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Tops turns 50 and the Chippewa District matures

From Business Today:

Tops Markets has been in business for 50 years, and it has TOPS MORGANObeen a dramatic financial ride, with numerous ownership changes and several turns being a public company. The history reads like a financial drama.

Downtown Buffalo's Chippewa entertainment district is changing from the raucous night club strip into a little more sedate restaurant/night club district, as its target market changes.
MannoThe growth of downtown housing and influx of more visitors is driving the changes, the leader of the business association says.

The idea of raising the state's minimum wage to $8.50 per hour got mostly
negative reviews from a panel of state lawmakers from Western New York.
 Nine of the 11 Assembly and state Senate members at a Friday panel discussion said they
opposed Assembly Speaker Sheldon Silver's proposal to increase the minimum wage by $1.25 per
hour, or 17 percent, from $7.25 to $8.50 per hour starting next year.  

  Synacor's initial public offering fell flat on Friday.
  The Buffalo-based Internet content provider succeeded in selling 6.8 million shares of its
stock on Friday, but the company  had to slash its offering price by 50 percent to do it.   

   A federal judge in Buffalo has dismissed a lawsuit filed by M&T Bank Corp. that
accused two banking giants of breaching a contract on a mortgage-backed security investment.
The suit sought at least $500,000 in interest payments or a full refund of the $50 million
purchase price. 

  Who is getting hired, promoted and honored?

  Recent real estate transactions.

Some say this was the best Super Bowl national anthem in history:


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