KHEOPS selects Olympic Towers
The new parent of TVGA Consultants has chosen the first floor of Olympic Towers in Buffalo as its new home after “an extensive search” that involved “touring multiple buildings,” according to...
View ArticleOn the Record / Dec. 27, 2013
Hires/Promotions/Honors Robert Schoemann of Schoemann’s Road Service of Buffalo received the American Towman ACE Award for achievement in service performance. The award is presented by American Towman...
View Article‘Underwater’ homeowners could face extra tax bill in ’14
WASHINGTON – Struggling homeowners could be hit with an unexpected tax bill in the new year.A law that spared people who owe more than their homes are worth from being saddled with extra taxes when...
View ArticleStocks continue rise on quiet trading day
NEW YORK – The stock market continued its upward climb Thursday as traders went back to work after the Christmas holiday, adding to what has already been a historic year for the market.Traders were...
View ArticleFewer jobless claims signals improving labor market
Fewer Americans than projected filed applications for unemployment benefits last week, indicating the U.S. labor market is improving.Jobless claims declined by 42,000 to 338,000 in the week ended Dec....
View ArticleWebsites try to tame the nasty comments
NEW YORK – Mix blatant bigotry with poor spelling. Add a dash of ALL CAPS. Top it off with a violent threat. And there you have it: A recipe for the worst of online comments, scourge of the...
View ArticleEmpire State Building stakeholders lost $400 million in IPO, suit says
NEW YORK – Thousands of stakeholders in the Empire State Building lost more than $400 million in potential profits when the managing owners rebuffed potential buyers in order to sell public shares in...
View ArticleLast-minute gifts undo parcel carriers
The failure of United Parcel Service Inc. and FedEx Corp. to deliver packages in time for Christmas has exposed the perils of retailers promising to get last-minute gifts to customers.Chains from...
View ArticleMortgage rates show little change
Mortgage rates in the U.S. were little changed as lenders absorbed news that the Federal Reserve plans to taper bond purchases that have helped support the real estate market.The average rate for a...
View ArticleExperts give tips on holiday cleanups
There’s always plenty to do around the holidays, so Consumer Reports asked its cleaning and textile experts how to make the prep work easier and faster. Here’s their advice: • Freshening up sheets,...
View Article2013 in Review: In business, growth was theme
The growing momentum of Buffalo’s building renaissance – some of it fueled with state money sent by Gov. Andrew M. Cuomo – led the 2013 list of top local business stories as selected by The Buffalo...
View ArticleFuture brightening for former Bristol-Myers site as Regional Integrated...
After two years of uncertainty, the future of the former Bristol-Myers Squibb site on Forest Avenue in Buffalo now looks much brighter.While a North Carolina company prepares to build student housing...
View ArticleOn the Record / Dec. 28, 2013
Hires/Promotions/Honors Dan Meyers was named marketing and promotions director at WGRZ-TV. Meyers has been commercial production director at the station and previously marketing & promotions...
View ArticleStocks retreat as S&P 500 declines
Stocks fell, with the Standard & Poor’s 500 Index trimming a weekly gain, after benchmark indexes rallied to all-time highs Thursday amid optimism over the economic recovery.Textron Inc. rose 1.1...
View ArticleTwitter’s stock downgraded by Macquarie After post-IPO surge
Twitter Inc. fell the most since it debuted on the New York Stock Exchange after Macquarie Capital downgraded the social-networking company, saying the stock has gone “too far, too fast.”The shares of...
View ArticleU.S. holiday sales rise 3.5% on discounts
U.S. retail sales rose 3.5 percent during the holiday season this year, helped by deep discounts at malls and purchases of children’s apparel and jewelry, MasterCard Advisors SpendingPulse said.Sales...
View ArticleHeadquarters of former Patrick Homes purchased by Iskalo
Twenty years after Kevin Michael Patrick Curry and Paul Michael Bliss teamed up to create what they called an “elite” new residential and commercial construction company, the last vestiges of their...
View ArticleFederal jobless aid ceases for 1.3 million
WASHINGTON – More than 1 million Americans are bracing for a harrowing, post-Christmas jolt as extended federal unemployment benefits come to a sudden halt this weekend, with potentially significant...
View ArticleDevelopers seek tax breaks to transform former factory at 500 Seneca St.
Developer Sam Savarino and investor FFZ Holdings are asking the Erie County Industrial Development Agency for sales and mortgage tax breaks to transform the sprawling former F.N. Burt Co. factory into...
View ArticleFord puts military-grade metal on track for reinvention of F-150
SOUTHFIELD, Mich. – There are beer cans, and then there are Humvees. Ford will take pains to show that its new, aluminum F-150 pickup truck has more in common with combat vehicles.Ford will debut an...
View Article