The Buffalo News : Business Today

Thursday, August 28, 2008

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Expo aims to make Buffalo a bus stop


If Buffalo Niagara’s tourism promoters are successful, travel professionals like Patrick Budway will send motorcoaches full of sightseers this way.

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Thrifts’ losses near record

WASHINGTON — U. S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans.

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Finances have retiree delegates worried


CHICAGO — Today’s retirees live in what may be the waning days of retirement’s golden age, enjoying the full benefits of Social Security and company pensions in many cases.

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Gustav likely to bring higher gasoline prices

HOUSTON — The brief respite for consumers at the gasoline pump may come to an abrupt end if Tropical Storm Gustav slams into the petroleum- rich Gulf Coast and its numerous refineries, just as Americans begin packing up cars for the Labor Day weekend.

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Was power overpriced by $100 million?

Federal energy regulators are investigating whether electricity trading schemes have caused New York state consumers to pay hundreds of millions of dollars too much for their power.

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Outage a blow to HSBC’s image

HSBC Bank USA suffered more than just a computer crash last week, some customers say: It also suffered damage to its image and reputation in their eyes.

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Columns

David Robinson

The Buffalo Niagara region is shaping up as a nice little oasis in a slowing economy.

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