WBFO Business & Economy Desk

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

Facebook / New York State Fitness Association

The rate of transmission of the coronavirus in New York state remains low, and all regions of the state have been in the final phase of reopening for at least a month. But some industries have been left out of those plans and remain closed.

WBFO news file

In the face of several uncertainties, the developer behind the proposed Amazon warehouse on Grand Island is pulling the project.


26 Shirts

26 Shirts, a sports apparel designer, and its founder Del Reid have developed a charitable reputation. Even during a pandemic, they’ve managed to break company records, all the meanwhile raising money for those in need.


Tom Dinki/WBFO News

The Erie County Department of Health has closed several bars and restaurants for allegedly not following COVID-19 regulations, and county lawmakers want to know if the shutdowns were justified.

 

 


Michael Mroziak, WBFO

An affordable housing project known as Mt. Aaron Village, when completed some time next year, will include dozens of apartments as well as units and on-site assistance for individuals struggling with homelessness.

Michael Mroziak, WBFO

A family-owned business in Niagara Falls is marking 100 years of operation by celebrating completion of a large-scale renovation of the building where it all began in 1920.

Mike Desmond / WBFO News

What do bus drivers and supermarket workers have in common? They are essential workers and they joined together at the newly remodeled Tops Market in North Buffalo to pitch a continuation of heroes pay.

TC Buffalo Development

Erie County Executive Mark Poloncarz is coming out full bore in support of the proposed Amazon warehouse on Grand Island -- and he can say it is Amazon.

Mike Desmond / WBFO News

With Washington debating what may be the final COVID-19 stimulus bill, child care advocates in New York are making a major push for $50 billion so parents can go back to work.

WBFO/Michael Mroziak

Lieutenant Governor Kathy Hochul held the first of several planned regional "Build Back Better" roundtable meetings Tuesday morning in Niagara Falls. Local tourism and hospitality leaders sat in on what Hochul referred to as a "dream team" to discuss how the region's attractions have prepared, reopened and conducted business amid a continuing COVID-19 pandemic.

WBFO File Photo

  DoorDash stadium anyone?  Could there be an M&T Bank Stadium in both Baltimore and Buffalo?

  With New Era Cap Company pulling away from their stadium naming rights with the Buffalo Bills, a look at the companies that are doing well in this COVID-19 economy, and those that traditionally bid on stadium naming rights could hold some clues as to who might emerge as the next to hang their name in Orchard Park.

Michael Mroziak, WBFO

A ceremonial ribbon cutting was held Tuesday morning, marking the completion of a $6.2 million reconfiguration of Niagara Falls State Park's welcome plaza. The project's goals, in addition to improving mobility for pedestrians and access for vehicles, was to make the park and the City of Niagara Falls more mutually visible.

WBFO/Michael Mroziak

A young additive manufacturing company based in Tonawanda welcomed Lt. Gov. Kathy Hochul to their facility Monday, to show her an operation which is making personal protective equipment that's being used by many first responders serving on the front lines of the COVID pandemic.

File Photo For Illustration Purposes Only / WBFO News

The U.S. Roman Catholic Church, including some parishes in the Buffalo diocese, used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid.

WBFO/Michael Mroziak

A company formed for the purpose of acquiring and reopening the shuttered Fantasy Island amusement park formally introduced itself Thursday. Empire Adventures, led by a longtime familiar face within the Grand Island attraction, hopes to restart Fantasy Island next spring, coinciding with the 60th anniversary of the original park's debut.

New Era / Twitter

Erie County Executive Mark Poloncarz is blasting New Era for the layoffs announced by the sports cap company one day after its federal jobs subsidies ran out.

Great Point Capital Management

Officials made a major announcement Tuesday afternoon regarding Buffalo's future as a favored location for movie and television productions.

The Western New York Region may be reopening one phase at a time, but the local economy is a long way from recovering from its pandemic-forced shutdown. Inside that gloomy picture, however, Jim Fink of Business First is finding some positive signs. As Western New York begins Phase Four Tuesday, he discusses the millions being invested in local projects by developers from outside the area for this month's appearance on WBFO's Press Pass. 


Michael Mroziak, WBFO

A popular family-oriented Canalside attraction is getting ready to reopen as Western New York enters Phase Four of economic reopening Tuesday. But it will be a slower reopening process for Explore & More Children's Museum, whose leaders say is being done in order to do it properly and safely in an environment where touching is encouraged.

Twitter

There was sharp criticism from Ontario Premier Doug Ford of the United States' handling of the coronavirus pandemic, with Ford describing some states' quick reopening as "reckless."


Buffalo-Niagara Partnership

The Buffalo Niagara Partnership — the regional chamber of commerce — sent a survey to over 12,000 local private and public-sector businesses to assess how workplaces across the region are fostering diversity and inclusion.

Phase Four of the New York State's gradual economic reopening strategy got underway Friday in three counties east of Buffalo. But plans to leave out some popular institutions have renewed complaints and calls to the Cuomo Administration to reconsider.

WBFO/Michael Mroziak

A ceremonial groundbreaking was held in the Village of Lancaster Thursday morning, marking the beginning of construction to restore a main thoroughfare that was severed decades ago to make way for a big box plaza and parking space. Those lifting the golden shovels hail the event as the start of a plan discussed for decades.

Aurora Theatre

New York state's malls, gyms and movie theaters are not cleared to reopen, a devastating blow to those industries, which were preparing to reopen in Phase Four. 

Flickr user danielmoyle

When COVID-19 first hit the U.S. back in March, the stock market dropped, and people panicked. That meant sellers taking their houses off the market, while buyers swooped in to take advantage of low interest rates.

 

 


Office of the Governor

Gov. Andrew Cuomo is warning businesses not to jump ahead on the state's methodical reopening plan.

Island Kids Childcare Center

Island Kids Childcare Center closed its south location on Grand Island March 21 after 255 of its 285 children – nearly a 90% – started staying home with their parents. This decrease came as New York State went on PAUSE amid the coronavirus pandemic.

Google Maps

Regal Cinemas has announced plans for the reopening of their theaters starting Friday, July 10.

Google Maps

The owner of a North Buffalo strip mall wants to split the property into three pieces, perhaps to sell off the properties individually.


Mike Desmond / WBFO News

If you looked carefully Monday at the casually dressed people sitting at a bright yellow table outside Tappo restaurant on Chandler Street in Buffalo, you may have recognized the woman in the red blazer and sunglasses. It was Lt. Gov. Kathy Hochul and husband Bill enjoying the outdoor dining on the last day before Phase Three begins.

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