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Many workers put off retirement, take ‘encore’ jobs

After Fred Wallace was laid off from a high-paying job in 2011, the 56-year-old knew the odds of landing a comparable position were slim.He polished his LinkedIn profile and networked like crazy.......

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Stocks rise on good news about inflation and companies’ strong...

U.S. stocks rose, with the Standard & Poor’s 500 Index closing two points from a record, as data showed inflation has failed to gain a toehold, and earnings from Comcast Corp. to... Read More

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DuPont net income up 3.9%

WILMINGTON, Del. – DuPont Co. on Tuesday reported net income that climbed by 3.9 percent in its second quarter, matching analyst expectations.Shares of the company jumped before markets... Read More

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Verizon exceeds profit estimates for quarter on strength of customer gains

Verizon Communications Inc., the largest U.S. wireless carrier, exceeded profit estimates on stronger customer gains even as rivals including T-Mobile US Inc. brought more price competition to the......

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Paddle wheel boat cruises set to launch from Niagara-on-the-Lake

Don’t feel like getting drenched on the Maid of the Mist?Not a big fan of the idea of speeding through the rapids in a roaring jet boat?Then perhaps the thought of a leisurely cruise on the... Read More

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Praxair gets $10 million from state for Tonawanda expansion

Praxair is getting up to $10 million in incentives from New York State for its $38.7 million project to expand and modernize its technology center in the Town of Tonawanda.Empire State Development......

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Photo Gallery: A sneak preview of Cabela’s

See what's in store at Cabela's as it prepares for its Aug. 7 opening in Cheektowaga.... Read More

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Buffalo area unemployment rate drops to 6 percent

The Buffalo Niagara region’s work- force keeps shrinking, and that’s helping to push the local unemployment rate down to its lowest levels since 2008.The unemployment rate in the... Read More

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Investment partnership will help local IT firm expand

Inergex, a Buffalo-headquartered IT consulting and services company, has received a large vote of confidence from private investment firm Palladian Capital Partners, LLC.The two companies announced...

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Seed funding to aid Buffalo Niagara Medical Campus start-ups

Buffalo Niagara Medical Campus start-up companies can apply for up to $10,000 in seed funding through a new program sponsored by First Niagara Bank.The medical campus is taking applications for the...

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Proposed tax breaks for dairy farm energy conversion

U.S. Sen. Charles E. Schumer is pushing for tax incentives that would more easily allow area dairy farmers to turn potentially hazardous waste into a renewable energy source.Schumer’s... Read More

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First group of 75 employees moving into new Catholic Health building

The first wave of Catholic Health System workers begins moving on Monday into the new, $50 million headquarters building on the edge of the Buffalo Niagara Medical Campus.About 75 employees in... Read...

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Hudson City’s net income falls 20 percent

Hudson City Bancorp’s second quarter net income fell 20 percent from a year ago, to $39.2 million, the New Jersey-based bank reported.Buffalo-based M&T Bank plans to acquire Hudson City, ... Read...

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First Niagara declares 8-cent dividend

First Niagara Financial Group’s board of directors declared a quarterly dividend of 8 cents per share on outstanding First Niagara stock.The amount was the same as what the Buffalo-based... Read More

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New (pricey) 'Frozen' merchandise unveiled

Kohl's responds to demand for movie tie-ins ... but you'd better leave your budget at home.... Read More

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On the Record / July 24, 2014

Hires/Promotions/Honors YMCA Buffalo Niagara named Tim Gill maintenance supervisor at the Ken-Ton Family YMCA. Gill served as the maintenance supervisor at the Northeast Family YMCA from 2007 until......

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Financial Institutions’ net income rises slightly

Five Star Bank’s parent company reported net income of $7 million for the second quarter, up slightly from $6.9 million a year ago, as the bank pressed forward on its expansion efforts.... Read More

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GM announces six more recalls

General Motors announced six more recalls Wednesday, bringing its total so far this year to 60, affecting nearly 30 million vehicles.Wednesday’s recalls total nearly 823,000 cars, trucks and ... Read...

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Facebook, with boost from mobile, soars to sharply higher earnings

MENLO PARK, Calif. – Facebook is on a roll. The world’s largest online social network posted sharply higher earnings Wednesday as revenue from mobile advertising continued to grow,... Read More

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S&P 500 reaches another record high as technology, health care shares rally

The Standard & Poor’s 500 index rose to an all-time high, as Apple Inc. boosted technology companies, and health care shares rallied amid earnings. Boeing Co.’s results dragged... Read More

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