Business

Business
5:44 pm
Tue October 1, 2013

Venture forum provides startups investment opportunities

Venture capitalist and investor Victor Hwang
Credit Ashley Hirtzel / WBFO News

A venture forum held in Buffalo Tuesday gave dozens of local startup businesses an opportunity to link directly with potential investors.

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Business
11:37 am
Thu September 26, 2013

Homemade Niagara-themed chocolates making it big in primetime

Owner of Niagara's Honeymoon Sweets Mary Ann Hess
Credit Ashley Hirtzel / WBFO News

One small Niagara Falls business owner is taking her sweet treats and positive attitude nationwide. It doesn’t matter whether Owner of Niagara’s Honeymoon Sweets Marry Ann Hess is shaking hands with celebrities, molding chocolates or cutting hair, she’s gushing about western New York.

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Business
10:45 am
Mon September 23, 2013

Press Pass: New leader at Buffalo Niagara Partnership

Dottie Gallagher-Cohen took over as president and CEO of the Buffalo Niagara Partnership in June.
Credit WBFO News file photo

There is a new leader at the helm of one of the region's largest business organizations. Dottie Gallagher-Cohen took over as president and CEO of the Buffalo Niagara Partnership in June after long-time leader Andrew Rudnick retired.

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Business
10:06 am
Tue September 3, 2013

Buffalo Central Terminal restoration plans aim to boost regional tourism

Buffalo's Central Terminal
Credit Ashley Hirtzel / WBFO News

Restoration efforts continue for Buffalo’s historic Central Terminal. The plans focus on bringing life back to the large train station while boosting cultural tourism in the area.

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Business
6:00 am
Mon August 26, 2013

GiGi's Soul Food still cooking years later

GiGi's Soul Food
Credit Ashley Hirtzel / WBFO News

A western New York institution has been serving up southern homestyle cooking for more than 50 years. GiGi’s Soul Food remains a mainstay of Buffalo’s East side.

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Business
5:00 am
Mon August 19, 2013

Press Pass: Redevelopment of Horsefeathers

Revitalizing Horsefeathers on Buffalo's West Side.
Credit Photo from Horsefeathers Website

While new construction for major projects is underway in downtown Buffalo, some nearby neighborhoods are also in need of revitalization. 

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Business
10:23 am
Thu July 18, 2013

Costanzo’s marks 80th with new retail push

Costanzo's rolls inside retail shop
WBFO News photo by Eileen Buckley

A local bakery company that started in Buffalo is celebrating its 80th anniversary.  Costanzo's Bakery kicks-off a week-long celebration starting this Sunday with a big employee event.  WBFO'S Eileen Buckley toured the bakery in Cheektowaga were those famous Costanzo's rolls are baked.

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Business
5:00 am
Wed July 17, 2013

Pet pharmacy vows to donate all net profit to animal shelters

Glenn Buckley with Roz (left) and Scott Buckley with Geri (right)
Credit Ashley Hassett / WBFO News

It costs about $2 billion a year to deal with the country’s homeless animals according to the United States Humane Society. A western New York pet pharmacy plans to share 100% of its net profit with some of the nation’s animal shelters to help chop down that cost.

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Politics
5:00 am
Tue July 16, 2013

Bill to expand 'Niagara Wine Trail' awaits governor's approval

Winery owners share a drink of wine to toast the legislation.
Credit Ashley Hassett / WBFO News

A bill to expand the “Niagara Wine Trail” is awaiting approval from Governor Andrew Cuomo.  Once the legislation is passed into law it’s expected to provide a boost to upstate New York tourism.

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Business
10:43 am
Mon July 1, 2013

HSBC investing $35 million in local facilities

Newly refurbished work space inside HSBC's Atrium in downtown Buffalo
Credit WBFO News photos by Eileen Buckley

HSBC Bank USA has announced it will invest $35 million to renovate its downtown Atrium and its facility in Depew, in what is being called a complete renovation of its local facilities.

WBFO'S Eileen Buckley reports on HSBC's investment in WNY and efforts to find new tenants for HSBC Tower.

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Business
10:34 am
Thu June 27, 2013

Progress on new Buffalo Creek Casino

Outside construction of the Buffalo Creek Casino
Credit WBFO News photo by Mike Desmond

The Seneca Nation of Indians' temporary downtown Buffalo casino is still attracting customers who enter through the construction site of the the new Buffalo Creek Casino. Leaders of the Seneca Gaming Corporation offered a glimpse inside of construction on the brand new casino. 

WBFO'S Mike Desmond tours construction of the new Buffalo Creek Casino.

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Business
9:30 am
Tue June 25, 2013

Elmwood Village funding being used for projects, repairs

Credit elmwoodvillage.org

There is more money on the way for renovations and repairs along Elmwood Avenue, cash from a state program and tax credits as part of the Elmwood Historic District.

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Business
5:17 pm
Fri June 21, 2013

Tishman Building renovation underway

The under-renovation Tishman Building is one of the tallest structures in Buffalo.
Credit Wikimedia Commons

Renovation work is set to begin on one of downtown Buffalo's historic buildings.

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Business
2:48 pm
Wed June 19, 2013

GEICO exceeds hiring goal

Berkshire Hathaway CEO Warren Buffett speaking to GEICO's employees in Amherst.
Credit Chris Caya WBFO News

The so-called "Oracle of Omaha" was in Amherst Wednesday marking a milestone at one of his companies.

