Strictly Business

From Business Today:

Jobs are slowing coming back to the Buffalo Niagara region. During the last year, 1,500 jobs were added, fueled by a pickup in hiring among the private sector. The region still has a long way to go to recover from the losses during the Great Recession, but the trend is improving.

GM workers on lay off got a tease of good newsfrom a union official this week. UAW Vice President Joeseph Ashton, a former director of Amherst-based Region 9, said that GM will call back all its workers by September, including the nearly 200 on layoff at the Town of Tonawanda engine plant. GM, however, declined to confirm Ashton's time line. Once GM gets all its laid-off workers back, it can begin hiring new people at the greatly reduced wage allowed under the new contract. The turnaround of the US automotive industry continues.

First Niagara Financial Corp. hired a new CFO, Gregory W. Norwood, and moved Michael Harrington to treasurer and chief investment officer. Norwood has experience at larger institutions, which is something First Niagara may need as it continues to grow.

Who is getting hired, promoted and honored?