The Buffalo News : Business Today

Tuesday, November 10, 2009

Web Search powered by YAHOO! SEARCH
subscribe now

Buffalo State project clears key hurdle

Updated: 11/09/09 11:46 PM
A $50 million project to house students at Buffalo State College cleared a key hurdle Monday when the Erie County Industrial Development Agency took steps that will make it possible to help pay for the construction with tax-exempt bond financing.

Stocks hold gains as the dollar's slide eases

Updated: 11/10/09 10:26 AM
Investors cooled their buying of stocks and commodities, pausing from a surge that's carried major stock indexes to their highest levels in more than a year.

Industrial renovation could get nearly $9 million in tax credits

Updated: 11/10/09 7:20 AM
A project to convert a vacant industrial building in the Cobblestone District into offices, apartments and restaurants stands to receive nearly $9 million in federal tax credits under a program to stimulate investment in depressed neighborhoods.

Financial Markets

24 Hour Business

Updated 11/10/09 10:47:22 AM

more >>

Press Releases

Public relations releases from Business Wire

Latest Business News Video

Tight supplies tell toy story of shortages

NEW YORK — Robotic toy hamsters, the latest Barbie dolls and stylish boots are disappearing from store shelves as holiday shoppers start to get serious. But don’t confuse this with the days of Tickle Me Elmo.

Dow hits 13-month high as the dollar slips

NEW YORK — U. S. stocks extended a global rally, sending the Dow Jones industrial average to a 13-month high, and the dollar slid after the Group of 20 nations agreed to maintain economic-stimulus efforts. Commodities climbed, with gold reaching a record above $1,100 an ounce.

Sales tax revenue down from ’08

“Cash for Clunkers” bolstered sales tax collections from auto dealerships around the state in the third quarter, but sales tax revenues generated by all sources are still down this year, the state Office of the Comptroller said.

Plant honored for ‘green’ initiatives

Cameron Compression Systems has been stepping up its “green” efforts at its Cheektowaga plant, but the impact is also showing up in its customers’ operations.

Pfizer closes six research sites, cuts 2,000 jobs after buying Wyeth

Updated: 11/10/09 7:02 AM
TRENTON, N. J.—Less than a month after buying Wyeth, drug giant Pfizer Inc. has mapped out a new structure for its research and development operations.

Rejection of Kraft bid for Cadbury sets stage for long takeover battle

Updated: 11/10/09 7:02 AM
NEW YORK — Kraft Foods has gone hostile in its bid to buy Cadbury but didn’t sweeten its first bid, drawing an immediate rejection from the British candymaker in what is likely to be a lengthy takeover struggle.

Erie County IDA adds $500,000 to minority business loan program

Updated: 11/10/09 7:02 AM
The Erie County Industrial Development Agency is expanding its program that offers low-interest loans to minority-owned businesses.

Google faces Friday deadline

Updated: 11/10/09 7:02 AM
NEW YORK (AP) — Google has until Friday to come up with a new proposal that would give it the digital rights to millions of out-of-print books.

more stories >>

Local Business

more >

MoneySmart

more >

Real Estate and Development

more >

Manufacturing, Transportation, Labor

more >

Finance, Investments, Insurance

more >

Personal Finance

more >

Help with your 2008 taxes

more >

Retail

more >

Technology and Science

more >

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

more >

Discount Diva

more >

Buffalo News Blogs

more >>