GE to buy scientific equipment units from Thermo Fisher for $1.06 billion
General Electric Co. agreed to buy businesses making equipment used to grow cell lines and purify DNA from Thermo Fisher Scientific Inc. for about $1.06 billion.The purchase of the cell culture, gene...
View ArticleHot deals for January shoppers
After weeks of harried holiday shopping, the last thing many people want to do is head back to the mall. But savvy shoppers can pick up some great deals this month if they know what they’re looking...
View ArticleWith stocks, don’t settle for mediocrity
Robert A. Olstein finds the arguments for index funds personally insulting.“What do you mean I can’t beat the market?” he says angrily. A forensic accountant-turned-mutual fund manager, he doesn’t aim...
View ArticleLafarge gets Planning Board’s OK for quarry expansion in Lockport
LOCKPORT – Officials of Lafarge North American portrayed their company’s Lockport operations as hanging by a thread, as they obtained the city Planning Board’s recommendation Monday for expanding...
View ArticleGrocery stores use calm of the storm to restock
After struggling to restock shelves depleted by consumers preparing for the storm, local grocery stores reported operating with only minor supply issues today.“For these events, it’s really that...
View ArticleM&T vice chairman Pinto steps down for health reasons
Michael P. Pinto, vice chairman of M&T Bank Corp., has resigned from the board of directors due to a “serious medical condition,” the Buffalo-based bank said Tuesday.Pinto, 57, will continue as...
View ArticleFalling U.S. trade deficit hopeful sign for economy
WASHINGTON – The U.S. trade deficit fell in November to its lowest level in four years, an encouraging sign for economic growth. Gains in energy production and stronger sales of American-made...
View ArticleSony Corp. plans Internet-based TV service in U.S.
Sony Corp. will begin testing an Internet-based television service in the U.S. this year, challenging traditional cable and satellite providers including Comcast Corp. and DirecTV.The product will...
View ArticleMakeover in maps signals rethinking of design in data-driven world
SAN FRANCISCO – Like many designers, Eric Rodenbeck has had a long relationship with bar graphs and pie charts. He just thinks they are a little old school for today’s data-filled world.Rodenbeck has...
View ArticleBlackBerry returning to keyboard
BlackBerry Ltd., which struggled to entice customers with touch-screen models last year, plans to return its focus to keyboard-equipped phones under Chief Executive Officer John Chen.“I personally...
View ArticleBuffalo region home sales rose in November, but prices sagged
Home sales in November shot up in Western New York, continuing an active local market that started earlier in the fall, but pending sales and prices softened as winter approached.The number of...
View ArticleFirst Niagara cutting 170 jobs, closing 10 branches
First Niagara Financial Group is cutting 170 jobs and closing 10 branches as the bank adapts to how customers are using its services, an executive said.The positions are being cut at branches around...
View ArticleBuffalo getting a Polish food truck
Hang onto your gotchies: Buffalo is getting a Polish food truck.The truck, dubbed Betty Crockski, will roll out in March and officially launch April 21, Dyngus Day.Owned by Buffalo natives and...
View ArticleFew wearable gadgets able to balance fashion and function
LAS VEGAS – Gadget lovers are slipping on fitness bands that track movement and buckling on smartwatches that let them check phone messages. Some brave souls are even donning Google’s geeky-looking...
View ArticleFord’s Mulally rules out going to Microsoft
Alan Mulally, chief executive officer of Ford Motor Co., said he plans to stay with the No. 2 U.S. automaker through 2014 and won’t leave for Microsoft Corp., underscoring the challenge of finding a...
View ArticleWillingness to take advice an overlooked key for young entrepreneurs
NEW YORK – Hey, 20-somethings, dreaming of trading in the safety of a regular paycheck to start your own business? There’s no secret sauce. Instead, founders of three companies have obvious tips: Work...
View ArticleMarket continues its slippage as sluggish start to 2014 drags on
NEW YORK – The stock market stumbled Wednesday as investors waited for the government’s jobs report later this week and the beginning of quarterly earnings releases from corporate America.Traders put...
View ArticleMacy’s cutting 2,500 jobs
Macy’s Inc., the second-largest U.S. department-store company, forecast profit for its next fiscal year that is higher than analysts’ estimates and said it would cut 2,500 jobs to reduce costs. It is...
View Article238,000 increase in employment for November was above projections
Companies added more workers than projected in December as U.S. employers grew more optimistic about the prospects for demand, a private report based on payrolls showed Wednesday.The 238,000 increase...
View ArticleBuffalo getting a Polish food truck
Hang onto your gotchies: Buffalo is getting a Polish food truck.The truck, dubbed Betty Crockski, will roll out in March and officially launch April 21, Dyngus Day.Owned by Buffalo natives and...
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