Slower holiday sales growth expected
Coming off of a weak back-to-school shopping period, a research firm expects sales growth will be slower this year during the crucial holiday season. Shoppers are also expected to visit fewer stores...
View ArticleStocks, in ‘beast’ of bull market, keep rising
Stocks rose on Tuesday as investors shrugged off worries about what the Federal Reserve is up to.Many expect the Fed to announce Wednesday that it will reduce its $85 billion monthly bond-buying...
View ArticleWeak growth keeps global economy sluggish
WASHINGTON – A robust recovery for the global economy remains well out of reach.That’s the view that emerges from a survey of economists just as the Federal Reserve is expected this week to reduce its...
View ArticleYahoo site plan approved for data center second phase
LOCKPORT – Ground will be broken about Dec. 1 for the next phase of Yahoo’s Lockport data center after the final approval of the site plan Tuesday by the Town of Lockport Planning Board.Paul Bonaro,...
View ArticleIn Focus: Dottie Gallagher-Cohen, president and CEO, Buffalo Niagara...
When Dottie Gallagher-Cohen left her job in June as the region’s top tourism marketing executive, she landed in a high-profile post as the area’s leading business advocate. Gallagher-Cohen succeeded...
View ArticleOperator of local golf clubs sued over collection of tips
A company that operates several local golf clubs in the area is accused of stealing tips from its workers.Texas-based Century Golf Partners, which does business as Arnold Palmer Golf Management,...
View ArticleRealtyUSA acquires agency
RealtyUSA, the largest independent real estate brokerage in the state, has expanded its presence in the Corning-Elmira market by acquiring a smaller agency with more than 30 agents.The Orchard...
View ArticleClarence firm spends $3 million for cigarette-making company
22nd Century Group, a Clarence company that is developing very low-nicotine cigarettes, has acquired a North Carolina firm in a $3 million deal that will help it make and distribute its cigarettes in...
View ArticleNiagara Falls tourism agency agrees to be audited
The tourism agency responsible for promoting Niagara Falls and Niagara County to potential visitors will be evaluated for its effectiveness under a new agreement reached this week.A Canadian firm will...
View ArticleOn the Record / Sept. 19, 2013
Hires/Promotions/Honors Entercom Buffalo sales manager Don Tomasulo was nominated for the Sales Manager of the Year Award by Radio Ink, an industry management and sales magazine. This is the third...
View ArticleBrownfield panel likes new proposal for former Trico plant
A proposal for Orchard Park developer Krog Corp. to take over as the preferred developer of the former Trico Products building in Buffalo and potentially convert it into an extended-stay hotel was met...
View ArticleWill Poultry Co. offers a food show with a dash of fame
In between sautéing chicken wings with his Some Kind of Wonderful spice, John Ellison took to the microphone to croon his megahit of the same title.Ellison, a singer/songwriter-turned-seasoning maker,...
View ArticleStocks hit record high after Fed’s surprise decision to continue...
NEW YORK – The stock market hit a record high Wednesday as investors cheered the Federal Reserve’s surprise decision to keep its economic stimulus program in place.Stocks traded slightly lower...
View ArticleNYSERDA holds free energy-efficiency seminar
The New York State Energy Research and Development Authority is holding a free seminar next Wednesday about energy-efficient initiatives to benefit multifamily buildings. The event will bring building...
View ArticleBrother of Buffalo fraud fugitive sentenced to probation
William W. Wilson, the brother of a fugitive accused of orchestrating a multi-million dollar fraud, was sentenced today by Chief U.S. District Judge William M. Skretny to 18 months of probation.By all...
View ArticleOn the Record / Sept. 20, 2013
Hires/Promotions/Honors Local law firm Lippes Mathias Wexler Friedman’s managing partner, Scott E. Friedman, recently authored a book titled “Family Business: New Planning Strategies for the 21st...
View ArticleNewstead estate going for $4.5 million
Anybody want 80 acres of rural land, complete with a five-bedroom luxury mansion, palatial grounds, a balcony and a deck, and horse stables – just 40 minutes from downtown Buffalo?That’ll be $4.5...
View ArticleBuffalo Niagara region’s job growth stayed moderate into August
The Buffalo Niagara region’s moderate job growth continued into August.Yet despite some strengthening, the local job count expanded only about half as fast as the rest of the country.The region’s job...
View ArticleFed’s surprise on stimulus policy sends ripples across the economy
WASHINGTON – The Federal Reserve’s decision to maintain the size of its economic stimulus could be a gift for buyers of cars and homes, for Americans with 401(k) accounts and perhaps for developing...
View ArticleIndex of leading indicators points to solid economic growth
WASHINGTON – A gauge of the U.S. economy’s future health posted a solid gain in August, signaling stronger growth in coming months.The Conference Board said Thursday that its index of leading...
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