Hot finance topics

One more review and the latest expansion phase for the Buffalo Transportation/Pierce-Arrow Museum can finally begin.
The Buffalo Planning Board, Tuesday morning, will be meeting with museum founder James Sandoro to go over his proposed construction of a 21,244-square-foot, single story atrium. Board approval is central to his larger plan of a 60-foot-tall and 60,000-square-foot atrium […]

Boston Scientific Corp. said Thursday it will begin shipping two types of implantable defibrillators, after shipments were halted in March when it was discovered that two manufacturing processes used in the production of the devices had not been cleared by the U.S. Food and Drug Administration.
The Natick, Mass., company is reporting that the FDA has […]

MIAMI — Toyota has routinely engaged in questionable, evasive and deceptive legal tactics when sued, claiming it does not have information it is required to turn over and sometimes even ignoring court orders to produce key documents, an Associated Press investigation shows.
In a review of lawsuits filed around the country involving a […]

Consumer borrowing fell again in February, reflecting weakness in credit cards and auto loans.
Analysts said the sharp reduction showed that the weak economy was still making consumers hesitant to take on more debt.
The Federal Reserve said Wednesday that borrowing declined by $11.5 billion in February, surprisingly weaker than the small […]

1942 — Founded by Victor Hermelin and Bob Keith, both of St. Louis.
1947 — KV and its co-founders charged with shipping vitamin capsules that had less than the required amount of vitamins.
1950 — KV charged in a criminal complaint with shipping 51,000 vitamins whose ingredients were deficient.
1975 — Victor’s son, Marc […]

Private-sector employers continued to cut jobs in March, highlighting the challenges still facing the nation’s job market, according to a report released Wednesday.
Automatic Data Processing, which processes paychecks for one in every six U.S. employees, said private-sector employers cut payrolls by 23,000 jobs in March, marking the smallest monthly decline since February 2008.
The […]

Under fire to do more to stop the foreclosure crisis, the Obama administration will announce Friday new steps to help the unemployed and those who are "underwater" with a bigger mortgage than their home is worth.
For some unemployed borrowers, the effort would require servicers to reduce or suspend monthly mortgage payments for up […]