WBFO Business & Economy Desk

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

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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.


Governor's Office

Gov. Andrew Cuomo delivers his budget Tuesday, and the news is not expected to be good.


Sam's Club

The Sam’s Club store in Jamestown is closing January 26, just one of 63 Sam’s Club stores across the U.S. to close.

Architectural Resoirces

The debate continues over the future of Ascension Church, the landmark Linwood Avenue structure which the Episcopal Diocese wants to turn into senior housing. Common Council members on Tuesday heard disparate viewpoints on the $7 million proposal.

Buffalo Rising

Large development projects like John R. Oishei Children's Hospital helped to change the face of Buffalo in 2017. While big projects continue in 2018, some smaller, niche startups are bringing flavor to city neighborhoods. On WBFO's Press Pass, DeChantell and Jessica Marinelli of Buffalo Rising discuss two such efforts: an artisan-tailored butchery on Grant Street and a plant-based cafe and market.


Monday was the first full day of session in the New York State legislature, and lawmakers have a lot to contend with, including a multi billion dollar budget deficit.


Chris Caya WBFO News

Senator Kirsten Gillibrand made a quick stop in the Buffalo area Monday to hear about the benefits of working for an employee owned company.

Michael Mroziak / WBFO News

With the new federal tax law in place, local developers are breathing a sigh of relief that it wasn't worse for them. There had been a concern historic preservation tax credits would be abandoned and this method of early financing has been key in adaptive reuse of many older buildings in Buffalo.

Sen. Jacobs office

A local member of the state delegation is calling on New York's Department of Labor to abandon a proposed Employee Scheduling rule. Opponents of the rule say it could do more harm than good.

lanova-pizza.com

The long wait is almost over for Buffalo Bills fans. For the first time in 18 years the Bills are in the playoffs and will take on the Jacksonville Jaguars in a wild card game Sunday. Win or lose, the game should give some local businesses a reason to shout.  


Chris Caya WBFO News

Several startups are beginning the New Year settling in to their new home on the Buffalo Niagara Medical Campus. Wednesday marked move-in day for the newest class of 43North winners. 

Classic Fence consumer complaints settled by AG

Jan 3, 2018
Classic Fence and Lumber

The New York State Attorney General's Office says it has reached a settlement with an Amherst fence company that bilked New Yorkers out of $50,000.

James Hoggard

Plans are set to be unveiled Wednesday for bringing new life to an old rail corridor in Buffalo.

WBFO file photo

Not everyone's on board with shoring up the Central Terminal with  funding from the second round of the Buffalo Billion.

Michael Mroziak, WBFO

Remember the pinball machine? The longtime mainstay of arcades and barrooms has never gone away. To the contrary, the machines are enjoying a modest comeback. This Saturday, a local women's league will be celebrating their cherished game - and hoping to attract more local women participants - with the Holiday Silverball Crawl.


BNP

A new campaign is underway to promote the positive impact that adaptive reuse projects have had in the City of Buffalo. The goal is to prevent potential changes that supporters say could derail the city's renaissance.

WBFO file photo

Even with the passage of 35 years, Noel Varela has all-too-vivid memories of December 27, 1982. On this day, Bethlehem Steel announced plans to shut down nearly all steelmaking operations at its Lackawanna Plant within six months.

National Public Radio

Under a new state policy taking effect January 1, workers across New York will be eligible for Paid Family Leave. 


The Lockport and Newfane-based hospitals of the Eastern Niagara Health System will soon join the Kaleida Health family.


Local developers have been watching Washington carefully, as Republicans in the two houses put together their tax bill, with potentially devastating effects on local development.

National Public Radio

New York Gov. Andrew Cuomo, who has instituted a minimum wage increase for most workers in the state, now wants to extend that rate to tipped workers, including wait staff and car washers. That news is causing a backlash from restaurant owners and small business groups.


City of Buffalo

The Jefferson Avenue business district, in Buffalo, is slated for some major improvements. And it's starting out with free Wi-Fi.

Mike Desmond / WBFO News

One of Western New York's most powerful business and civic leaders has died. Robert G. Wilmers, the CEO and chairman of M&T Bank, died unexpectedly Saturday night in New York City.

Michael Mroziak, WBFO

Several months after Empire State Development announced plans by a New York City-based company to create hundreds of jobs in the Buffalo area, the ribbon was cut on its new offices. Strategic Financial Solutions, with the help of incentives from New York State, aims to create 1,500 jobs over the next five years.


National Public Radio

The Federal Communications Commission voted Thursday to end rules making the internet open to all - what is called net neutrality - and by the end of the day, New York State Attorney General Erie Schneiderman said, "See you in court."

Karen Dewitt File Photo / WBFO News

A ceremony to award economic development grants to regions of the state was overshadowed by developments on the federal tax overhaul plan in Washington, as the House and Senate announced agreement on a final plan to be voted on as early as next week.


courtesy governor.ny.gov

Gov. Andrew Cuomo and other state leaders on Wednesday gathered in Albany to announce an estimated $800 million in awards for the state's Regional Economic Development Councils. Western New York will receive $68.8 million for more than 100 projects.


LaunchNY.org

Where do you go if you've got a great idea for a new product or business but need advice on how to get started? And how to fund your dream? A local organization is giving entrepreneurs across the region a leg up.

The Buffalo Niagara International Airport scored a victory when Frontier Airlines decided to provide service there. According to Jim Fink of Business First, the discount air carrier was also being pursued by airports in Rochester and Syracuse. Fink says Frontier will fill an area need when it begins flying from Buffalo to Denver.


Michael Mroziak, WBFO

Business leaders and local elected officials were both celebrating the announcement Monday morning that for the first time in seven years, flights directly to Albany will again be available from the Buffalo Niagara International Airport.


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