From Business Today:
An elementary school teacher from Elma is campaigning to win Walmart's "Get on the Shelf" contest, for the chance to have her product invention sold on Walmart.com and possibly in Walmart stores. Tammy Gordon, who teaches in Clarence, designed something called the Study Flash, magnetic pockets for organizing flash cards. Winners are chosen according to the number of votes they get through Facebook and text messaging. Other entries with ties to Buffalo are Bubble's Q Sauce, Buffalo Games' Phone Frenzy party game and Buffalo Tom's Gourmet Hot Sauce.
Steven J. Baum P.C. is facing the music on charges it cut corners and committed abuses in foreclosure filings. Baum, the firm and a top executive in the company will pay $2 million in penalties, legal costs and fees to the state and $2 million toward programs offering assistance to homeowners facing foreclosure or who are victims of predatory lending practices, the attorney general said. They are also barred from representing lenders or servicers in new foreclosure-related cases for two years.
First Niagara Financial Group is just 60 days away from officially closing its purchase of HSBC Bank USA's upstate New York branches, and it's gearing up for the switch. It has begun practicing its systems transfer that will convert HSBC accounts and loans to First Niagara May 18. First Niagara sent notifications about the change to current HSBC customers a few weeks ago.
As it does every year, The Buffalo News hosted a panel of volunteer CPAs Wednesday night who took questions from readers by phone and online about their taxes. Nine volunteers from Western New York answered tax questions free for four hours. They're online answers can be read here.
Critics are protesting a State Senate budget provision authorizing the purchase of electricity generated by Western New York's coal-fired plants for three years. Environmental, energy and health groups don't think the New York Power Authority should pay "a premium for dirty coal power." Instead, it asked lawmakers to to invest in clean renewable energy.
Who is getting hired, promoted and honored?
Here's a closer look at the Study Flash:
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