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Matt Glynn

Matt Glynn has been a business reporter with The Buffalo News since 2000. He is a native of Youngstown and lives in Buffalo.


Business

Bak USA is buying out B. Thomas Golisano's ownership of the Buffalo-based tablet company. "Our shareholders convened earlier today and reached an agreement in principle for a management buyout of Bak USA," the company said in a statement on Friday. "Bak USA will continue to operate as a social enterprise building computers in Buffalo." The company said it would issue…

Business

HSBC has increased its support for BEGREEN P-TECH, a "school-within-a-school" concept at McKinley High School that prepares students for jobs in "green" construction. The bank is providing a $10,000 grant to pay for technical equipment specific to HVAC, carpentry and plumbing, along with safety gear. The grant is in addition to the $2,500 HSBC gave to the program to buy…

Business

43North has revealed the seven judges who will determine the prize winners at the finals on Oct. 3 in Shea's Performing Arts Center. They are: Aashish Tripathi, co-founder and head of business for Amazon Launchpad; Arturo Nunez, founder of AIE Creative; Chris Heivly, who co-founded MapQuest; and Deborah Quazzo, managing partner of GSV AcceleraTE, a venture capital fund.…

M&T Bank says it will spend nearly $2 million to renovate four East Side branches, starting in October. M&T will renovate locations at 999 Broadway, 1300 Jefferson Ave., 3037 Bailey Ave., and 447 William St. The projects are set to be complete by December, and the branches will remain open for business while the work is underway. The upgrades will include new…

Business

In Niagara Falls, Tulip Molded Plastics Corp.'s past and present stand in stark contrast to each other. Its former manufacturing building, more than a century old, is virtually vacant. Employees recall it as an unappealing, poorly laid out place, long past its production prime. "The building itself was old, the equipment was older," said Craig Kellogg, CEO of the Mil…

Business

Kyle S. Morgan was working for a financial services firm in Boston, Mass., when he heard about a job opening in Buffalo. Morgan was intrigued by the opportunity, as a wealth adviser with KeyBank's private bank. He wasn't from here, but in retrospect, Buffalo essentially had been reeling him in. In fact, when Morgan found out about the opening, he was skiing with some co…

Business

Independent Health has named Ann Pentkowski as its new chief financial officer. Pentkowski joined Independent Health in 1997 and has held different roles with the Amherst-based health insurer, most recently as chief network and performance officer. “Ann brings extensive financial, actuarial and underwriting experience, knowledge of Independent Health and the over…

Business

Amazon says it will hire to fill more than 400 permanent, part-time roles for additional operations in the Buffalo area. The new jobs Amazon is hiring for are in its fulfillment operations, the company said. The employees will receive and process customer returns. The Seattle-based company has scheduled three hiring events: 11 a.m. to 7 p.m. Thursday at the Fairfield…

Business

An entrant called T.I.L.T. took first place in the Buffalo Startup Weekend competition. The annual event aims to develop ideas for new businesses over a 54-hour span, culminating in pitches to judges. T.I.L.T. (short for This is Like That) consisted of Dan Gigante, Luke Jezioro, Peter Cimino and Nicholas Cimino. The concept involves recommending new places to try, such …

Business

The Buffalo Niagara International Airport earned the best customer satisfaction score among medium hub airports in North America, in a J.D. Power study. The Buffalo airport came out tops among the 21 airports in its category. The study measured overall traveler satisfaction with terminal facilities; airport accessibility; security check; baggage claim; check-in/baggage …

The law firm Lippes Mathias Wexler Friedman has opened an office in Washington, D.C., bringing its number of locations to six. The Washington office will be led by partners Michael G. Rossetti and Ian A. Shavitz, who joined Lippes Mathias from Akin Gump Strauss Hauer & Feld.  

Business

Patrick Whalen, executive director of the Niagara Global Tourism Institute, will speak at Thursday's World Trade Celebration, at 5 p.m. at Events at the Wurlitzer in North Tonawanda. The event is hosted by World Trade Center Buffalo Niagara. Whalen will speak on "tariffs, trade agreements and tourism in the Trump era." He previously served for eight years as chief opera…

Business

Gary M. Crosby didn't see it coming. The president of the First Niagara Foundation was stunned to learn the foundation, in conjunction with KeyBank, was donating $2 million in his honor to Say Yes Buffalo. His fellow board members sprung the news on him a couple of weeks ago, culminating in Tuesday's formal announcement. Crosby served as president and CEO of First Ni…

Business

M&T Bank still reigns as the Buffalo Niagara region's deposit king. And it's not even close. M&T's market share is more than three times bigger than its nearest rival, No. 2 KeyBank. The Buffalo-based bank controlled 63 percent of deposits in its hometown region, according to new figures from the Federal Deposit Insurance Corp. The FDIC provides a once-a-y…

Business

Launch New York has received a $200,000 grant from the John R. Oishei Foundation, to support a new "cleantech" incubator on the Buffalo Niagara Medical Campus. The grant will be allocated over four years. The Emerging Cleantech Opportunity Incubator aims to bolster seed and early-stage, high-growth potential clean energy companies. Launch New York earlier this year r…