Business

Business
10:07 am
Tue February 25, 2014

IBM picks Buffalo for 'deep research' facility

Gov. Andrew Cuomo and Buffalo Mayor Byron Brown talk about the impact a new IBM facility will have on the city.
Credit Chris Caya/WBFO News

Governor Andrew Cuomo says it is a "big win" to have IBM as the anchor tenant in the new Buffalo IT Innovation and Commercialization Hub.

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Hearthstone Manor
8:43 pm
Thu February 20, 2014

Hearthstone Manor is closing

The Hearthstone Manor in Depew is closing its doors.

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Business
5:46 pm
Fri February 7, 2014

Higgins tops list of region's movers and shakers

Credit bizjournals.com/buffalo

Business First is out with its list of the most influential people in Western New York. Rep. Brian Higgins tops this year's Power 250 list.

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Business
3:39 pm
Wed February 5, 2014

State launches $5 million Buffalo business competition

Credit 43north.org

A new competition has been launched to encourage startup businesses from across the globe to grow in Western New York.

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Business
4:01 pm
Thu January 16, 2014

Partnership endorses Cuomo's tax relief plan

Credit Chris Caya/WBFO News

The Buffalo Niagara Partnership and a bipartisan group of the region's state delegation are endorsing Governor Andrew Cuomo's business tax relief plan.

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Business
2:39 pm
Tue January 7, 2014

Local businesses cope with winter weather

The 2014 blizzard passing through the city of Buffalo.
Credit Ashley Hirtzel / WBFO News

As the frigid temperatures and blowing snow move through western New York Tuesday many local businesses are still working hard. The restaurant Just Pizza says they’re delivering food to areas without driving bans.

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Business
10:05 am
Mon December 30, 2013

Local cab company promotes safe New Year's ride home

Bill Yunke, president of Liberty Yellow Cab in Buffalo.
Credit WBFO News photos by Eileen Buckley

In this digital age, we often use the expression 'There's an app for that." As WBFO's Eileen Buckley, reports Liberty Yellow Cab in Buffalo has a smartphone app to inform customers their ride is on its way.


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Business
12:31 pm
Thu December 19, 2013

Crosby tapped as First Niagara President and CEO

Gary M. Crosby

A man who oversaw a five-year revamp of the Buffalo Public Schools' operations and finances is the new President and Chief Executive Officer at First Niagara Financial Group.

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Business
12:15 pm
Mon December 16, 2013

Uniland receives tax breaks for Delaware/Chippewa project

An artist rendering of the proposed project
Credit File photo

Uniland Development has received $9.6 million in tax breaks from the Erie County Industrial Development Agency for a major project at a high-profile intersection in downtown Buffalo. 

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Business
1:36 pm
Mon December 2, 2013

IDA committee approves Uniland tax breaks

Credit Chris Caya/WBFO News

Uniland Development's tax break request for a new office building in downtown Buffalo has one more hurdle to clear.

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Business
12:37 pm
Mon November 18, 2013

ECIDA grants tax breaks to Delaware North HQ

An artist rendering of the proposed complex
Credit File photo

The Erie County Industrial Development Agency voted unanimously Monday morning in favor of sales tax abatements for planned new corporate headquarters for Delaware North Companies.

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Delaware North Expansion
8:51 pm
Fri November 8, 2013

Uniland scales back on tax incentive request for Delaware North project

Proposed headquarters for Delaware North

Uniland Development will submit a revised application for financial incentives to the Erie County Industrial Development Agency next week for its proposed Delaware North project. 

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Business
1:21 pm
Thu October 31, 2013

Business competition to attract entrepreneurs from around the world to Buffalo

The city of Buffalo
Credit Ashley Hirtzel / WBFO News

A new business competition is expected to attract entrepreneurs from around the world to Western New York. The “Build It Buffalo” business plan competition is expected to be the most ambitious the United States has ever seen.

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Business
4:32 pm
Wed October 30, 2013

Cheese producer expanding, creating 200 jobs in Chautauqua County

State tax credits are helping a Southern Tier cheese manufacturer expand its operations.

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Nanotechnology
8:55 am
Fri October 25, 2013

Governor pushing nanotechnology sector in Buffalo

Governor's nanotechnology initiative could benefit the Buffalo Niagara Medical Campus
Credit Courtesy of Buffalo Niagara Medical Campus

The Cuomo administration is looking into creating a nanotechnology sector in Buffalo.

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Business
10:40 am
Mon October 21, 2013

Volunteering website created upstate works to expand across US

The GiveGab crew. (Charlie Mulligan and Aaron Godert are pictured.)
Credit Jay Rogan / GiveGab Product Manager

The U.S. Bureau of Labor Statistics estimates nearly 65 million people volunteered through or for an organization in 2012. One social networking site is now focusing on the volunteer sector.

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Business
4:02 pm
Fri October 11, 2013

Yahoo! proceeds with Lockport expansion

Yahoo!
Credit The Last Paladin / Some Rights Reserved

Internet giant Yahoo! is moving ahead with its expansion in Lockport. The company’s plans for a second data center in western New York were released back in March, but only received official approval recently.

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Business
4:59 pm
Mon October 7, 2013

Weekend event connects startups with business experts

Jon Spitz and Jonathan Gorczyca
Credit Ashley Hirtzel / WBFO News

An event that helps new small businesses leverage support and gain feedback for their ideas was held at the University at Buffalo last weekend.

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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.

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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. 


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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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