The Locally Owned Voice of the Capital Region
 
Comcast abandons Time Warner Cable bid after gov't pushback
NEW YORK

Comcast abandons Time Warner Cable bid after gov't pushback

Friday, April 24, 2015
What killed Comcast's $45 billion bid for Time Warner Cable? Regulators' desire to protect the Internet video industry that is reshaping TV.
 
Diet Pepsi dropping aspartame on customer concerns
NEW YORK

Diet Pepsi dropping aspartame on customer concerns

Friday, April 24, 2015
PepsiCo says it's dropping aspartame from Diet Pepsi in response to customer feedback and replacing it with sucralose, another artificial sweetener commonly known as Splenda.
 
AMSTERDAM

Fired Amsterdam worker suing Wal-Mart

Thursday, April 23, 2015
A former employee of the Amsterdam Wal-Mart is suing the discount department store chain, alleging the company didn’t provide sufficient laundry service for its employees’ company-issued uniforms.
 
GLOVERSVILLE

Shopper sues Wal-Mart, alleges she was detained at Gloversville store

Thursday, April 23, 2015
A Saratoga woman is suing the Gloversville Wal-Mart store for allegedly unlawfully detaining her during a shopping trip last spring.
 
FULTON COUNTY

Bank foreclosing on loan to Crossroads Incubator Corp.

Thursday, April 23, 2015
NBT Bank has filed a foreclosure action against Crossroads Incubator Corp. for about $5.4 million due on a $34 million loan taken in 2003 for the purchase of real estate in Gloversville and Johnstown slated for industrial development.
 
Comcast plans to drop $45B Time Warner Cable bid
NEW YORK

Comcast plans to drop $45B Time Warner Cable bid

Thursday, April 23, 2015
Comcast is abandoning its $45.2 billion purchase of Time Warner Cable, according to media reports.
 
CAPITAL REGION

Capital Region home sales down in March

Thursday, April 23, 2015
The Capital Region housing market is off to a sputtering start this year, but realtors remain confident that extended low mortgage rates will make the spring season a busy one.
 
Casino operator to open office in Center City
SCHENECTADY

Casino operator to open office in Center City

Wednesday, April 22, 2015
Casino operator Rush Street Gaming is moving into office space at Center City in downtown Schenectady ahead of the anticipated opening of the Rivers Casino and Resort at Mohawk Harbor.
 
Automated Dynamics to relocate from Alco site

Automated Dynamics to relocate from Alco site

Wednesday, April 22, 2015
Automated Dynamics on Front Street has signed a contract with the Galesi Group to relocate to the developer’s tech park in Niskayuna as work on the old Alco site moves forward.
 
Former GE hourly workers expect health care to be slashed
SCHENECTADY

Former GE hourly workers expect health care to be slashed

Wednesday, April 22, 2015
General Electric eliminated health benefits for former salaried employees on Jan. 1, after little more than three months’ notice and outrage from retirees who say the company reneged on its promises to them. Now, hourly workers are convinced they’re next.
 
Beauty replaces books as ULTA opens in Mohawk Commons
NISKAYUNA

Beauty replaces books as ULTA opens in Mohawk Commons

Tuesday, April 21, 2015
The new ULTA Beauty store in the Mohawk Commons plaza has opened.
 
Luther Forest tax breaks backed by Malta Town Board
MALTA & STILLWATER

Luther Forest tax breaks backed by Malta Town Board

Tuesday, April 21, 2015
In a breakthrough, the Malta Town Board is ready to allow reduced tax payments as an incentive to attract new businesses to the struggling Luther Forest Technology Campus.
 
SARATOGA COUNTY

Saratoga County IDA backs tax breaks for senior apartments

Tuesday, April 21, 2015

A divided Saratoga County Industrial Development Agency has agreed to provide $700,000 in tax breaks to encourage a senior citizen housing development in Wilton, despite concerns about setting a precedent.
 
CAPITAL REGION

Capital Region unemployment down in March

Tuesday, April 21, 2015
Unemployment fell to 4.6 percent last month in the Capital Region, down a full percentage point from 5.6 percent last March.
 
Why McDonald's is still a powerhouse, despite troubles
NEW YORK

Why McDonald's is still a powerhouse, despite troubles

Tuesday, April 21, 2015
McDonald's sales have been sputtering for more than two years and the company seems trapped in a cycle of bad headlines that likely won't end soon.
 
 

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