Business/Economy

The WBFO Business & Economy News Desk is funded by The M&T Charitable Foundation.

SolarCity

The co-founder of SolarCity, now owned by Tesla, is leaving the company.

National Grid

Could solar energy reduce costs in economically-challenged neighborhoods? That is what National Grid is looking to find out.

The Trump administration has released its broad goals for a new North American Free Trade Agreement, but the language is mostly vague and offers just enough clues to point to potentially tough negotiations ahead.

Barclay Damon

Jack Quinn may have retired as President of Erie Community College, but his long and high-profile career took only a short break. Quinn has quickly found a new position with the law firm Barclay Damon.

Days after dozens of Alfred Angelo Bridal stores closed with little or no warning, brides and their loved ones have been struggling to track down dresses they've paid for — and making contingency plans if they can't find them.

Alfred Angelo reportedly closed all of its 61 bridal stores at the end of business Thursday night as part of its plan to file for bankruptcy, infuriating customers and leaving employees in the lurch. The lawyer handling the case says she has received more than 7,000 emails about it.

Michael Mroziak, WBFO

A longtime daycare provider has opened a new facility in an underserved Buffalo neighborhood. A ribbon-cutting ceremony was held Friday morning at 377 Kensington Avenue for Mary's Little Lambs.


WBFO News file photo by Eileen Buckley

Kaleida Health has replaced Ciminelli Real Estate with Nick Sinatra of Sinatra & Company and Ellicott Development, owned by Carl and William Paladino, to redevelop the Women and Children’s Hospital site off Elmwood Avenue on Bryant Street in Buffalo, once it becomes vacant.

WBFO's Mike Desmond

Buffalo is getting $202,000 from the new operator of the Hatch restaurant at the Erie Basin Marina, which the City Comptroller says is a change from the old vender who cheated the city.

WBFO's Mike Desmond

It is going to be a few months before solar panels start coming out of the mammoth Riverbend complex in South Buffalo, but Panasonic is hiring.

Dairy Co-op earns state's "Grown & Certified" designation

Jul 12, 2017

A dairy cooperative headquartered in Cheektowaga has joined the ranks of companies recognized by New York State as "Grown and Certified."


Michael Mroziak, WBFO

With their own multi-million dollar investment and some help from New York State, nationally-known dairy producer HP Hood is taking over a former yogurt production plant in Batavia and will reopen it for their own milk production needs. At least 200 jobs are expected to be created.


GCDEC

Gov. Andrew Cuomo will be in Batavia on Tuesday to announce what he says will be details of a new partnership that will create hundreds of new jobs at an idle dairy facility.

WBFO's Mike Desmond

In this age of Uber and Lyft, the Niagara Falls City Council is tied up in a fight over regulation of taxis and livery services, once again turning out a crowd Monday night.

National Public Radio

It has been just over two weeks since ride-hailing services have been permitted outside New York City and Governor Andrew Cuomo said he is pleased so far.

Entrepreneur Magazine

Buffalo is becoming a hotbed for business entrepreneurs. The city is ranked number two on Entrepreneur Magazine’s list of booming communities for start-ups.

NFTA

The arrival of ride-hailing is apparently upsetting the airport finances of the Niagara Frontier Transportation Authority and potentially upsetting finances of the overall authority.

WBFO News file photo

How can you get a job if you can't get to the job? That was the theme of a new report from the Partnership for the Public Good.

The latest monthly survey on small business job growth by Paychex and the research firm IHS shows a decline in that growth, but an increase in wages.

Rocco Termini

There is yet another craft brewery on the way, in a planned neighborhood for millennial entrepreneurs in North Buffalo.

Recommendations for Central Terminal unveiled

Jun 30, 2017
Michael Mroziak, WBFO

The Urban Land Institute on Friday completed a week of studies and interviews, delivering its recommendations for how to redevelop Buffalo's Central Terminal.


Mike Desmond/WBFO News

In the world of high-tech and venture capitalism, there are three requirements: entrepreneurs, investors and customers. UB's Bright Buffalo Niagara Entrepreneur Expo on Wednesday looked to bring those parties together.


Mike Desmond/WBFO News

As the NFTA prepares environmental impact studies on a possible Metro Rail extension, planners are also looking at specific station sites and what development might take place around the locations. The issues were examined during a Wednesday public meeting at UB's Hayes Hall.


The typical nine-to-five shift is no longer the norm for millions of workers as the gig economy continues to dramatically expand.

The announced expansion plans for the Albright-Knox is not only good news for the cultural scene, it will also add to the economic vitality of Elmwood Avenue. According to Jim Fink of Business First, the museum's investment is the latest development for a stretch of the city that is generating major economic activity.

File Photo

Hours after announcing it would add a $3.50 fee for ride-hailing services to and from the Buffalo Niagara International Airport, the Niagara Frontier Transportation Authority announced it had reached agreements with ride-hailing providers Uber and Lyft, including one that reduces the previously-announced fee.

Michael Mroziak, WBFO

Three small businesses will spend the summer selling their wares from a downtown Buffalo storefront, rent-free, with the city's hope they'll eventually open a permanent shop along Main Street. The Queen City Pop-Up is underway with its sixth edition of an initiative that leaders say is resulting in new businesses opening downtown.


Michael Mroziak, WBFO

The Buffalo Niagara Partnership delivered its annual report to members Thursday morning, announcing an initiative to fine-tune job skill development in Western New York and a recently-formed alliance that aims to open doors on both sides of the US-Canada border.

WBFO's Mike Desmond

The Huntley power station in the Town of Tonawanda is now shuttered and Albany is giving the town some help to make up for the loss of tax revenue. However, that will run out over seven years, so residents are trying to figure out how to mitigate the loss.

Overwhelmed by the material from nearly three hours of public hearing yesterday, the city's Zoning Board of Appeals tabled a decision on the planned Chason Affinity project at Elmwood and Forest.


WBFO's Mike Desmond

With ride-hailing slated to start in a week, Lyft was in the Employment and Training Center Tuesday interviewing potential drivers.

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