Buffalo Business News

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WBEN Photo/Mike Baggerman
March 26, 2018 - 6:32 am
Gas prices in Buffalo have risen almost 2.5 cents per gallon in the past week, averaging $2.65 according to Gasbuddy.com. The national average rose more than 4.5 cents this past week, bringing the price up to $2.60 a gallon, nationwide. The price at this time last year was nearly 28 cents cheaper...
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March 23, 2018 - 6:31 am
According to Buffalo Business First, the Erie County Industrial Development Agency had a quote very good year in 2017. The agency approved tax breaks for 27 projects that made more than $485 million in private sector investment, while creating close to 450 jobs and helped retain more than 2,000...
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WBEN Photo/Mike Baggerman
March 22, 2018 - 6:54 am
New York State received high ranks from a business.org study in terms of pay equity among men and women. The Empire State ranks number one for equal pay - with women earning 89 cents for every dollar that men make, compared to the national average of 80 cents. Also, New York ranks fourth nationally...
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USA Today Images
March 21, 2018 - 7:09 am
A Lending Tree Study shows that Buffalo is among the most popular cities in the country for Millennial Homebuyers. According to the study, the share of purchase mortgage requests coming from Millennials in Buffalo is just over 40 percent, and the average loan amount is about $114,000. Fidelis Care...
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Randy Bushover
March 19, 2018 - 4:11 am
The AAA notes that gas prices in Western New York have slid by a penny this past week to an average of $2.66 per gallon of unleaded. Compared to a year ago, the current pump price is twenty-six cents higher. KeyBank N.A. plans to shut down another Niagara County location. Business First reports...
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Randy Bushover
March 16, 2018 - 4:42 am
7-Eleven Inc. has paid slightly more than $2.5 million for Sunoco/A-Plus locations at 2546 Niagara Falls Boulevard in the Town of Tonawanda and 2180 Bullis Road in the Town of Elma. Business First reports that earlier this month, 7-Eleven bought 16 Sunoco/A-Plus locations in Erie County for a...
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Randy Bushover
March 15, 2018 - 4:13 am
MJ Peterson Corp. will acquire Robitaille Real Estate & Relocation Services. Business First reports Isabel Robitaille will remain with MJ Peterson for two years as vice president of MJ Peterson’s relocation arm. That unit is now called MJ Peterson-Robitaille Relocation. Monetary terms of the...
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Randy Bushover
March 14, 2018 - 5:23 am
The Buffalo Planning Board has okayed a pair of projects in the city. Froth Brewing on Military Road can begin brewing beers. Business First reports Froth Brewing hopes to be open later this year. Also, The Garage Cafe & Lounge at 1127 Hertel Avenue near Delaware was approved. The Garage...
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Randy Bushover
March 13, 2018 - 4:45 am
The Floristry is ending its long run at 1367 Delaware Avenue along Gates Circle. Business First reports the decision to close the shop - that opened in 1963 - comes months after The Floristry’s immediate neighbor, Mark Hutchinson from Hutch’s restaurant, bought the building for $471,802. The former...
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Randy Bushover
March 12, 2018 - 5:10 am
The AAA says the current average cost for a gallon of unleaded gas remains stuck at $2.67. That price has been maintained for the last three weeks. WWD reports the back-to-back storms in the Northeast have cost retailers billions in sales. Consulting firm Planalytics, which studies the impact of...
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