JetBlue running sale
NEW YORK (AP)—JetBlue is running a one-day sale on international and domestic flights with fares between $29 and $129 each way. (Updated: 11/20/09 6:50 AM )
On the Record / November 19, 2009
Hires/Promotions/ Honors (Updated: 11/19/09 7:07 AM )
Canadian firm expands to WNY
Advanced Presentation Products, a logistics and distribution company based near Toronto, is opening a location in the Town of Wheatfield, Buffalo Niagara Enterprise said. (Updated: 11/19/09 7:07 AM )
Independent Health ranks well
U. S. News & World Report has released its annual rankings of health insurance plans, including the three major insurers in Western New York. (Updated: 11/19/09 7:07 AM )
Recovery feels drag from dip in housing
WASHINGTON The budding economic recovery isn’t getting much help from the homebuilding industry, which normally creates jobs and drives growth when a recession ends. (Updated: 11/19/09 7:07 AM )
Termini bid disrupts Buffalo Place board
Tensions erupted over the downtown Buffalo commercial real estate market Wednesday, as several developers complained bitterly about some projects seeking government assistance while others struggle to fill excess office space. (Updated: 11/19/09 9:06 AM )
AmEx buys payment service
BOSTON (AP)—American Express Co. is buying Revolution Money for about $300 million to keep up with trends in electronic payments, where new security features and online transaction options are shaking up traditional models. (Updated: 11/19/09 7:07 AM )
Former Spencerport IGA will become Tops Market
Tops Friendly Markets is renovating a former IGA supermarket in Spencerport into a new Tops store, marking the first new store to open since the Amherst-based chain was bought from Dutch food giant Royal Ahold. (Updated: 11/19/09 7:07 AM )
Three city housing projects are given favorable reviews
Projects that would create new housing in the downtown business district, the Peace Bridge neighborhood and South Buffalo received favorable reviews from the Buffalo Planning Board on Tuesday, but further approvals are needed. (Updated: 11/18/09 7:28 AM )
On the Record / November 18, 2009
Hires/Promotions/ Honors (Updated: 11/18/09 7:28 AM )
IDAs seek revised incentive policy
Business projects that make an exceptional impact on the region’s economy would receive a higher level of financial incentives from any one of Erie County’s six industrial development agencies, under policy changes proposed by those agencies. (Updated: 11/18/09 7:28 AM )
Brush to acquire Academy
Brush Engineered Materials announced Tuesday that the company, through its wholly owned subsidiary, Buffalo-based Williams Advanced Materials has entered into an agreement to acquire a New Mexico precious metals company, Academy Corp. (Updated: 11/18/09 7:28 AM )
New ads on AirTran planes
ATLANTA (AP)—It soon will be harder to avoid advertising if you fly on one major carrier. (Updated: 11/18/09 7:28 AM )
Circulation offices raided
NEW YORK (AP)—Investigators in New York City raided circulation offices at some of the nation’s largest newspapers Tuesday as part of a union corruption probe, officials said. (Updated: 11/18/09 7:28 AM )
Developers in a snit over AM&A's plan
Downtown real estate developers are objecting to an effort by Rocco R. Termini to get a
low-interest state loan to redevelop the dormant AM&A's building on Main Street in Buffalo
into a hotel, residences and offices. (Updated: 11/17/09 11:26 PM )
GM 3rd-quarter loss drops to $1.2 billion
DETROIT — General Motors, its river of red ink stemmed by a trip through bankruptcy
court, reported a narrower quarterly loss and said it would start repaying billions of dollars
in government loans that helped keep it alive. (Updated: 11/16/09 11:40 PM )
Rebound in auto sales sparks jump in retail sales for October
WASHINGTON — Retail sales rose more than expected in October due largely to a big rebound in auto sales. But broader consumer spending remains under pressure, raising questions about the durability of the recovery. (Updated: 11/17/09 6:48 AM )
On the Record / November 17, 2009
Hires/Promotions/ Honors (Updated: 11/17/09 6:48 AM )
Columbus McKinnon sells lift unit
Amherst-based Columbus McKinnon Corp. has sold its American Lifts business to Autoquip Corp. for $2.4 million. (Updated: 11/17/09 6:48 AM )
Fed backs new rules on gift card abuses
WASHINGTON — The Federal Reserve on Monday proposed new rules to protect consumers from unexpected costs or restrictions on gift cards. (Updated: 11/17/09 6:48 AM )
Berkshire shifts stakes in oil firms, Walmart
OMAHA, Nebraska — Billionaire Warren Buffett’s company bought a nearly $60 million stake in Exxon Mobil Corp., trimmed holdings in oil rival ConocoPhillips and nearly doubled its stake in Walmart Stores during the latest quarter. (Updated: 11/17/09 6:48 AM )
Blockbuster closing two stores
Blockbuster Inc. is closing two local stores as part of a plan to reduce its number of locations by about 20 percent. (Updated: 11/17/09 6:48 AM )
Northwest Savings receives approval for stock offering
The proposed parent of Northwest Savings Bank said it has received “conditional regulatory approval” to proceed with its second-step conversion to a fully publicly traded company through a stock offering. (Updated: 11/17/09 6:48 AM )
OSHA fines contractor $88,200 in UB case
A Victor-based electrical contractor is facing $88,200 in proposed fines from the Occupational Health and Safety Administration stemming from a May 18 incident on the University at Buffalo’s North Campus in which an employee was burned. (Updated: 11/17/09 6:48 AM )
Erie County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending Oct. 2. (Updated: 11/16/09 7:07 AM )
Niagara County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk’s office for the week ending Oct. 2. (Updated: 11/16/09 7:07 AM )
‘Peacock network’ no more
NEW YORK—Eight decades after pioneering the concept of broadcasting, NBC is on the verge of a startling move that illustrates network television’s decline. (Updated: 11/16/09 7:46 AM )
Continental's long good-bye in Elma
The bad news for Continental Automotive Systems' Elma plant came in November 2006. (Updated: 11/16/09 12:23 PM )
GE to boost efforts on providing clean water
General Electric Co., the world’s biggest provider of energy equipment and services, will boost research spending to grab more of an estimated $5 billion market to filter and recondition water for utilities and governments. (Updated: 11/16/09 7:07 AM )
Yuan’s rise is delicate issue for Obama
WASHINGTON — In his visit to Beijing this week, President Obama is expected to tread lightly when pressing China to let its currency rise against the dollar. (Updated: 11/16/09 7:46 AM )