
July 04, 2009 5:06 PM :: Albany, NY

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Local Albany Business Headlines

Boomers show entrepreneurial spirit
Aging baby boomers arent headed out to pasture theyre starting new businesses, according to a Kauffman Foundation study that predicts the United States may be on the cusp of an entrepreneurship boom. Read More

BofA to pay $713M in dividends to feds
The board of Bank of America Corp. has authorized the payment of $713 million in dividends to the U.S. government under the Troubled Asset Relief Program. (BAC) Read More

AAA: Holiday travel down, air traffic up
AAA expects fewer Americans will travel during the July 4 holiday weekend this year than in 2008. Read More

Unemployment hits 9.5 percent in U.S.
Employers cut more jobs in the U.S. in June causing unemployment to rise to 9.5 percent from 9.4 percent in May, the highest since August 1983. Read More

Six Flags to feature new Wii video game
Six Flags Inc. is expanding its partnership with Nintendo to prominently feature the new Wii Sports Resort video game. Read More

Region will receive $6.4M in low-income housing tax credits
The New York State Division of Housing and Community Renewal said more than $6.4 million in federal low income housing tax credits and subsidies will be used to construct and rehabilitate 381 units of affordable housing in counties throughout the Capital Region. The funding is part of $48 million in awards that will create more than 2,100 affordable housing units and 2,000 new construction jobs statewide. Approximately 350 jobs are expected to be created in the Capital Region. Read More

Flywheel operator closes in on $43M loan from feds
Beacon Power Corp. said today it expects to receive a $43 million loan guarantee through the U.S. Department of Energy to build a 20-megawatt flywheel plant in Stephentown, Rensselaer County, N.Y. Read More

Planned Parenthood chapter adds board members
Upper Hudson Planned Parenthood in Albany elected four new members to its board of directors. Read More

Catskills restaurant files for bankruptcy
The Shamrock House, a long-standing restaurant and 35-room hotel in the Catskills, has filed for bankruptcy protection. Read More

Albany Events

Alive at Five

Now until Thu, Aug 13, 2009

Walking Tours of Historic St. Agnes Cemetery

Now until Thu, Sep 3, 2009

Music Jam

Now until Thu, Aug 27, 2009

Simple Living Meeting - monthly meetings

Now until Tue, Dec 22, 2009

Photo Contest

Now until Fri, Oct 16, 2009

Independence Day at Schuyler Mansion - 18th Century Fun

Now

Albany Flea

Sun, Jul 5, 2009 until Sun, Sep 27, 2009

New York City Ballet - Tuesday through Saturday performances

Tue, Jul 7, 2009 until Sat, Jul 18, 2009

+ See all Albany events

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