Fed stays light on rates

By JEANNINE AVERSA, Associated Press

WASHINGTON -- With the recession apparently over, the Federal Reserve on Wednesday held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery.

Nov 04, 2009 | 6:40 pm | (0) Comments

Briefly

Staff and wire reports

Arrow declares cash dividend

Nov 04, 2009 | 6:35 pm | (0) Comments

PayPal may outgrow parent eBay

By RACHEL METZ, Associated Press

SAN FRANCISCO -- Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will likely be PayPal, the online payments service that has been growing steadily even as the economy has stumbled.

Nov 04, 2009 | 6:30 pm | (0) Comments

Officials blame Wall Street for oil prices

By CHRIS KAHN, Associated Press

NEW YORK -- Crude prices bounced above $80 per barrel once again on Wednesday, a level even OPEC leaders have said is too high given the fragile state of the global economy.

Nov 04, 2009 | 6:30 pm | (0) Comments

State: Intel used threats to hinder AMD

By DAVID B. CARUSO, Associated Press

NEW YORK -- New York's attorney general hit Intel Corp. with an antitrust lawsuit Wednesday, claiming the company used "illegal threats and collusion" to dominate the market for computer microprocessors.

Nov 04, 2009 | 6:25 pm | (0) Comments

Finch eyes new ways to be efficient

By Blake Jones bjones@poststar.com

GLENS FALLS -- When a small valve broke on one of the Finch Paper machines recently, an energy-consumption report was the only indication that something had gone awry.

Nov 01, 2009 | 12:15 am | (0) Comments

Let the toy wars begin

By SCOTT DONNELLY sdonnelly@poststar.com

One could call them toy soldiers.

Nov 01, 2009 | 12:15 am | (0) Comments

GlobalFoundries official named in probe

Staff and wire reports

LOS ANGELES -- Chip maker Advanced Micro Devices Inc. is "thoroughly reviewing" published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confidential company information to a defendant in the Galleon Group insider trading case.

Oct 28, 2009 | 10:45 pm | (0) Comments

Among goats, Murphy will pitch broadband

THURMAN -- Rep. Scott Murphy will visit Nettle Meadow Goat Farm and Cheese Company next month to talk about the need for broadband in rural areas.

Oct 28, 2009 | 9:00 pm | (0) Comments

Franchisee files for Chapter 11, blames mall traffic

By BLAKE JONES, bjones@poststar.com

A company with eight Subway and Arby's franchises at malls across the Capital Region is seeking Chapter 11 protection, citing a drop-off in shoppers over the past year.

Oct 28, 2009 | 7:40 pm | (0) Comments

Investors pump up gasoline prices

By DIRK LAMMERS, Associated Press

Energy prices slumped Wednesday after the Energy Department reported a higher than expected jump in U.S. gasoline supplies.

Oct 28, 2009 | 7:40 pm | (0) Comments

GE proposes job cuts at local plant

By BLAKE JONES, bjones@poststar.com

FORT EDWARD -- General Electric Co. has announced plans to stop making two product lines that are currently manufactured at its Fort Edward plant, resulting in the elimination of about 30 jobs.

Oct 28, 2009 | 7:35 pm | (0) Comments

Briefly

Staff and wire reports

AngioDynamics names executive

Oct 28, 2009 | 7:35 pm | (0) Comments

Company expanding to Glens Falls, hiring 12-15

By MAURY THOMPSON thompson@poststar.com

GLENS FALLS -- A Canadian manufacturing company is expanding its operation to the old Native Textiles building in Glens Falls.

Oct 28, 2009 | 7:15 pm | (0) Comments

Deeds and new businesses in Glens Falls and Queensbury

Glens Falls property transfers from Oct. 15 through Oct. 21

Oct 28, 2009 | 1:00 am | (0) Comments

Boat show organizer complains about cancellation

By DAYELIN ROMAN droman@poststar.com

LAKE GEORGE -- The members of the Lake George Park Commission had little to say Tuesday when the organizer of a high-performance boat show asked why the commission suddenly canceled his event last month.

Oct 27, 2009 | 7:40 pm | (0) Comments

Finch, union reach deal

GLENS FALLS -- Finch Paper LLC and the union representing the bulk of the mill's hourly workforce on Monday applauded speedy negotiations that resulted in a new four-year contract agreement.

Oct 26, 2009 | 1:45 pm | (0) Comments

Dairy woes could translate into action

By NICK REISMAN reisman@poststar.com

It's time to look toward 2012.

Oct 24, 2009 | 11:30 pm | (0) Comments

Changing Scene

Kuhn given award for his contribution

Oct 24, 2009 | 11:10 pm | (0) Comments