A report in this week's Business First shows how minority owned businesses have a more difficult time getting loans than other businesses do and the financial crisis has made this problem worse. Researchers say minority-owned businesses "are more vulnerable because they are generally smaller and have fewer resources to draw on." But some government leaders in Washington D.C. say narrowing the credit gap would help the nation's 4 million minority-owned businesses create thousands of new jobs. The SBA is now trying to address the issue.
In Lockport, Yahoo! is busy constructing its new facility, which should debut in June. Company officials say it will be one of the most energy efficient buildings in the country. It uses outside air to completely cool the interior. Yahoo! officials say Buffalo's weather was a key factor in choosing this location. The structures rely on winds from Lake Erie.
You can read more about these stories in this week's Business First.