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Columbus McKinnon’s fourth-quarter profits jumped nearly fivefold as a big gain from a revaluation of its tax position more than offset earnings from its operations that were slightly weaker than analysts were expecting.The Amherst manufacturer of material-handling equipment also said its operations became more profitable during the quarter because of the company’s continu…

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Fisher-Price’s East Aurora campus will have 100 fewer employees by fall.About 100 employees received notices Wednesday that their jobs will be consolidated to Mattel’s North America Division in El Segundo, Calif., as of October. The majority of those affected have been offered relocation packages to move with their jobs to the company’s California headquarters, but an undi…

The parent corporation of Lake Shore Health Care Center in Irving and Brooks Memorial Hospital in Dunkirk has laid off at least 40 employees over the past two days to lower costs and eliminate overlapping services, The Buffalo News has learned.Lake Erie Regional Health System of New York laid off about 40 employees at Lake Shore Health Care across a variety of departments,…

Lawley Benefits Group is introducing a private benefits exchange that is intended to help employers manage their health care costs more efficiently while giving their employees more options in choosing the right coverage for them. The exchange, known as Lawley Marketplace, is different from the public exchanges that are being created under the terms of the federal Affordab…

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The University at Buffalo has created a new department of biomedical informatics and has recruited an official from the Mount Sinai School of Medicine to serve as its first chair. Dr. Peter L. Elkin, vice president and professor of medicine at Mount Sinai and director of its Center for Biomedical Informatics will begin his duties at UB as a professor and department chair …

The Erie County Department of Environment and Planning is hosting a May 30 workshop on the programs and sources of funding available to businesses and not-for-profit groups that want to reduce their energy consumption and costs. The Renew Erie County Business Energy event, which includes lunch, runs from 11:30 a.m. to 1:30 p.m. in the Campbell Student Union, Room 302, on t…

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The job market in the Buffalo Niagara region brightened a bit last month.The latest unemployment figure released Tuesday is at a two-year low of 7.7 percent, pushed down by a more robust seasonal job market.While unemployment is still higher here than across the state and nation, things are improving.“We’re seeing seasonal hiring begin to pick up,” said Tammy L. Marino, th…

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Companies receiving tax breaks through the Erie County Industrial Development Agency now must agree to hire at least nine of every 10 construction workers from within the eight counties of Western New York.IDA officials adopted the new policy this week, saying it would guarantee that the vast majority of the wages paid to construction workers on projects backed by local ta…

Representatives from several companies will speak Thursday afternoon in Buffalo at a panel discussion on pursuing a career in the life sciences, advanced manufacturing or other high-tech industries. The Superior Group and the University at Buffalo’s New York State Center of Excellence in Bioinformatics and Life Sciences are hosting the event from 4 p.m. to 5 p.m. in Roswel…

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Developer Carl Paladino’s $14.7 million plan to convert the decaying Arctic Freezer Building next to the Niagara Thruway is getting $634,000 in tax breaks through the Erie County Industrial Development Agency.The IDA approved the sales and mortgage tax incentives Monday for Paladino’s Ellicott Development, which plans to convert the eight-story building into a mix of offic…

The music isn't stopping at the city's Zoning Board of Appeals. In fact, for some applicants, it's just getting started. According to the agenda for the board's May 29 meeting, at least two petitioners are seeking permission to allow "live" music at East Side restaurants. Latisha Andrews wants to "re-establish" a restaurant to includ…

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Former Rep. John J. LaFalce has stepped down as chairman of the Erie County Industrial Development Agency, ending his 14-month tenure overseeing the economic development agency.LaFalce, who submitted his resignation late Friday, was appointed by Erie County Executive Mark Poloncarz in March 2012 to replace former National Fuel Gas Co. executive Philip Ackerman as the agenc…

This is going to sound weird, but bear with me: I literally thank God every time I buy toilet paper.My friend, Kathy, once said she hated buying toilet paper because it was literally like flushing money down the toilet. I totally get that.When I was broke, which was every minute of my life before I landed this dream job, I used to fantasize about what it would be like to g…

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All year long, when cleaning out closets, playrooms and the basement, you’ve thrown unwanted things into your “For Garage Sale” pile.But now that it’s that time of year, the last thing you want to do this weekend is drag all that stuff outside and actually put it up for sale.Well, have no fear, MoneySmart is here, with the lazy person’s guide to garage sales.Follow our sim…

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The lead partner of architectural and design firm Carmina Wood Morris is putting his money – and home – where his heart is, moving from his home in Lancaster to a 160-year-old three-story building on the eastern edge of downtown Buffalo, a block from his firm’s headquarters.Steven Carmina and his wife, Brenda, are buying the 4,071-square-foot masonry building on Roosevelt …