Business/Economy

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

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.

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.

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. 


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.

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.

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