The Buffalo News : Business Today

Saturday, November 7, 2009

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Obama signs law benefiting unemployed and home buyers

Updated: 11/07/09 12:00 AM
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.

Greatbatch posts third-quarter loss after $34.5 million lawsuit verdict

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.

$200 million assurance keeps Delaware North in casino race

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.

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Updated 11/07/09 09:27:18 PM

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State agency’s grants will help WNY groups rehabilitate 71 houses

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.

Walmart escalates online price war with DVD deals

NEW YORK—First it was books. Now it’s DVDs.

Profits decline by 38% at NFG

Tumbling oil and natural gas prices took a toll on National Fuel Gas Co.’s fourth-quarter profits.

Taylor sees recovery under way

Douglas P. Taylor doesn’t see much to smile about in the U. S. economy, but he still thinks the recovery is under way at Taylor Devices, the North Tonawanda maker of giant shock absorbers.

Robinson increases jobs, sales after Oneida licensing deal

Updated: 11/06/09 10:25 AM
Robinson Home Products is going through a growth spurt in Cheektowaga, thanks to its licensing agreement with Oneida Ltd.

Stocks post modest gains as job losses slow

Updated: 11/06/09 6:15 PM
Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday.

Moog’s profits slump by more than half

Updated: 11/06/09 7:26 AM
Robert T. Brady is hoping the worst is over for Moog Inc.

Gains dim hopes for hiring of jobless

Updated: 11/06/09 7:25 AM
WASHINGTON — Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon.

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Help with your 2008 taxes

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Columns

New Era sets its sights on the world, and the Series

Chris Koch’s week got off to a great start last Sunday, when the New York Yankees clinched a spot in the World Series.

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David Robinson

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Discount Diva

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