From Business Today:
Despite bad news for many Yahoo employees, there is good news for the company's East Coast data center here. Yahoo is laying off 14 percent of its workforce, amounting to about 2,000 workers who will be out of jobs. It's the sixth mass layoff in the past four years. But company officials said they will actually be adding workers to its Lockport location, according to State Sen. George D. Maziarz, who said he spoke with the company. Yahoo has not yet disclosed how many jobs might be added.
Shares at Cleveland BioLabs sank dramatically Wednesday after news hit that the company's anti-radiation sickness drug wouldn't be getting funding from the Biomedical Advanced Research and Development Authority. Share value dropped by 23.85 percent, or 57 cents, to $1.82 per share. The company said it will continue to develop its Protectan 502 drug, will look for new sources of funding and will resubmit an application to the Department of Health and Human Services agency.
GreenFields Continuing Care Community in Lancaster is proceeding with plans to add a new wing for patients with dementia and other memory problems. If the Lancaster Town Board approves site plans at its April 16 meeting, construction at the facility could begin as early as next month. In its first phase of construction, Niagara Lutheran Health System will build four, L-shaped buildings, around a central courtyard, which would hold private apartments for 12 to 15 residents, along with common kitchen areas and living rooms.
Who is getting hired, promoted and honored?
Wouldn't it be great if the Beatles had written a jingle for Greenfields? It might sound something like this: