Business/Economy

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

Cornell University

A colorful collection of stellar new grape tomato varieties has been released by Cornell University's plant-breeding program.

Mike Desmond / WBFO News

Buffalo's Zoning Board of Appeals is used to protesting opponents of projects and the zoning variances needed to build so many of them. On Wednesday, a large group of carpenter union members showed up to protest the variances for a signature project on Jefferson Avenue.

Schneider Architectural Services / Larkin Development Group

Larkinville is getting another reason to use the expanding indoor and outdoor recreational activities in the growing community, as the city Zoning Board of Appeals gives the go-ahead for three new projects.

A Hamburg grocery store will open a major supermarket in downtown Buffalo. Braymiller Market has been chosen to operate a new retail store and wholesale operation at 201 Ellicott Street, near the Central Library.

Spectrum begins issuing credits to some customers

Mar 20, 2019
Charter.com

Spectrum is starting to dole out a total of $62.5 million in bill credits as part of a settlement with New York state after the company failed to deliver its internet customers the internet speeds it advertised.

Sold! Former Catholic bishop's residence has new owner

Mar 12, 2019
WBFO file photo/Michael Mroziak

The E.B. Green-designed mansion where Buffalo's Catholic bishops once resided is now in the hands of a new owner. The Diocese of Buffalo announced Tuesday that the sale of the property at 77 Oakland Place has closed.

New York’s apple industry has about a 21 percent higher economic impact than traditional studies have found. That totals to about $574 million, according to a new case study from Cornell University.

43North

The money that has gone into the annual 43North competition is starting to make some money and provide jobs - jobs from working in gardens to predictive data science.

Charlotte Russe

Charlotte Russe is going out of business and liquidation sales have begun.

The state comptroller has come out with revenue projections that will limit the ability to spend more money in the state budget. Under law, the governor and Legislature have to abide by those numbers — but that hasn’t stopped interest groups and some lawmakers from saying that they will increase spending.

Signs of spring: Downtown ballpark puts up its new name

Mar 5, 2019
Michael Mroziak, WBFO

It might be hard to think about baseball on the cold winter day when crews were outside Buffalo's downtown ballpark, but the changing of signs at what is now officially Sahlen Field Tuesday morning offered hope that spring will arrive soon.

freeimages.com / Dwayne Blee

The New York State Department of Labor has, for now, dropped its proposed changes to laws that affect workers who can be called into work at short notice.

Karen DeWitt

Economists and financial forecasters, speaking at the state Capitol as part of an annual consensus forecast meeting on the state budget, are warning of an impending recession in New York and the nation. The state is already experiencing some warning signs, with the governor’s budget office predicting a $2.6 billion dollar deficit.

Michael Mroziak, WBFO

During his latest visit to Western New York, Governor Andrew Cuomo spoke again of economic development and accomplishments. This time, he spoke of finding a design to replace the Skyway. And he announced that New York State is offering $100,000 to the winning entry in a forthcoming design competition.

freeimages.com/ / Chi Le

A new, $69 million state-of-the-art lab will be built at Cornell University, where researchers will study the genetics of grapes.

A promising trend is emerging, one that may reverse the familiar flow of young people leaving the Buffalo area in search of other opportunities. According to research by Realtor.com, more millennials are choosing to purchase their first homes in affordable markets like Buffalo. Jim Fink of Business First sees evidence of that trend throughout the city's robust housing market.


Mike Desmond / WBFO News

Three years after a devastating fire, the aroma of soul food again wafted through Gigi's Monday, as a passle of officials cut the opening ribbon on the new restaurant in the Northland Workforce Training Center, not far from the old location on East Ferry Street.

International Association of Machinists and Aerospace Workers

Workers at the Ingersoll Rand plant scheduled to close in Cheektowaga have ratified a separation contract with the manufacturer.

Chris Caya WBFO News

The University at Buffalo opened its new medical school on the Buffalo-Niagara Medical Campus, downtown, last year. But as WBFO's Chris Caya reports the school is doing much more than training the next generation of physicians and healthcare providers.


Chevrolet

General Motors has issued a statement indicating its positive economic impact across upstate New York.

Flora Buffalo

A solution to this area's long-term economic problems, jobs for small business, and as many as 1,000 manufacturing jobs in a waterfront plant. Those were some of the dreams discussed Wednesday night, as Flora Buffalo held a community conversation about pot and processing.

amazon.com

A week after the Amazon deal in Queens died, New York lawmakers want states to agree to stop using taxpayer money to lure big businesses.The legislators are proposing a measure that would form an interstate compact to end what they call excessive “corporate welfare” for large companies.

Facebook.com

Lea Salonga premiered the role of Kim in the original 1989 MISS SAIGON, then Jon Jon Briones sang the role of The Engineer in the 2014 revival, and now another Philippino actor, Red Concepción, proudly takes the stage in the new 2018-2019 U.S. tour for which he promises "producer Cameron Mackintosh has spared no expense."


Caitlin Whyte / WXXI News

There are about 20 people in a basement conference room at the Wyoming County Agriculture and Business Center, sipping coffee and playing an introductory name game. Participants will learn to recognize the signs and symptoms of depression, suicidal thoughts and more in a course called Mental Health First Aid.

These people aren’t mental health professionals. They’re agricultural workers, they’re neighbors, and they just want to help.

Karen DeWitt

Gov. Andrew Cuomo says changes to the federal tax code led to a growing state deficit and is causing some high-income earners to leave the state. But progressive groups, some Democratic state legislators and even some millionaires are pushing back against that assertion, saying there’s no hard evidence that any wealthy New Yorkers are leaving.

Kdm85 at English Wikipedia

What is called the jewel of the Village of Lewison has new owners. The Frontier House, which has a history ranging from hosting prominent American guests to housing a fast food franchise, is now in the hands of a group of local developers.

Mike Desmond/WBFO

Two aging buildings at Sycamore and Michigan are coming before the city Preservation Board. Supporters seek landmark status for the structures as they work to expand on the connection to the city's African-American heritage.


Brian Kulpa

As the Boulevard Mall continues to depreciate in value, Amherst officials are pitching the location to prospective buyers and will put the property on the auction block this spring. Town Supervisor Brian Kulpa acknowledges the property faces challenges, but he also sees possibilities for  Amherst as the town moves into the future.


Office of the Governor

Amazon announced Thursday it is pulling its plan to build a second headquarters in New York City, citing opposition by some state and local politicians.

WRVO News

Wegmans again has achieved a top ranking in the annual Fortune Magazine "100 Best Companies to Work For" list.

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