- Is Chrysler a lost cause? Some experts think so
-
DETROIT — Even by the standards of battered automakers, Chrysler is in dire shape. Its sales in December were down a stunning 53 percent, far worse than Ford or General Motors, and analysts say it probably won’t survive the year as an independent company — despite $4 billion in government loans and the possibility of more.
(Updated: 01/08/09 6:26 AM )
- complete story >
- Moog lowers its earnings forecast
-
The recession is starting to put the squeeze on Moog Inc.
(Updated: 01/08/09 6:26 AM )
- complete story >
- Big deficit may pose threat to Obama plan
-
WASHINGTON — The forecast Wednesday of a jaw-dropping $1.2 trillion one-year federal budget deficit will make it harder for President-elect Barack Obama to win broad support for a massive stimulus package that would add even more to the red ink.
(Updated: 01/08/09 6:26 AM )
- complete story >
Financial Markets
24 Hour Business
Updated 01/08/09 06:38:52 AM
Latest Business News Video
Other Business News
- Stock losses have hit pension funds hard
WASHINGTON — The collapse of the stock market last year left corporate pension plans at the largest companies underfunded by $409 billion, reversing a $60 billion pension surplus at the end of 2007, according to a study released Wednesday.
(Updated: 01/08/09 6:26 AM )- complete story >
- Wegmans to offer free antibiotics
-
-
Wegmans Food Markets is offering its customers a dose of economic relief through a free antibiotics program.
(Updated: 01/07/09 6:28 AM ) - complete story >
- Who wants to pay full price?
-
-
NEW YORK — Shoppers are getting used to those 75 percent off sale signs, and that’s bad news for merchants who worry they will also have to quickly slash prices on spring goods to attract customers.
(Updated: 01/07/09 6:17 AM ) - complete story >
Local Business
- On the Record / January 8, 2009
- Buffalo News offers new round of employee buyouts
- Moog lowers its earnings forecast
- On the Record / January 7, 2009
MoneySmart
- Consumers warned to avoid two supplement sales sites
- College is becoming a lesson in economics for some students
- Most oppose changing rules for 401(k)s
Real Estate and Development
- Erie County Real Estate Transactions
- Niagara County Real Estate Transactions
- Commercial real estate faces tough year as vacancies rise
- Ki-Po lot vacancy is temporary
Manufacturing, Transportation, Labor
- Continental takes off on biofuel
- Buffalo News offers new round of employee buyouts
- Is Chrysler a lost cause? Some experts think so
- Moog lowers its earnings forecast
Finance, Investments, Insurance
- Market looks ahead
- Smaller middle ground
- Stocks tumble on weak results
- Is Chrysler a lost cause? Some experts think so
Personal Finance
- Consumers warned to avoid two supplement sales sites
- College is becoming a lesson in economics for some students
- Most oppose changing rules for 401(k)s
- Cash-in old Series E bonds
Retail
- Buffalo News offers new round of employee buyouts
- Oneida to close retailers
- Nissan announces a recall of over 240,000 trucks
- Who wants to pay full price?
Technology and Science
Columns
- By David Robinson
Every time you look back at 2008, you pretty much end up with the same thought: Good riddance. The local economy, which was surprisingly robust for much of the year, finally went into the tank by the time November rolled around.
- complete story >
