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Business - The Buffalo News
Benderson sale follows failed mixed-use plan.
WASHINGTON(AP)—A new government study released Tuesday says that allowing Bush-era tax cuts to expire and a scheduled round of automatic spending cuts to take effect would probably throw the economy into a recession.
ALBANY (AP)—New York Attorney General Eric Schneiderman says three retail chains have agreed to ensure that people with disabilities have equal access to the merchandise, services and amenities in all their stores statewide.
BURBANK, Calif. (AP)—The Walt Disney Co. is kicking off a series of career expos to help returning veterans make the transition to civilian life.
NEW YORK (AP)—One of the nation’s largest pension funds says it will vote its 5.3 million shares against all of Walmart’s board nominees—including the company’s current and former CEOs—at the retailer’s annual meeting next week.
A Getzville technology company has been awarded $149,160 grant to develop an interactive, 3D dissection software, Rep. Kathleen C. Hochul announced Tuesday.
NEW YORK— Best Buy Co. said Tuesday that its fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing a turnaround plan.
A day after First Niagara Financial Group executives touted what they called a smooth conversion of HSBC Bank USA branches, customers were reporting some problems with online banking, overwhelmed staff, missing debt cards or checks, and account mix-ups.
WASHINGTON — Americans are buying more homes in every region of the country, the latest indication that the housing market could be on the mend.
Modest job growth helped push the Buffalo Niagara region’s unemployment rate down to 8.3 percent during April, the state Labor Department said Tuesday.
PARIS — The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned Tuesday, as it called on governments and Europe’s central bank to act quickly to keep the slowdown from dragging down the global economy.
Executives downplay decision, say Clarence operation remains on manufacturer's "growth trajectory."
National Grid is offering to pick up old refrigerators and freezers and recycle them for free. The utility company will pay consumers a bonus of $30 for each extra unit, up to two units.
NEW YORK (AP)—JPMorgan Chase is suspending plans to buy back its own stock, a little over a week after the bank posted a large trading loss.
Eastman Kodak lost a ruling in a two-year legal fight against Apple and Research In Motion over a patent for digital image-preview technology, a decision that may hurt the value of assets Kodak is selling.
MOORESVILLE, N.C. (AP)— Lowe’s Cos.’ first-quarter profit climbed 14 percent as warmer weather helped boost sales earlier in the quarter. But the world’s second-biggest home-improvement company lowered its full-year earnings forecast Monday, saying it’s still cautious because of the weak housing market and other economic conditions.
NEW YORK — Forget Facebook. This is still Apple’s stock market. Apple — the world’s most valuable company — climbed nearly 6 percent Monday, helping propel major U.S. stock indexes to gains after a week of losses. The Standard & Poor’s 500, where Apple accounts for 4 percent of the index, enjoyed its best day in nearly five weeks. The Nasdaq composite index, where Apple accounts for an even heftier 12 percent, notched its biggest gain of the year.
