The recession might be over, but you won’t find many local executives singing “Happy Days Are Here Again.”
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.
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.
WASHINGTON — President Obama signed a $24 billion economic stimulus bill into law
Friday, giving tax incentives to prospective home buyers and additional jobless benefits to
those idled by the business slump.
Updated: 11/07/09 8:39 AM
Greatbatch Inc. lost $20.6 million in the third quarter, as the $34.5 million verdict against the Clarence medical device and battery maker in a lawsuit filed by a competitor wiped out the firm’s weakening operating profits.
Updated: 11/07/09 8:39 AM
ALBANY — Delaware North met a Friday deadline by Gov. David A. Paterson to confirm that it can quickly pay a $200 million upfront franchise fee payment if it were selected among a half-dozen bidders to operate a big new casino at a Queens racetrack.
Updated: 11/07/09 8:39 AM
A New York State agency has approved $754,000 in grants that will go toward rehabilitating 71 houses into homes for low-and moderate-income families in three Western New York counties.
Updated: 11/07/09 8:39 AM
NEW YORK—First it was books. Now it’s DVDs.
