Business owners and employees of Buffalo bars and restaurants are breathing a sigh of relief with news that the National Hockey League and its players have reached a tentative deal on a new collective bargaining agreement.
More new housing is going up near the Buffalo Niagara Medical Campus. State and local elected officials and religious leaders officially broke ground Friday, December 14, 2012 for 49-new townhomes at the corner of Maple and Virginia Streets in Buffalo.
A big emphasize is being placed on supporting local merchants this holiday shopping season. The tourism group Visit Buffalo Niagara is reminding citizens about our independent retailers and encouraging Canadians to head over the border for their Christmas shopping.
Buffalo businessman Mark Croce continues the huge task of working to renovate the Statler Towers on Delaware Avenue. It's one of many revitalization projects underway in the city. WBFO's Eileen Buckley and Buffalo News reporter Brian Meyer discusses Croce's progress in this week's Press Pass conversation.
The historic Statler Towers in downtown Buffalo still looks a little tattered outside and the safety scaffolding remains in place in case more of the outside falls off. But the proprietor, Buffalo developer Mark Croce, says things are going well inside.
Wal-Mart workers and their supporters used Black Friday to stage a series of protests outside stores nationwide, including one in the Buffalo area. They blasted the low wages Wal-Mart pays as well as the way the retailer treats its employees.
Friday is a work day in Canada, but Black Friday being pushed in Ontario. Black Friday is said to be the day when shopping the day after American Thanksgiving turns corporate books from red ink to black ink.
There appears to be no end in sight to the hockey lockout. The National Hockey League on Friday announced the cancelation of regular-season schedule through the end of November.
The lockout is having a significant effect on local businesses that rely on hockey-generated revenue. Friday afternoon, a group of local business owners gathered to discuss the economic impact of the ongoing stalemate.
Templeton Landing manager Christy Vukelic says says the lockout has had a devastating effect on her business and she has had to lay off workers.
An investment group featured two local developers submitted the winning bid for the Grand Island Holiday Inn Resort and Conference Center Wednesday morning.
Business First reports that in an auction that included ten registered bidders, a group led by developer Roger Trettel came out on top with a $4 million bid. The winning group outbid a firm from Elmira in what the publication calls a "hectic" auction that featured 19 back-and-forth bids.
DuPont has also announced a worldwide reduction of 1,500 jobs over the next 12 to 18 months. That will include some positions at DuPont's Yerkes plant in Tonawanda by the end of the year.
Weak quarterly earnings reports and lower profit expectations from 3M and DuPont sent stocks tumbling today. The company blames continued low production volumes at the Tonawanda plant at River Road and Sheridan Drive.
A private Canadian company based just across the border near St. Catharines is setting up shop on Buffalo's East Side. The expansion project will help create jobs and keep the doors open at a manufacturing facility that was about to close.
Businessman Tony Van Es has purchased a troubled manufacturer at 50 Wecker Street just off Bailey near Delevan. He is renovating the facility, buying new equipment and planning to add as many 60 employees over the next few years.
With massive economic development growth expected at the Buffalo Niagara Medical Campus, it will be key to create a proper street flow along Ellicott Street. But a redevelopment project has hit a major delay.
A contractor with a track record of incomplete local projects is to blame. Man O' Trees has also failed to complete the Martin Luther King splash pad and a major reconstruction project in Niagara Falls.
State Senator Tim Kennedy is proposing legislation that limits the annual fees municipalities across New York can charge mobile food vendors.
Kennedy says the food truck industry is booming, but inflated fees charged by municipalities are putting the brakes on mobile food vendors. The South Buffalo Democrat says his proposal will protect local control over regulating where and when food trucks do business.
Catholic Health, the area's second-largest health care provider, has announced plans to build a new six-story administration building along the Elm-Oak Arterial downtown.
Groundbreaking for the $46 million headquarters and training facility is scheduled for October 30, with completion projected for the summer of 2014. The new building will be at 144 Genesee Street, between Elm and Oak Streets, just south of the Kensington Expressway terminus.
The Niagara County Industrial Development Agency has approved tax assistance for a company that plans reopen the historic Niagara Hotel.
JSK International Corp. plans to fully restore the hotel at 201 Rainbow Boulevard in the City of Niagara Falls. JSK was approved for a 10-year sales tax abatement program of a little more than $3 million.
Niagara IDA chairman Henry Sloma tells WBFO News the assistance will allow the company to fully restore the hotel on Rainbow Boulevard.