WBFO Business & Economy Desk

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

Level Financial Advisors

Think all millennials are spending their money on expensive coffee and avocado toast? If so, you might be surprised by the results of a new Bank of America survey.

Chris Caya WBFO News

A sidewalk along a busy stretch of Walden Avenue, in Cheektowaga, was the scene of a rally, Friday morning. Workers at Wendt Corporation say they're being mistreated.


Flyfrontier.com

Frontier Airlines will soon be flying to more destinations from the Buffalo-Niagara International Airport.

Chris Caya WBFO News

While the use of technology continues to grow, a new survey of local CEOs shows many companies across the region are slow to change.


Chris Caya WBFO News

Confidence in New York's economy among upstate CEOs is down compared to a year ago.

Chris Caya WBFO News

A project designed to control invasive species in the Niagara River Gorge, and boost tourism, is set to get underway in Niagara Falls Tuesday.

WebMD

An aneurysm is essentially a bubble on a blood vessel. If it ruptures, about 40 percent of those people die. A local startup corporation is working on a simple blood test to detect these health threats in the brain.

A Republican candidate for governor is calling for hearings on controversial tourism signs on the New York State Thruway and other highways set up by the Cuomo Administration. The federal government says the signs are illegal and will withhold federal funds if they are not removed.


Roswell Park Comprehensive Cancer CEnter

For the third time in its 120-year history, Roswell Park Comprehensive Cancer Center aired a commercial during the Super Bowl. This year’s message was focused on hope and reaching a wide audience.

Wallethub

New York’s economy benefits from immigrants more than any other state, according to a new national study.

WalletHub, a personal finance website, analyzed 19 metrics and assigned each state a score based on  the economic impact of immigrants. New York topped the list, followed by California and New Jersey.

The data weighed included immigrants’ household incomes, the number of jobs created by international students and their contributions to innovation.

Mike Desmond / WBFO News

This spring, when you head into your favorite licensed establishment and look at the taps, you will see a new beer with an old name. Buffalo's Community Beer Works is reviving Iroquois Beer.

Avery Schneider / WBFO News

A group of advocates say a state law that helps ensure employment opportunities for people with disabilities is in need of an overhaul.


Karen DeWitt

The head of Gov. Andrew Cuomo’s economic development programs said he doesn’t think federal corruption trials now taking place will have any effect on the projects.


WBFO file photo

Forty doctors at Roswell Park Comprehensive Cancer Center have been honored in an annual directory that recognizes physicians chosen by their peers.


Mike Desmond / WBFO News

Reaching back half a century to Martin Luther King Jr., economic activists have revived King's Poor People's Campaign with the Truth Commission on Poverty.

Mike Desmond / WBFO News

Pushed hard by Allentown residents, Buffalo's Common Council is now shoving back against the long and slow expansion of bars along Allen Street.

Colored Musicians Club

Prosperity Fellows are at the Colored Musicians Club Thursday and touring the Michigan Street African American Heritage Corridor - talking to entrepreneurs, non-profit leaders and other changemakers. It is part of an active effort to keep the people here who were educated in local colleges and universities.

Michael Mroziak, WBFO

Construction continues on the Northland Workforce Training Center in Buffalo's East Side, a project that many look upon as the anchor of broader Northland Corridor redevelopment. On Tuesday, elected officials, labor leaders and representatives of the financial community announced that millions of dollars in new markets tax credits are fueling the project, warning that federal tax reform has threatened the future use of such credits.


For decades, Women and Children's Hospital was central to life in the Elmwood Village.  Though the massive structure currently sits vacant, the property still stands as a key part of the neighborhood's future. During his monthly appearance on WBFO's Press Pass, Jim Fink of Business First outlined developers' plans to transform the site into hundreds of residences.


M&T Bank

With the music of the Buffalo Philharmonic Orchestra and the singing of the Westminster Presbyterian Church choir, the community remembered M&T Bank Chairman Robert Wilmers, who died in December at the age of 83.

Eileen Buckley / WBFO News

M&T Bank Chairman Robert Wilmers was remembered during a memorial service Monday, but one of the bank's top officials says his way of running the bank and the way he treated people both inside and outside the bank will continue.

Michael Mroziak, WBFO

The Erie Canal Harbor Development Corporation has awarded a contract to an engineering firm that will be responsible for overseeing numerous elements of a forthcoming construction in Buffalo's Canalside.


Apple

If at first you don't succeed.... Erie County Legislature Minority Leader Joseph Lorigo says Apple may a better fit for Western New York than Amazon.

Mike Desmond / WBFO News

You can't see it from Genesee Street in Cheektowaga, but might see it from an airplane flying in or out of Buffalo Niagara International Airport. Calspan unveiled its new $20 million automotive crash-test facility Thursday.

Small Business Administration

The head of the federal government's Small Business Administration is coming to Buffalo Friday to meet with local small business owners while raising awareness of her agency and the services they offer beyond loans.

YouTube

Toronto has made the short list of 20 North American cities that are still in running for Amazon’s second headquarters.


A report by Gov. Andrew Cuomo’s tax department lists ways that New Yorkers could get around the loss of some of their state and local tax deductions under the new law. But all of them come with complications.


ECHDC

Some $5 million is expected to start flowing around Memorial Day into a major expansion of activities on Buffalo's Outer Harbor. However, the major discussion in two meetings Tuesday revolved around a plan for mountain biking trails.

Governor Cuomo's Flickr feed

Gov. Andrew Cuomo unveiled a $168 billion budget plan that would close an over $4 billion gap by reducing some spending and imposing tax increases on health insurers, big businesses and prescription opioid users, among others. Cuomo said he also wants to look into legalizing marijuana in New York.


Google Maps

Trouble is brewing for iconic Canadian coffee and doughnut chain Tim Hortons. It’s over Ontario’s increase to the minimum wage. The chain has become the target of a public and labor backlash in the fight against the wage increase.


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