The Buffalo News : Business Today

Thursday, August 28, 2008

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Local Business

On the Record / August 28, 2008

Updated: 08/28/08 6:56 AM

Hires/Promotions/ Honors
Japan’s Ricoh to buy Ikon
By Courtney Dentch - BLOOMBERG NEWS
Updated: 08/28/08 6:56 AM

Ricoh Co., Japan’s second-largest maker of office equipment, agreed to buy Ikon Office Solutions for $1.62 billion in cash to expand its sales and services operations in the U. S.
HSBC confirms cause of system crash
By Jonathan Epstein NEWS BUSINESS REPORTER
Updated: 08/28/08 6:56 AM

HSBC Bank USA confirmed Wednesday that its computer crash this month was caused by bad hardware related to its disk storage, answering a key question that many customers and observers have posed.
Expo aims to make Buffalo a bus stop
By Matt Glynn NEWS BUSINESS REPORTER
Updated: 08/28/08 7:17 AM

If Buffalo Niagara’s tourism promoters are successful, travel professionals like Patrick Budway will send motorcoaches full of sightseers this way.
On the Record / August 27, 2008

Updated: 08/27/08 6:51 AM

Hires/Promotions/ Honors
Financial Trust FCU names a new CEO

Updated: 08/27/08 6:51 AM

Financial Trust Federal Credit Union has named John Morrison its new CEO, filling a vacancy that has existed since its former CEO left to join a larger regional credit union.
On the Record / August 26, 2008

Updated: 08/26/08 6:56 AM

Hires/Promotions/ Honors
Deadline for nominating leaders in area business is Friday
NEWS BUSINESS REPORT
Updated: 08/26/08 6:56 AM

Nominations close Friday for an award honoring leaders in the Buffalo Niagara region’s New Economy.
Buffalo’s air travelers on the rise
By Stephen T. Watson NEWS STAFF REPORTER
Updated: 08/26/08 7:10 AM

The rising ticket prices, flight delays and security-checkpoint indignities that frustrate air travelers today aren’t keeping people away from the Buffalo Niagara International Airport.
Restaurant Depot wants spring debut in Cheektowaga
By Matt Glynn NEWS BUSINESS REPORTER
Updated: 08/26/08 6:56 AM

Restaurant Depot, a wholesaler that serves customers such as restaurants and independent grocery stores, plans to open a Cheektowaga location next spring.
HSBC putting problems in past
By Jonathan D. Epstein NEWS BUSINESS REPORTER
Updated: 08/26/08 6:56 AM

HSBC Bank USA officials say faulty hardware was to blame for last week’s crash of a key computer system, as they shift gears from data recovery efforts toward diagnosing what happened and how to prevent it in the future.
Evans opens new branch

Updated: 08/26/08 6:56 AM

Evans Bancorp opened its newest branch and second in the City of Buffalo, marking a fresh new look for the South Towns bank.
Community hikes dividend

Updated: 08/26/08 6:56 AM

Community Bank System increased its quarterly cash dividend by 4.8 percent, marking its 14th dividend hike in 15 years.
Erie County Real Estate Transactions

Updated: 08/25/08 6:54 AM

Following are real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending July 11.
Niagara County Real Estate Transactions

Updated: 08/25/08 6:54 AM

Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk’s office for the week ending July 11.


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