Buffalo Business Report - Monday October 10, 2016

October 10, 2016 - 1:40 am
We are in the middle of the big banking switchover from First Niagara to Key Bank for area branch customers.  Banks are closed today for Columbus Day, and are expected to re-open as Key Bank branches tomorrow, with all ATM and online bill pay functions running y then.  they might not be so today.

New York State is awarding more of its contracts to businesses owned by minorities and women.
   Gov. Andrew Cuomo's administration has announced that in the last fiscal year 25 percent of state contracts were given to minority- and women-owned firms, up from 23 percent the year before.
   The total amount of all the contracts was approximately $2 billion. Fifty percent of the contracts were for construction projects.
   Cuomo, a Democrat, has set a goal of raising the percentage to 30 percent.

Business First  has a bit more today about the Bass Pro purchase of Cabelas, saying that the Cabela's stores nationwide-- including in Cheektowaga -- will keep the Cabela's name and operate with no visible change for the customer.

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