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Business

Burley Named Realtor Of The Year

The Chautauqua-Cattaraugus Board of Realtors has named William “Bill” Burley as 2022 Realtor of the Year at the organization’s annual installation banquet held recently. Criteria for the award include: involvement at the local realtor board, community activity and charitable giving, ...

Ribbon Cut On New Buddy Brewster’s

Buddy Brewster’s Ale House officially opened its second location at 300 East Fairmount Avenue, Lakewood, on Wednesday, Nov. 16. Owners Andrew and Amber Carlson cut the ribbon on the newly refurbished restaurant space, which includes a separate bar and family dining area, along with glass ...

GM Says EVs To Be Profitable By 2025

General Motors says it expects its portfolio of electric vehicles to turn a profit in North America by 2025 as it boosts battery and assembly plant capacity to build over 1 million EVs per year. CEO Mary Barra used the pledge to kick off the company’s investor day event Thursday in New ...

Targets Third Quarter Profit Drops 52% As Shoppers Force Price Cuts

NEW YORK — An unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third-quarter profits at Target down 52% after it was forced to slash prices with Americans feeling the squeeze of inflation. The Minneapolis retailer voiced caution ...

Inflation Is Finally Hitting Profit Margins

NEW YORK (AP) — Corporate profits have withstood raging inflation over much of the last year, but those good times may be ending. Profits stayed fat even as companies’ costs rose thanks to one simple trick: Businesses boosted the prices they charged customers by more than their own costs ...

Consumers: Ditch Digital- Only Deals

A coalition of consumer groups is asking grocery chains to rethink their digital-only coupons, saying the deals discriminate against people who don’t have smartphones or reliable internet access. Digital-only deals —— advertised online or on store shelves —— can offer significant ...