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Toyota to build plant in Mississippi - 2/28/2007
TUPELO, Miss. - Toyota Motor Corp.'s Highlander sport utility vehicle should start rolling off the assembly line at a new, $1.3 billion plant in northeast Mississippi by 2010, company and state officials said Tuesday. |
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Chrysler to sell Chinese-made cars in U.S. - 2/28/2007
FRANKFURT, Germany - DaimlerChrysler AG, seeking to cut costs and boost sales in North America, said Tuesday it will start selling Chinese-made cars there and in western Europe as it tries to meet demand for smaller, more economical vehicles. |
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Beware the 'jury duty' scam - 2/28/2007
NEW YORK - Jury duty is a necessary, if not always pleasant, civic responsibility. But if you get a call about jury service from someone claiming to be an officer of the court, you should be skeptical. |
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Corporate Earnings - 2/28/2007
Federated Department Stores Inc., parent of Macy's and Bloomingdale's, said stronger sales at established stores and lower costs drove a 5 percent rise in fourth-quarter earnings. |
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Delphi's fourth-quarter loss widens to $853 million - 2/28/2007
TROY, Mich. - Delphi Corp., the biggest U.S. auto-parts maker, said its fourth-quarter loss widened to $853 million on costs to cut its unionized work force, capping the biggest annual loss in the company's history. |
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Moldtech will add 25 jobs in deal to obtain low-cost electricity - 2/28/2007
Moldtech Inc. will keep its 50 jobs in Western New York and add about 25 more as part of deal for low-cost electricity, the New York Power Authority announced Tuesday. |
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SEC to withdraw charge against ex-Halliburton CFO - 2/28/2007
WASHINGTON - Federal securities regulators are withdrawing a remaining charge against a former chief financial officer of Halliburton Co. whom they had accused of negligence that gave investors an incomplete picture of the oilfield services company's finances. |
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TXU takeover is largest private deal in U.S. history - 2/27/2007
DALLAS - Texans weary of high electric bills and environmentalists who fought TXU Corp.'s plans for more coal-fired power plants offered only muted criticism Monday of the proposed takeover of the state's largest electric utility. |
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WellPoint taps woman as its CEO - 2/27/2007
INDIANAPOLIS - The nation's largest health insurer, WellPoint Inc., surprised some analysts with its choice for a new CEO: a lesser-known executive who will become the highest-ranking woman in the Fortune 500. |
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'Too good to be true' adage worth remembering when doing taxes - 2/27/2007
During tax season, it never hurts to remind taxpayers that if something sounds a little nuts, maybe you're looking at one more squirrelly tax scam. |
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GM may give DaimlerChrysler 20% equity stake for Chrysler unit - 2/27/2007
FRANKFURT, Germany - General Motors Corp. reportedly may be interested in giving an equity stake to DaimlerChrysler AG in exchange for its struggling Chrysler unit. Separately, an analyst said he understands a large Canadian auto parts supplier may be studying a Chrysler purchase. |
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JetBlue faces first test of customer bill of rights - 2/27/2007
NEW YORK - The embattled JetBlue coped with a light snowstorm by instituting a series of planned cancellations Monday and reimbursing some passengers for unplanned on-the-tarmac delays in what was the first real test of the airline's much touted customer bill of rights. |
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Unions ratify pact at Pittsburgh Post-Gazette - 2/27/2007
PITTSBURGH (AP) - The last of the 14 bargaining units at the financially ailing Pittsburgh Post-Gazette voted Saturday to ratify a new contract that includes staff reductions, net pay cuts and changes in health care benefits. |
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Wal-Mart's new strategy: cater to local shoppers - 2/26/2007
CHICAGO - Baggy clothes and Mexican CDs line the aisles. Catfish bait and automobile decorations sit on the shelves. A local restaurant serves up fried chicken near the checkout stands. |
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Credit restrictions eyed for home loans - 2/26/2007
WASHINGTON - As more Americans default on home loans, federal regulators and members of Congress are looking to place new restrictions on mortgages for people with shaky credit, a move that could make it harder for many people to buy homes or refinance their mortgages. |
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Big Three automakers expected to post sales declines for February - 2/26/2007
DETROIT - February may be another tough month for Detroit's automakers, with several industry analysts predicting year-over-year declines for Ford Motor Co., General Motors Corp. and DaimlerChrysler AG's Chrysler Group. |
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VW not interested in buying Chrysler - 2/26/2007
FRANKFURT, Germany - Volkswagen is the latest carmaker to say it is not interested in acquiring money-losing Chrysler from DaimlerChrysler. But at least four private-equity groups have had preliminary talks about buying Chrysler, according to a report in the Financial Times newspaper. |
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The Internet is starting to get crowded - 2/25/2007
CHICAGO - Those amusing YouTube video clips that Internet users send to friends gooble up large chunks of bandwidth and may cause the net to crash, some elements of the telecom industry warn. |
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Bank buys benefits company - 2/25/2007
Community Bank System, a Syracuse-area banking company that operates 33 branches in Western New York, has agreed to buy a Texas provider of employee benefit administration and trust services to expand its offerings in that arena. |
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Business calendar - 2/25/2007
The Business Calendar runs each Sunday in the Business section. Notices of meetings, seminars and workshops of interest to the area business community should be sent to the Business News Desk of The Buffalo News, P.O. Box 100, Buffalo, N.Y. 14240, by the preceding Thursday, faxed to 849-4587, or e-mailed to fin@buffnews.com. |
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