The Buffalo News : Business Today

Friday, November 21, 2008

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Business & Finance

David Robinson: WNY needs auto sector to get fixed
BUFFALO’S BUSINESS

Updated: 11/16/08 8:32 AM

As recessions go, this one hasn’t been too hard on the Buffalo Niagara region.
Business people / Hires, Promotions & Honors

Updated: 11/16/08 5:29 AM

The Cantalician Center for Learning, an educational, rehabilitative and occupational agency for the developmentally and physically disabled, named Terese M. Scofidio executive director. Scofidio, who holds bachelor’s and MBA degrees from the University at Buffalo, served as chief administrative officer of Summit Educational Resources in Getzville for 10 years. Prior to that, she served as chief fiscal officer for the Veterans Administration’s Western New York Healthcare System.
Business calendar

Updated: 11/16/08 5:29 AM

The Business Calendar runs each Sunday in the Business section. Notices of meetings, seminars and workshops of interest to the area business community should be sent to the Business News Desk of The Buffalo News, P. O. Box 100, Buffalo, N. Y. 14240, by the preceding Thursday, faxed to 849-4587, or e-mailed to fin@buffnews.com . Monday
Executive trading

Updated: 11/16/08 5:29 AM

Here are the week’s reports of trading in the stocks of local companies or in the companies that have significant local operations, by directors and executives of the companies:
Investors’ sense of panic is subsiding
ASSOCIATED PRESS

Updated: 11/16/08 5:29 AM

During the darkest days of the stock market’s slide last month, Jack Bass withdrew stock from his retirement accounts and literally felt sickened by what was happening.
Crisis has people talking about money
ASSOCIATED PRESS

Updated: 11/16/08 5:29 AM

The economic crisis has some people coming out of the closet about their financial troubles, commiserating about declining 401(k) balances, mounting credit card debt and a stalled housing market.
Obama has new ideas on retirements

Updated: 11/16/08 5:29 AM

Q:What are some of the ideas President-elect Barack Obama has proposed that could impact my retirement planning?
Berkshire buys oil shares

Updated: 11/16/08 5:28 AM

OMAHA, Neb. (AP) — Billionaire investor Warren Buffett’s company picked up roughly 66 million shares of ConocoPhillips stock between March and September to boost its stake to nearly 6 percent of the oil company’s stock.
Four insurers seek aid

Updated: 11/16/08 5:28 AM

WASHINGTON (AP) — Four insurance companies on Friday asked the government to allow them to buy thrifts so they can qualify to receive federal money under the financial rescue program.
FedEx to hike rates 5.9%

Updated: 11/16/08 5:28 AM

MEMPHIS, Tenn. (AP) — FedEx Corp. said Friday it will raise rates for its ground and home delivery services by an average of 5.9 percent beginning on Jan. 5.
First steps to get mortgage help

Updated: 11/16/08 5:28 AM

Here’s what to do if you’re in trouble on your mortgage:
Citi hiking some card rates

Updated: 11/16/08 5:28 AM

NEW YORK (AP) — Citigroup Inc. said Friday it is raising rates for some of its U. S. credit card customers after losses in its global card division skyrocketed.
French pilots on strike

Updated: 11/16/08 5:28 AM

PARIS (AP) — Air France pilots vote to continue their strike despite government concessions on plans to push back their retirement age.
Slowly, mortgage help comes
News Business Reporter

Updated: 11/16/08 7:25 AM

As federal agencies and the mortgage industry announced new initiatives last week to speed help for struggling borrowers, three of the area’s biggest lenders say the new efforts won’t change what they do because they’ve already been proactive.
Are exchange traded funds the future of investing?

Updated: 11/16/08 7:09 AM

Larry Carrel is a big fan of exchange traded funds.


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