Business news

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.

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 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.

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.

Tishman Building renovation underway

Jun 21, 2013
Wikimedia Commons

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

Chris Caya WBFO News

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

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.

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.

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

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.

Fighting fire blight in New York's apple industry

Jun 4, 2013
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.

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.

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.

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.

Cuomo plan links SUNY tax-free zones with new business

May 22, 2013
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.

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

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.

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.

Program aims to boost entrepreneurship in region

May 8, 2013

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.

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.

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.

Regional Council investing in manufacturing sector

May 2, 2013
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.

Ashley Hassett / WBFO

The Maid of the Mist tour boats have been working out of the American side of Niagara Falls for 167 years. Development has just resumed on the operation’s new maintenance dock, after delays caused by local opposition.

Genesee Gateway growth

Apr 30, 2013
WBFO News photo by Mike Desmond

There has been enough development in downtown Buffalo that projects are starting to feed off each other. 

A major effort is underway to entice the Buffalo Bills to build a brand new stadium on the city's waterfront. In this week's Press Pass conversation, WBFO'S Eileen Buckley and Buffalo News reporter Brian Meyer discuss the proposal that calls for a year-round facility featuring a retractable roof. But land ownership needs to be cleared as a first hurdle for such a project.

WBFO News file photo

Empire State Development approved funding for two upstate food and agriculture related measures in their meeting Friday.

The Buffalo Niagara Partnership, the region's business advocacy group, has named Dottie Gallagher-Cohen as its next president.

WBFO News by photo Mike Desmond

American manufacturing is doing better and production is moving on-shore from off-shore, but problems remain.  The topic was addressed Monday night at a town hall style meeting held in downtown Buffalo.

Photo from Alliance for American Manufacturing Web video

Rebuilding the manufacturing base and creating jobs in western New York is the focus of a town hall meeting being held in downtown Buffalo Monday night.

Photo from Seth Godin's Website

Seth Godin may be a marketer, a best-selling author, public intellectual and founder of successful web sites, but when asked for a description, he came up with "ruckus-maker."