WBFO Business & Economy Desk

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

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.


Chris Caya WBFO News

The first phase of redeveloping one Buffalo's most iconic structures is complete. State and local officials helped cut the ribbon Thursday on the Richardson Olmsted Campus.

Michael Mroziak, WBFO

Guests at one downtown Buffalo hotel may now find some of their room service requests fulfilled by a short, silver butler who doesn't work for tips. The Westin Buffalo on Thursday formally introduced what managers say is the first robot butler to be utilized in any hotel in New York State.


While Governor Andrew Cuomo has hailed his administration's multi-billion dollar economic development investment in Upstate New York, the number of jobs produced by the effort sits well below national averages. That's part of the findings from a series of reports led by Investigative Post. Editor Jim Heaney discussed the series with WBFO.


AAA of Western & Central New York

If you’re planning to embark on a road trip this summer, be prepared to pay more at the pump.

rendering from BNHT Architects

A vacant building in a struggling area will be getting a makeover, after approval from the city Planning Board. The $5 million project at Jewett Avenue and Halbert looks to build upon the successful development of the nearby Tri-Main Center.


Karen DeWitt

Proponents of raising taxes on New York’s wealthiest say they have a new impetus to increase the state’s revenue — the continued bad news from Washington about deep federal cuts to health care and other areas.


NFTA

Plans for expanding Metro Rail service could be derailed under President Trump's proposed budget. And local economic development efforts may take a hit as a result.   

NYS Maple Producers Assoc.

This week's fresh blanket of snow should provide a nice scenic backdrop for what promises to be a sweet and tasty event in the countryside. Maple Weekend also provides an economic boost for the region. 

WBFO file photo

What does $50 buy in downtown Buffalo? When the city is hosting an NCAA basketball tournament, that's how much a parking spot might cost at certain times in prime lots.

by ANGELICA A. MORRISON / Lake Effect man on the handle of a beer tap at the Pearl Street Grill and Brewery in Buffalo New York.

Residents in the Great Lakes region are very familiar with Lake Effect snows. When cold, dry air passes over the lakes, it generates enough snow to bring white outs, vehicle pile ups, power outages and back-breaking shoveling. Despite all those problems, dozens of businesses and organizations have embraced the Lake Effect name.


Mike Desmond/WBFO News

The state treasury has  $14.5 billion of someone else's money, potentially your money. State Comptroller Thomas DiNapoli is trying to give it back.


For the sixth time since 2000, the NCAA Men's Basketball Tournament comes to Buffalo this week. The experience has helped tourism officials better plan for the crush of visitors, says Jim Fink of Business First. During WBFO's Press Pass, Fink talks about the tournament and the many development projects that are emerging in some long-forgotten parts of Buffalo.


When people hear the term “student loans,” they typically think of tuition bills, pricey textbooks and other campus-related expenses.

Bak USA

Bak USA is expanding its production facilities in downtown Buffalo to meet increasing demands for the company's computers.

Future of downtown movie screens remains dark

Mar 13, 2017
WBFO File Photo

In recent years the City of Buffalo has seen an increase in the number of residents living downtown. Vehicular traffic has returned to Main Street. And more restaurants and shops have opened. But there's still no movie theater.


Michael Mroziak, WBFO

The Buffalo-based business competition 43North, which has awarded millions of dollars to startups for the past three years, has officially launched its fourth annual contest. To help kick off the event Friday, guests including elected leaders and representatives of past winners took turns praising the program.


Mike Desmond/WBFO News

There's another fight brewing over a decaying Buffalo building. While it may be one of the oldest surviving structures in the city, the building currently features boarded up windows.


Chris Caya/WBFO News

Work on the $60 million Northland Corridor Redevelopment Project is ramping up. The focus of the mostly-state funded project is a workforce training center.

Michael Mroziak, WBFO

A downtown Buffalo casino is nearly finished with its $40 million dollar expansion. Casino officials invited local reporters to preview some of the new additions Thursday.


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