Updated: 11/24/09 3:23 PM
The new owners of a sports uniform factory in Perry are scrambling to find work for the
American Classic Outfitters facility and its 100 employees after receiving word that the
plant's only customer is canceling its contract for professional sports jerseys and
off-shoring its production.
Reports on consumer confidence, GDP tug at stocks
Updated: 11/24/09 3:48 PM
Stocks drifted below 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped some of the market's optimism.
UB 2020 remains crown jewel of the region's economic agenda
Updated: 11/23/09 10:42 PM
Business and political leaders in the Buffalo Niagara region are sticking with the
University at Buffalo's ambitious UB 2020 plan as their top economic-development
priority.
Financial Markets
24 Hour Business
Updated 11/24/09 04:00:40 PM
- Top 2 booksellers report losses, their shares fall
- Saks extends maturity date on revolving credit
- Bill Kennard leaves NY Times for EU ambassadorship
- Major business events scheduled for Wednesday
- NH hopes out-of-staters will stay and shop
Latest Business News Video
Home sales surge for 2nd straight month
Updated: 11/24/09 7:31 AM
WASHINGTON — Home sales surged for the second month in a row in October, climbing to the highest level in 2z ye 1/2 r 1/3 as first-time buyers rush to take advantage of a tax credit that runs through April.
Debt stress heralds a shopping season rife with reluctance
Updated: 11/24/09 7:07 AM
WASHINGTON — A lot more Americans are feeling stressed-out by debt during this holiday season, raising the glum likelihood that they’ll behave like Scrooge rather than Santa.
Amid lowered prospects, holiday sales start early
Updated: 11/24/09 7:31 AM
ORLANDO, Fla. — For retailers and holiday shoppers alike, this is a season of lowered expectations.
Late-payment rate on credit cards drops as consumers deal with debt
Updated: 11/24/09 7:07 AM
NEW YORK — Consumers got more serious about paying down their credit card debt this summer, a time when delinquencies usually go up.
Truck-Lite workers approved for assistance benefits
Updated: 11/24/09 7:07 AM
Workers at Truck-Lite in Falconer involved in production of vehicular lighting and visibility products have been certified to apply for Trade Adjustment Assistance benefits.
Analyst predicts more auto sales
Updated: 11/24/09 7:07 AM
DETROIT — The U. S. auto industry will recover only a little next year, weighed down by high unemployment and other troubles that will continue to limit economic growth, a top industry analyst said Monday.
Weak dollar, home sales spur stocks
Updated: 11/24/09 7:07 AM
NEW YORK — The stock market ended a three-day losing streak Monday, closing broadly higher as a weaker dollar and upbeat home sales numbers encouraged investors to take on more risk.
Law firms, ex-judge look to aid investors
Updated: 11/24/09 7:07 AM
Personal injury and class-action law firm Siegel, Kelleher & Kahn is teaming up with a former state Supreme Court judge and a Rochester law firm to start a practice focused on investors who lost money in the stock market.
Local Business
- UB 2020 remains crown jewel of the region's economic agenda
- Law firms, ex-judge look to aid investors
- On the Record / November 24, 2009
- Analyst predicts more auto sales
MoneySmart
- Smart investing in the Food Bank: Get the most from your giving
- Discount Diva: Early birds would call it ‘Fun Friday’
- Thankful in the midst of hardship
Real Estate and Development
- Weak dollar, home sales spur stocks
- Home sales surge for 2nd straight month
- Erie County Real Estate Transactions
- Niagara County Real Estate Transactions
Manufacturing, Transportation, Labor
- Analyst predicts more auto sales
- GM asks EU nations for restructuring aid
- GM suing supplier of steering systems
- Removing console may be ‘a snap’
Finance, Investments, Insurance
- UB 2020 remains crown jewel of the region's economic agenda
- Weak dollar, home sales spur stocks
- Law firms, ex-judge look to aid investors
- Truck-Lite workers approved for assistance benefits
Personal Finance
- Late-payment rate on credit cards drops as consumers deal with debt
- Debt stress heralds a shopping season rife with reluctance
- Keep an eye on the calendar before making stock moves
- A schedule to prepare for your retirement
Help with your 2008 taxes
- Last-minute tax help offered at several sites
- Consumers quiz accountants on tax questions
- News to host tax-help hotline
- State tax boss says refunds are no later than usual
Retail
- Analyst predicts more auto sales
- Debt stress heralds a shopping season rife with reluctance
- Amid lowered prospects, holiday sales start early
- 1st quarter profits rise 17% at Campbell Soup
Technology and Science
- Motorola Cliq is snappy smart phone
- Clicker.com aims to be Internet video usher
- Twitter to scrap user list
- Nintendo DS meant for groups
Columns
Local firms are ready for an improved economy
The recession might be over, but you won’t find many local executives singing “Happy Days Are Here Again.”
More Columns
David Robinson
- IDA reform may spell trouble for local firms
- Region has the brains to build upon
- New Era sets its sights on the world, and the Series
- Hosting data might be the region’s calling
Discount Diva
- Discount Diva: Early birds would call it ‘Fun Friday’
- Discount Diva: Navigating VA pension paperwork
- Discount Diva: Can’t match consumers for viral buzz
- Clippers get help from Web sites



