WBFO Business & Economy Desk

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

Michael Mroziak, WBFO

Hilbert College played host to a forum on online security in the workplace. While the event was planned weeks in advance, recent global attacks on networks - including one against Erie County Medical Center last month - made Wednesday morning's forum more timely.


Michael Mroziak, WBFO

A Canadian businessman and his local partners say they're still proceeding with plans to redevelop Buffalo's Central Terminal. Harry Stinson and his peers hosted a news conference at the East Side landmark Tuesday morning to offer their side of the story, two weeks after it was announced their developmental agreement would not be renewed.


Chris Caya WBFO News

A new mixed-use building is now open on what was a vacant lot on Buffalo's West Side.

Iconic Niagara Falls shop Mario's closes after 85 years

May 15, 2017
Michael Mroziak, WBFO

For many Niagara Falls residents, this past weekend marked the end of an era. Mario's, a small family-owned grocery and novelty store located in the heart of the city's "Little Italy" section, closed its doors on Saturday after a run dating back to the 1930s.

Chris Caya WBFO News

The Downtown Country Market celebrated the start of its 35th season on Main Street in Buffalo on Thursday.

One of the top issues remaining before the state Legislature adjourns for the summer is fixing problems in the state’s economic development contracts. That’s after a scandal led to federal corruption charges against nine former associates of Gov. Andrew Cuomo.


Discover Niagara Shuttle opens for second season

May 9, 2017
Michael Mroziak, WBFO

A complimentary transportation service that connected numerous tourist attractions in Niagara County is opening for its second season, expanding its list of destinations stretching from Niagara Falls to Youngstown.


Chris Caya WBFO News

New life has been breathed into a historic building in Buffalo's Theatre District.

WBFO file photo

With hopes of reopening a cherished East Side landmark as a train station now put to rest, the Central Terminal Restoration Corporation is turning to a real estate and land use firm to study and recommend future possibilities for the terminal property.


Eden Valley Growers Assoc.

This unusually wet spring is being taken with a grain of salt by at least one local farmer. Despite the record breaking amount of rain, so far the growing season is right on track in the Eden Valley.

YFS group

A local biotech company continues growing, thanks in part to the state's Startup New York program.

WBFO file photo

The group overseeing a cherished landmark on Buffalo's East Side has decided not to renew an agreement that gave a Toronto-based firm development rights.

Sumitomo Rubber USA

A local manufacturer is moving ahead with a multi-million dollar expansion. The project - which is being driven in part by state and local incentives - is expected to create dozens of new jobs


Michael Mroziak, WBFO

Three prominent names in Buffalo-area health care are uniting to construct a new radiation oncology center in the Southtowns.


Michael Mroziak, WBFO

A building in Buffalo's Cobblestone District, purchased earlier this year by Pegula Sports and Entertainment, will soon be home to a new restaurant and pilot brewery, as well as other mixed uses. Officials from PSE and Labatt USA announced plans for redevelopment inside the building at 79 Perry.


Michael Mroziak, WBFO

President Trump has turned up the heat on long-simmering trade disputes between the U.S. and Canada. While stating that it's a appropriate to look out for the interests of U.S. producers, some locally are expressing concern over the way Trump is tackling the matter.


WBFO File Photo

Newly named Buffalo Zoo president and CEO Norah Fletchall will officially take the position on May 22. When she completes her move from the Indianapolis Zoological Society, where she has served most recently as a senior vice president and chief operating officer, she'll face the challenges of running a smaller zoo with fewer dollars and a mission to build upon last year's significant uptick in attendance.


BorderWorx Logistics

A new state-of-the-art warehouse and distribution facility with plans to create dozens of jobs has opened in the Town of Sanborn. The company, which serves the U.S. and Canadian markets, also purchased lots of land for future expansion. 

 

Buffalo IT company EmergenceTek plans to add 40 jobs

Apr 21, 2017
Michael Mroziak, WBFO

A Buffalo business born five years ago in an apartment has opened its new headquarters in downtown Buffalo and, with the support of a New York State tax credit program, plans to more than double its workforce.


Chris Caya WBFO News

Several partners, including employers, and state and local government, are teaming up to host "Buffalo Works" - a week of job fairs across the city.

What began as an effort to replace a crumbling, cramped train station on Buffalo's Exchange Street "has evolved into a Peace Bridge-like debate," said Jim Fink of Business First. During his monthly appearance on WBFO's Press Pass, Fink points out that Amtrak typically serves about 400 passengers each day in the Buffalo area. The location of a new station may have little effect on that number. 


Small Business Festival

The arrival of warmer weather signals the unofficial start of "festival season" in Western New York. And this year's line up includes the region's first ever "Small Business Festival."


Rosanna Masucci / U.S. Department of Commerce

Canada is recognized as the United States’ largest single export market, but what is stopping local business owners from selling to Canadians?

Chris Caya WBFO News

Ride-hailing services are expected to be up and running across the region in about 90 days, according to State Senator Tim Kennedy.

Chris Jacobs / New York State Senate

Western New York business leaders are praising the passage of workers’ compensation reforms in this year’s state budget.

NYS Governor's Office

With the passage of the state budget, lawmakers have approved the Buffalo Billion II, the second wave of Gov. Andrew Cuomo's economic development plan for Western New York.  The $400 million in state dollars will help boost some high-profile projects. But there are those who believe the program's lack of transparency makes it vulnerable to corruption.


Google Maps

A Buffalo charter school hopes it will get the green light  Monday evening to move forward with an $11 million expansion project on its North Buffalo campus.


Chris Caya/WBFO News

Faced with changing church-going habits, some houses of worship are branching out to maintain their presence in the community. Some are renting space, while others are tackling economic development. 

NFTA

The NFTA is trying to entice local companies to take part in a new discount pass program for their employees. Increasing Metro ridership, the authority says, could have several benefits for community members.  

Destination Niagara USA

The local economy could take a hit in the coming months if tourism drops off. A recent study by Tourism Economics projects that the U.S. will see more than 4 million fewer international visitors because of President Trump's travel bans.


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