Our network

Business

Obama to give economic speech in Malta

A White House official told NewsChannel 13 that President Obama will visit Saratoga County on Tuesday to speak on economic issues.

A source tells the Associated Press he'll be at the GlobalFoundries plant in Malta.
       
The $4.6 billion GlobalFoundries facility manufactures computer chips and will ultimately employ about 1,400 people. 

This will be the president's third visit to the area. Mr. Obama made a trip to Hudson Valley Community College in September 2009 and he visited GE in Schenectady in January 2011.

Six Capital Region companies selected for 2012 Venture Forum

Six Capital Region companies selected for 2012 Venture Forum

Six Capital Region companies have been selected for the 2012 Venture Forum, a collaboration between the Center for Economic Growth’s (CEG) SmartStart UNYTECH Forum and Western NY’s Bright Buffalo Niagara Forum.

According to a statement, a total of 32 high-growth early stage companies will be featured, including those from the area.

This year’s list includes dkorrlife.com, Chef Key, Praxis Technology, H2 Pump, Ultradian Diagnostics and Vital IV. They will present their business plan to more than 70 Angel and VC investors from the Northeast, New England, Mid-Atlanta, Niagara-Canadian, Boston and NYC corridors.

Winner of business competition to receive site at Queensbury Business Park

EDC Warren County and Hudson River Local Development Corporation have announced a business plan competition for a site at the Queensbury Business Park.

According to a statement, EDC Warren County and the HRLDC are sponsoring a Business Plan Competition to encourage development and to help provide employment opportunities for the region. The grand prize winner will win a fully-approved shovel-ready lot in Queensbury Business Park at no land cost.

“This is a great opportunity to stimulate investment in our community.  We’re hoping that this initiative will bring out the best of the best”, said Attorney and EDC Board Chairman Michael Borgos in a statement. 

Applications for the competition will be available to the public May 4 and the deadline for submissions is 5 p.m. on July 31.

Free legal help to be available

More people will be able to find free legal help thanks to a new rule announced today.

New York’s chief judge says new lawyers will now have to provide 50 hours of free legal serves in order to take the state bar exam next year.

New York’s attorney general says the pro bono requirement should help more families stave off mortgage foreclosures.

How to avoid home improvement headaches

RENSSELAER - It's 'song and movement time' at the Ready, Set, Grow Daycare.

"Are we really happy? If you're happy and you know it clap your hands!" says Dominque Smith to the young children who are clapping to the rythm.

Smith and his wife run a home business that had plans to grow itself by adding a new room. But he and his wife said those dreams withered when their contractor stopped showing up.

"It's unfair when you give somebody money in good trust, and they start to do things and they disappear, and you feel heartbroken and you feel like you ultimately, got scammed," Smith said.

He showed NewsChannel what they have to show for the addition they hired the company Mr. B's Construction to build.

"Wood. Footings. Cement. Headache. Frustration," said Smith, pointing to the footings off his deck.

Price Chopper changes Fuel Advantage rules

Price Chopper is making a change to its popular promotion called Fuel Advantage.

Right now customers can save 10 cents a gallon on gasoline for every $50 they spend on groceries.

Beginning Sunday, May 13 they will have to spend $100 on groceries to get the same savings at the gas pump.

Price Chopper officials say there will be other ways for customers to earn fuel rewards in the future.

Price Chopper expands Shops4U program

Price Chopper expands Shops4U program

Price Chopper has expanded the Shops4U program for Albany and its surrounding areas. It will give customers of the Westgate Plaza online access to the store’s discounts and signature items.

According to a statement, online customers will also have access to fresh meat, produce and seafood for home delivery service.

“We created Price Chopper Shops4U in response to the call for a convenient shopping experience made by a growing number of our customers who are either too busy or unable to get to their local Price Chopper to shop for what they need,” said Jerry Golub, Price Chopper’s president and chief operating officer in a statement. “The offer was well-received and continues to grow for us in Schenectady, so we decided to incorporate Shops4U into our newly remodeled Westgate store, enabling us to offer this service to Albany customers.”