Lake Shore hospital has enough money to stay open into next month
The financially troubled Lake Shore Health Care Center in Irving will have access to enough money to stay open at least through Feb. 3 while a prospective ownership group conducts its due diligence...
View ArticleFor Buffalo digital-effects firm, a new Charlie the Tuna is easy as IBC
A Buffalo digital-effects company has helped get Charlie the Tuna ready for his close-up in a new TV commercial.IBC Digital, which is known for its computer-generated animation work on behalf of major...
View ArticleCleveland BioLabs rebuffed by federal agency for funding
Cleveland BioLabs, in a huge blow to its drug development efforts, said today a key federal agency has ended negotiations to provide the funding the Buffalo company needs to carry out final tests and...
View ArticleColumbus McKinnon’s earnings sag, but order backlog grows
Columbus McKinnon’s third-quarter profits tumbled by 30 percent, falling short of analyst forecasts, as the Amherst material handling equipment maker’s sales dipped by 5 percent.Columbus McKinnon...
View ArticlePrivate sector job growth continues in Buffalo Niagara region
Hiring slowed a bit during December in the Buffalo Niagara region, which still finished 2013 with the second-strongest job gains since the Great Recession.The region added jobs at an annual pace of...
View ArticleOn the Record / Jan. 24, 2014
Hires/Promotions/Honors The Nature Conservancy’s Central & Western New York Chapter named Andrew Wheatcraft critical lands director. Wheatcraft was educational facilities planner for Rochester...
View ArticleTruck-Lite aglow over headlamp deal with Navistar
Falconer-based Truck-Lite has made inroads with another big truck manufacturer that could boost its production.Illinois-based Navistar has decided to make Truck-Lite’s custom LED, or light-emitting...
View ArticleUpstate New York takes lead in insured citizens
Not only do Western New York and upstate New York have lower uninsured rates than the state, and nation, as a whole, but the rate is lower today than the goal set for the country 10 years from now.If...
View ArticleDinosaur Bar-B-Que hopes to open Buffalo location Feb. 12
Dinosaur Bar-B-Que lovers finally know the date: Feb. 12.That’s when the nationally acclaimed, Syracuse-based restaurant chain aims to open its first Buffalo location at 301 Franklin St., south of...
View ArticleCleveland BioLabs given a jolt
Cleveland BioLabs, in a huge blow to its drug-development efforts, said Thursday that a key federal agency has ended negotiations to provide the funding the Buffalo company needs to carry out final...
View ArticleSales of existing homes in 2013 hit 7-year high despite slowdown
WASHINGTON – Sales of existing U.S. homes edged up slightly in December, helping to lift sales for the year to the highest level in seven years.Sales increased to an annual rate of 4.87 million units...
View ArticleNatural gas locomotives on the horizon
OMAHA, Neb. – The diesel-burning locomotive, the workhorse of American railroads since World War II, will soon begin burning natural gas – a potentially historic shift that could cut fuel costs,...
View ArticleConcerns about Chinese economy send U.S. stocks downward on broad scale
NEW YORK – U.S. stocks fell broadly Thursday after a report from China added to growing signs that the world’s second-largest economy is slowing. The selling spared few companies, even those reporting...
View ArticleWilliamsville inventor touts new type of wind turbine
LOCKPORT – A Williamsville engineer, who said he’s invented a new type of wind turbine that beats the usual three-blade windmill in every way, tried to drum up interest from the City of Lockport’s...
View ArticleDash’s keeping Hertel site open along with new store
Dash’s Market will keep its Hertel Avenue location open even as it opens a giant new location in the former Budwey’s store less than a mile and a half away on Kenmore Avenue.“Our plan right now is to...
View ArticleWrite-downs cut into Moog’s profits and prompt a cut in its earnings...
Big write-downs stemming from a debt refinancing and an investment in its industrial systems business led to a 6 percent drop in Moog Inc.’s profits during the final three months of last year,...
View ArticleUB students win fellowships following business boot camp
Six University at Buffalo students Friday were awarded fellowships providing seed money, incubator space and business advice to help the young entrepreneurs get their startup companies off the...
View ArticleOn the Record / Jan. 24, 2014
Hires/Promotions/Honors First Niagara Financial Group named Rocco Diina and Stephen Pezzino top mortgage producers in units and dollars for the entire organization across its Northeast footprint...
View ArticleSam’s Club cutting 2,300, many middle managers NEW YORK (AP) – Walmart Stores Inc. is eliminating 2,300 workers at its Sam’s Club division as it reduces the ranks of middle managers in a bid to be...
View ArticleBitstrips amuses, annoys as its comics go viral
SAN FRANCISCO — Bitstrips may seem like a sudden sensation now that the app maker’s comic vignettes are all over Facebook and other social networks. But the Toronto startup’s success was a drawn-out...
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