--> Business - The Buffalo News

This is Buffalo Niagara's best opportunity to reverse a half century of decline. But it's entirely possible that the region's big moment could prove to be fleeting. That was readily apparent on Monday, when Gov. Andrew M. Cuomo visited Niagara Falls for the ribbon cutting on a new DoubleTree Hotel by Hilton and used the occasion to try to rally support for the second…

KeyBank will open a branch in the Conventus medical office and research building on Main Street, the final step for a project that was hatched by First Niagara Bank. The branch, at Main and High streets, is set to debut March 27. It's an opening that has been years in the works. Back in 2013, First Niagara closed its location at 973 Main St. to make way for the Unive…

An Idea Lab, the first of its kind in Western New York, is now part of the business menu at the Buffalo Niagara Medical Campus. Known as the i4 Studio, the lab is intended to function as a hub for creative thinking and problem solving to help entrepreneurs and start-up companies address challenges and develop new concepts in business planning. Located at the Innovat…

WHEATFIELD - The Town Board plans to apply for state funds to help a developer open a microbrewery and restaurant at The Summit, a largely vacant Wheatfield mall. At a public hearing Monday, John Robinson, a principal in Big Thunder Brewing Co., said the brew pub project might cost as much as $3.3 million. R. Charles Bell, an economic development consultant for the town…

Batteries Plus Bulbs, a Wisconsin-based retail franchise, has opened a new store in East Amherst. The store sells 60,000 different types of batteries, light bulbs and related items. It also provides technology repair services for such items as laptops, smartphones, headphones, MP3 players, tablets and eReaders. Customers can buy items online and pick them up in the stor…

Community Bank System reported a record high for full-year net income in 2016: $103.8 million, up 14 percent from $91.2 million the year before. The DeWitt-based bank capitalized on its acquisition of Oneida Financial, a deal which it completed in late 2015. In the fourth quarter alone, Community Bank reported a 32 percent increase in net income in the fourth quarter…

Northwest Bank's parent company expects to record a $17 million gain on the sale of its three Maryland branches, when the deal closes in the second quarter. It's the latest bit of news for Pennsylvania-based Northwest Bancshares, which has made itself a lot more visible in the Buffalo Niagara region in the past few months. In selling its three Baltimore-area branches…

NIAGARA FALLS - Gov. Andrew M. Cuomo said Monday that a new 191-room hotel overlooking the Niagara River rapids was the latest evidence that the state's efforts to strengthen the Niagara Falls economy are working. In a speech to nearly 200 local residents and officials, Cuomo said he wants Empire State Development to "step up to the plate" in Niagara Falls, carrying ou…

The University at Buffalo’s new medical school building is beginning to show its terra cotta look. Five thousand terra cotta panels are making a visible statement on the University at Buffalo’s new Jacobs School of Medicine and Biomedical Sciences building under construction on the Buffalo Niagara Medical Campus. “A lot of it is going up, and on Main Street, it…

It was 40 years ago this month that Wegmans was preparing to open its first ever store in the Buffalo market, on Dick Road in Depew. But Mother Nature had other plans, bringing the Blizzard of '77 to Western New York and delaying the opening of the store. To remember that early beginning and celebrate four decades in the Buffalo market, Wegmans will host blizzard-themed…

Seven clinics opened in the new Oishei Children's Outpatient Center on the Buffalo Niagara Medical Campus this month. If you're headed there, where do you park? Your best option for parking is an underground ramp in the Conventus building, which houses the outpatient center and is located at 1001 Main St. Entrance for the underground parking is at High Street near …

The Buffalo Niagara Medical Campus is on the hunt for a full-time transportation program coordinator to help develop and manage transportation and parking programs as the campus grows. The initiative, which aims to create a "more efficient, safe, active and sustainable transportation and parking system on and around the medical campus," will be managed by BNMC and overs…

An average of 2,000 people a day signed up for the state’s health insurance exchange over the past month, as the inauguration of President Trump – an Obamacare critic promising big changes – approached. Industry experts say the increase is driven by high demand for two programs serving low-income residents and workers, but also that people are signing up for insur…

Everyone wants a fresh start in 2017 – to sweep out the old and tackle the new. If I know you guys, you’re getting started off right with a good, thorough housecleaning. And I bet, like mine, your housecleaning will end with a big stack of financial papers you have no idea what to do with. Figuring out which papers to keep and which to get rid of can be maddening. A…

Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk’s office for the week ending Oct. 7, 2016. CAMBRIA • Blackman Road, Kevin J. Connor; Lydia S. Connor to Angela Desai; Ninad Desai, $386,000. • 3718 North Ridge Road, James K. Lafler; Janice Lafler to Keith A. Flanigan, $150,000. • Southway Drive, Mary Ann Seave…