The Buffalo News : Business Today

Friday, July 10, 2009

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How a denial-of-service attack works

Updated: 07/09/09 12:19 PM
Investigators are piecing together details about one of the most aggressive computer attacks in recent memory—a powerful “denial-of-service” assault that overwhelmed computers at U. S. and South Korean government agencies, companies and institutions, in some cases for days.

Google escalates duel with Microsoft

Updated: 07/09/09 7:00 AM
SUN VALLEY, Idaho—Google Inc. is hoping to gain greater control over how personal computers work by developing a free operating system that will attack Microsoft Corp.’s golden goose — its long-dominant Windows franchise.

Insurance Department mulls more oversight

Updated: 07/09/09 7:51 AM
New York State insurance regulators are planning a series of four hearings, including one in Buffalo, to examine whether further oversight or regulation is needed over the sale of life insurance and annuity contracts.

Financial Markets

24 Hour Business

Updated 07/10/09 02:03:16 AM

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Wilson, now under investigation, had tried to buy Buffalo buildings

The 22-year-old Cleveland investor who plunked down $6.3 million for two Hamburg mansions last year, and is now under federal investigation for possible fraud, also tried to buy at least one prominent downtown Buffalo office building, real estate sources said Wednesday.

Steuben Foods takes ownership of Elma plant, envisions more jobs

For nearly a decade, a massive plant in Elma that Western Electric had started in the 1970s but never finished sat idle on Maple Road.

Area’s consumer confidence falls

Consumers in the Buffalo Niagara region can’t shake their gloomy outlook.

Anxiety over economy weighs on stocks

NEW YORK — Investors can’t shake their worries that the economy won’t recover by the end of the year.

Dunkin’ Donuts franchisee dips into bankruptcy

Updated: 07/08/09 7:34 AM
The largest local franchisee for Dunkin’ Donuts has filed for Chapter 11 bankruptcy, and will close four area stores and a baking facility as it restructures.

Gillibrand seeks aid for manufacturers

Updated: 07/08/09 7:34 AM
Congress should promptly pass legislation to help struggling New York manufacturers afford health insurance for their workers, open and expand new markets, and switch to cleaner energy production, U. S. Sen. Kirsten Gillibrand said Tuesday.

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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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David Robinson

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Discount Diva

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