The Buffalo News

Wednesday, November 19, 2008

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Wall Street plunges to lowest levels in 5 years

NEW YORK -- Wall Street hit levels not seen since 2003, with the Dow Jones industrial average plunging below the 8,000 mark today as the fate of Detroit's Big Three automakers amid a slumping economy disheartened investors. (Updated: 05:10 PM)

Woman who ran massage parlors sentenced to 6 years

A businesswoman who recruited women to work as prostitutes at her four local massage parlors was sentenced today to six years in federal prison. Len Wah "Lisa" Chong, 45, ran three massage parlors in Niagara County and one in Erie County. (Updated: 02:13 PM)

Key state legislator opposes plan to hike SUNY tuition

ALBANY - A plan approved Tuesday to raise tuition at state universities beginning as soon as this spring was running into looming opposition this morning by a key state legislator. (Updated: 03:41 PM)

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Traders on the floor of the New York Stock Exchange endured a cascade of selling near the end of today's session.
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Updated 11/19/08 07:14 PM

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City & Region

News Neediest Fund aims to make holidays brighter

The calls from people needing assistance started coming in even before this year's News Neediest Fund drive began on Tuesday. Organizers say the financial crisis will make this campaign even more challenging. (Updated: 12:04 PM)

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Sports

A cavalcade of big plays in prime time

The Browns made the bigger plays during Monday night's matchup with the Buffalo Bills, helping Cleveland to a 29-27 victory in Ralph Wilson Stadium. The News' Allen Wilson breaks down some of the plays in Bills Replay. (Updated: 01:18 AM)

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Business

HSBC Mortgage to lay off 225

About 225 of the 1,100 employees at HSBC Mortgage Corp.'s headquarters in Depew are losing their jobs, as the lender shuts down wholesale and correspondent lending and shifts to direct lending to consumers instead of through brokers. (Updated: 07:08 AM)

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World & Nation

Big Three find tough audience on bailout

The leaders of the Big Three automakers went to Washington Tuesday to make their case in Congress for a $25 billion slice of the financial bailout pie. What they found were tough questions from senators and a less-than-rosy outlook that their plea will be successful. (Updated: 08:03 AM)

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Opinion

Confront the deficits

State legislators should confront the realities of ballooning deficits and plummeting revenues, as Gov. David A. Paterson calls them back into special sessions. So far, they're not. Today's editorial provides a list of their phone numbers. (Updated: 07:12 AM)

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Life

Facing the Thanksgiving dinner dilemmas

With Thanksgiving approaching, we offer some help with the many choices — fresh or frozen? canned or cooked? — you face when planning and preparing the holiday feast. (Updated: 10:51 AM)

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Entertainment

TV game shows break out online

For 25 years, "Jeopardy!" and "Wheel of Fortune" have been television's top syndicated shows, and now they have transcended TV, allowing you to play online and on your cell phone. (Updated: 12:07 PM)

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