WBFO Business & Economy Desk

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

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.


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.


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