Business

LOCAL BUSINESS NEWS
Vietnam Vet Thrift Store to Close
Rochester, N.Y. -- The store announced it will close on Feb. 9.
Rochester Bouncing Back From Job Losses
Rochester, N.Y. - Area saw 98% of recession-lost jobs restored. Video Video
Kodak Wants Out of Contract at Kodak Theatre
Rochester, N.Y. - Company asks bankruptcy judge to void naming rights contract. Video Video
State Minimum Wage May Increase to $8.50
Rochester, N.Y. - If state lawmakers approve it, minimum wage would jump to $8.50 an hour next year. Video Video
50 Jobs For Batavia
Indianapolis/Batavia, N.Y. - Management company Premiere Credit of North America has said they will open a call center in Batavia, with the goal of having it up and running by March 1.
NATIONAL BUSINESS NEWS
State Farm plans to hire 3,000 employees
The Bloomington, Ill.-based company says the hiring will replace positions it has left open as the country's economy struggled the past few years.
Whistleblower must pay Toyota
A federal appeals court says a former in-house lawyer for the Japanese automaker must pay $2.6 million for disclosing confidential information.
Estee Lauder shares down
Shares of the cosmetics company fell after the beauty products company issued a fiscal third-quarter earnings forecast well below Wall Street's expectations.
Tyson net income falls 48 percent
The nation's biggest meat company says its fiscal first-quarter profit fell by nearly half from last year as higher feed costs cut into the company's profit margins. 
Motorola having iPhones pulled in Germany
The move is in response to a court ruling sought by the cellphone maker that Apple should not be using its mobile technology in the devices without a license. 
ABC BUSINESS NEWS
January Unemployment Falls to 8.3 Pct.
Good news for the economy.
Dow Close Highest Since 2008
A strong jobs report pushed stocks higher, with the Dow Jones Industrial Average closing at the highest level since May 2008 — before the financial crisis, the Associated Press reported....
Woman Accused of Selling Fake Facebook Stock
A woman in Wisconsin is accused of selling fake Facebook stock the same day the company went public.
U.S. Jobs Report Skepticism: As Good As It Gets?
January’s jobs report released Friday morning showed that unemployment fell to 8.3 percent as employers added 243,000 jobs, but there are concerns the numbers may be as good as it...
S.M.A.R.T. Ways to Increase Your Personal Savings
If you find yourself already falling behind your New Year’s resolution to put yourself in better financial shape this year, you’re not alone. Saving money and making smart financial decisions...
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