The Buffalo News : Business Today

Sunday, July 5, 2009

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Local focus makes for a full house at resurgent Eastern Hills Mall

A big part of the soundtrack for the recession has been the clanging shut of retail doors, with the growing list of national merchants filing for bankruptcy leaving retail centers struggling to retain occupancy. (Updated: 07/05/09 7:52 AM )

Big rebound puts some spring back in local stocks

After two devastating quarters as the stock market tanked, the Buffalo Portfolio of locally based stocks really needed a big shot in the arm. (Updated: 07/05/09 7:53 AM )

Another ‘jobless recovery’ expected

WASHINGTON — Even as the nation’s economy begins clawing its way out of the worst recession in 60 years, there are growing signs that this recovery could come with an unsettling twist: The wheels of commerce may begin to turn again without any substantial boost in jobs. (Updated: 07/05/09 7:53 AM )

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Updated 07/05/09 10:17:27 PM

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Power costs cloud outlook for coal plant

It’s nothing unusual for environmentalists to square off against a new power plant project. (Updated: 07/05/09 7:20 AM )

A rebirth for Parish Commons

When fire tore through the Parish Commons office complex in the Elmwood Village in November 2007, Dr. Michael D. Calabrese was devastated. (Updated: 07/04/09 8:16 AM )

GM awaits judge’s ruling on sale plan

NEW YORK — General Motors Corp. may have to wait out the long holiday weekend to learn if its bankruptcy plan is moving forward, after U. S. Judge Robert Gerber adjourned a three-day hearing without indicating when he will rule on GM’s plan to sell its good assets to a new company. (Updated: 07/04/09 6:50 AM )

Chrysler products struggling in showrooms

DETROIT — The latest numbers on auto sales show that Chrysler needs to quickly figure out how to navigate the car market as deftly as it did bankruptcy court. (Updated: 07/04/09 7:12 AM )

Older job seekers struggle to overcome age barrier

WASHINGTON — Like many unemployed older workers, 64-year old Allan Kellum fears his age has made it harder to find a new job. At a recent job fair, Kellum expressed interest in a supervisory role coordinating an international health assistance program. A recruiter set him straight: “The people applying for that are young.” (Updated: 07/04/09 7:14 AM )

RM Headlee plans move to bigger property

Orchard Park distributor RM Headlee is moving to a larger facility further up California Road, buying a foreclosed property previously occupied by a direct- mail producer while turning its own former building over to a medical services neighbor. (Updated: 07/04/09 6:50 AM )

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Columns

Singletary: Parental control on credit cards

Parents should be particularly elated about one section of the recently adopted credit card law that could keep young people out of debt. The Credit Card Accountability, Responsibility and Disclosure Act prohibits credit card issuers from extending credit to a person under 21 unless one of two conditions is met.

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