National or Local Business News
Tenants and neighbors of the Cobbs Hill Village apartments have filed suit to block a planned redevelopment of the complex, saying it will unnecessarily alter Cobbs Hill Park and gentrify a badly needed low-income housing complex for seniors. They also challenge the developer’s claim on the property, which is within the boundaries of the […]
Xerox Corporation has sent off its own open letter to its shareholders, saying there are strong arguments for its proposed merger with FujiFilm Holdings of Japan. The letter says Xerox did not just throw together the notion of a merger with FujiFilm; they say it resulted from a lengthy study and they believe it’s the […]
Governor Cuomo has written to officials of Dresser-Rand Corporation, protesting their decision to close their plant in Wellsville, Allegany County. Siemens, the parent company of Dresser-Rand, is selling its government services division which includes the Dresser-Rand plant. The deal specifies closing the Wellsville plant. Cuomo, Senator Chuck Schumer and Senator Kirsten Gillibrand all signed the […]