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David Robinson

David Robinson is the deputy business editor for The News, where has worked since graduating from Syracuse University in 1985. A New Hampshire native, he started out in the News' Tonawanda bureau and moved into the business news department in October 1987, exactly a week after the stock market crash.


Computer Task Group's second-quarter profits tumbled by 66 percent as the Buffalo-based information technology company's sales fell by almost 10 percent after one of its big staffing clients cut back. CTG's profits fell to $434,000, or 3 cents per share, from $1.3 million, or 8 cents per share, a year earlier. The earnings were weaker than the 5 cents per share that ana…

A hearing on a proposed rate hike by National Grid that would increase residential delivery charges by 17.5 percent will be held on Aug. 1 at the Central Library. The hearing, conducted by the state Public Service Commission, will be split into two sessions. An afternoon session, with an information session at 2 p.m. and then public comments at 3 p.m., will be followed …

Local health insurance executive Art Wingerter is branching out into economic development. Wingerter, the president of Univera Healthcare, last month was named chairman of Invest Buffalo Niagara, the local economic development and marketing group. Wingerter replaces Randall Clark, the local Dunn Tire executive who has been involved with Invest Buffalo Niagara since i…

Buffalo venture capital firm Rand Capital has invested an additional $3 million in Florida surgical instrument manufacturer Genicon. Rand said it made the investment as part of a $6.6 million round of fundraising that included money from venture firms Advantage Capital and Coastal Enterprises. Rand previously had invested in Genicon, which now is the largest single i…

Buffalo drug development company Athenex Inc. is launching an early-stage clinical trial for an oral form of a drug that potentially could be used as part of a treatment for gastric cancer. The Phase 1b clinical trial of its Oraxol drug, administered in conjunction with another drug, ramucirumab, is underway, with a patient recently receiving the first dose of the drug,…

The Buffalo Niagara region's sluggish job market didn't heat up in June. The region added jobs at a 0.5 percent annual pace – three times slower than the nationwide increase – during June, extending a stretch of tepid hiring that began in March and has continued for four months, the state Labor Department reported Thursday. The job growth was even slower during J…

The exodus continues at SolarCity's California executive suite, just as hiring starts to ramp up at its sprawling solar panel factory in Buffalo. Only eight months after Tesla Inc. acquired SolarCity, all of the rooftop solar installer's highest-ranking executives have either left or plan to leave the electric vehicle-maker, including co-founders Lyndon and Peter Rive. …

Peter Rive, the co-founder of SolarCity and a key figure in the development of its solar roof, is leaving Tesla Inc., eight months after the electric vehicle maker run by his cousin, Elon Musk, acquired the rooftop solar installer. Rive's departure also comes two months after the departure of his brother, Lyndon, another SolarCity co-founder and its former president and…

Panasonic's push to hire the first of what are expected to be as many as 300 workers by the end of the year for its facilities within the Tesla solar panel factory will speed up on Tuesday, when the consumer products giant hosts a job fair in Buffalo. Panasonic, which will make the solar cells and modules that will go into the solar panels and the solar roofing shingles…

Tesla Inc. and its CEO, Elon Musk, have a lot on their plate. If any of it proves to be too much to handle, it could spell trouble for the long-awaited solar panel factory the company is gearing up to open in Buffalo. Musk loves to think big. He wants to revolutionize the auto industry by bringing a more affordable electric vehicle to the masses. He wants to bring solar…

David Adkins, who has overseen the launch of the Buffalo News' new website and the development of its new mobile phone apps since joining the company nearly four years ago, has been promoted to vice president of technology. Adkins previously was the News' director of technology. He came to Buffalo from Sarasota, Fla., where he was director of systems and digital technol…

Tops Holdings is refinancing $85 million of its debt that was scheduled to come due next year. The refinancing extends the due date on that debt by three years, into 2021, giving the supermarket company more time to operate before running up against the maturity date on its senior notes. Tops is refinancing the debt through an exchange offer to holders of its current se…

With production scheduled to start at the sprawling Tesla Inc. solar panel factory in less than two months, Tesla's partner, Panasonic, is ramping up its search for workers for its portion of the South Park Avenue facility. Panasonic has scheduled three job fairs, including one Tuesday night at the Seneca Babcock Community Center on the East Side, to recruit workers for…

And then there were 134. The organizers of the 43North business plan competition on Monday said they had narrowed their pool of 502 applicants down to 134 semifinalists that have cleared the first hurdle for a shot at winning a portion of the $5 million in prizes that will be handed out to eight winning companies in early October. This year's pool of entrants was the…

National Grid is trimming the size of the rate hike it wants to take effect next year, but the revised proposal still would increase an average residential customer's bill by 11 percent. National Grid's scaled-back proposal would add $8.93 to the monthly bill of an average residential customer who uses 600 kilowatt-hours of electricity. That's down from the $11.23 month…