Wilmers’ pay at M&T Bank rose 9% in 2013 to reach $3.7 million
Robert G. Wilmers, chairman and CEO of M&T Bank Corp. saw his total compensation increase by 9 percent in 2013 amid another year of growth for the Buffalo-based bank.His total compensation was...
View ArticleCheektowaga senior housing community sold; management to stay in place
A Cheektowaga senior housing community that was owned by a Central New York company has been acquired by a publicly traded New York City-based real estate investment trust for $12.5 million, but it...
View ArticleBuffalo Niagara resumes slow job growth, after a dismal December
The Buffalo Niagara job market started growing again during January after slowing to a standstill in December.The region added jobs at a 0.7 percent annual pace in January, resuming the modest job...
View ArticleMicrosoft hosting party for game launch Monday night
A much-anticipated video game release will have fans lining up at Walden Galleria in Cheektowaga for a midnight release party Monday. (An item in the paper edition of The Buffalo News incorrectly...
View ArticleHome Furniture Gallery closing
Home Furniture Gallery, started by three family members formerly involved in the now defunct Rosa’s Home Stores chain, is going out of business.The chain recently announced it would close its Town of...
View ArticleWhich type of IRA is best for you?
Think of the last time you bought something that made you very happy.Maybe a car, a new pair of shoes, the snowblower that kept you from having a heart attack this winter. Whatever the item, it gave...
View ArticleWays to ease chill of winter on your car’s mileage
Cold weather can reduce your fuel economy drastically, but there are ways to mitigate the impact.A cold engine, driveline and battery pack have more friction, use more fuel and reduce the efficiency...
View Article13 tax-free zones tied to UB get state OK
The state has approved 13 tax-free zones tied to the University at Buffalo where businesses that locate new jobs could pay no state or local taxes for 10 years through the Start-Up NY initiative,...
View ArticleUkraine tensions muddle U.S. stocks
NEW YORK – One positive report on the economy was not enough to make investors more confident.The stock market ended mixed Friday after a day of muddled trading. Among the three main U.S. stock...
View ArticleU.S. trade deficit rose to $39.1 billion in January
WASHINGTON – The U.S. trade deficit widened slightly in January as a rise in imports of oil and other foreign goods offset a solid increase in exports.The trade deficit increased to $39.1 billion, up...
View ArticleReputed creator of bitcoin firmly denies its his
LOS ANGELES – Dorian Prentice Satoshi Nakamoto said Thursday that he is not the creator of bitcoin, adding further mystery to the story of how the world’s most popular digital currency came to be.The...
View ArticleClarence-based cigarette maker moving to another stock exchange
22nd Century Group, the Clarence-based cigarette maker, is moving its stock to the New York Stock Exchange MKT for small company shares.The company, whose shares trade on the OTC Bulletin Board, is...
View ArticleCab drivers upset by ridesharing
DENVER – Frustrated and angry, more than 100 cabbies pulled up outside the Colorado Statehouse early this legislative session to protest tech startups known as ridesharing services.The taxi drivers...
View ArticleOn the Record / March 8, 2014
Hires/Promotions/Honors Arts Services Initiative of Western New York named Randall Kramer president of its board of directors for a one-year term. Kramer is the artistic and executive director of...
View ArticleBids sought to operate Market Arcade theater
The City of Buffalo is putting the operation of the Market Arcade Film & Arts Centre complex in downtown Buffalo out for bid, seeking to privatize the eight-screen theater while maintaining some...
View ArticleBids sought to operate Market Arcade theater
The City of Buffalo is putting the operation of the Market Arcade Film & Arts Centre complex in downtown Buffalo out for bid, seeking to privatize the eight-screen theater while maintaining some...
View ArticleMuseum owner plans old-time train ride for downtown Buffalo
If canals, hockey and museums aren’t enough, James Sandoro wants to bring a new tourist attraction to downtown Buffalo: an old-time train ride powered by a Pierce-Arrow bus that would connect...
View ArticleHome Furniture Gallery closing both sites
Home Furniture Gallery, a furnishings retailer opened in two former Rosa’s Home Stores locations by members of the Rosa family, is going out of business.The company recently announced it would close...
View ArticleFamily Video stores to add Marco’s Pizza shops
Your pizza delivery guy may soon arrive bearing DVDs and Blu-Rays.Family Video, a video rental chain based in Illinois, has announced plans to add pizzerias to select locations in Western New York.In...
View ArticleLong winter has been hard on power providers, customers
While National Grid USA and National Fuel Gas Corp. get most of the attention in Western New York when it comes to gas and electricity, they aren’t the only large utilities serving the region.New York...
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