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Lisa Oz quickly grabbed the attention at a business leadership conference Thursday in Adam’s Mark Hotel. Oz, wife of daytime television host Dr. Mehmet Oz, was the keynote speaker of the event sponsored by the Western New York Charter Chapter of the American Business Women’s Association. “How many of you are normal?” Oz asked the crowd of about 400 women. Not one raised t…

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It's a sad day for SmartPill Corp. and the Buffalo Niagara region's nascent life sciences industry. As David Robinson has reported this week, the company was bought by Given Imaging of Israel and is being moved there. Thirteen local jobs are being lost, and the local scientific/business community is taking a gut punch. SmartPill was founded in 2003 with a novel …

The Federal Home Loan Bank of New York has $2.63 million for three local groups for affordable housing initiatives in Buffalo and Springville to renovate or preserve more than 360 apartments and homes for low-income occupants. The grants are part of $26.4 million in Affordable Housing Program subsidies that the quasi-governmental, congressionally chartered wholesale bank o…

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SmartPill Corp., the financially strapped Buffalo medical device manufacturer that was acquired by an Israeli company earlier this month in a $6 million deal, is planning to move its manufacturing operations to its new owner’s factory in Israel by the end of the year. The move will result in the loss of about 13 local jobs, all in SmartPill’s production and office operatio…

A local developer Tuesday evening outlined his company's plans to redevelop the former F.N. Burt Co. headquarters in Buffalo's historic Larkin District.Samuel J. Savarino of Savarino Cos., who spoke at a forum in the Old First Ward Community Center on Republic Street, said the planned renovation of the six-story, 330,000-square-foot facility at 500 Seneca St. will be finan…

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If you get hurt in a golf cart accident at Harvest Hill Golf Course in Orchard Park, don’t expect an easy fight if you try to sue the course’s new owner for liability. Ross M. Cellino Jr., one of the area’s foremost personal-injury lawyers, has purchased the 18-hole public golf course and recreation facility from the Harvest Hill Foundation, formerly known as the West Sene…

Buffalo

Buffalo Niagara Riverkeeper is backing efforts to prevent the former Erie Freight House on Ohio Street from being torn down to clear the way for a new riverfront apartment complex.The group, which focuses on ways to restore and revitalize the Buffalo River corridor, said Tuesday that it is backing efforts to purchase the former Great Lakes Paper Fibers Corp. plant from dev…

HSBC Bank USA has named a Buffalo native as its newest top executive in Western and upstate New York, as it refocuses locally following the sale of its branches, retail banking and small-business lending divisions. The U.S. subsidiary of HSBC Holdings Plc of London said it has appointed Kevin Quinn as senior vice president and head of corporate banking for upstate New York…

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Recent space news involved a company delivering cargo to the International Space Station and the retired Endeavour rolling through the streets of Los Angeles. Not exactly “Eagle has landed”-caliber moments, but NASA is determined to recapture prominence in space exploration through the Orion next-generation spacecraft under development. An unmanned Orion capsule test fligh…

A biomass facility in West Seneca that will turn organic waste into electricity will receive nearly $900,000 in tax breaks through the Erie County Industrial Development Agency. The IDA approved the tax breaks Monday for Sustainable Bio Power, which plans to build a 2,000-square-foot renewable energy facility on North America Drive. The biomass facility, which will be loc…

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For years people of Western New York have complained about the lack of any development along the Buffalo's waterfront. Many blamed the NFTA for having no imagination and incentive to do anything with the Outer Harbor land. But things have started to change. The Erie Canal Harbor Development Corp. has helped revitalize the harbor front with parks and the ongoing work …

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When Christopher and Amy Capalbo saw the four-bedroom house on Clarendon Place in Buffalo, they just knew they had to have it. They just didn’t expect what it would take. The parents of two young children had looked at homes in the city for eight months, but “we never really saw anything we liked,” said Chris Capalbo, 36. “Something always was missing from our wish list.” …

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SmartPill Corp., the Buffalo medical device developer that makes an ingestible wireless medical sensor, has been acquired by an Israeli company that makes a similar device in a $6 million deal. SmartPill’s ingestible wireless medical sensor is about the size of a large vitamin. It can be swallowed by a patient, allowing physicians to measure conditions, such as acidity, pr…

Upstate New Yorkers answered with a resounding "No" when they were polled earlier this month on whether they think they're financially better off than they were four years ago. More than half of the upstate residents - 51 percent to be precise - polled by the Siena Research Institute said they were not better off financially than they were in October 2008. J…

ROCHESTER – Eastman Kodak Co. said Wednesday that it has asked a U.S. Bankruptcy Court judge to allow it to end retiree medical and some other benefits at the end of the year as part of its restructuring. The company said that it reached an agreement with the court-appointed committee of retirees to pay a total of $650 million in claims and $7.5 million in cash into a fund…