Business News

Business News, Local News, News
Jim Eckstrom 
Jul 01, 2025
Average gasoline prices in New York rose 0.7 cents per gallon in the last week, averaging $3.17/g Monday, according to GasBuddy's survey of 6,118 stat...
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June Giles retires from Cutco after 37 years
Business News, Local News, News
Jun 26, 2025
OLEAN — June Giles, distribution center operator for Cutco Cutlery Corp., will retire effective July 1 after 37 years with the company. However, she w...
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Caren Cash recognized for 25 years at KA-BAR
Business News, Local News, News
Jun 25, 2025
OLEAN — Caren Cash, customer service representative for KA-BAR Knives Inc., a subsidiary of Cutco Corp., is celebrating 25 years of service with the c...
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State, local unemployment rates down in May
Business News, News
Bob Clark 
Jun 25, 2025
Local unemployment rates were down locally in May, state officials reported. The New York State Department of Labor this week released preliminary loc...
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Tom Palumbo, retired from Sports Locker, recalls humble beginnings
Business News, Local News, News
Credits family support for decades of growth
By JIM ECKSTROM jeckstrom@oleantimesherald.com 
Jun 24, 2025
OLEAN — In 1982, Tom and Jason Palumbo bought a sports catalog business called Sport About; they sold sports equipment and team uniforms from their ap...
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Bruce Herzog retiring from Cutco after 23 years
Business News, Local News, News
Jun 19, 2025
OLEAN — Bruce Herzog, shear finisher for Cutco Cutlery Corp., will retire effective July 1 after 23 years with the company. Herzog joined Cutco on Aug...
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Gravel pit setbacks draw dozens to Allegany public hearing
Business News, Local News, News
By BOB CLARK bclark@oleantimesherald.com 
Jun 17, 2025
ALLEGANY — Zoning officials will reserve judgement on variances for a new gravel pit until next month. The town of Allegany Zoning Board of Appeals ta...
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DePerro School at SBU hosts Anatomage workshop
Business News, Local News, News
Jun 16, 2025
ST. BONAVENTURE — The DePerro School of Health Professions at St. Bonaventure University welcomed health science educators Friday for a regional works...
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