December 2007 - Rochester Business News & Events

Investor with a hot hand enters guarantor industry

Warren Buffett is in no mood to quit. At 77, Buffett, the country's most famous investor, is in the midst of his hottest streak in almost a decade. And he is capping his run with a flurry of deal-making.

Published Mon, Dec 31 2007 8:53 PM by Postbulletin.com Local Business

Airline pilots' close calls revealed

NASA grudgingly released some results Monday from an $11.3 million federal air safety study it previously withheld from the public over concerns it would upset travelers and hurt airline profits. The data reflects h

Published Mon, Dec 31 2007 8:53 PM by Postbulletin.com Local Business

Byron Towne Square retail center sold

BYRON -- The sale of a retail center in the Byron Towne Square development comes as the project's developer is asking the city for financial assistance and threatening legal action

Published Mon, Dec 31 2007 7:28 PM by Postbulletin.com Local Business

Travelers settles lawsuit over broker payments

UL -- The Travelers Cos. Inc., one of the nation's largest commercial insurers, has settled a lawsuit and separately will pay $6 million to settle several state investigations over how it paid brokers, the company and the Florida Attorney General...

Published Mon, Dec 31 2007 7:24 PM by Postbulletin.com Local Business

Digital TV at a glance

Beginning Feb. 18, 2009, television stations will stop broadcasting analog signals. An older, non-digital television without cable or satellite service will need a special

Published Mon, Dec 31 2007 7:22 PM by Postbulletin.com Local Business

Coupons to help low-tech users convert to digital TV

WASHINGTON -- Millions of $40 government coupons become available today to help low-tech television owners buy special converter boxes for older TVs that might not work after the switch to digital broadcasting. Beginn

Published Mon, Dec 31 2007 6:53 PM by Postbulletin.com Local Business

Northwest to allow rebookings for some travelers

EAGAN, Minn. -- With bad weather in the forecast across much of the Midwest and Northwest, Northwest Airlines is allowing passengers flying through some states to rebook without penalty. The waiver of the usual rebooking penalties ap

Published Mon, Dec 31 2007 6:53 PM by Postbulletin.com Local Business

KTTC-TV news director leaves station

KTTC-TV's news director, Mark Carros, recently left the Rochester station. While station officials confirm his departure, they say they cannot comment on employee matters. There is no word about a replacement. Carros was

Published Mon, Dec 31 2007 10:10 AM by Postbulletin.com Local Business

Generation Y poll finds ambition

The new generation entering the work force may be more ambitious and savvy than their parents, according to a recent study. Generation Y -- broadly defined as those born between 1979 and 1999 -- are interested in saving for retirement

Published Mon, Dec 31 2007 7:09 AM by Postbulletin.com Local Business

Harvey Mackay: Make time to do ordinary things

Author Mitch Albom says he wrote his book "For One More Day" when he became fascinated by how people answer this question: If they could spend one more day with a loved one already departed, how would they spend it? What would they do? In Parade...

Published Mon, Dec 31 2007 6:35 AM by Postbulletin.com Local Business

85% report personal data breach

Losses of confidential customer data like the one reported earlier this year by the T.J. Maxx and Marshall's retail chains may be more commonplace than thought. About 85 percent of privacy and security professionals for companies in

Published Mon, Dec 31 2007 6:35 AM by Postbulletin.com Local Business

Former Sears chairman dies

CHICAGO -- Edward Brennan, who started as a sales associate at a Sears store in Wisconsin and rose to become chairman and CEO of Sears, Roebuck and Co. in the mid-1980s, has died at age 73, company officials said Friday. "We were sad

Published Mon, Dec 31 2007 6:35 AM by Postbulletin.com Local Business

Follow personal-finance guidelines during 2008

You've weathered the credit crunch. You've withstood the effects of the subprime mortgage crisis. You've probably taken some losses along the way -- as most investors do sooner or later. Now you're looking ahead

Published Mon, Dec 31 2007 6:35 AM by Postbulletin.com Local Business

Suze Orman: The holiday spending hangover

anuary and suddenly all the crazy spending you did in December hits home. The credit card statements start showing up and you find yourself sweating bullets in the dead of winter over the size of your balance. Talk about a painful hangover. I've got

Published Sat, Dec 29 2007 10:49 AM by Postbulletin.com Local Business

Cirrus moves quickly into former NWA maintenance base

DULUTH, Minn. -- Aircraft maker Cirrus Design Corp. is already loading moving trucks to take over a maintenance hangar abandoned by Northwest Airlines during its bankruptcy. The city's Economic Development Authority this week passed

Published Sat, Dec 29 2007 10:41 AM by Postbulletin.com Local Business

December 2007 - Rochester Business News & Events

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Investor with a hot hand enters guarantor industry

Airline pilots' close calls revealed

Byron Towne Square retail center sold

Travelers settles lawsuit over broker payments

Digital TV at a glance

Coupons to help low-tech users convert to digital TV

Northwest to allow rebookings for some travelers

KTTC-TV news director leaves station

Generation Y poll finds ambition

Harvey Mackay: Make time to do ordinary things

85% report personal data breach

Former Sears chairman dies

Follow personal-finance guidelines during 2008

Suze Orman: The holiday spending hangover

Cirrus moves quickly into former NWA maintenance base