On a strong day for stock market, S&P 500 ekes out another record
NEW YORK – It was a stock market squeaker.After piercing its all-time high in early trading, then yo-yoing below and above that level several times during the day, the Standard and Poor’s 500 index...
View ArticleLarkin buys adjacent brownfields site on Seneca Street
Howard A. Zemsky’s Larkin Development Group has acquired a former light-industrial and dry-cleaning site adjacent to the expanding Larkvinville holdings.Zemsky, through Mill Race Commons LLC, paid...
View ArticleApple to refund $32.5 million to settle with FTC over app billing
WASHINGTON – Kids gleefully snapped up virtual pet food, gems or other items while playing games on their mobile devices, while the bills from Apple Inc. mounted, often without parents’ knowledge....
View ArticleThree downtown Niagara Falls ventures get backing from city
NIAGARA FALLS – Plans to renovate six apartments and open a locally owned coffee and sandwich shop in the Third Street area received grant funding on Wednesday from the city.The NFC Development Corp.,...
View ArticleCulliton named interim CEO of Launch New York
Launch New York, a nonprofit organization which aims to promote startup activity in upstate New York, has named Al Culliton its interim chief executive officer, according to a source familiar with the...
View ArticleRelish your lunch hour but not at your desk
Calling it a “lunch break” is overstating it for many American workers. The midday meal is more distraction than destination for most people, according to a recent survey from Office Team.Almost half...
View ArticlePartnership, state lawmakers advocate for tax relief
The Buffalo Niagara Partnership and state lawmakers from Western New York are backing Gov. Andrew M. Cuomo’s business tax relief proposals, arguing that the changes would make the state a more...
View ArticleWNY real estate markets strong, CBRE says in annual MarketView reports
Despite the emptying out of the tallest privately owned building in the state north of New York City, Western New York’s office, industrial and retail markets are strong, according to new statistics...
View ArticleDisappointing earnings slow stocks
NEW YORK – A batch of negative company news gave investors something to fret over Thursday.A day after eking out its first record high of 2014, the stock market lost ground Thursday, as electronics...
View ArticleOn the Record / Jan. 17, 2014
Hires/Promotions/Honors Read to Succeed Buffalo promoted Lisa McCue to director of operations. McCue, who has been with the organization since 2008, previously served as operations manager. She also...
View ArticleManufacturing center finds home on Buffalo Niagara Medical Campus
The former SmartPill headquarters building on Main Street will be the temporary home for the Advanced Manufacturing Institute that is part of the state’s Buffalo Billion initiative.The institute is...
View ArticleTime Warner due for Feb. 3 move-in at former hospital site
Time Warner Cable’s new service center should be ready to move into the former Sheehan Memorial Hospital by Feb. 3, now that the exterior work is complete and the interior construction on its space is...
View ArticleSheridan Plaza purchased for $5 million
A Rochester-based family-owned commercial real estate developer has purchased the Sheridan Plaza in the Town of Tonawanda from the Cleveland-based real estate investment trust that had bought it 10...
View ArticleWegmans ranked 12th best place to work
For the first time in several years, Wegmans has been knocked out of the top five in Fortune magazine’s “Best Companies to Work For” ranking.The Rochester-based company landed in 12th place this year...
View ArticleMattar gets tax breaks for ‘veterans advocacy’ offices
Local personal injury attorney William Mattar is getting nearly $550,000 in tax breaks for a $4 million expansion project next door to the firm’s current office on Main Street.The Amherst Industrial...
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Sports dome roof with Amherst link to be deflated
Amherst's Birdair was dispatched to Minneapolis to rebuild the Metrodome's roof after its collapse in 2010. (Associated Press file photo) With the Metrodome roof set to be deflated Saturday with the...
View ArticleEvans expands ATM network, finishes office relocations
Evans Bancorp has expanded its ATM network around the state, and, separately, finished relocating employees after consolidating some of its locations.Hamburg-based Evans, the parent company of Evans...
View ArticleGear Motions acquires Niagara Gear
Gear Motions has acquired Niagara Gear Corp. in the Town of Tonawanda, adding to its family of companies.The sale price was not disclosed. Syracuse-based Gear Motions also owns Oliver Gear and...
View ArticleOn the Record / Jan. 18, 2014
Hires/Promotions/Honors Dopkins & Company Certified Public Accountants and Consultants’ general services auditor, Zachary McArdle, successfully passed all parts of the CPA exam. Also, McArdle was...
View ArticleAmherst adopts guidelines for senior housing tax breaks
The Amherst Industrial Development Agency adopted new guidelines for senior housing projects after its moratorium on tax breaks for those developments expired.The new guidelines, adopted Friday,...
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