Graco gives in, agrees to recall infant car seats
DETROIT — Graco Children’s Products is recalling 1.9 million infant car seats, bowing to demands from U.S. safety regulators, in what is now the largest seat recall in American history.The recall,...
View ArticlePrices up for homes, but gains are slowing
WASHINGTON – U.S. home prices rose in May compared with a year earlier, but the gains have slowed.Data provider CoreLogic said Tuesday that prices increased 8.8 percent in May compared with 12 months...
View ArticleHormel Foods buys maker of Muscle Milk protein drink
Hormel Foods Corp. agreed to buy Muscle Milk maker CytoSport Holdings Inc. for about $450 million to expand beyond Spam canned meat into the kind of protein younger generations crave – the...
View ArticleMonthly U.S. manufacturing growth continues despite slower pace
WASHINGTON – U.S. manufacturing grew in June for the 13th straight month. But the pace of the expansion slowed from May.The Institute for Supply Management said Tuesday that its manufacturing index...
View ArticleDow climbs toward 17,000 as transports, small caps hit records
Strength in manufacturing pushed the Dow Jones industrial average to within two points of 17,000 for the first time just after midday Tuesday, joining small caps and transportation stocks at records...
View ArticleFTC accuses T-Mobile in billing scam
WASHINGTON – T-Mobile USA knowingly made hundreds of millions of dollars off its customers in potentially bogus charges, a federal regulator alleged Tuesday in a complaint likely to mar the reputation...
View ArticleTravers Collins is acquired by Martin Group
Travers Collins & Co., a well-known Buffalo advertising and public relations firm, has been acquired by the Martin Group, a branding and marketing company owned by a former protégé of Travers...
View ArticleBuffalo’s housing market ranked most stable in nation
Francis and Barbara Smith have called Thomas Fox Drive in North Tonawanda their home for 27 years.The Western New York natives, who grew up in the post-World War II years, built the Cape Cod home in...
View ArticleCoalition asks PSC to review telephone service
A new group called the Connect New York Coalition has filed a petition asking the state Public Service Commission to review the state’s telephone and telecommunications systems.The coalition, backed...
View ArticleBuffalo to match Wegmans' $1 million pledge
One year ago, Wegmans CEO Danny Wegman pledged up to $1 million for a program to prevent students from dropping out of city high schools, provided the Buffalo School District came up with the same...
View ArticleStocks little changed after record levels of Tuesday; more workers added
U.S. stocks were little changed, after benchmark gauges closed at record levels Tuesday, as private data showed companies added more workers than estimated in June before the government’s jobs report...
View ArticleEmpire Genomics raises $1 million from Rand Capital, state fund
Empire Genomics has received a $1 million investment from Rand Capital Corp. and a state-backed investment fund. The 8-year-old company, which has a clinical laboratory on Michigan Avenue, uses...
View ArticleCompanies look to end contraceptive coverage in wake of high court ruling
NEW YORK – Business owners who don’t want to pay for their employees’ birth control are ending that coverage after the Supreme Court said they could choose on grounds of religious belief not to comply...
View ArticleApartment complex near Central Park Plaza sold
A 202-unit East Side apartment complex near the Central Park Plaza has been sold to Buffalo investors Brett Fitzpatrick and Aaron Siegel for $8.57 million.Siegel and Fitzpatrick acquired the 2.2-acre...
View ArticleSBA 7(a) loans increase in June, but dollar volume drops
A key small-business loan program backed by the federal government is generating more activity, albeit in smaller dollar amounts.A total of 71 of the Small Business Administration’s 7(a) loans were...
View ArticleYellen sees little threat to stability
WASHINGTON – Federal Reserve Chairwoman Janet Yellen said Wednesday that she doesn’t see a need for the Fed to start raising interest rates to defuse the risk that extremely low rates could...
View ArticleIngram Micro building in Amherst sold
Ingram Micro’s East Coast headquarters building in Amherst has been sold to the nation’s largest publicly traded real estate investment trust for $24.5 million after its previous institutional owner...
View ArticleWestern New York’s housing market heats up
Home sales in Western New York were down in May, and median prices were up.Credit the laws of supply and demand. A tightening availability of homes for sale, coupled with growing buyer interest...
View ArticlePartnership names nine new members
Nine new members of the Buffalo Niagara Partnership board have been elected.They are:Matthew K. Enstice, president & CEO, Buffalo Niagara Medical CampusKent P. Frey, president, Frey Electrical...
View ArticleFacebook tailors ads based on app use, outside websites
Facebook users beware: The company has – yet again – unilaterally changed its mind about its data collection practices. As users should know, that’s not a good thing for their privacy.Last month, the...
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