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

KeyBank closing ten area branches

Mar 26, 2014

KeyBank kas announced it will close ten area branches in July and August.

As ConAgra Foods prepares to close its Carriage House plants in Fredonia and Dunkirk, Rep. Tom Reed says lawmakers are working hard to ensure other businesses don’t do the same.

Mortgage company expanding, adding 249 jobs

Mar 13, 2014

A local mortgage servicing company is planning a move and expansion that will nearly double its workforce.

Buffalo ranked most affordable city in America

Mar 11, 2014
Ashley Hirtzel / WBFO News

Buffalo has been named the most affordable city in America by Forbes magazine.

Mike Desmond/WBFO News

Manufacturing remains a key part of the local economy, with 50,000 jobs, 2,000 companies, and $5 billion in gross regional product. That's why Governor Cuomo is putting $45 million into the Buffalo Niagara Institute for Advanced Manufacturing Competitiveness.

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.

The Hearthstone Manor in Depew is closing its doors.

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.

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

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.

Local businesses cope with winter weather

Jan 7, 2014
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.

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.

Crosby tapped as First Niagara President and CEO

Dec 19, 2013

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.

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. 

Chris Caya/WBFO News

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

ECIDA grants tax breaks to Delaware North HQ

Nov 18, 2013
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.

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. 

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.

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

Courtesy of Buffalo Niagara Medical Campus

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

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.

Yahoo! proceeds with Lockport expansion

Oct 11, 2013
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.

Weekend event connects startups with business experts

Oct 7, 2013
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.

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.

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.

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.

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.

GiGi's Soul Food still cooking years later

Aug 26, 2013
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.

Photo from Horsefeathers Website

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

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.