Manufacturing, Transportation, Labor
Holiday airfares are climbing
If holiday travelers on the same plane compare what they paid to fly, they’re likely to find quite a spread, depending on when they bought their tickets. (Updated: 11/08/09 8:24 AM )
Corporate giants sitting on piles of cash
In the summer of 2008, steel giant Nucor decided to raise some cash. It issued new shares of stock and floated some corporate bonds. As financial markets crumbled, the company ignored pleas from some investors and analysts that it buy back shares, which are now selling for about half their peak. (Updated: 11/08/09 8:24 AM )
Moog’s profits slump by more than half
Robert T. Brady is hoping the worst is over for Moog Inc. (Updated: 11/06/09 7:26 AM )
Gains dim hopes for hiring of jobless
WASHINGTON — Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon. (Updated: 11/06/09 7:25 AM )
Worldcolor, Macmillan strike deal
Worldcolor has signed a multiyear agreement with Macmillan to print an estimated 800 million books over the life of the deal. (Updated: 11/05/09 7:24 AM )
Stock soars on Mod-Pac quarterly profits
Mod-Pac Corp.’s stock soared by 61 percent Wednesday after the Buffalo specialty printing company reported its strongest quarterly profits in nearly four years. (Updated: 11/05/09 8:41 AM )
China OKs Disney park
HONG KONG—Walt Disney Co. announced Wednesday that it has received an approval from authorities in China to open its first theme park in mainland China, in the Pudong district of Shanghai. (Updated: 11/05/09 7:24 AM )
GM move raises uncertainty
BERLIN (AP)—General Motors Co.’s decision to scrap the sale of European subsidiary Opel raised new uncertainty Wednesday over the unit’s future, astonishing politicians in Germany and Russia, and prompting workers to plan walkouts in protest. (Updated: 11/05/09 7:24 AM )
Service sector continues growth, but at slower pace
NEW YORK (AP)—The U. S. service sector grew for a second straight month in October, but at a slower pace than in September, as a broad economic recovery creeps along. (Updated: 11/05/09 7:24 AM )
Johnson & Johnson to cut 8,000 jobs
NEW YORK—Johnson & Johnson said Tuesday it will cut as many as 8,000 jobs and streamline its operations to cut costs as it braces for changes in the health care industry. (Updated: 11/04/09 7:15 AM )
Turning research into practicality is focus of Roswell Park workshop
About 100 research scientists and life science industry professionals gathered Tuesday in Roswell Park Cancer Institute to take another step in the quest to help researchers bring medical discoveries out of the academic realm and into real-world application. (Updated: 11/04/09 7:15 AM )
Auto sales show increase in October
DETROIT — After months of roller coasterlike sales, the auto industry offered signs of recovery from its yearlong slump Tuesday, as most automakers reported higher levels of U. S. sales in October. (Updated: 11/04/09 7:15 AM )
After bankruptcy slog, Delphi regains traction
For employees of Delphi’s Lockport manufacturing plant, the last four years were dominated by the company’s bankruptcy case. (Updated: 11/04/09 7:24 AM )
Census takers sought
The United States Census Bureau’s Buffalo office is recruiting census takers to begin temporary jobs working in and around the City of Buffalo to complete the 2010 census. (Updated: 11/04/09 7:15 AM )
GM to keep European Opel
DETROIT (AP)—General Motors Co. says its board of directors has decided to keep its European Opel unit rather than sell a 55 percent stake to Canadian auto partsmaker Magna International. (Updated: 11/04/09 7:15 AM )
