Business/Economy

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

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.

WBFO's Mike Desmond

A big food fight on Hertel Avenue is looming, with the Lexington Co-op's new store a month away from opening and Dash's Market a football field away and in the late stages of getting permission for a new store complex.

WBFO File Photo

A Western New York Congressman is throwing his support behind a bill that seeks to fill jobs with trained apprentices by offering federal tax credits to those who do the hiring.


Lyft

Lyft says it has already recruited thousands of potential drivers ahead of its upstate New York launch later this month.

Michael Mroziak, WBFO

A North Tonawanda business plans to boost its workforce in order to produce a new line of materials. New York State is offering some financial help to make it happen.


It's official: ride-hailing arrives Upstate 6/29

Jun 6, 2017

Upstate New York, your Uber is arriving.

At a cost of over $600 million, the SolarCity project in Buffalo's Riverbend section represents one of the costliest efforts ever for New York taxpayers. The costs, however, didn't stop with construction. After sifting through thousands of pages of documents, Charlotte Keith of Investigative Post has placed a spotlight on how the public has been footing the bill for a wide array of expenses.


WRVO's Ellen Abbott

A new report chronicles the issues facing undocumented workers at dairy farms across Upstate New York. The study contends that growth of the state's dairy industry in recent years has been achieved on the backs of immigrant farm workers who have few labor rights.

WBFO File Photo/Karen Dewitt

An annual competition that awards business startups up to one million dollars, as well as other incentives to develop in Buffalo, is now beginning the task of picking its 2017 winner. They'll continue to award startups much-needed cash boosts for years to come. One of Governor Andrew Cuomo's top economic development leaders explained why the program is working.


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