Share this article

Business

print logo

Bankruptcy filings fell again in Western New York in February, to levels not seen in seven years, since right after federal bankruptcy reforms took effect.The slow activity during February – the third-lowest tally for any month of the year since 2006 – continues a trend that has been fairly consistent for the past couple of years, with year-over-year declines almost every …

National Fuel Gas Co. gets high marks from its business customers, ranking second among Eastern utilities for customer satisfaction, according to a survey released Wednesday by J.D. Power and Associates.National Fuel’s customer satisfaction score was 2 percent higher than the national average and 4 percent better than the average score among the 11 Eastern utilities includ…

WASHINGTON – Americans spent at the fastest pace in five months in February, boosting retail spending by 1.1 percent compared with January. About half the jump reflected higher gas prices, but even excluding gas purchases, retail sales rose by 0.6 percent.The report Wednesday from the Commerce Department showed that Americans increased spending last month despite higher So…

Business

Western New York’s housing market continues to be both blessed and cursed by a falling inventory of homes for sale. Home owners’ hesitancy to put their houses on the market has made it harder to buy, while the scarcity has driven prices up.New data from the Buffalo Niagara Association of Realtors shows home sales in Western New York surged in January from a year ago, along…

Erie County government’s largest labor union has reached a contract agreement with its unit at Erie County Medical Center, a step that officials say makes the hospital more competitive.The agreement covers 1,267 employees who work in medical as well as nonmedical areas at the Grider Street campus, including billing, technical support and licensed practical nursing.Provisio…

It’s been a long time since members of the Amherst Town Board were screamed at, but Monday night’s meeting definitely counted as a screaming and yelling affair. Some worried meeting observer, apparently, even called the police.Frustrations surrounding the controversial Hyatt Place project led opponents to jeer and boo from the audience. Supervisor Barry Weinstein was calle…

Two Roswell Park Cancer Institute spinoff companies are moving their 15 employees into office and laboratory space in the Thomas R. Beecher Jr. Innovation Center.The discovery-stage biotechnology companies – OncoTartis, which seeks anti-cancer drugs, and Tartis Aging, which seeks anti-aging drugs – will move into 5,700 square feet of wet lab and office space on the fourth …

Business

Independent Health Association, the second-largest health insurer in Western New York, is the highest-rated health insurer for quality and customer satisfaction in the nation, according to the latest study from J.D. Power and Associates.Independent Health is also the highest-ranked health insurance plan in New York and New Jersey for the fourth straight year, according to …

Business

Graphic Controls Corp. is pushing hard to rebuild its medical products business.The Buffalo company more than a decade ago got more than two-thirds of its sales from medical products, before a former owner, Tyco International, stripped Graphic Controls of the business, shifted it to a sister company and saddled the local operation with a non-competition agreement that kept…

Business

What’s the state of nursing in 2013? If anyone knows, it is Buffalo’s Carol Brewer.She is a professor of nursing at the University at Buffalo School of Nursing and the associate dean for academic affairs. She is a member of the New York State Regional Action Committee for the Future of Nursing, an initiative that arose out of a key report by the Institute of Medicine, an o…

The sky isn’t falling on the Buffalo Niagara job market after all.But it isn’t all blue skies and sunshine, either.That was the bottom line from last week’s updated report from the state Labor Department on the Buffalo Niagara job market.The good news: Fears that the local job market was losing jobs – as indicated by the Labor Department’s preliminary figures – are unfound…

Business

BATAVIA – Muller Quaker Dairy’s yogurt plant, a $206 million investment, is on track to open this summer in the Genesee Valley Agri-Business Park.An Alpina Foods yogurt plant that opened last year in the same business park is far ahead of schedule in employment and production.And efforts continue to attract more funding for a planned high-tech business park called Western …

Buffalo

The former Sheehan Hospital building on Michigan Avenue has a new owner, an updated mission and a new name.Now called Compass East, the eight-acre site will focus on job training, heritage tourism, health care and medical research.The new name and expanded mission were unveiled at an open house Friday afternoon inside the 270,000-square-foot building, which was purchased i…

Buffalo

The City of Buffalo on Friday officially transferred ownership of the Webster Block to the Buffalo Sabres, which will put $2.2 million in the city’s general fund. Cliff Benson, Sabres’ chief development officer, assured Mayor Byron W. Brown that the check would clear, saying, “We have good financial backing.” Brown and Benson attended a signing ceremony in the lobby of Fir…

Business

When Jeffrey C. Mendola traded his 15-year position with a manufacturing company as a top salesman for a nonprofit position, he took those skills into his new role as a fundraising professional.For his work as development director at Mercy Flight WNY, Mendola was recently named by FundRaising Success as one of the magazine’s “rising stars” as part of its 2013 Fundraising P…