Barra named GM’s first female CEO
General Motors Co. named Mary Barra, whose career began on the factory floor, to succeed Dan Akerson as chief executive officer, making her the first female CEO in the global automotive...
View ArticleBarra offers advice to Kettering graduates
When she gave the June commencement speech at her alma mater, Kettering University in Flint, Mich., Mary Barra seemed to foreshadow the role she will assume in mid-January, when she becomes the first...
View ArticleUB lists 13 sites for ‘Start-Up NY’ program to attract...
The University at Buffalo has drafted a list of 13 properties where companies locating new jobs could pay no state or local taxes for 10 years through the state’s “Start-Up NY” initiative.Campus and...
View ArticleBuffalo area home sales jump 9.5% in October, and prices rise
Continuing a steady 12-month trend, Western New York’s housing market posted solid growth again in October, as sales rose strongly from the prior year and sellers saw gains in prices that are raising...
View ArticleFederal judge’s ruling on Detroit pension vulnerability downplayed in...
In the aftermath of a federal judge’s ruling that state constitutional protections do not shield pension obligations for retirees in Detroit, unions and others across the country say public employee...
View ArticleSeneca Niagara Casino's makeover nearly complete
NIAGARA FALLS – With its 11th anniversary approaching on New Year’s Eve, Seneca Niagara Casino is receiving a makeover, with brighter lighting, a redesigned gambling floor and better air quality,...
View ArticleOn the Record / Dec. 12, 2013
Hires/Promotions/Honors Phillips Lytle partner Timothy W. Hoover was reappointed to the New York State Continuing Legal Education Board for a three-year term. The board is authorized to accredit...
View ArticleStudy finds strong opposition to in-flight calls
WASHINGTON - As federal regulators consider removing a decades-old prohibition on making phone calls on planes, a majority of Americans who fly oppose such a change, a new Associated Press-GfK poll...
View ArticleDisappointing earnings reports send stocks slumping
NEW YORK – Disappointing earnings from a handful of U.S. companies pushed the stock market to its biggest loss in five weeks.Health care stocks had some of the biggest declines. Laboratory Corporation...
View ArticleMadoff sought to avoid being seen in handcuffs, former finance chief testifies
Bernard Madoff planned every detail of his firm’s demise in the days before he was arrested five years ago to avoid being marched past his 200 employees in handcuffs, the con man’s former finance...
View ArticleBoeing, union in serious negotiations to secure 777X jet for Washington State
SEATTLE – Following an initial meeting Tuesday, Boeing Co. began serious negotiations with the Machinists union Wednesday, seeking a labor deal that would secure the building of the 777X jet for...
View ArticleCanada’s postal service to end home delivery, plans price hike
Canada’s postal service will scrap door-to-door mail delivery over the next five years and cut as many as 8,000 jobs to offset declining mail volume.The Ottawa-based agency is also raising the price...
View ArticleAlbany OKs ‘job-creation vehicles’ totaling $60.8 million for...
ALBANY – Several local projects dubbed “job-creation vehicles” – including expansion of an advanced computing center for the University at Buffalo, a new hockey arena in Lockport and money for the...
View ArticleM&T experiments with job-search services for struggling mortgage customers
When someone loses a job, personal financial pressures – like keeping up with the mortgage – can intensify.So imagine if the bank, instead of getting on you about your mortgage payment, offered to...
View ArticleKey Center owner threatens lawsuit on ECIDA incentives for Uniland project...
The owner of Key Center at Fountain Plaza is threatening legal action over some of the incentives that the Erie County Industrial Development Agency may provide to Uniland Development Co. for a...
View ArticleFederal study finds electronic medical records improve health of diabetics
Area doctors who participated in a three-year, federally funded study of electronic medical records found an improvement in the health of their diabetic patients, project leaders announced...
View ArticleNew cars, trucks sold in U.S. hit record 23.6 gas mileage last year
DETROIT – New cars and trucks sold in the United States last year got an average of 23.6 miles per gallon in combined city and highway driving, a record that came mainly through improvements to...
View ArticleUnemployment aid applications surged 68,000 last week
WASHINGTON – The number of people seeking U.S. unemployment benefits rose 68,000 last week to a seasonally adjusted 368,000, the largest increase in more than a year.The surge in first-time...
View ArticleNFJC doing critical anti-bias work, business leader says
The National Federation for Just Communities is doing critical anti-bias work to lay the foundation for a return of young, creative professionals to the Buffalo Niagara area, the head of the region’s...
View ArticleConsumers’ big purchases in November lift hopes for economy
WASHINGTON – Americans ramped up spending at retail businesses in November, providing a boost to the economy just in time for the holidays.But traditional retail stores didn’t benefit as much from the...
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