Despite fees, annuities make sense for some investors
People give him a funny look when he admits he has one, said Shane Fischer, 37, of Winter Park, Fla. It’s a trap, they warn him. The fees will eat you alive. And besides, aren’t you... Read More
View ArticleCD rates are barely budging from record lows
There’s a webcam on the Internet where you can watch paint dry and grass grow.Another one for watching CD rates would fit right in.Over the last 12 months, average returns on certificates of ... Read...
View Article6 ways to measure your financial goals
Most of us want goals to shoot for, but all too often we pick the wrong ones.Adam Nash, chief executive of Wealthfront, explained the strange way this tends to happen at work. If workplace leaders......
View ArticleCalspan workers vote to end strike
Twenty-four striking Calspan Corp. are scheduled to return to work on Wednesday after voting to accept a three-year contract offer from the company, Calspan said.The workers, who are members of the...
View ArticleSome peaches, plums and nectarines recalled
Certain peaches, plums and nectarines sold at BJs, Sam’s Club Trader Joe’s and Wegmans in Western New York are being recalled.California-based Wawona Packing Co. is recalling the... Read More
View ArticleThe boss is keeping an eye on your work
If it seems like employers don’t trust employees – well, they don’t.Bad apples in the workplace bunch – or simply fear of bad apples – have pushed many employers... Read More
View ArticleBlue Bridge Financial opens S.C. office
Blue Bridge Financial LLC, a Buffalo-based provider of equipment financing, has opened a business development office in Lake Wylie, S.C.Mark DeBacker, the chief executive officer, said the... Read More
View ArticleNew technology can be stressful for dentists
HACKENSACK, N.J. – Dentists say every year new technology comes on the market that promises to make dentistry more precise, appealing or streamlined. But with each purchase, they need to... Read More
View ArticleSchumer weighs in on dumping case
U.S. Sen. Charles Schumer says an upcoming ruling by the U.S. Department of Commerce about alleged “dumping” by a Russian company could have implications for Globe Specialty... Read More
View ArticleTough economy turns some baby boomers into entrepreneurs
Bohnne Jones didn’t count on having to fire her husband, Larry.And David Whiting works six days a week at his smoothie franchise, knowing he would have made substantially more had he left... Read More
View ArticleConcerns about tension in Ukraine keep investors on sideline; stocks fall
U.S. stocks fell, after the best Standard & Poor’s 500 index rally since April, as concerns that tension in Ukraine could lead to deeper sanctions against Russia kept investors on the... Read More
View ArticleFocus of campaign to raise miniumum wage is shifting to local level in...
Congressional action to raise the minimum wage may have stalled, but a grass-roots campaign to lift basic pay is picking up steam at city halls and state legislatures – and probably heading... Read More
View ArticleOn the Record / July 22, 2014
Hires/Promotions/Honors The New York State Bar Association presented its Root/Stimson Award to Buffalo attorney Thomas Beecher recently. The annual award, named for distinguished lawyers Elihu Root......
View ArticleNetflix tops 50 million subscribers as second quarter earnings soar
SAN FRANCISCO – Netflix’s second-quarter earnings more than doubled as new episodes from one of its hit series helped the Internet video service surpass 50 million worldwide... Read More
View ArticleVerizon launching rewards program that requires consent to being tracked
NEW YORK – Verizon Wireless is launching a nationwide loyalty program this week for its 100 million-plus subscribers. There’s a twist, though: To earn points for every dollar spent,... Read More
View ArticleYoung women’s business leadership program begins Tuesday
The GenHERation Summer Leadership Series, a leadership camp for high school girls, will be offered in Buffalo for four weeks beginning Tuesday.It’s the brainchild of GenHERation CEO Katlyn... Read More
View ArticleCommunity Bank’s profits up 12.3 percent
Community Bank System reported a 12.3 percent increase in its net income in the second quarter, to $23.7 million.The DeWitt-based bank’s diluted earnings per share were 57 cents, up about 10 ... Read...
View ArticleTravers Collins auctioning office equipment
The abrupt end to public relations and advertising firm Travers Collins has one final chapter to play out: all of its furniture, fixtures and equipment are being auctioned.An array of “high-... Read...
View ArticleScharf’s German restaurant soft opening tonight
Scharf’s Schiller Park German Restaurant has been reincarnated as Scharf’s German Restaurant und Bar.The iconic tavern relocated from its longtime South Crossman Street home in... Read More
View ArticleCTG earnings drop on reduced revenue and high medical costs
Slower growth in its electronic medical records business, coupled with higher costs in its employee medical expenses, are expected to cut into Computer Task Group’s earnings this summer.The... Read More
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