WBFO Business & Economy Desk

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

Chris Caya WBFO News

Downtown Buffalo's growing tech hub has landed a new tenant. M&T Bank recently announced plans to create 1,000 new technology jobs at Seneca One, the region's tallest building. Now, 43North is following the bank's lead.


Nick Lippa / WBFO News

The city of Niagara Falls will receive $10 million to help transform its Bridge District. Gov. Andrew Cuomo was there Wednesday to announce the funding, which is part of the fourth round of the state’s Downtown Revitalization Initiative.

Chris Caya WBFO News

Buffalo-based ACV Auctions continues growing four years after winning $1 million in the 43North business plan competition. The company is adding a new tool to its popular app that could spur further growth.


Kyle S. Mackie/WBFO News

Rep. Chris Collins (R-Clarence) weighed in Tuesday on the debate about a potential offshore wind project in Lake Erie.


Mike Desmond / WBFO News

A hassle about firing employees of Spot Coffee trying to organize a union for the coffee shops is turning into a major stand for the local labor movement.

Consumers may be shelling out more money for a range of products in the coming months. Many companies are considering raising prices to offset the cost of proposed new tariffs with China.


Chris Caya WBFO News file photo

Tesla's latest earnings report barely mentions the company's South Buffalo solar factory.

Chris Caya WBFO News

General Motors has chosen its Tonawanda engine plant to build the next generation V-8 for the new Chevrolet Corvette Stingray.


NASA

The U.S. flag was first planted on the Moon 50 years ago Saturday, July 20. And as WBFO's Chris Caya reports - the crew of Apollo 11 went out of their way to thank all of the American workers who made their historic journey possible.


Office of the Governor

Gov. Andrew Cuomo signed a farmworkers' rights bill into law Wednesday that will, for the first time, give the workers benefits that other employees get, including time off and overtime pay.

NASA

Inventions made within view of the Niagara Falls Airport not only helped the Apollo 11 astronauts land on the moon 50 years ago - but they also played a vital role in bringing the astronauts home. WBFO's Chris Caya has more on what some call the region's most important contributions to the Apollo program.

NASA

The 50th Anniversary of the first Moon landing is coming up Saturday, July 20. WBFO's Chris Caya is taking a look at some of the local companies that played critical roles in the success of the Apollo program.


NASA

Saturday, July 20, marks the 50th Anniversary of the first Moon landing. All this week, WBFO is taking a look at some of the local companies that played critical roles in the success of the Apollo program.


Mike Desmond / WBFO News

One of the great collections of James Joyce manuscripts, the Fenian monument, a majestic view of Lake Erie and conversations about Irish investments in U.S. business were all part of the visit to Buffalo by Irish Ambassador Daniel Mulhall.

www.catsimatidis.com

Manhattan billionaire John Catsimatidis said his fight with the Town of Amherst over a former gas station site is just another example of an anti-business atmosphere in New York State.

Governor's Office

Gov. Andrew Cuomo used the occasion of the ticker tape parade for the U.S. women’s soccer team in Manhattan to sign two bills Wednesday that will make it easier for women in New York to receive pay equal to men.

Chris Caya / WBFO News

Sen. Charles Schumer says M&T Bank's plan to create 1,000 new jobs in downtown Buffalo may help complete the Cars on Main Street project.


Paulo O/Flickr (Public Domain)

Siena College released the New York State Index of Consumer Sentiment for the second quarter of 2019 today, and it shows a grim picture of how New Yorkers feel about the economy.

Chris Caya WBFO News

With little progress being made, in Washington D.C., on how to pay for fixing the nation's crumbling infrastructure - the U.S. Chamber of Commerce - which bills itself as the world's largest business organization - is traveling the nation pushing a solution. WBFO's Chris Caya has an overview with the Chamber's Vice President of Transportation and Infrastructure Ed Mortimer.

  

Chris Caya WBFO News

Local opposition against building offshore wind farms on Lake Erie is growing. Members of the Erie County Legislature are slated to take up the issue Thursday.

Thomas O'Neil-White/WBFO News

For many people in Western New York, a traditional path through higher education is not for them. Fortunately, there plenty of programs out there to get them into a career.

Graspie

Corporate training for employees can be dull and tedious. But as WBFO's Chris Caya reports, an entreprenuer based at the Innovation Center on the Buffalo Niagara Medical Campus has developed a new way to train workers. 


The woman behind the slots at Seneca Gaming

Jun 6, 2019
Seneca Niagara Resort & Casino

Holly Gagnon is one of the few female CEOs in the gaming industry, but the third at Seneca Gaming Corporation. June marks her second anniversary leading four entertainment facilities in Western New York, which boast some 15 million guests per year served by more than 3,600 employees. June also is expected to reveal the completion of a $40 million renovation project that Gagnon said will "change the entire gateway" to Niagara Falls. WBFO's Marian Hetherly sat down with her to talk games of chance.

Chris Caya WBFO News

A new trade school has opened its doors near the former Central Park Plaza, on Buffalo's East Side.

What are the odds of sports betting in NYS?

May 30, 2019
Leila Fadel / National Public Radio

It has been a year since the U.S. Supreme Court struck down a 1992 federal law prohibiting sports betting in most states. The PASPA (Professional and Amateur Sports Protection Act) decision - as it is called - opened the door to a new multibillion-dollar revenue stream that states have been exploring aggressively since, but a number of legal questions kept it from New York's budget this year. Here is a look at where the issue stands.

Chris Caya/WBFO News

The owner of thousands of apartments across Western New York has been indicted in a major fraud scheme.

Chris Caya WBFO News

Online shoppers are getting ripped off and its hurting the economy and workers, according to a new report issued Tuesday by the Better Business Bureau.


Google Maps

Protocol Restaurant on Transit Road in Amherst is being sued by the U.S. Equal Employment Opportunity Commission for sexual harassment leading to a hostile workplace.

Chris Caya WBFO News

Buffalo's historic Central Terminal is moving closer to becoming a year-round destination after state awarded a $5 million grant for a signficant project. 


File photo: Chris Caya WBFO News

Pay raises could be on the way for Buffalo Mayor Byron Brown, School Board members and other city officials.


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