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Friday, April 29, 2016

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By Matt Glynn » Thursday, April 28, 2016

KeyCorp’s deal for First Niagara Financial Group cleared its last big hurdle on Thursday, as the Justice Department announced a plan for Key to sell 18 First Niagara branches to Northwest Bancshares in Erie and Niagara counties for $78.2 million. While the Key-First Niagara deal, now valued at about $3.5 billion,... Read More

By Jonathan D. Epstein » Wednesday, April 27, 2016

Building Update is a regular feature highlighting progress on development projects throughout the region. Project name: Buffalo River Landing Address: 441 Ohio St., Buffalo Developer: Savarino Companies and Frontier Group of Companies Cost: $17 million Description: Demolition of deteriorated Erie Freight... Read More

By Jonathan D. Epstein » Monday, April 25, 2016

Building Update is a regular feature highlighting progress on development projects throughout the region. Project name: Lactalis America expansion Address: 2376 South Park Ave., Buffalo Developer: Lactalis America Group Inc. Cost: N/A Description: Office addition to existing facility Completion date:... Read More

By Colin Dabkowski » Thursday, April 21, 2016

KeyCorp reported quarterly net income attributable to common shareholders of $182 million, down 18 percent from a year ago, due in part to acquisition-related costs. Key recorded $24 million in expenses related to its planned acquisition of First Niagara Financial Group, compared to $6 million of those expenses in the... Read More

By Matt Glynn » Thursday, February 4, 2016

The big auto dealer groups just keep growing. West Herr Automotive Group last year acquired two Nissan dealerships and one Infiniti dealership in the Buffalo Niagara region. Even before those deals, Automotive News ranked West Herr the 24th largest dealer group in the country, based on new retail vehicle... Read More

By Jonathan D. Epstein » Sunday, January 31, 2016

Western New York’s commercial real estate market continues to slowly but steadily improve – driven by economic recovery, renovations and more interest in downtown Buffalo – but the slack demand for existing office space remains a challenge for 2016 and beyond. The redevelopment of historic buildings – fueled by... Read More

By David Robinson » Sunday, January 31, 2016

In the old days – as recently as three or four years ago – Ryan Schroen probably would be thinking about where his job hunt would take him. On track to graduate this spring from Canisius College with a master’s degree in business administration, Schroen is just the type of young person who would pack up and leave... Read More

By Samantha Christmann » Sunday, January 31, 2016

Staffing and recruiting agencies are among the first businesses to witness broad-based job growth, seeing which sectors heat up the fastest and reacting to demand for employees. When it comes to many jobs in the new Buffalo, they are the gatekeepers, providing the first level of employee vetting. For job seekers at... Read More

By Emma Sapong » Sunday, January 31, 2016

In the digital age, the advertising world is topsy turvy. Cord cutters abound, and ads are blocked or skipped. And one unsatisfied customer has the power to unravel a major corporation with an unflattering social media post that goes viral. “The biggest challenge for advertisers and marketers is that we’ve really lost... Read More

By Matt Glynn » Sunday, January 31, 2016

Local manufacturers want to fill job openings and update their image at the same time. They want to banish the image of factories as dingy, unsafe working environments, in a sector with dwindling job prospects and low-skilled occupations. Rather than simply lamenting the problem, companies are supporting educational... Read More

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