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Business
10:11 am
Mon June 17, 2013

Business 'localists' argue public policy slanted toward large corporations

Stacey Mitchell
Credit Ashley Hassett / WBFO News

Buffalo hosted the 11th annual Business Alliance for Local Living Economies or the BALLE business conference this year. The event brought together over 600 self-described “localists” from around the continent who all share the idea that local businesses are key to solving community problems.

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Business
5:00 am
Mon June 10, 2013

Press Pass: Preserving the Richardson Olmsted Complex

Richardson Olmsted Complex, Buffalo, NY
Credit WBFO News file photo

The mammoth Richardson Olmsted Complex on Forest Avenue in Buffalo is part of a major preservation project. 

On this week's Press Pass conversation, WBFO's Eileen Buckley talks with Buffalo News reporter Brian Meyer about his recent tour inside the complex. Meyer talks about the rehab and project price tag.

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Business
11:22 am
Fri June 7, 2013

JPMorgan Chase closing 400-person Albion office

JPMorgan Chase & Co. says it plans to close its mortgage call center in Albion, putting about 400 people out of work.

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Business
9:53 am
Tue June 4, 2013

New yogurt plant a boon for local dairy farms

Chris Caya/WBFO News

One of the largest yogurt manufacturing facilities in the country is now officially open in just off Route 33 in Batavia. The state-of-the-art facility will be doing plenty of of business with local dairy farms.

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Business
9:35 am
Tue June 4, 2013

Fighting fire blight in New York's apple industry

Apple stalls at the Rochester Public Market
Credit Kate O'Connell

New York is the second biggest apple producing state in the country. But, last year production dropped dramatically due to a warmer winter, early blooms, and harsh spring frosts. The total production from the state plummeted from 1.2 million pounds in 2011, to just 710,000 pounds in 2012.

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Business
5:00 am
Tue June 4, 2013

New office space aims to attract cutting-edge companies

Rendering of the proposed innovative building
Credit Uniland Development Company

A western New York development company unveiled its plans to build a new innovative office space in downtown Buffalo when completed the structure is expected to compare to Google and Yahoo’s office buildings.

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Business
7:00 am
Sun June 2, 2013

Niagara Falls, Canada on casino revenue sharing

As the Seneca Nation of Indians continues to withhold casino revenues payments from the cities of Niagara Falls and Buffalo in a dispute with New York State -- across the border a casino agreement was hammered out for the Ontario government.  WBFO'S Eileen Buckley talked with the Mayor of Niagara Falls, Canada about a new casino revenue sharing formula.

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Business
9:16 am
Fri May 31, 2013

Peace Bridge politics affecting U.S. trade and commerce?

Peace Bridge Plaza
Credit Ashley Hassett / WBFO News

Controversy is overshadowing proposed improvements to the U.S. side of the Peace Bridge. The proposal is dividing members of the bi-national authority that administers the key piece of infrastructure.

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Business
4:57 pm
Wed May 22, 2013

Cuomo plan links SUNY tax-free zones with new business

Tax Free NY
Credit Ashley Hassett / WBFO News

Governor Andrew Cuomo outlined a plan while visiting the University at Buffalo campus Wednesday to encourage new businesses to locate near SUNY campuses. The initiative called “Tax Free NY” would allow businesses to operate without paying income, sales, property, or business taxes for ten years.

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Business
2:38 pm
Wed May 22, 2013

Fisher-Price moving or eliminating 100 East Aurora jobs

Toy maker Fisher-Price says it's moving or eliminating roughly 100 jobs from its New York operations.

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Business
10:48 am
Tue May 14, 2013

New business coming to Elmwood Village

Building on Elmwood will house new yogurt shop
Photo from Google Street view

A brand new business is set to open up along the Elmwood strip in Buffalo. WBFO'S Eileen Buckley says White Rabbit Frozen Yogurt will open in June in the Elmwood Village.

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Business
5:00 am
Mon May 13, 2013

Pushing for Niagara Tourism bucks

Niagara Falls
Credit WBFO News file photo

Governor Andrew Cuomo is spending millions more dollars on tourism and the man in charge of tourism in Niagara County says that's great news.

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Business
10:03 am
Wed May 8, 2013

Program aims to boost entrepreneurship in region

Entrepreneurs
Credit AGmakonts

The SUNY Research Foundation is funding several institutions of higher education, including five in upstate. The funds will be used to foster entrepreneurship across New York State.

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Business
9:35 am
Wed May 8, 2013

Bass Pro selects Niagara-On-The-Lake for new store

Bass Pro's plan for Niagara Outpost
Photo from Bass Pro Shops Website

Bass Pro is coming.  No, really. Bass Pro is coming across the border to Niagara-On-The-Lake, Ontario.

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Business
10:12 am
Mon May 6, 2013

Downtown Buffalo's construction buzz

Buffalo Mayor Byron Brown
Credit WBFO News photos by Eileen Buckley

The buzz of construction can be heard in parts of downtown Buffalo as major economic development kicks into high gear. The Mayor promises the city's future is on the rise.

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Business
4:21 pm
Thu May 2, 2013

Regional Council investing in manufacturing sector

WNY REDC recommends some of Buffalo Billion be put toward manufacturing sector
Credit Ashley Hassett / WBFO

The Western New York Regional Economic Development Council says it will invest some of the 'Buffalo Billion' funds in the state budget into addressing the shortage of workers in the advanced manufacturing sector.

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