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Lithium batteries pose airline blast risk

New research shows that lithium batteries can explode and burn even more violently than previously thought, raising questions about their use and shipment on passenger airplanes.Because many... Read...

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Fort Erie Race track’s new owners plan for redevelopment

The Fort Erie Race Track will still be subsidized by the Ontario government for now, but the horse-racing facility’s new Buffalo owners hope their plans to redevelop the vast acreage around... Read More

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Barneys to pay $525,000 in racial profiling dispute

NEW YORK – After a nine-month investigation, Barneys New York has agreed to pay $525,000 and institute a host of reforms to settle accusations that it singled out minority shoppers for... Read More

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Business Briefly: Aug. 12, 2014

New Sprint CEO sees further cost cuts Sprint Corp. Chief Executive Officer Marcelo Claure, in his first day on the job, told employees to expect further cost cuts and a more vigorous competitive......

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Report helps Tesla Motors stock reach record high

Tesla Motors’ shares rose to a record Monday after a Deutsche Bank AG analyst raised his target price and rating for the electric-car maker’s shares, citing his expectation for faster ... Read More

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Stocks boosted by easing of Ukraine tensions

LONDON – An easing of tensions in Ukraine combined with subdued Chinese inflation figures to help stock markets around the world enjoy one of their best days in a while. For weeks, markets... Read More

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Your homeowners insurance may not cover everything you think it does

You probably bought your home policy years ago, then stuffed it in a file somewhere. Will it be there for you when you need it? asks ShopSmart, the shopping magazine from the publisher of Consumer......

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Companies return call center jobs to U.S. as overseas labor costs rise

In a hive of cubicles at the Dialog Direct offices in Highland Park, Mich., Keontay Kelley and other employees answer calls through headsets.While they work, LED signs on the walls flash reminders:...

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New York Life Co. hiring in Williamsville

New York Life Co. is seeking to hire 15 more agents for its Buffalo General Office in Williamsville.The new hires would join 65 agents that the policyholder-owned mutual life insurance company... Read...

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Stocks fluctuate in midday trading

U.S. stocks fluctuated in midday trading today, after the Standard & Poor’s 500 Index produced its biggest two-day gain since April, as investors watched geopolitical developments and... Read More

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Oishei Foundation may leave One Seneca Tower

One of Western New York’s best-known nonprofit charitable foundations may be moving out of its longtime home at One Seneca Tower.The John R. Oishei Foundation, whose contributions and active ... Read...

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Buffalo Medical Group opens new Southtown office

Buffalo Medical Group has opened its new Southtowns office and patient-care building in Orchard Park, replacing a former location on Southwestern Boulevard that the region’s largest... Read More

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On the Record / Aug. 13, 2014

Hires/Promotions/Honors Compu-Mail promoted Jim Piesczynski to its management team as technical services manager. Piesczynski is a 14-year veteran of the company. Also, the company named Martin......

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Statewide network of medical records promises to improve care

A plan to spend $55 million over the next few years building a statewide database of electronic medical records will allow doctors to provide patients better care, at a lower cost and with less......

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Sunwing to begin international service in January

Sunwing Airlines will start its non-stop flight service from Buffalo Niagara International Airport to Mexico and the Dominican Republic beginning in January and February next year. The Toronto-......

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Buffalo tech firm sets up program to advise local startups

Executives with Algonquin Studios are inviting high-tech startups to set up shop in the company’s offices and draw on the expertise and experience of company officials to put business ideas... Read More

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National Grid generational shift cited as CEO makes annual visit

National Grid CEO Steven J. Holliday, visiting the Buffalo area from his London office this week to speak at a small energy forum attended by about 200 area academics and business leaders, set... Read...

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Synacor’s net loss widens sharply in second quarter

Synacor’s financial picture appeared to worsen in the second quarter, as the beleaguered media company’s net loss widened sharply on lower revenues from advertising.But its new CEO is ... Read More

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Statler to get $5 million in exterior work

The exterior of the Statler City hotel will get a $5.3 million face lift to restore its marquee, store front and the building’s terra cotta.Mayor Byron W. Brown and Statler City developer... Read More

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Statler’s multi-million restoration moves outside

With workers scaling its exterior walls like Spider-Man to see exactly what needs to be done, the Statler City hotel is getting a $5.3 million face-lift that will include a new marquee and... Read More

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