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Economy

Southwest Airlines to buy AirTran for $1.4B

NEW YORK CITY — Southwest Airlines has agreed to buy AirTran in a $1.42 billion deal that will combine two of the nation's biggest discount carriers. The two airlines primarily overlap in the Baltimore and Orlando markets.

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RIT to benefit from bond sale

The Dormitory Authority of the State of New York approved more than $254 million in financing for education, higher education and health care. As part of those approvals, the board signed off ...

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Area companies receive state assistance

Empire State Development this week announced that Info Directions Inc. of Victor is investing more than $1.2 million to build a new data center. The facility will include new high-tech machinery and equipment ...

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Yahoo! data center opens in Lockport

Yahoo! Inc. recently completed the first phase of its multi-phased investment in Western New York. The company finished construction and opened a new $150 million data center, which state officials said created 125 new high-tech jobs.

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Mortgage forms to be simplified

WASHINGTON, D.C. — The Obama administration is promising to move quickly to simplify the paperwork consumers receive when taking out a home mortgage. Obama adviser Elizabeth Warren and Treasury Secretary ...

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