interest in the Buffalo Bills, but is looking at operating and owning at least part of a new stadium for the team, The Buffalo News has learned.Owning...
View ArticleOn the Record / June 14, 2014
Hires/Promotions/Honors Marek Kobialka, a construction engineer with the Niagara Power Project, recently received, on behalf of the New York Power Authority, the Structural Concrete Repair Award from...
View ArticleHarborCenter crane fine after lightning strike
Lightning struck the south tower crane at the HarborCenter construction site Thursday night, forcing workers to shut it down temporarily, but no one was injured and there were no damages, a Buffalo...
View ArticleMedical Campus cites rapid growth, and the challenges it raises
About 17,000 people will work on the Buffalo Niagara Medical Campus by 2017, once construction is completed on several major projects now under way on the campus.That’s an increase of 5,000 from the...
View ArticleStock market ends bad week on the rise
NEW YORK – A flurry of corporate deals and a positive outlook for the technology industry gave the stock market a lift Friday.Intel jumped after the company said sales of business computers have been...
View ArticleOpening of Savers thrift store leads development at Sheridan Plaza
Savers, an international, for-profit thrift store chain, is preparing to open its second Western New York location in the Town of Tonawanda at Sheridan Plaza.Set to open in August, the store will...
View ArticleTime Warner feeling heat over RoadRunner email problems
Maybe Bill Cowher can devise a game plan to solve Time Warner Cable’s RoadRunner email woes.But even the football coach-turned-pitchman for the telecommunications giant might see this as a tough...
View ArticleJacobs family won’t bid on Bills, but may participate in stadium effort
The Jacobs family will not pursue an ownership interest in the Buffalo Bills, but is looking at operating and owning at least part of a new stadium for the team, The Buffalo News has learned.The...
View ArticleBidding wars and big prices: Buffalo real estate is red hot
When Jeff and Monica Rapini decided in late April to sell their North Buffalo home, their agent set the price at $145,900.She posted the listing online at 2:30 p.m. on a Tuesday. Within hours, five...
View ArticleBiz Talk: Bettering Bailey Avenue’s business climate
Ibrahim Cisse has no real ties to Bailey Avenue.He didn’t grow up on Bailey, or the East Side of Buffalo, for that matter. But the African immigrant, who was reared in affluence in the Ivory Coast,...
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