The Buffalo News : Business Today

Wednesday, December 3, 2008

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Upstate needs big projects, Wilmers says


Upstate and Western New York need “some large projects to change the dynamics” of the region and revitalize the economy — but the state’s fiscal crisis means it must rely on the federal government for help, Robert Wilmers said Tuesday evening.

(Updated: 12/03/08 2:46 PM )

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Region’s factories feel slump


The recession is taking root among Buffalo Niagara’s manufacturers.

(Updated: 12/03/08 7:30 AM )

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Plans unveiled for ‘Elk St. Corridor’ development

A more than 300-acre swath of mostly industrial properties in South Buffalo is being targeted for remediation and redevelopment.

(Updated: 12/03/08 7:30 AM )

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Area retailers pleased with Black Friday sales

Buffalo Niagara retailers are taking a cautious breath after one of the most anxiously anticipated Black Friday shopping weekends in recent memory.

 (Updated: 12/03/08 7:31 AM )
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Airlines outline plans to cut capacity in 2009

NEW YORK — Executives of major U. S. airlines, seeing signs of slumping travel demand, said Tuesday they were ready to cut more flights as they jockey to survive the deepening recession.

 (Updated: 12/03/08 7:01 AM )
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Dow zigs and zags, finally rebounds 270

NEW YORK — In a session that showed more indecision than conviction, the stock market rebounded Tuesday from the previous day’s massive decline. The Dow Jones industrials rose 270 points after fluctuating sharply, and all the major indexes rose more than 3 percent.

 (Updated: 12/03/08 7:01 AM )
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David Robinson

As recessions go, this one hasn’t been too hard on the Buffalo Niagara region.

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